Italy Property for Canadian Buyers: Complete 2026 Guide

Yes, Canadians can buy property in Italy. The Canada-Italy reciprocity agreement grants full freehold ownership without residency, minimum investment thresholds, or regional quotas. The practical path runs through codice fiscale issuance at the Toronto or Montreal consulate, CAD-to-EUR conversion with documented SWIFT transfers, independent due diligence, compromesso signing, and rogito completion. Budget 10-15% above the purchase price for closing costs, plan 50-60% cash equity if you want Italian mortgage financing, and model CRA T1135 foreign property reporting alongside Italian IMU and cedolare secca from day one.

MORE Group Canadian buyer desk in 2026 tracks full Canada-Italy reciprocity under MAECI tables so citizens purchase freehold without residency quotas while Toronto and Montreal consulates issue codice fiscale via form AA4/8 in one to four weeks at zero fee before compromesso. CRA Form T1135 reporting triggers when specified foreign property cost exceeds CAD 100,000 at any time during the tax year including Italian real estate at purchase price plus improvements. Canadian residents declare worldwide rental income on T1 returns with foreign tax credit for Italian cedolare secca at 21% on long-term leases or 26% on short-term tourist rentals. Non-resident Italian mortgages typically offer 50% to 60% loan-to-value against appraisal with Intesa Sanpaolo and UniCredit desks accepting two to three years of T1 General and Notice of Assessment documentation translated for mutuo ipotecario products near 3.2% to 3.8% fixed in mid-2026 pricing sheets reviewed before rogito SWIFT deadlines from RBC, TD, or Scotiabank accounts.

Canadian CAD/EUR exposure on a €500,000 Tuscany or Puglia purchase means each 5% currency move against the euro shifts total outlay by roughly CAD 30,000 to CAD 45,000 at mid-2026 rates near 0.66 to 0.68 CAD per euro before bank margins. Ontario and British Columbia buyers concentrate on Tuscany at €1,500 to €4,737 per sqm with 4% to 7% gross yields while Quebec enquiry often routes through French-language networks into Puglia at regional averages near €1,422 per sqm with 5% to 8% gross on managed short-term rentals. Elective Residence Visa consulates in Toronto and Montreal commonly expect €50,000 to €80,000 documented passive income despite the €31,160 legal minimum. MORE Group Canadian shortlists model T1135 thresholds, 9% Italian registration tax on second homes, and forward-contract options after compromesso before first euro wire leaves a Canadian bank.

Disclaimer: This guide is informational only and does not constitute legal, tax, or investment advice. Canada-Italy property transactions involve cross-border compliance rules that change with your personal circumstances. Consult qualified Italian counsel, a Canadian CPA with international experience, and your Italian notaio before signing any contract.

Can Canadians Legally Buy Property in Italy?

Buying property in Italy as a Canadian means full MAECI reciprocity with freehold purchase, no residency requirement, and notaio confirmation at rogito using passport plus codice fiscale on tickets from €150,000 to €2,000,000 across Tuscany, Puglia, and Lombardy. Agricultural land and military zones stay restricted. MORE Group verifies reciprocity on every Canadian shortlist before a 10% compromesso deposit.

The reciprocity framework treats Canadian buyers identically to Italian nationals for urban apartments, village houses, and commercial units in most comuni. Restrictions appear only in niche cases: agricultural land purchases, properties in designated military border zones, and heritage-listed buildings subject to Soprintendenza approval.

Canadian buyer status	Can buy?	Residency?	2026 notaio check
Canadian citizen, non-resident	Yes	No	MAECI reciprocity
Canadian with permesso	Yes	Not for purchase	Standard DD
Non-CA passport PR in Canada	Varies	Varies	Passport reciprocity
Canadian corporation	Complex	Entity setup	Corporate file

Checklist:

• Cross-read buying property in Italy as a foreigner.
• Confirm Italy reciprocity rule for non-Canadian passports.

How Do Canadians Obtain a Codice Fiscale Before Buying?

Canadian codice fiscale means form AA4/8 at Toronto or Montreal consulates with passport and address proof, processed in 1 to 4 weeks at zero fee before compromesso on typical €300,000 to €600,000 tickets. Vancouver files route through Toronto. MORE Group blocks offers until codice fiscale is active for 9% registration tax registration and utilities.

Toronto and Montreal consulates process most Canadian applications within one to four weeks when documentation is complete. Apply before you make a binding offer, because sellers and agents treat missing codice fiscale as a sign the buyer is not transaction-ready.

Step	Timeline	Document
AA4/8 submission	Day 0	Passport copy
Consulate processing	1-4 weeks	Address proof
Agenzia pickup (optional)	Same day in Italy	Passport

Checklist:

• Read codice fiscale for Italy property for accent and hyphen name mismatches.
• Apply before binding offer on competitive Tuscany listings.

What Is the Step-by-Step Purchase Process for Canadian Buyers?

Canadian purchase process means the same notarial path as other foreigners with codice fiscale, independent avvocato, compromesso deposit at 10% to 20%, and rogito in 90 to 150 days including six to ten weeks for Italian mortgage approval when financed. MORE Group models CAD/EUR buffer at 3% to 5% adverse move on euro balance.

Canadian buyers follow the same notarial process as other foreigners: property identification, written offer, compromesso with deposit, due diligence window, mortgage approval if applicable, and rogito before the notaio.

Phase 1: Pre-offer preparation

Before making an offer, secure your codice fiscale, engage an independent Italian lawyer (avvocato) who represents only you, and define your budget in euros with a 10-15% closing cost buffer. Model CAD/EUR conversion at current spot plus a 3-5% adverse move buffer. If you plan to buy remotely, prepare power of attorney documents in parallel.

Phase 2: Compromesso and due diligence

The compromesso is a binding preliminary contract. Standard deposits run 10-20% of the purchase price. Your due diligence window should cover cadastral consistency, building permits, condominium debt certificates, and mortgage contingency if financing applies. A geometra survey is strongly recommended for rural properties and any building with a pool, extension, or roof terrace.

Phase 3: Rogito and registration

At the rogito, the notaio verifies reciprocity, calculates registration tax, registers the deed, and releases funds from the notary escrow account. Canadian buyers wiring from RBC, TD, Scotiabank, or BMO should initiate transfers at least seven to ten business days before the scheduled rogito date to absorb SWIFT processing and compliance holds.

Purchase stage	Typical Canadian buyer timeline	Cash required	Key document
Codice fiscale	1-4 weeks pre-offer	None	AA4/8 consulate form
Compromesso	Day 0 of transaction	10-20% deposit	Preliminary contract
Due diligence	30-45 days	Lawyer + geometra fees	Survey and title report
Mortgage approval	6-10 weeks if financed	Bank fees 1-2%	T1 General, NOA, bank statements
Rogito	90-150 days from offer	Balance + closing costs	Final notarial deed

Full process detail sits in how to buy Italy property step by step and due diligence for Italy property.

Checklist:

• Wire from Canadian banks seven to ten business days before rogito.
• Use power of attorney with Hague Apostille for remote closing stages.

What Canadian Tax Rules Apply to Italian Property?

Canadian tax on Italian property means CRA Form T1135 when foreign property cost exceeds CAD 100,000, worldwide rental reporting on T1 with foreign tax credit for Italian cedolare at 21% or 26%, and 50% capital gains inclusion on disposal with possible 26% Italian IRPEF on sales within five years. MORE Group flags T1135 from year one of ownership even without rental income.

Italian holding costs include IMU on cadastral value, condominium spese, insurance, and flat rental tax under cedolare secca or ordinary IRPEF regimes. Second-home registration tax at 9% on cadastral lines often exceeds notary fees on mid-market tickets. Engage a Canadian CPA with international property experience before your first rental receipt or T1135 filing.

CRA Form T1135 foreign property reporting

Canadian residents must file Form T1135 (Foreign Income Verification Statement) when the total cost of specified foreign property exceeds CAD 100,000 at any time during the tax year. Italian real estate at cost (purchase price plus capital improvements) counts toward the threshold. Related foreign bank accounts, life insurance policies with Italian insurers, and shares in non-resident corporations also aggregate.

Failure to file T1135 carries penalties of CAD 25 per day to a maximum of CAD 2,500, plus potential gross negligence penalties. File even when the property generates no income. Ownership alone triggers the threshold test.

Rental income and CRA reporting

Italian rental income is taxable in Canada for tax residents. You declare gross rental receipts on your T1 return, claim allowable deductions, and apply a foreign tax credit for Italian tax paid under the Canada-Italy tax treaty. Italy taxes non-resident rental income at 21% cedolare secca on long-term leases or 26% on short-term tourist rentals unless you elect ordinary IRPEF.

Capital gains on disposal

Canadian capital gains rules apply when you sell Italian property. Only 50% of the gain is included in taxable income for individuals. Italian capital gains tax at 26% IRPEF may apply on gains from property sold within five years of purchase. Coordinate timing with your accountant to model net proceeds in both jurisdictions.

Tax item	Italy (second home)	Canada (tax resident)	Treaty note
Purchase registration tax	9% on cadastral value	Not applicable	N/A
Annual IMU	0.4-0.76% cadastral value	Not directly taxed	N/A
T1135 reporting	N/A	Required if foreign property over CAD 100k	Ownership threshold
Long-term rental income	21-26% cedolare/IRPEF	Worldwide income declared	Foreign tax credit typical
Short-term rental income	26% cedolare secca	Worldwide income declared	Foreign tax credit typical
Capital gains (under 5-year hold)	26% IRPEF on gain	50% inclusion rate on gain	Credit mechanism applies

Checklist:

• File T1135 even when the property generates zero rental income.
• Model foreign tax credit with CPA before first cedolare F24 payment.

Can Canadians Get a Non-Resident Mortgage in Italy?

Canadian non-resident mortgage means Italian banks lend 50% to 60% loan-to-value using lower of price or perizia with two to three years of T1 General, Notice of Assessment, and six to twelve months of bank statements translated for Intesa Sanpaolo or UniCredit desks. Fixed rates near 3.2% to 3.8% at 50% to 60% LTV in mid-2026. MORE Group pre-qualifies before compromesso on financed tickets.

Yes. Italian banks lend to Canadian citizens at roughly 50-60% loan-to-value for income earned in Canada. Banks use the lower of agreed purchase price or independent perizia appraisal.

Intesa Sanpaolo and UniCredit operate international desks familiar with Canadian T1 General and Notice of Assessment formats. Required documents typically include two to three years of Canadian tax returns, T4 or business financials, six to twelve months of bank statements, employment verification, and sworn Italian translations. Self-employed Canadians need additional accountant letters confirming stable income.

Fixed-rate mutuo ipotecario products for Canadian non-residents in mid-2026 start near 3.2% at low LTV and rise toward 3.8% at 60% LTV. Variable Euribor-linked products land near 3.0-3.5% all-in. Loan terms run 15 to 25 years with repayment in euros regardless of whether your income arrives in CAD.

Mortgage approval adds six to ten weeks. Total purchase timeline with financing stretches to four months. Cash buyers close faster and negotiate harder on price in competitive markets.

See our full non-resident mortgage Italy guide for bank-specific LTV bands, rejection triggers, and Lombard loan alternatives.

Document	Canadian source	Bank use
T1 General	2-3 years	Income proof
Notice of Assessment	CRA	Verification
Bank statements	6-12 months	Liquidity
Employment letter	Employer	Stability

Checklist:

• Confirm perizia within 5% of purchase price before deposit.
• Self-employed Canadians need accountant letters confirming stable income.

How Does CAD/EUR Currency Risk Affect Canadian Buyers?

CAD/EUR risk for Canadian buyers means contracts settle in euros while income may arrive in CAD so a 5% move on €500,000 swings outlay by CAD 30,000 to CAD 45,000 at 0.66 to 0.68 rates in mid-2026. Forward contracts after compromesso lock rogito amounts. MORE Group stress-tests both acquisition and resale FX on Canadian shortlists.

Canadian buyers settle Italian property in euros regardless of whether income arrives in CAD. Currency timing on a €500,000 purchase can swing your total outlay by CAD 30,000-45,000 within a normal quarterly CAD/EUR cycle.

Practical hedging approaches Canadian buyers use:

• Spot transfer at rogito: Simplest but exposes you to full volatility between compromesso and closing.
• Forward contract after compromesso: Lock the euro amount for the rogito date through your Canadian bank’s FX desk or a specialist broker.
• Staged transfers: Wire deposit at compromesso, balance closer to rogito, accepting two conversion points.
• Euro holding account: Maintain a euro sub-account if your bank offers one, funding it when rate is favourable.

Document every transfer with SWIFT confirmations and purpose-of-payment descriptions matching the notaio proforma.

Hedging approach	When to use	CAD/EUR note
Spot at rogito	Simple cash close	Full volatility
Forward after compromesso	Financed or delayed rogito	Locks euro amount
Staged transfers	Deposit + balance	Two conversion points
Euro sub-account	Rate watch	Fund when favourable

Checklist:

• Match SWIFT purpose text to notaio proforma exactly.
• Avoid unexplained large transfers that trigger compliance holds.

Which Italian Regions Do Canadian Buyers Prefer?

Canadian region preference means Tuscany captures roughly 14% to 15% of foreign enquiry with Florence near €4,737 per sqm and 4% to 7% gross yields while Puglia averages €1,422 per sqm with 5% to 8% gross on managed short-term rentals. Lake Como trades above €4,000 per sqm with thinner yield. MORE Group routes Ontario buyers to Tuscany and Quebec enquiry toward Puglia value bands.

Canadian buyers concentrate in regions with established North American resale liquidity and distinct lifestyle propositions: Tuscany for prestige, Puglia for yield, and Lake Como for luxury.

Tuscany: brand recognition and measured yields

Tuscany captures roughly 14-15% of Italy’s foreign buyer enquiries according to Gate-away tracking. Florence asking prices averaged €4,737/m² in April 2026 with countryside markets at €1,500-4,000/m². Gross yields run 4-7% depending on rental strategy.

Canadians buy Tuscany for heritage appeal, wine-country lifestyle, and confidence that a well-located asset resells to the next international buyer. Deep regional analysis: Tuscany property investment guide.

Puglia: value entry and stronger gross yields

Puglia recorded 2,300 foreign purchases out of 8,600 total regional transactions in recent FIAIP data. Regional average pricing sits near €1,422/m² with gross yields of 5-8% on well-managed short-term rentals.

Canadians attracted to Puglia typically want trulli restoration projects, coastal villas with pools, or turnkey STR units at price points unreachable in Tuscany. Deep regional analysis: Puglia property investment guide.

Lake Como and Liguria: luxury and Milan access

Lake Como draws Canadian buyers seeking lakefront villas and pieds-dans-l’eau apartments within commuting distance of Milan. Prime lake stock trades well above regional averages with lower gross yields (often 2-4% on trophy assets) but exceptional resale liquidity. Liguria offers Riviera coast exposure at €3,500-8,000/m² with 3-5% gross yields.

Region	Avg price band	Gross yield band	Canadian buyer appeal	Main risk
Tuscany	€1,500-4,737/m²	4-7%	Prestige, resale depth	UNESCO STR limits in Florence
Puglia	€800-3,800/m²	5-8%	Value, trulli lifestyle	Renovation and permit surprises
Lake Como	€4,000-12,000+/m²	2-4%	Luxury, Milan access	High entry, thin yield on prime

Checklist:

• Deep-read Tuscany property investment guide and Puglia property investment guide.
• Confirm CIN and condominium STR votes on Puglia pool villas before deposit.

What Should Canadian Buyers Know About the Elective Residence Visa?

Canadian Elective Residence Visa means documented passive income of at least €31,160 annually with no work in Italy including remote employment for a Canadian employer, while Toronto and Montreal consulates often expect €50,000 to €80,000 in pensions and dividends. Property deed strengthens settlement proof. MORE Group separates visa income proof from purchase budget on retiree shortlists.

Canadians who want to live in Italy year-round often pursue the Elective Residence Visa (ERV). Property purchase is optional under the program but interacts with financial proof requirements and settlement intent.

The Elective Residence Visa targets retirees and passive-income holders. Official minimum passive income is €31,160 annually for a single applicant, though Canadian consulates in Toronto and Montreal commonly expect €50,000-€80,000 in documented passive streams including pensions, dividends, and rental income from non-Italian sources. Working in Italy, including remote work for a Canadian employer, is prohibited under standard ERV conditions.

Buying property strengthens your ERV application because it demonstrates settlement intent and reduces reliance on rental lease documentation. A registered 12-month lease also qualifies if you prefer to test a comune before committing capital. Budget IMU, utilities, and healthcare top-up insurance in your passive income calculation.

Canadians planning ERV should coordinate Italian property purchase timing with consular filing. Some buyers complete rogito before visa interview to present deed evidence. Others secure visa approval first, then purchase within the permitted residence window.

Full visa context: Italy Elective Residence Visa property guide and Italy Investor Visa property guide.

Checklist:

• Budget IMU and healthcare top-up in passive income calculation.
• Complete rogito before consulate interview when deed evidence helps the file.

Factor	Elective Residence Visa	Property purchase alone
Minimum financial proof	€31,160 passive income (consulates often want more)	Purchase price + 10-15% closing
Work in Italy allowed	No, including remote Canadian employment	N/A
Property required	No (lease or deed both work)	N/A
Best Canadian buyer profile	Retiree, passive portfolio holder	Any non-resident with reciprocity
Tax implication	Italian tax residence if 183+ days	Non-resident IMU and rental rules

What Closing Costs Should Canadian Buyers Budget?

Canadian closing costs mean budgeting 10% to 15% above purchase price on Italian second homes with 9% registration tax on cadastral value for most non-resident buyers plus notary, agency, and geometra lines. A €440,000 Puglia masseria may need €44,000 to €66,000 in closing costs. MORE Group all-in models include IMU and T1135 timing from year one.

Canadian buyers purchasing Italian second homes should budget 10-15% above the purchase price for closing costs. Registration tax on non-resident second homes runs 9% calculated on cadastral value unless you elect price-based assessment.

Cost line	Typical band	Canadian note
Registration tax (second home)	9% cadastral	Most non-resident buyers
Notary and legal	1-2%	Sworn translations if needed
Agency	3-5%	Negotiable split
Geometra rural	€800-2,500	Pool and extension stock

Checklist:

• Read cost of buying property in Italy for IMU and TARI ongoing lines.
• Prima casa 2% rate requires Italian residency within 18 months, rare for Canadians abroad.

Which buyer scenarios fit Canadian investors?

Canadian buyer scenarios means four common paths from Ontario ERV retirees at €400,000 to Vancouver STR investors at €620,000 with distinct T1135 and 21% or 26% cedolare overlays on rental income. Montreal Milan rotators near €850,000 use 50% LTV Italian mortgages. MORE Group models CRA foreign tax credit before first booking.

Match your purchase to the outcome you actually want. Italy offers trophy assets that appreciate slowly with thin yield, and regional plays that cash-flow with more operational friction.

Scenario 1: Ontario retiree couple (€400,000, lifestyle + ERV path)

Profile: Toronto retirees, CAD 75,000 combined pension plus investment dividends, planning 6+ months per year in Italy, no employment income.

Optimal strategy: Purchase a renovated two-bedroom in Puglia near Ostuni at €370,000 plus €42,000 closing costs. Register deed before ERV consulate interview. Budget IMU and management at €4,500-€6,000 annually. File T1135 from first year of ownership.

Decision rule: Choose turnkey renovated stock over trulli projects unless you budget 18 months and €130,000+ for restoration. Verify passive income documentation covers 24 months of bank statements before consulate submission.

Scenario 2: Vancouver equity investor (€620,000, 7-10 year hold, rental focus)

Profile: BC-based investor, cash buyer, wants 4%+ net after Italian taxes, comfortable with STR management.

Optimal strategy: Acquire a pool villa in Valle d’Itria with existing CIN at €580,000. Model 62% occupancy at €215 nightly after fees for €49,000 gross. After 21% cedolare, cleaning, and IMU, net lands near 3.5-4.2% on deployed capital.

Decision rule: Do not buy without transferable CIN and written condominium STR approval. Confirm CRA foreign tax credit mechanics with your accountant before first booking.

Scenario 3: Montreal professional (€850,000, 5-year Milan rotation)

Profile: Quebec finance professional on Milan assignment, may sell on departure, wants euro hedge and quality tenant fallback.

Optimal strategy: Buy a 95m² two-bedroom in Isola or Porta Nuova at €800,000 with 50% LTV Italian mortgage. Furnished corporate lease at €2,800 monthly yields 4.2% gross on equity after financing costs.

Decision rule: Finance only after perizia confirms bank valuation within 5% of purchase price. Use non-resident mortgage Italy pre-qualification before compromesso.

Scenario 4: Alberta HNWI (€1,800,000+, ERV + Chianti legacy asset)

Profile: Calgary entrepreneur seeking Italian lifestyle base, passive income from investments, no active employment in Italy.

Optimal strategy: Secure ERV through documented investment portfolio income. Purchase restored Chianti farmhouse at €1,600,000 plus €180,000 closing. Personal use 10 weeks annually. Optional long-term furnished lease eleven months when absent. Exit to US or UK buyer pool at Tuscany liquidity premium.

Decision rule: Separate visa passive income proof from property budget. ERV prohibits Canadian remote employment even if employer permits it. Engage cross-border tax counsel before spending 183+ days in Italy.

Scenario	Budget	Hold	Primary region
Ontario ERV retiree	€400K	Lifestyle	Puglia
Vancouver STR investor	€620K	7-10 yr	Valle d’Itria
Montreal Milan rotation	€850K	5 yr	Lombardy
Alberta HNWI	€1.8M+	Legacy	Tuscany

Checklist:

• File T1135 from first year of ownership on every scenario with cost over CAD 100,000.
• Confirm transferable CIN before Vancouver STR scenario deposit.

Which guides should Canadian buyers read next?

Canadian buyer next steps means five hub guides covering reciprocity, codice fiscale, Elective Residence at €31,160 minimum passive income, Tuscany at €4,737 per sqm, and Puglia at €1,422 per sqm before first euro wire. MORE Group flags T1135 over CAD 100,000 and CAD/EUR hedging on 2026 shortlists with avvocato review before 10% compromesso deposits.

Topic	Guide
National legal path	Buy property Italy foreigner
Visa and property	Elective Residence Visa property
Tuscany depth	Tuscany investment guide
Puglia yield	Puglia investment guide
Financing	Non-resident mortgage Italy

Checklist:

• Get a curated shortlist with Canadian tax and FX modeled.
• Insider tip: Independent avvocato review before compromesso deposit beats agency reassurance when visura catastale gaps surface only after wire transfers if skipped.

Frequently Asked Questions

Can Canadians buy property in Italy? +

Yes. Canada maintains full reciprocity with Italy under MAECI tables, so Canadian citizens can purchase freehold residential property on the same terms as Italian nationals. The notaio confirms reciprocity before the rogito using your Canadian passport.

Do Canadians need Italian residency to buy property? +

No. Canadian citizens can buy Italian property as non-residents. Residency becomes relevant if you plan to claim prima casa tax benefits, apply for the Elective Residence Visa, or spend more than 183 days per year in Italy for tax purposes.

How do Canadians get a codice fiscale for Italy property? +

Apply at the Italian consulate in Toronto or Montreal using form AA4/8 with passport copy and proof of Canadian address. Processing typically takes one to four weeks. The codice fiscale is free and mandatory before compromesso or rogito.

What is CRA Form T1135 for Canadian Italy property owners? +

Canadian residents must file Form T1135 (Foreign Income Verification Statement) when specified foreign property exceeds CAD 100,000 at any time during the year. Italian real estate, bank accounts, and related foreign assets count toward the threshold. Penalties for non-filing are significant.

Can Canadians get a non-resident mortgage in Italy? +

Yes. Italian banks typically lend Canadian buyers 50-60% loan-to-value against the property, using the lower of purchase price or bank appraisal. You need a codice fiscale, two to three years of Canadian tax returns (T1 General), and six to twelve months of bank statements.

How does the Elective Residence Visa work for Canadian buyers? +

The Elective Residence Visa requires documented passive income of at least €31,160 annually and prohibits working in Italy. Property purchase is not mandatory but strengthens your application by demonstrating settlement intent. Canadian consulates often expect higher documented passive income than the legal minimum.

Which Italian regions attract Canadian property buyers most? +

Tuscany leads Canadian lifestyle enquiries with Florence prestige and 4-7% gross yields. Puglia offers lower entry near €1,422/m² with 5-8% yields. Lake Como and Liguria attract Canadian buyers seeking Alpine-lake proximity and established North American resale liquidity.

Can Canadians buy Italian property remotely? +

Yes. Most Canadian buyers complete at least one transaction stage remotely using a notarized power of attorney with Hague Apostille. Your independent Italian lawyer signs compromesso and rogito on your behalf after due diligence is complete.

How does CAD/EUR exchange rate risk affect Canadian buyers? +

Italian purchase contracts settle in euros. A 5% CAD depreciation on a €400,000 balance adds roughly CAD 30,000+ to your outlay at typical mid-2026 rates. Many Canadian buyers forward-contract euros after compromesso signing to lock the rogito amount.