Does this mean you live in Calgary?
As for prices that is difficult to say. It will probably cost at least 50,000 euro for a place you can live in. This means the roof dosen't leak and you have power, water and sewer. It will be pretty plain inside however and everything will be old and ready for replacement, probably no heat other than a fireplace . It took us 8 months to complete the purchase but we actually bought 2 seperate properties, kind of like a duplex, and the second seller didn't have all their paperwork together. 2 months should be enough time provided you are prepared, bank account in Italy and a codice fiscale.