Brantford is a city found in the southern part of Ontario. It lies on the outlying borders of Toronto.
The city is turning out to be the one of the region’s promising bedroom communities. With the ongoing urban sprawl, an increasing number of people are looking at Brantford for homes to buy.
The past year has seen the value of houses in Brantford increase by more than 20%. In spite of this rather dramatic increase, however, you will still be able to find a house in the city that goes for about a fourth of the price of a comparable listing in Toronto.
If you are considering investing in house in Hamilton or Burlington, going just a bit farther towards Brantford will allow you to save half of what you would spend for real estate in the former.
Guelph figures as one of the leading cities in Ontario in terms of growth. It has a 6.8% 5-year ROI for real estate. The figure continues to grow fast. Property rentals are also on an all-time high.
Guelph shows a steady growth in its population. It also enjoys a stable labour market. Unemployment is listed as lower than 4%. The city’s nearness to the General Ontario Area is another factor that ensures Guelph’s growth in the real estate market.
In general, investors seem to have overlooked this city (the biggest city in the north western region of Ontario) as a first-rate place for homes to purchase.
Thunder Bay has several things going for it.
- The local economy is on the rise.
- The city is the hub for education, commerce, and healthcare in Northwestern Ontario.
- In the last 5 years, rental rates in the city have climbed by more than 20%.
- Employment rate is high.