If you’re a prospective real estate investor trying to find out where you want to invest next, you should consider real estate investment Barrie.
The Real Estate Investment Network ranked Barrie as one of the top places to invest in the entire province of Ontario. Barrie is ranked third, just behind Cambridge/Kitchener and Hamilton.
Why Real Estate Investors Need to Be Considering Barrie for Their Next Investment Property Purchase
What makes real estate investment Barrie so appealing is that the city has a growth strategy it is implementing straight through to 2031. The population of Barrie will rise to 210,000 and an extra 100,000 jobs are expected to be created.
A major factor to Barrie’s growth is the addition of the GO Train transit expansions. It will become the main mode of transportation for those commuting to and from the GTA.
An article from the Barrie Advance goes on to discuss how Millennials are moving up to Barrie, which will help drive the average age down significantly. One of the biggest reasons for desiring to live in Barrie is that the city provides plenty of recreational things to do throughout all the seasons of the year.
The Starter Home Market in Real Estate Investment Barrie
As you begin to consider investing in Barrie, make sure you look at the new home market.Whether you’re considering condos, townhouse, 8-plexes or detached homes, real estate investment Barrie is at your disposal. In any economic cycle, there is one market that is always active, or most liquid, and that’s the starter home market.
To be honest, the math is simple. You get bigger square footage and a smaller mortgage here in Barrie. Smaller payments give you more money to spend on you and the family.
Whether you’re an experienced real estate investor or you’re looking to purchase your first home, you should always be looking for ways to simplify the process. We encourage you to attend our Canadian Real Estate Investment Training. We believe you’ll gain valuable insights that will position you ahead of the rest of the real estate investing crowd in the GTA.
your real estate investment coach,