Several renters and homeowners in the GTA have been driven out of the city in recent years. Homeowners are looking from affordable and relaxed lifestyle options elsewhere. In addition to the rising home prices in GTA, the prices have drastically gone up in Hamilton as well. Now buyers are looking to purchase homes in the Niagara region.
New homeowners are gravitating towards Niagara since it is a flourishing region in the making. The Niagara Region offers ample green spaces, and a wide range of amenities, together with affordable real estate.
“With the ability to work from home and the expanding public transit from Niagara to Toronto, moving away from the GTA has been a popular choice for homeowners looking to stretch their dollar,” says Chris Knighton, Team Leader at Knighton Real Estate Advisors.
The region’s dynamic health care, manufacturing, professional services, hospitality and tourism sectors attract young professionals and families seeking an urban lifestyle.
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“We are witnessing a trend within young adults and families who recently moved to Niagara, as it offers the space, amenities and schools that growing families struggle to find in urban areas,” Knighton adds.
Real estate trends suggest that moving to Niagara is an attractive option for many residents in the GTA for several reasons. Chris Knighton discusses the top 5 reasons why GTA homebuyers are flocking to Niagara:
Niagara real estate is attractive to people primarily due to it price point, it is incredibly reasonable. Living in a large urban area usually means buying something that is within your budget . Oftentimes you’ll have to compromise your wants as a home owner depending on the region. There are tons of opportunities to acquire large homes with modern upgrades. Additionally, there are many garden space in the Niagara region — without breaking the bank.
It’s not just Niagara’s stunning waterfront views that make this region perfect for outdoor enthusiasts, the area also boasts dozens of natural reservoirs and waterfalls.
In contrast, big cities in the GTA can feel vast and intimidating, making community building challenging. The Niagara region offers a small-town feel without sacrificing convenience.
The Niagara Region is home to some of the best public and private schools as well as post-secondary institutions like Brock University and Niagara College. Families can choose a school in the Niagara Region that best meets their needs.
In addition to some of the country’s best restaurants, bars, wineries, and festivals, Niagara Falls is a very popular tourist attraction. The Vineland wineries and Niagara Falls attract people from around the world.
About Knighton Real Estate Advisors:
The KNIGHTON Team is a Full-Service Residential Real Estate Team focused on providing world class representation to Buyers and Sellers in the Golden Horseshoe and Niagara Regions. We are proud to be among the TOP 1% of all Real Estate Teams in Canada
For more information, go to http://www.knightonrealestate.com/
FEATURE IMAGE: Rafik Wahba