Niagara Region New Condos for Sale
Why Should You Invest In Niagara Region Real Estate?
This city is synonymous with one of Canada’s most treasured natural wonders. The Niagara Falls are one of the most popular tourist attractions in the country, drawing in 14 million tourists each year — that’s a full 30% of Ontario’s tourism. This accounts for a large portion of the city’s employment, and it’s going to ramped up due to the 2021 Summer Games, which will be hosted here.
At last count, the Niagara region had a population of 447,888, and the city is projecting that there will be 610,000 people by 2041. This is a 26% growth over the next 25 years, which also means that there will be an annual growth of 1.35% each year. This will be mirrored by the city’s employment, which will grow from 185,000 in 2016 to 265,000 by 2041.
Average Price of Condos in Niagara Region
The average price of a resale condominium apartment for the Niagara Region in 2017 was around $316,769 – up 22.88 percent compared to 2016..
Regional Municipality of Niagara
Tourism is the major economic driver in the city, and that translates into always having something to do around town. Most of the attractions are around Clifton Hill. This area is almost on par with Toronto’s Entertainment District in terms of attractions because it’s loaded with tourist oriented museums, such as the House of Frankenstein and Ripley’s Believe it or not. Clifton Hill is also the setting for Casino Niagara, one of the most recognizable casinos in North America.
We can’t talk about the sights of Niagara Falls without actually talking about the falls themselves. The main waterfall is actually named Horseshoe Falls, and it is a stunning sight that needs to be seen in person to be believed.
For permanent residents of the community, Lundy’s Lane is one of the most important thoroughfares in the city. It ties the entire city together, and it also has multiple retail stores, including the Canada One Factory Outlet where you can get all of the major brands at discounted prices.
St. Catherines is also located within the Niagara Region. It’s on the northside of the peninsula and its known for its charming Victorian architecture. It’s also one of the Urban Growth Centres that was designated by the province’s Places to Grow Act. That means we can expect that there will be a lot more building and development coming to the region. This is sure to include condominium projects.
This region is also where a lot of Ontario’s wines are made. Wine tours will be at your fingertips, so you can learn how wine is made, or just pick a favourite to frequent.
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Accessibility / Getting Around
Projects in this region is connected to the rest of Southern Ontario by the Queen Elizabeth Way, colloquially known as the QEW. It starts at the edge of the Falls, and winds westward through Hamilton and Burlington. It then curves northeast and cuts a path through Oakville and Mississauga and goes directly into Toronto, where it becomes the Gardiner Expressway. The Gardiner is one of the most important highways in the GTA, as it goes across the lakefront, providing access across the downtown core. This also means the condos around here have surprisingly good access to the rest of the GTA.
The Region Transit offers bus routes that make it easy to get around locally. In addition to shorter trips throughout the community, it also connects the other cities in the region together. You’re able to conveniently take a bus from Niagara Falls, to St Catherines, and again to Welland.
They’re also expanding GO Transit into the region, which will use the existing VIA Rail tracks to travel to the different communities in the GTA. You’ll be able to get on the train at Niagara and St Catherines, and they’re building a new station in Grimsby. This will make it easier to get to the downtown core, making it even better for real estate investment.
List of New Condos in Niagara Region
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New Condos in the GTA:
- Toronto New Condos
- North York New Condos
- Etobicoke New Condos
- Mississauga New Condos
- Scarborough New Condos
- Markham New Condos
- Vaughan New Condos
- Oakville New Condos
- Richmond Hill New Condos
- Thornhill New Condos
- Brampton New Condos
- Pickering New Condos
- Ajax New Condos
- Newmarket New Condos
- Burlington New Condos
- Oshawa New Condos
- Whitby New Condos
- Whitchurch -Stouffville New Condos
Questions & Answers
What makes up the Niagara Region?
The Niagara Region is on the eastern side of the Southern Ontario peninsula, and it’s made of of multiple municipalities. The official cities are Niagara Falls, Port Colborne, St. Catherines, Thorold, and Welland. It’s also made up of smaller towns such as Fort Erie, Grimsby, Lincoln, Niagara-on-the-Lake, and Pelham.
What’s There To Do in Niagara?
Niagara’s main economic driver is tourism, and there are a lot of advantages to that if you live in the region. Aside from the mainstays like the Fallsview Casino and its adjacent water park, there are multiple festivals that come here throughout the entire year. Some of the most notable are the Canal Days in Port Colborne, the Shaw Festival in Niagara-on-the-Lake, and the Festival of Lights in Niagara Falls.
What’s The Education Like In Niagara?
There are a lot of great scholastic opportunities in Niagara, not least of which is Brock University, which is the only university in Canada that’s within a UNESCO Biosphere reserve.
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