Why You Should Invest in Guelph
Guelph is consistently ranked one of the top cities in Canada, not only to live in, but also to invest in.
So what makes Guelph such a fantastic investment?
Well one of the things, is Guelph’s very close to the 401 and the greater Toronto area, making it very appealing for commuters. The commutability in our city is only going to get better. By 2025, Guelph will have direct GO Train routes to Pearson airport in 23 minutes, and downtown Toronto in 39 minutes, making it a fantastic place for commuters. Click here to learn more about the high-speed train.
Guelph also has the lowest unemployment rate in all of Ontario, and the third lowest in all of Canada. Our vacancy rates are consistently 1% or less, and we’ve had an average 5-year rent increase of 21%.
We’re listed on Ontario’s Places to Grow, and the population in Guelph is expected to increase by a minimum of 2% every year for the next 20 years. That increase in population is going to further increase the demand for housing in Guelph. Our real estate market has consistently gone up by a minimum of 5% per year since 2009, but still compared to the greater Toronto area we’re extremely affordable. The average house in Guelph is 60% of the cost of the average house in the greater Toronto area.
We’ve got a great university, and a very strong manufacturing and agricultural base. But the thing I love the most about the city of Guelph is that even though it’s a rapidly growing city it has still maintained the charm and character of a small town.
Interested in purchasing a student rental? Here are some things to consider before!
Question? Contact us! We are happy to help.
