It is no secret that the GTA has exploded in size and value over the last decade. Certain cities that were once affordable are now expensive, smaller regions are now booming in size, and much more.
Typical Barrie homes for sale that used to be considered affordable have greatly increased in value as residents from Toronto continue to move north.
Cities in the GTA are like different flavors of ice cream. They are all unique in their own way, but in the end, they are all similar in design and the overall way they have developed. Determining which GTA city will be a great fit for you will depend on what you are looking for in a specific GTA city. When compared to other Ontario cities in terms of family life, Barrie homes for sale cannot be beat, both in terms of value and location.
Barrie is known as a commuter city. The GO train extends from Barrie to Union Station in downtown Toronto, making it the perfect place for working professionals to find Barrie homes for sale. Many Barrie residents hop on the train in the morning, go to work in Toronto’s financial district only to repeat the process to arrive home at the end of a long day.
This city is the type of city that benefits from various factors without being overwhelmed by them. The GO train does not eclipse Barrie’s own excellent transit system. Many of Barrie’s residents may commute to Toronto for work, but this phenomenon does not detract from Barrie’s own excellent economy. Job growth in the city remains steady, and with such great transit networks, it is easy for residents to find jobs in the city or in one of the nearby job hubs in the GTA. Over the past 10 years, Barrie’s GDP has seen triple digit growth and the creation of many jobs in the manufacturing industry. But one of the most impressive statistics is the city’s 3.4% unemployment rate, the second lowest in the country.
“2017 was an active year for development with a good mix of companies expanding and new builds, including new multi-tenant units,” said Zvi Lifshiz, executive director of Invest Barrie.
If you have a family and want a nice, quiet, safe city to live in, you cannot beat it. Barrie is a city that is defined by its residents, rather than the other way around, as so many large cities are.
Waterloo, and Kitchener (which many view as an extension to Waterloo due to its proximity), has become a college town of sorts, thanks to the University of Waterloo. While the university is one of the best in Canada, and the world, especially for STEM, it is still a university of approximately 36,000 students. With a population of approximately 600,000 people in the Waterloo Region, you will notice this presence.
In the end, it all comes down to priorities. If you like college towns, or are part of a younger demographic, you may enjoy Waterloo. You will feel the “energy’ that you can only find in a college town filled with university students. Waterloo caters to a different crowd than Barrie.
Hamilton continues to be a city that residents from Toronto are spilling into. It is even being referred to as the “Brooklyn” of Canada. Toronto commuters looking for a hip new scene will like Hamilton, as it too is connected to the GO train line. If you choose to visit, or even to live in Hamilton, expect a deluge of new and interesting experiences. The city also boasts many waterfalls, often earning itself the city of waterfalls title.
Many GTA residents are attracted to Hamilton because of its size and proximity to Toronto. If you are considering Hamilton for this reason, you should also look at Barrie because it too is well connected to major transit networks and the workday morning drive from Hamilton to Toronto is long and frustrating at times.
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