St. Catherine real estate remains great value for money. Although it has become a lucrative real estate market for those looking to buy their home in the Greater Toronto Area, there are still bargains to be found.
Real Estate Professionals in St. Catherine
We’ve searched high and low for real estate investing professionals in St. Catherine. Below, you can find the professionals we’ve researched and can confirm are experts in working with real estate investors.
To ensure maximum success in real estate investing in St. Catharines or any city, you should ever use professionals who know and work with investors, your revenue depends on it.
Benefits of Investing in St. Catherine Real Estate
The Canadian economy is one of the most active on the planet. Millions of dollars are being spent in the country every year from both internal and foreign investors. Millions of people are moving to Canada each year, resulting in a boom in population and housing. The national market is so hot right now, a rookie real estate investor may find himself overwhelmed with options.
A lot of investors who can’t think of a good starting point are eyeing Toronto, the largest city in the country. The good news is that if you have chosen the Toronto area, you are on the right track. The bad news is that the odds are better than average that the Toronto area will prove impervious to entry for investors who don’t already have millions of dollars in startup cash. In these moments, savvy investors understand that the real reward is not the big city itself, but the surrounding communities that benefit from the spillover.
Enter St. Catherine. Located just 51 kilometers south of Toronto, this picturesque city is situated on the shores of Lake Ontario. If you haven’t focused your attention on this emerging city, you might have missed out.
Commitment to quality of life
Given its proximity to the metropolis of Toronto, it can be tempting to believe that St. Catherine’s is a less-than-desirable place to live. It couldn’t be farther from the truth. St. Catherine’s municipal leaders are dedicated to maintaining a high quality of life in the city. In a province known for its tremendous natural beauty, St. Catherine reaches out. It has earned the nickname “The Garden City” because of the thousands of acres of hiking trails, parks, and gardens.
This dedication to quality of life has provided St. Catharines to quickly climb up the list of the best Canadian cities to invest your real estate dollars in.
Live in St. Catherine
Just an hour and a half from Toronto, 40 minutes from Buffalo, and QEW, you can get anywhere in a hurry. But, you may want to just stay and soak up the many lifestyle interests of living in the largest city in the Niagara region.
Vineyards, beaches, walking and hiking trails, museums, shopping, live entertainment, Niagara has it in abundance.
St. Catharines is a city with a dedication to the quality of life for its citizens. With attractive home values and pride in the community, you are sure to find the right neighborhood to invest in.
A brief history of ST. Catherine’s Architecture
Also known as the Garden City, St. Catherine’s has beautiful parklands. In addition, the diversity of architectural styles in the cityscape.
Established on a major shipping route, St. Catherine’s has enjoyed a rich history whose future has never been brighter. A new hospital, a health bioscience lab, The First Ontario Performing Arts Center, The Meridian Center Arena, a competitive swimming pool, library, four new condominium developments, a new hydro plant on the horizon… the list goes on.
This has created a surprisingly diverse architectural landscape in the city, from historic homes designed during the Arts and Crafts movement to 1950s Usonian designs at Old Glenridge. suburban farm or permanent living; St. Catherine has it all.
Education and Customer Service
It may be interesting to novice real estate investors to know that a substantial portion of St. Catherine’s population is devoted to the education of youth throughout the Niagara region. The city’s largest employer is the District School Board of Niagara, headquartered in St. Catherine’s.
St. Catherine also employs several entry-to-mid-level staff. For example, one of the businesses in the truly thriving sector is the Sitel Group, which employs hundreds of full-time call center employees. Sitel St. The Catharines location is experiencing aggressive growth and plans to hire over 400 employees for full-time positions.
What do these two things have in common? The answer is a mid-range salary. The median income in St. Catherine is around $76,000. This puts the city’s gross income around the provincial average.
Mid-range salary benefits
For an investor hoping to score big in the real estate world, an area with a large middle-class population can be a huge advantage. Why? Because due to less salary, the cost of house and rent also comes less. That’s exactly the case in St. Catherine’s, where the average price of a house is about $439,000, and the rent for a one-bedroom apartment is $992 a month.
In Toronto, 51 kilometers north, the average cost of a home is about $1 million, and the rent for a one-bedroom is closer to $1,200 per month. Such a huge difference in the price of homes translates to a more accessible point of entry into the real estate market.
Consider the Rental Market
Of course, there is much more to be said about exploring the single-family homes available in St. Catherine. As the Greater Toronto Area grows beyond capacity, more and more people are leaving the area to find their own homes. That said, St. Catherine’s rental scene is heating up as well.
Due to the high number of customer service jobs in the area, a rental market is an ideal option for most adults. In the past year, four new condominiums have emerged along the St. Catherine skyline with many more to come. Exploring and investing your capital in new commercial real estate projects in the city can prove to be remarkably lucrative for the right investor.
Know the facilities and St. Catherine Real Estate at https://www.stcatharines.ca/
