Answers for all of your Real Estate Questions
Barrie is a city in southern Ontario on Lake Simcoe with a population of about 135,000, and an hour’s drive north up the 400 highway from Toronto. Barrie real estate offers some great opportunities.
Barrie is a city in southern Ontario on Lake Simcoe with a population of about 135,000, and an hour’s drive north up the 400 highway from Toronto, a fact that let to a very strong population growth during the 1990s. It often considered the gateway to cottage country, being within a 20 minute drive Collingwood, Blue Mountain and Wasaga Beach.
The city itself sits right on Lake Simcoe. It’s named after Sir Robert Barrie, who was in charge of the naval forces in Canada during and after the War of 1812 where the city played a crucial role keeping the future country free, serving as a supply depot for British and allied forces.
From Toronto, it’s less than an hour’s drive north on highway 400 and both Go Bus and Go Trains service the city during the weekdays; Go Trains will provide hourly (30-minute during rush hours) all-day service within in the next 10 years – a boon to those who dread winter driving. In the city itself, Barrie Transit provides bus service for most of the city.
Why Barrie, Ontario is very appealing for home buyers now
Barrie, located on the western shore of Lake Simcoe, is becoming a real estate dream. The city now has a ‘heated’ real estate market and is increasingly becoming more popular among home buyers looking for a resale later while being able to enjoy everything the city has to offer now.
Barrie is also the second safest city in Canada, which makes it an attractive choice for families and elders. According to data from Statistics Canada, the Crime Severity Index, which measures the volume as well as the seriousness of each crime in comparison to others, is lower than most other places in the country.
A lower crime rate can be beneficial in other ways including lower municipal and land taxes due to lesser spending on law enforcement.
First time buyers, who have been finding it difficult to enter the real estate market, consider purchasing a home in Barrie a good investment option while staying within driving distance to the city.