New Condos in Niagara

Welcome to Niagara Region, home to Niagara Falls and some of the world’s best wineries. The Niagara Association of Realtors reported that between 2014-2017, the cost of a home in the Niagara Region has increased by 55.5%, with an average cost of $316,769. St. Catharines, which is part of Niagara Region, is known for its beautiful Victorian buildings, has been designated an Urban Growth Centre by the province’s Places to Grow Act. This area will be seeing more developments in the near future, which means it could be a perfect time for investors to invest in the real estate market as prices are estimated to continue to rise. In 2016, the population sat at 447,888 and the need for housing in the region will increase as the population increases. Between 2016-2041, the region’s population is expected to increase 26% to over 610,000. Niagara Region is connected to the GTA through the QEW Highway, which turns into the Gardiner Expressway once drivers hit Toronto. With such direct access to some of the area’s larger cities, Niagara Region is becoming a popular area for commuters to call home and raise a family. Niagara is also serviced by its own bus system, allowing riders to easily get to other parts of the community and connect to other cities within the region. Currently, GO Transit offers bus service into Niagara Region, but is working on extending train service into the area, which is scheduled to be completed in 2023. Niagara Region is home to Niagara College, located in Niagara-on-the-lake and Brock University, located in St. Catharines. These areas are great investment opportunities for investors as students will need housing options during the school year. The number one economy influencer in the Niagara Region is tourism. The region sees over 14 million tourists come through the area every year. With Clifton Hill, Lundy’s Lane, Casinos, wine tours, and the Falls to take in, there is always something interesting to do in Niagara Region. Search and compare condos today and let a CondoNow Certified Expert make Niagara Region home!