Where To Invest In 2022 – Explore the charm of Orangeville with our enticing real estate listings.
Real estate investing. Always a hot topic!
Let’s not waste any time and jump right in on Where to Invest in 2022.
The East is really having a moment.
Although this region made considerable gains over the last couple of years, there is still room for so much more! Hence why it’s on our list – as a whole – of Where to Invest 2022!
For perspective, some cities in Durham saw increases of home prices over 45% year over year. Pickering and Whitby for instance, went from having homes sell with an avg home price of $900k last year to upwards of $1.3m this year.
Our main thoughts for the region are broad, and with good reason!
You could purchase a single family home as a long term play (or for the risk tolerant – a short term flip!).
Prices have already risen, but the room to continue to grow is still great thanks to the rise in population both realized and the proposed immigration targets for Canada. In addition still is the room for land development as the area is ripe with land waiting to be built upon.
Another option, if looking to the future for moving up or even retirement, would be to bank a home or land.
Let us explain.
Many investors with big plans for their future purchase homes based on the land they sit on. Often the land is generous in size, backing onto nature or even waterfront. They purchase the home, typically bungalows, and rent it out while they wait to be ready to eventually renovate or build their dream home or future retirement home.
The idea for Durham investors would be that the bungalow on a nice sized lot you purchase today, will have a renter pay the majority of it over the years. Then, in the future, as appreciation builds equity in the home, use the funds towards the build!
Typical 3 bedroom homes in Durham rent for $2500-$3000 as a whole (this could increase greatly depending on size and finishes of the home).
If you purchase a home with a basement apartment, or build one yourself, upstairs could fetch $2000-$2400, while the basement could fetch $1500-$2000 (again all depends on size, finishes etc.).
Food for thought.
Pre-Construction condominiums and homes are also very much a great idea. (Hello appreciation!).
In Pickering, specifically speaking condos, approx. 75 towers are currently registered as potential projects. The city has MASSIVE plans to reinvigorate and intensify the main artery, Kingston Rd, which is currently a road of low rise commercial mix. This would really amp up Pickering as a BIG city and not just a city with small single family homes.
Pickering Town centre in particular will have a whole new look in the very near future, along with the new casino and entertainment complex currently open but still under construction – epic things are happening.
This is something smart investors will want to be a part of. You could make a great deal of appreciation buying a condo in Durham over the next few years.
Your future self will thank us 5-10 years from now!
Barrie & Orillia
Toronto’s sister to the north, and it’s little sister.
This market is on fire and does not show any signs of slowing down. Barrie in particular went from a place no one really considered – to a place where everyone wanted to be!
An increasing number of GTA residents live in and commute from Barrie to Toronto on a daily basis. Loads of new development, plus a plan that’s already underway to revitalise the downtown waterfront neighbourhood happening here.
We have previously worked with several investors that purchased North of the city. Some starting in Bradford, next Innisfil and now Barrie! Seasoned investors know to follow the transit lines to pots of gold. In this case, Hwy 400 N and the GO Train lead a path straight to solid investments. A lot of gains are yet to be had in this exploding city.
Another very exciting opportunity in Barrie & Orillia, and a reason they’re on the Where to Invest in 2022 list, is the option to add a 3rd unit to your property!
Otherwise known as Accessory Dwelling Units (ADU’s), Garden Suite, Backyard Home etc. If you’re open to a project – this could be the city for you. Where you could literally take 1 home and make it 3.
Many investors would agree that 3 units in a home essentially creates a cash cow of an investment if done right.
We’ve seen investors purchase single family bungalows on good sized lots for $600k and then turn around and list them for upwards of $1M 6 months later. Or keep the asset, refinance to pull out the equity and let the rentals pay for the property as per usual, while you move on to the next project!
Let’s not forget Orillia, the little sister. For the most part, everything you can do in Barrie, you can consider doing in Orillia. Although not AS popular for commuters as Barrie, serious real estate cash flow can be had in this city thanks to the reduced avg home price in comparison with Barrie.
Orillia is just North of Barrie by about 20-25 minutes, but the drop in avg price point is actually $150k. The average home cost only $691k in Orillia. (They too have an exciting waterfront revitalization plan!)
The fun part – the rents are pretty much the same in both cities!
Orillia is experiencing considerable spill over from Barrie’s growth and is a great emerging market to consider. Multi-Family investing makes quite a bit of sense here.
Two words: Cash + Flow
Yes and Yes! Which is why we included this gem in Where to Invest 2022.
A newer market up North for investors. North Bay is a city located 4 hours north of Toronto on beautiful Lake Nipissing and is considered the gateway to the North. (Yes Toronto people – life exists well above us!)
North Bay is quickly becoming a favourite amongst savvy investors due to average home prices being well below any averages those in GTA are aware of. A home in North Bay sold for $400k on average in Jan 2022..
And the bonus? Rents are the same as most cities within the proximity of the GTA.
Vacancy rates are also incredibly low, adding to a tenant pool of sales and service men, tradespeople, hospital and health workers from North Bay’s Hospital, along with educators and students from North Bay’s Nipissing University.
For context, you can purchase a 3 bedroom town home for approx. $250-$350k which will in turn rent for $1900-$2200 in North Bay. Hence why the cash flow is so great. The city has also increased in value, as did the rest of Ontario, over the last year (46% in Jan 2022, compared with 2021).
Alternatively, a semi or detached home in a great neighbourhood can be purchased for $450-$550k and with that price increase, comes a rent increase as well. Some homes rent closer to $2600 depending on the size of the home and it’s finishes.
Another reason it’s great..less competition! (Sudbury to the North is a much bigger city, but with that comes bigger competition to purchase homes.)
North Bay is an emerging investor gem, with it’s hospital, university, gorgeous lake, and also it’s own ski hill, Laurentian Ski. I’m sure by now you can see once again why we put North Bay on our list of Where to Invest in 2022.
Other options from single family rentals also include Student Rentals and Multi-Family investments and even BRRRs.
That’s all for now friends!
Stay tuned for Where to Invest in 2022 – Part 2 coming soon!
Want to get started in Real Estate Investing?
Looking to expand your portfolio?
Don’t sweat it, it’s our passion project, and we’re more than happy to help.
Send us an email and let’s get chatting today!
Where To Invest In 2022 – Real estate sales in Orangeville
Welcome to Estate Dwell, Canada’s premier real estate marketplace where your property dreams come to life. Whether you’re buying, selling, or renting, our platform offers a hassle-free experience for all types of real estate transactions in the beautiful country of Canada.
A Vast Array of Listings at Your Fingertips
Looking for an affordable condo in the heart of downtown? Or perhaps a cozy family home in a serene neighborhood? Whatever your preference, Estate Dwell has it all! With a wide range of listings from apartments, condos, and cottages to detached houses and commercial properties, you’re sure to find your perfect match.
Key Features and Search Categories
Estate Dwell simplifies your property search with intuitive search categories, making it easy to find precisely what you’re looking for. Dive into the world of real estate with these popular search keywords:
- Buyer’s Guide: Learn the ins and outs of buying a property in Canada, from finding the perfect duplex to understanding the pros and cons of foreclosed homes.
- Building vs. Buying: Weigh the options between buying a ready-made house and building your dream home from scratch.
- Affordable Gems: Explore our collection of cheap houses for sale and discover the best deals in the market.
- Curb Appeal Delights: Unleash your creativity with curb appeal ideas and landscaping tips that will make your property stand out.
- Commercial Endeavors: For entrepreneurs, we offer a selection of commercial properties for sale with the help of experienced commercial real estate agents.
- Condo Living: Embrace a vibrant urban lifestyle with condos for rent or explore condo buildings in Canada.
- Charming Duplexes: Find the perfect duplex to accommodate your multi-generational family or generate rental income.
Listing Your Property Made Simple and Free
At Estate Dwell, we believe in empowering property owners. Listing your property on our platform is quick, easy, and completely free! Enjoy the following benefits when you choose Estate Dwell:
- Instant Visibility: As soon as you submit your listing, it goes live, attracting potential buyers and renters immediately.
- For Everyone: Whether you’re a private seller, a real estate agency, or a broker, our platform welcomes everyone to list their properties.
- No Registration Hassle: Skip the long sign-up process! You can post your listing without the need for registration or account creation.
- Showcase Your Property: Accompany your listing with up to five high-quality photographs to captivate potential buyers and renters.
Explore the Diversity of Canadian Provinces
Each province in Canada boasts unique characteristics and charm. To help you find your ideal location, Estate Dwell categorizes listings by provinces. Check out the specialties of each province:
+. AB (Alberta) – Canada Real Estate *ESTATE DWELL Provinces AB (Alberta)
+. BC (British Columbia) – Canada Real Estate *ESTATE DWELL Provinces BC (British Columbia)
+. MB (Manitoba) – Canada Real Estate *ESTATE DWELL Provinces MB (Manitoba)
+. NB (New Brunswick) – Canada Real Estate *ESTATE DWELL Provinces NB (New Brunswick)
+. NL (Newfoundland and Labrador) – Canada Real Estate *ESTATE DWELL Provinces NL (Newfoundland and Labrador)
+. NS (Nova Scotia) – Canada Real Estate *ESTATE DWELL Provinces NS (Nova Scotia)
+. ON (Ontario) – Canada Real Estate *ESTATE DWELL Provinces ON (Ontario)
+. PE (Prince Edward Island) – Canada Real Estate *ESTATE DWELL Provinces PE (Prince Edward Island)
+. QC (Quebec) – Canada Real Estate *ESTATE DWELL Provinces QC (Quebec)
+. SK (Saskatchewan) – Canada Real Estate *ESTATE DWELL Provinces SK (Saskatchewan)
Conclusion: Your Gateway to Canadian Real Estate
In conclusion, Estate Dwell is your go-to destination for all your real estate needs in Canada. Our platform provides a seamless experience for buyers, sellers, and renters alike, with no cost involved. Embrace the convenience of posting your listing in just a few minutes and gaining instant visibility among potential buyers and renters. Explore the diverse provinces of Canada and find your perfect property with ease. Experience the joy of hassle-free real estate transactions with Estate Dwell today!
Start your journey towards finding your dream home or selling your property by visiting EstateDwell.com now. Happy house hunting!
Unleash the Potential of EstateDwell on Top Social Media Platforms!
1. Amplify Your Presence: EstateDwell Sparks on Social Media!
“Social Media Magic: Experience EstateDwell’s Presence on Top Platforms!”
2. Why Social Media Is the Key to Your Real Estate Success
Discover the power of social media marketing with EstateDwell.com! Unleash the potential of top social media platforms to reach a vast audience of property seekers. List your properties on EstateDwell.com and watch them shine on popular social media networks!
3. Meet the Fantastic Four: Your Randomly Chosen Social Media Champions
Facebook Group – EstateDwell Enthusiasts
Link: Join the Enthusiasm
Immerse yourself in the vibrant EstateDwell Enthusiasts Facebook group. Share your listings with passionate property enthusiasts and experience increased inquiries and engagement.
Twitter – @AleksNekretnine
Link: Follow Aleks
Follow @AleksNekretnine on Twitter and discover the power of retweets, shares, and a wider audience for your property listings.
Plurk – EstateDwell Plurkers Hub
Link: Join the Hub
Join the lively EstateDwell Plurkers Hub on Plurk and witness your property listings gain visibility through interactions with an active community.
Pinterest – EstateDwell Inspirations
Link: Explore Inspiration
Let your listings shine on Pinterest’s EstateDwell Inspirations board, where captivating visuals will attract potential buyers.
4. Elevate Your Listings: Embrace the Social Magic!
Facebook Group – EstateDwell Enthusiasts
Embrace enthusiasm! Engage with the EstateDwell Enthusiasts community and see your listings flourish with interest.
Twitter – @AleksNekretnine
Tweet for triumph! Leverage Twitter’s vast audience and amplify the reach of your property listings.
Plurk – EstateDwell Plurkers Hub
Plurk your way to success! Interact with active users and boost the visibility of your listings.
Pinterest – EstateDwell Inspirations
Capture inspiration! Showcase your properties through captivating pins and captivate potential buyers.
5. Unveil the Potential: List Your Properties on EstateDwell.com!
In conclusion, EstateDwell.com is the key to unlocking your real estate potential on social media. By listing your properties on EstateDwell.com, you gain access to top social media platforms, expanding your reach and attracting more buyers and renters. Don’t miss the opportunity to take your real estate ventures to new heights with EstateDwell.com and top social media marketing!