List of New Condos in Niagara Region
Why Invest in Niagara Region Real Estate?
Niagara is known worldwide due to its natural wonder. The Niagara Falls attracts 14 million tourists every year and boosts Ontario tourism as one of the main attractions. Although major economy comes from tourism, other sectors are being attracted to the region as well.
Population has been growing fast in recent years, nowadays there are 447,888 residents in the city but projections show an increase to more than 480,000 people by 2031. This will impact in employment and investments in households increasing real estate investments.
Regional Municipality of Niagara
Differently from other cities in Southern Ontario, Niagara’s economic driver is tourism due to The Falls, Casinos, Golf Club and other attractions to the city. Entire city is connected by Lundy’s Lanes in which Niagara Casino is located, besides many retail stores supporting local economy as well.
On the northside, St. Catherines brings a fascinating Victorian architecture and attracts tourists as well. It is also recognized as one of the urban growth centres and many investments are on the way to improve infrastructure and leverage more businesses.
Accessibility
Main access to Niagara is through Queen Elizabeth Way (QEW) which connects the city with many other major cities in Ontario, this thoroughfare also connects directly to Toronto becoming Gardiner Expressway.
The Region Transit offers public transportation throughout the city, connecting to its neighbourhoods and nearby cities. GO transit is also being expanded to the region, using the remaining VIA Rail tracks to travel to other cities in GTA.
