List of New Condos in Shelburne
Why Invest in Shelburne Real Estate?
The Town of Shelburne is a rapidly expanding municipality with a population of 9,200 people. It’s in Dufferin County, and Highways 10 and 89 cross it. Due to current patterns of GTA people relocating out of the pricey urban centre to either have a family or retire, it is expected to have a population of over 12 thousand by 2036, if not more. The community was named the fastest growing town in Ontario, and the second fastest in Canada, despite its modest size. Shelburne has spent much of its history as a strictly rural community, but the town’s proximity to major highways and the Greater Toronto Area, as well as the affordability of new condos in Shelburne, are major draw factors attracting young, urban families seeking a high quality of life outside of the GTA. New substantial residential projects, as well as commercial and employment opportunities, are planned for Shelburne. Shelburne’s property is filled with a network of open spaces and trails, historical sites that are visible in everyday life and convey the town’s history to its citizens, and a variety of facilities to meet the community’s requirements, whether it’s commercial, industrial, or residential. The town has two main commercial areas: the downtown, which concentrates on small-scale merchants such as restaurants, services, and elegant boutique shops, and the eastern commercial corridor, which offers bigger commercial services and big box retailers. The town’s transportation system is heavily reliant on cars and trucks. The town features two major arterial roads that go through the centre of town and handle a lot of traffic, as well as a network of minor municipal roads. The community’s car-centric orientation is exacerbated by a lack of connectivity between walkways and bicycle lanes on roadways, both of which have been priorities since a 2019 renovation plan.
New Condos in Shelburne and Reasons To Invest
Shelburne’s closeness to the GTA and two major highways make it an attractive contender for young professionals looking to establish a family outside of a big urban region. Shelburne’s new condos are still reasonably priced compared to what the GTA has to offer, making it a hotbed for growth and residential development as people come to make it their home. It has seen exciting and beneficial development as a result of the inflow of new inhabitants, which has attracted the attention of industrial, commercial, and residential investors. With a big community improvement plan, the municipality is also aggressively preparing for this expansion. The town’s continuous population expansion, the availability of a large amount of land for commercial and residential development, and the current projects all serve as advantages for investment. Its sole current drawback is that large merchants are in short supply in the town, while the area’s popularity will undoubtedly attract new businesses to fill the void. Walkability, affordability, sustainability, and preserving a distinguished level of design in its architecture and park landscaping are all priorities for the town in its growth. To accommodate the community’s rapid population expansion, it has been trying to enhance the appearance and feel of the town for both current inhabitants and those wishing to buy a new condo in Shelburne. For the last decade, they’ve had a parks master plan that has steadily added parks and open green space to beautify the town, as well as other measures to increase accessibility.
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Shelburne’s Top Industries
Shelburne’s economy is broad, with a wide range of small to medium-sized enterprises, as well as the physical and social infrastructure that holds a town together. Its economic activity is centred on its downtown, a green and pleasant neighbourhood with a diverse range of retail and service options. The majority of the town’s housing consists of 1-3 storey single detached houses and mid-rise apartment complexes, with the most of it located in the town’s northern section. The newer the projects are, the more out of town they are. Residents of Shelburne may travel a short distance south to Orangeville, which is home to Georgian College and Humber College. Young professionals with a median age of 36 and a household income of $79,219 make up the town’s population. It is mostly made up of small to medium-sized businesses, with 2/3rds of the business landscape consisting of firms with 1 to 9 workers. The most companies are in real estate, construction, and transportation, whereas the most common jobs are Trades & Transport, Sales & Service, Manufacturing, and Healthcare.
Average Prices for Condos in Shelburne
Condos are seeing the least amount of development, but they have a presence in the form of Stoneridge Condos which are the phase 2 development for the developer. Their prices are not yet listed, but the average cost of new condos in Shelburne can be guessed by the prices of its nearest neighbour Orangeville, where condos cost around $700,000 for a large 1400 square foot multi-room condo.
Getting Around in Shelburne
Shelburne is crisscrossed by two main roads, Routes 10 and 89. It’s now working on a few projected road expansions to spread traffic out further onto collector and municipal roads to cater for rising residential population, although it already has a robust network of such roads. Shelburne relies heavily on automobiles for transportation since it does not do a good job of enabling pedestrian and bicycle traffic – something it aims to drastically improve in the future years. It will establish pedestrian links along the highways and other key arterial routes that pass through the region, in particular. It takes around 47 minutes to travel from Shelburne to Brampton, and one hour to go to Mississauga, in the suburbs of Toronto, or Barrie.
