Exciting Time for Investing In Orillia Real Estate

Orillia Ontario is known as the Sunshine City. In terms of real estate investing, that might just be more appropriate now than ever.
Orillia is located approximately an hour and a half north of Toronto. According to the City’s website, estimated population for the City at the end of 2009 was 31,420. Orillia sits on two lakes: Simcoe and Couchiching (part of the Trent-Severn waterway) and is in the heart of Ontario’s lake country; Orillia is a gateway to Muskoka and sees its share of tourists annually.
Orillia is currently rated as the number three investment town in Ontario and number eight overall in Canada by the Real Estate Investment Home Buying Checklist After Accepted Offer Network (REIN) and number fifty-nine out of one hundred and seventy-nine on MoneySense magazine’s list of ‘Best Places To Live In Canada.’
With the opening of Lakehead University’s new campus and Georgian College already established, the opportunity for an investor looking Property Agreement Template at student housing is great. Also, with Lakehead University coming to town, over time, the local economy will thrive at all levels.
Jobs are the key ingredient when looking for a place to invest in. Orillia boasts some very strong employers such as the Central Headquarters of the Ontario Provincial Police, Orillia Soldier’s Memorial Hospital, and, while not directly in Orillia, Casino Rama.
Throughout the year, there are numerous events for the public drawing tourist’s dollars. Just to give you an idea of the diversity of the events, here are some from throughout the different seasons of the year: during the winter, there is the Orillia Winter Carnival; in the spring, the Orillia Perch Festival; in the summer, the Mariposa Folk Festival; and, in the fall, the Orillia Jazz and Blues Festival.
It is truly an exciting time to live in and invest in Orillia!

READ  Commercial Real Estate