Real estate is never a bad investment. It does not lead to a loss. However, your choice of property makes a big difference to the extent of the returns you get. To earn high returns, you need to invest in a property that has a consistent growth rate. In this regard, should you invest in houses in Stouffville, an urban town located in Whitchurch-Stouffville in Ontario, Canada? Here is an overview of the real estate market in Stouffville.
To lease
Stouffville’s strategic location is a big plus. Conveniently located just 50 kilometers from Toronto and 55 kilometers from Toronto Pearson International Airport, Stouffville is a mid-sized city with good living facilities. The city has a very interesting motto: “Country close to the city”. If you visit Stouffville, you will see this motto implemented everywhere. Although the place has good living facilities, the atmosphere is not entirely metropolitan. Old world charm and small town tranquility still characterize much of the city.
The population of the city is around 41,200 with an average of 2.76 people per household. Therefore, you will not find huge crowds and traffic jams here. Living here can be a great experience because you get the perfect combination of comfort and the luxury of serenity.
Development and Housing Scenario
Stouffville is ranked among the fastest developing municipalities in Canada. In the period between 2006 and 2011, the local registered a growth rate of 54.3 percent. In the last ten years, the number of private homes has increased by 78 percent.
In the next few years, a lot of development has been planned in the city. At the same time, the people here take conserving their environment very seriously. In order to strike a balance between development and ecological conservation, several programs were passed, such as the Places to Farm Act of 2005, the Green Belt Protection Act of 2005, and the Oak Ridge Moraine Conservation Act of 2001. .
The mantra here is “sustainable development”. Despite all the massive developments planned for the future, Stouffville does not intend to become a bustling metropolis. The motto of the urban planning and growth sectors is in tune with the motto of the city. It says “village tradition between the countryside and the city.”
Mod cons
The real estate market is booming in Stouffville. In addition to residential construction, the city has recently been equipped with state-of-the-art sewage systems to provide better living conditions. Educational facilities are very satisfactory and new schools are being built to cater for the growing population of school-age children. A new high school with a capacity for 1,500 students is about to open. Stouffville is home to a multi-site hospital with more than two hundred physicians and more than fifteen hundred support staff members. Transportation is also very well developed in Stouffville. The road and rail network connects the city with all other major cities in Canada.
The charming town of Stouffville leaves no room for complaint, whether it’s in terms of entertainment and recreation, shopping, safety or anything else. Living in a place like Stouffville is not a bad idea. So go ahead and invest with confidence in homes in Stouffville.