Shannon P. Murree, Real Estate Representative

Investing In Barrie Real Estate


Why Invest in the City of Barrie?

According to the Government of Canada website:

Barrie is an easy commute to the Greater Toronto Area. Barrie is the second fastest-growing urban area in Canada, with an annual growth rate of 4.9%. Under the banner “Barrie means business”, the city is fast-tracking development of the infrastructure and services that companies look for when scouting a new location, all the while preserving its appeal as a small historic town on the shores of Lake Simcoe, a popular cottage destination.

KeyAdvantages of Why Investing In Barrie is a GOOD Idea!

  • Ranks higher than most Ontario cities including in terms of cost competitiveness
  • Growing industries include traditional manufacturing of packaging, metal processing and plastics, industrial automation, electronics and electrical equipment sectors and an emerging industry in geo-synthetic biosciences
  • Advantage of being located a days trucking distance to more than 60% of Canadian market, less than 1 hour drive from Pearson International Airport
  • Over 6.2 million people live within a 160 km radius
  • 40 minutes away from the Industrial Research and Development Institute Facility, one of the largest and most flexible private industrial engineering R&D facilities in the world
  • “One of the most balanced municipal tax systems” (Canadian Federation of Independent Businesses)
  • Fibre optic telecommunications infrastructure
  • Over 1,000 acres of industrial land
  • Barrie Molson Centre
  • Go Train - TWO Commuter Hubs - South GO and Allandale/Waterfront
  • RVH (Royal Victoria Hospital) and Cancer Centre
  • Ranked by Don R. Campbell, Senior Research Analyst and his team at Real Estate Investment Network (REIN) as one of the top 10 places in Ontario to invest in.

 

The City of Barrie is making it's mandate and all about becoming ‘future ready’ — helping the City thrive as the heart of Simcoe County and as its only designated urban growth centre. It’s about moving forward and upward, and realizing Barrie’s inherent potential — both today and tomorrow.

Building Barrie is also the umbrella name for a collection of planning and implementation initiatives designed to position the City for future success and to capitalize on coming growth. More specifically, it includes the following inter-related plans, strategies and technical studies:

  • The Growth Management Strategy
  • Planning for the Annexed Lands
  • Intensification Policies & Urban Design

Investing - Why Orillia?


Real Estate or Stocks?

The benefit of having real-estate assets in your portfolio is evident from historical returns of such assets compared to other capital-gain instruments such as stocks, bonds or foreign equities. 

Stocks

When you buy shares of stock, you are buying a piece of a company. Whether that company makes something, sells something, creates applications or software or provides a service, by owning a share, you are entitled to a cut of the profit, if any, for every share you own.

An investment in stocks, bonds or mutual funds will buy the equivalent amount of equities. In other words, $50,000 buys $50,000 of equities;

Real Estate

When you invest or buy real estate, you are buying physical land or property. Real estate will bring a higher and consistent yield, long-term investment than other options like mutual funds, stocks, RRSPs, etc. Other advantages:

  • A leveraged real-estate investment buys real estate worth many times the down payment;
  • A property worth $100,000 can be purchased with $25,000 down - or less if it is CMHC insured;
  • You benefit from growth in the property’s total value, not just the original investment, which multiplies your returns;
  • The principal of the mortgage is paid down by your tenant who essentially buys the investment for you.

 

Income Streams from Real Estate

Once the principal on your investment is paid off, and even well before it is paid off in its entirety, the monthly rental payments from your tenant become monthly income for you.

•Rent generally doubles in Canada every 15 years.
•Owning 5, 6 properties or more can generate a substantial monthly income that will continue to increase with every passing year.
•The property is managed for you - there are no property management hassles…a major reason why many people shy away from real-estate investments.

 

Barrie Real Estate Market Reports - coming soon