Fall has officially arrived and it’s definitely in the air!  Start bringing out those big jackets of yours as the weather cools down and birds head south! 

This month I want to talk about the importance of following major infrastructure developments and how it’ll affect your real estate value over the long-term. 

Being in GTA for over the past 20 years, I have seen the growth of this great city in terms of population and the developments of this city’s infrastructure over the years.  Infrastructure development in Toronto takes a long time to break ground so when major announcement is made, you have to pay attention. 

For example, not a lot of people would know about the HWY 427 expansion from Highway 7 north to Major Mackenzie Drive.  The land value in these areas have already gone up significantly and the real work hasn’t even started yet!  And for those who live near Vaughan area, the subway expansion to HWY 7 is already taking shape!

I said it before and I’ll say it again, in the mind of a new home owner when they decide on a new subdivision to buy, distance is measured in “Minutes”, not KMs.  Ontario is making the largest infrastructure investment in its history – about $160 billion over 12 years.  There are a lot of opportunities for long-term investors to buy and hold in Ontario, you just have to follow where the major development is going.  People want to live in area where there is access to major transportation like highway and subway.  I hope I can bring a little insight on what’s going on in the market place today.  

If you’d like to hear more, feel free to contact us at CE Properties today and we’d love to discuss with you in greater depth about any and all areas of real estate! Until next month … happy investing & happy autumn!