Barrier City has been transforming into a major residential real estate hub for several buyers on account of factors like its peaceful environment, ready availability of necessary social and other amenities and so on. The city already has a flourishing economy which has helped it draw major investments in real estate and other infrastructure. Additionally, due to growing demand for professionals in the industrial and other sectors, there is sizable employment generation here which is naturally creating higher housing demand.
Buyers in Barrie City mostly seek condominiums and detached homes alike and there are huge future prospects for investors here with more and more people choosing to buy property here and prices forecasted to grow steadily in the future. There is more affordable housing stock available in Barrie City as well, something that most investors appreciate.
Here, several quality properties can be bought within the $500, 000 threshold as compared to several residential communities in other parts of the Greater Golden Horseshoe area. From two bedroom and den condos to other options, there is a whole lot of space available in Barrier at comparatively reasonable price points. There is available inventory of townhouses, condos and other commercial properties which are listed for sale in Barrie and several other surrounding zones. This area is part of Simcoe County and offers ample housing options. There are more than 100 housing units which are still being built as per reports. Most of the condo units being developed in Barrie City come with a whole host of amenities and other facilities as well. This should certainly be a promising realty market for the future in Ontario.