10 Best Places To Invest in Canada

Someone sent me an article today from a new real estate magazine directed at home buyers and investors. They have written a feature article entitled "10 Best Places To Invest In Canada" and, rounding out the top ten is none other than Collingwood.

I notice that Collingwood is the only town on the list (the rest are cities) and, it's the only one listed that is not home (yet) to a university.

According to the magazine, they formed their list based on how the market is performing, potential return on investment, current infrastructure and future development plans. Most of the article quotes a local Broker who is the president of our real estate board. To be fair, as a friend pointed out to me today, it is therefore a single source article aside from the statistics they've gathered.

Nonetheless, they name a number of very valid reasons why this area is so popular with real estate investors as well as home buyers:

· The market is being driven by purchasers looking to retire here. Many are purchasing now to use part-time with the intention of retiring here in future

· Many of our buyers belong to a private ski or golf club in the area however, just as many don't and chose the area for other lifestyle reasons

· Collingwood is Canada's only true four-season recreational lifestyle community encompassing skiing, golf, hiking and boating

· Culture abounds here with an active live theatre and art community

· Most of the major box stores have or are opening in town and, there is no shortage of good restaurant choices

· Collingwood's proximity to the GTA makes it popular with baby boomers and young professionals

• Many retirees elect to go south in the winter and if so, their condo or ohome offers good rental potential for the ski season

I can think of many more reasons to add after just having sold a number of properties in the last months; all to community newcomers who are very excited to become part of our community. Yes, it's a good place to invest and an even better place to live. Most days anyway