5 Reasons why London (Ontario) is a great place to live
- For newcomers, the city offers affordable housing, low crime rates, excellent educational and health facilities, culture, and beautiful parks. It is also known as the “Forest City” due to the beauty of nature and greenspaces.
- Londoners from Ontario will tell you that London is the perfect place to live and work. It is the 11th largest city in Canada, which means that it offers many opportunities for new businesses. It is constantly growing.
- Over the past five years, London, Ontario’s population has grown at the fastest rate in Ontario and ranked fourth in the country, according to Statistics Canada. This notable increase is mainly due to the increase in international and interprovincial migration.
- London, Ontario is on the rise and is one of the fastest growing cities in Canada. It has become an especially popular destination for ex-Torontonians looking for more space for less money. London has a strong economy of its own, but it’s still close enough to Toronto that workers can move to the big city fairly regularly. In addition to the housing amenities described above, there is a market for affordable housing in London, Ontario. Although real estate prices have risen sharply over the past year, they are still significantly cheaper than neighbouring Toronto. The median price of a single-family home in London is about $637,000, less than half what you’d pay in Toronto, where single-family homes cost more than $1.4 million on average.
- London is centrally located in Southwestern Ontario within the Quebec-Windsor Corridor, just hours from many major destinations, both within Canada and the neighbouring United States. A scenic two-hour drive will take Londoners to Detroit to the west, Toronto to the east, and Niagara Falls to the southeast. These locations allow for some amazing day-trips for a change of scenery and many London locals indulge in the opportunity to visit one of these popular destinations on the weekend.
If you would like to know more about Real Estate options for YOUR FIRST HOME, be sure to connect with us:
Sam Arora
REALTOR®
Ontario | Greater Toronto
Office: 2960 Drew Road – Suite 143, Mississauga, ON L4T 0A5
Reception: (905) 603-1111
Mobile: (437) 998 0699
Sam.Arora@aroracapitalrealty.ca
