Table of Contents
When looking to invest in Ontario, you might be shying away from properties in Toronto due to their high housing costs and expensive monthly rental prices. If you are looking for somewhere cheaper and quieter, then Midland might be just the place. While Midland is small and quiet, there is still plenty to do, which keeps people moving into the community. There are also plenty of job opportunities with major industries in the area, including manufacturing and health care that also create investment opportunities in Midland real estate.
However, before we dive into the Midland real estate market, you need a strategy for your investments, that is why you need to click the link below to book a free strategy call with our team at LendCity to plan financing for your Midland real estate investments.
The Midland real estate market is growing
The current population of Midland is around 16,864, according to the 2016 census. Average housing costs in the area hover around $501,000, depending on how many rooms the property has. The average rent cost in Midland is currently about $1,550 per month for a one-bedroom apartment.
Home sales in Midland have shown growth in the last few years. Single-family homes are one of the most popular types of property purchased. There are many different neighbourhoods in Midland, so everyone is sure to find an area they will enjoy. Midland, Little Lake, Tiffin and Midland Point are all scenic places in the municipal area.
Home to a thriving downtown, Midland features many rental properties and real estate that could be perfect for housing a new shop, restaurant or any other type of business. Investing in the downtown area is a good idea, thanks to all its foot traffic. If you are looking to invest in a quieter spot, then Little Lake may be the perfect option. Little Lake is a bit more secluded and features plenty of cottages and comfortable homes. These are ideal for families looking for affordable homes.
Tiffin and Midland Point both have plenty of benefits as well, especially to families. Plenty of parks and other amenities can be found in both Tiffin and Midland Point.
Midland is a quiet place with plenty to do
Midland might be a long drive from many of Ontario’s larger cities, but plenty of people prefer its scenic landscape and quaint setting. Even though Midland is the perfect spot for those looking for some peace and quiet, it also features many local attractions that people of all ages are sure to enjoy.
Midland also has plenty of attractions for art lovers, including several galleries and outdoor exhibits. Several murals painted by world-famous artist Fred Lenz can be found in the center of Midland. There is even a local art school, called Quest Art, which hosts plenty of informative classes and exhibits.
Many families choose to live in Midland, not only because of its cheaper real estate prices and job opportunities but also because there are plenty of ways that kids can have fun. Rounds Ranch, for example, features a racetrack, zip lines, pony rides, a petting zoo and much more. Other popular attractions for families in Midland include the Huronia Museum and Galaxy Cinemas.
Discover How To Buy Unlimited Rental Properties With This Step By Step Guide
Beautiful beaches and other outdoor attractions
Thanks to its location along the Georgian Bay, Midland is the perfect place for those looking to invest in waterfront property. It’s hard to beat the views offered at Midland beachfront homes. Many people choose to live along the water since home prices are affordable. Waterfront properties also frequently offer boat access and excellent fishing opportunities.
Even if you don’t purchase a waterfront property, there are plenty of ways to access the beautiful beaches in Midland. Gawley Park is a popular local spot that features access to the Georgian Bay as well as a flower garden and play area. Many families visit Gawley Park to host picnics or celebrate special events. Little Lake Park and Pete Petterson Park are also beautiful spots in the area that offer beach access. Scenic hiking trails can also be found in Little Lake Park.
There are plenty of additional ways to have outdoor fun in Midland. The Mountainview Ski and MTB Centre brings in adventure-lovers from all over to enjoy some of the best skiing and snowboarding opportunities. Cyclists also often visit the Mountainview Ski and MTB Centre because it hosts races and group rides.
As you can see, there are plenty of reasons a nature lover would want to visit Midland. Midland is known for its natural beauty. You may consider investing in a local cottage or waterfront property that can be rented out for vacations.
Excellent education options
A big reason families choose to live in Midland is the great educational opportunities for children of all ages. Both the Public Simcoe County District School and the Simcoe Muskoka Catholic District School Board serve Midland and feature multiple excellent schools. Most of the schools can be found in the central Midland area, so this might be the best place for investing in a family home.
Midland has plenty of great restaurants and shopping opportunities
Even though Midland is smaller than some of Ontario’s cities, there is no shortage of excellent dining and shopping options. Everything from fine dining to quick-and-easy fast food options can be found in Midland. The downtown area of Midland is home to several delicious restaurants, so this might be the perfect spot for buying up some commercial real estate. King Street is specifically a popular spot for shopping and dining in Midland. There are plenty of well-regarded restaurants, and there are also local pubs and alehouses that act as part of Midland’s nightlife.
Investing in Midland Real Estate
Investing in Midland real estate is a great option for those wanting to find affordable homes, purchase some vacation property or invest in up-and-coming commercial real estate. Midland is a popular spot for getting away from the hustle and bustle of city life, so it brings in many tourists throughout the year. Since it’s quiet and boasts an excellent school system, young families are attracted to the area. There are also plenty of options when it comes to commercial real estate, as the locals are always looking to support new restaurants and businesses.
If small-town property management and investment are for you, Midland real estate could be a great addition to your investment portfolio.
Midland Real Estate Professionals
We have searched high and low for real estate investing professionals in Midland. Below, you can find professionals we have researched and can confirm they specialize in working with Real Estate Investors.
To ensure the maximum success investing in Midland real estate, or any city, you should always use professionals who understand and work with investors, your income depends on it.
This list may not fully list all the professionals in the area, but the ones we have personally investigated and that we would refer our clients to.
If you’re a Midland real estate professional and would like us to consider adding you to the list, please contact us.
LendCity Mortgages – Website – Click to Email – Click to Call
If you would like to learn more about how to properly finance and invest in Midland real estate, click the link below to book a free strategy call today.