Table of Contents
Located in south-central Ontario, Orangeville is a welcoming town with plenty of history. The town was first settled in 1844 by a man named Orange Lawrence, who fought in the Upper Canada Rebellion. Many industrial employers have made their home in Orangeville, which provides the area with plenty of job opportunities.
The current population of Orangeville is around 28,900 but is expected to grow exponentially over the next decade or so. Current projects say the town will have a population of 36,490 by 2036, so now is the perfect time to invest.
If you are interested in learning more about how to finance and invest in Orangeville real estate, click the link below to book a free strategy call with our team at LendCity today.
Orangeville real estate, a quiet market near Toronto
Many people choose to live in Orangeville as it offers a more quiet, relaxed setting as opposed to larger cities in Canada. Orangeville is also a short drive away from the bustling city of Toronto, so people wanting to experience the benefits of Toronto without paying city prices may choose to live in Orangeville instead. Homes in Orangeville are much cheaper than in Toronto, where the average housing cost is around $1,022,138.
As noted earlier, Orangeville is home to several major industrial employers. However, there are types of employers offering jobs in Orangeville, including retail, construction, health care and education.
Some of the largest employers in the area include Millennium 1 Solutions, Clorox Company of Canada, E. Hofmann Plastics Ltd. and other major names. Since these industries bring in people looking for work, there is a huge need for homes and apartments.
Living in Orangeville offers people the benefit of not having to deal with city traffic or city noise. Even though Orangeville is a bit quieter than Toronto, there are still many amenities offered to citizens including public transportation and several medical facilities. You can see why many people decide living in Orangeville is an excellent option.
The perfect place for families
The average housing price in Orangeville is around $567,000, and the average rent is around $1,400 per month.
Families from all over Canada decide to make Orangeville their home thanks to its cheap real estate and excellent job opportunities. There are also many attractions and amenities located all over Orangeville that are perfect for those with children, including the Jungle Oasis Playground.
There are plenty of organizations offered in Orangeville that help provide citizens of all ages with a sense of community. Sports teams, art associations and religious organizations are all prevalent in Orangeville, so you’ll probably want to tailor your marketing to families when deciding to invest in Orangeville.
Discover How To Buy Unlimited Rental Properties With This Step By Step Guide
Orangeville real estate has a bustling downtown
Even if you’re not looking to start a family, there is still plenty to do in Orangeville. While the town may not have the multitude of nightlife options and shops offered in Toronto, there is still a lot to see in town, especially in the downtown area. Plenty of shops can be found in downtown Orangeville that offer a variety of fun and eclectic goods. Most of the shops in downtown are locally owned, so many people visit to purchase gifts while supporting their local community.
A variety of excellent dining options can also be found in Downtown Orangeville. There are also plenty of cafes, where young professionals like to stop in and relax during their lunch breaks. The area’s many pubs and bars offer perfect spots to let one’s hair down after work. Some people from neighbouring cities even come in to enjoy Orangeville’s nightlife.
Downtown Orangeville is continuously growing, so those thinking about investing in Orangeville may want to consider a property in or near the downtown area.
Bringing in nature lovers from all over
Nature lovers from all over Ontario visit Orangeville for its serene setting and excellent views of the Canadian landscape. The Island Lake Conservation Area is a great place for seeing local wildlife and enjoying activities like fishing, paddle boarding and boating. On warm days, many families visit the Island Lake shores to enjoy a relaxing walk or day of sunbathing.
Monora Park is another beautiful outdoor attraction in Orangeville and features over 40-acres of scenic landscape. This spot is yet another great place in Orangeville for families as it includes picnic shelters, ski trails, an open playing field and much more.
Miles of trails can be found all over Orangeville, perfect for weekend hikes and mountain biking. You’ll also find plenty of opportunities for camping all over Orangeville thanks to its many scenic campgrounds.
You might consider investing in an Orangeville vacation rental property, as nature lovers may decide to visit the town for their relaxing getaway.
Popular local festivals and other events
With so many fun events constantly happening, Orangeville has tons of visitors throughout the year. One such event is the annual Orangeville Blues and Jazz Festival, which usually takes place in the Summer and features amazing musicians from all over! While it had been postponed due to the COVID-19 pandemic, the Orangeville Blues and Jazz Festival usually features acts across multiple venues and is gladly running once again.
The Blues and Jazz Festival is often named as one of the Top 100 festivals held in Ontario, so people from all over the providence visit Orangeville for the event. This is another situation in which investing in an Orangeville vacation property could be quite lucrative.
Another exciting festival that brings in many visitors is the Orangeville Rotary Ribfest, which features delicious food, live entertainment and much more. Other popular events held in Orangeville include Indigenous Peoples Day, the Harvest Celebration, Moonlight Magic and Taste of Orangeville.
Investing in Orangeville Real Estate
Investing in Orangeville real estate is a great idea for anyone looking to get in on the ground floor of an up-and-coming area. There is plenty of real estate and rental properties available that are offered at lower costs than many other places in Ontario. These low prices may not stick around though, so you may want to consider investing soon! Orangeville’s great amenities, beautiful outdoor spots, local flair and fun festivals are sure to always bring in many visitors every year.
Orangeville Real Estate Professionals
We have searched high and low for real estate investing professionals in Orangeville. 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 Orangeville 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 Orangeville real estate professional and would like us to consider adding you to the list, please contact us.
If you are interested in investing in Orangeville real estate, click the link below to book a free strategy call with our team here at LendCity.