Guelph, one of the first planned communities in Canada, was established almost 200 years ago by the British development company, the Canada Company. Guelph lies at the bottom of Ontario's ranking of the ten largest population centres. Nonetheless, inhabitants who want a city life experience don't have to go far from home to acquire one because of its closeness to Kitchener and Toronto, which rank first and fourth, respectively, on the list.
The millennial generation is rapidly changing the housing market as they get older—the oldest among them turned 40 last year. An index of the top 85 cities for millennial hotspots often has Guelph in the top spot. The causes? Rates of unemployment, millennials' above-average incomes, general life happiness, and the chance to pursue further education. The skyrocketing cost of houses for sale in Guelph, however, appears to be a barrier for people hoping to settle down in this charming city.
We'll explore the common causes of Guelph's real estate market's attraction to buyers in this blog.
Reason #1: Guelph Has A Resilient Economy that Keeps Growing
Leading the way is Guelph's robust economy, which is driven by advanced manufacturing enterprises such as Wurth Canada, Linamar, and Magna-Polycon. Apart from the industrial industry, Guelph's economic development is also influenced by cleantech, innovation, and IT and communications technology.
Wikipedia shows the largest private enterprises in Guelph as:
- Linamar Corporation
- Guelph Manufacturing Group Inc.
- Polycon Industries
- The Co-operators (voted as one of Canada’s Best Employers for 14 years)
- Cargill Meat Solutions
- Blount Canada Ltd.
The largest public sector employers include:
- University of Guelph
- City of Guelph
- Upper Grand District School Board
- Guelph General Hospital
- Wellington Catholic District School Board
- Homewood Health Centre
Reason #2: Guelph Supports Local Businesses and Makes it Easy to Do Business
The people of Guelph value the community highly. They retain their money in their neighbourhood by supporting the bakeries, coffee shops, and marketplaces in their neighbourhood. As Guelph expands, new companies open up shop, generating jobs that uplift the community and encourage people to patronize small businesses.
Residents go downtown to the Sleeman Centre during hockey season to cheer on the Guelph Storm, an OHL team that plays in the area. Numerous family-friendly entertainment events, including plays, concerts, musicals, and more, are presented at the River Run Centre. Walk to the neighbourhood eateries afterwards, which gratefully appreciate your patronage.
Reason #3: A Great Place to Raise a Family and Find Your Dream Home
Approximately 3000 people decide to move to Guelph each year, and it's easy to understand why. In addition to being a great area to raise a family, Guelph Real Estate has a wide variety of housing alternatives to meet any demand. From the most sought-after detached houses, which offer maximum seclusion, they are ideal for people seeking a balance between independence and community living.
Detached homes in Guelph are a great option for people who value seclusion. These detached houses provide families with extra space because of the large front area and backyards. On the other hand, townhouses in Guelph are rows of homes sharing walls with neighbours and provide a more community-centric living experience. End units in townhouse complexes share only one wall, making them akin to semi-detached houses. They are often more affordable than detached homes, making them a popular choice for many newcomers to the city.
Guelph's dedication to education is demonstrated by its excellent preschools, primary and high schools (public and private), skills training centres, and the esteemed University of Guelph. In addition, the city offers an abundance of kid-friendly sports and athletic activities, including baseball, volleyball, and hockey in addition to soccer and hockey.
These programs are offered by community centres and schools. Guelph Lake and Speed River provide plenty of chances for outdoor enthusiasts to make lifelong memories.
Reason #4: Lots Of Attractions And Great Lifestyle Options
Do you enjoy the culture and the arts? You will then be able to enjoy the incredible array of live entertainment places, music venues, and art galleries. There are surprisingly many things to do in Guelph while you live there, including the Art Gallery of Guelph, McCrea House, River Run Centre, independent art studios, and more.
If you like being outside, Guelph offers several parks covering over 1,000 hectares of land, as well as over 70 kilometres of walking, biking, and rollerblading routes. Not only is it great to explore the city's urban areas, which are kept in immaculate condition, but you can also go canoeing or kayaking down the Eramosa River or the Speed River, enjoy outdoor sports, and explore a variety of outdoor patios. The only thing stopping you from experiencing Guelph's outdoor offerings is your imagination.
Reason #5: An Excellent Location
The proximity of Guelph to Kitchener-Waterloo, Toronto and the GTA, Niagara Falls, Stratford, the United States, and numerous other cities and villages makes it the perfect location and key reason for increasing real estate prices. The city offers excellent public transit, so you can use it to go around and beyond the city limits. Alternatively, you can get in your car and discover the finest that southwest Ontario has to offer in less than an hour of driving time. Guelph is in the middle of everything if you're searching for a central place to call home, so it should be on your shortlist.
Guelph's got that special something – a blend of history, community vibes, and a booming economy. Sure, the house prices might make you raise an eyebrow, but when you factor in the steady jobs, local business love, and a diverse range of homes, suddenly, it clicks. It's not just about buying a house; it's about tapping into a city where the past meets the present, and every street feels like a chapter in a good book. Guelph's more than a place; it's a lifestyle worth grabbing onto.
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So, as you navigate the house-hunting maze, keep in mind – those price tags aren't just numbers; they're keys to a community that's waiting to welcome you. Cheers to Guelph – where the charm is real, the people are friendly, and the journey is worth every penny!