Ontario’s real estate market is evolving. The focus is shifting from big cities to dynamic secondary cities-often called Ontario growth towns . These emerging markets are now at the center of the province’s next real estate boom.
Why Ontario Growth Towns Are Gaining Momentum
Ontario’s major cities like Toronto and Ottawa have seen property prices soar, making homeownership out of reach for many. As a result, buyers and investors are turning to secondary cities for affordability, quality of life, and growth potential.
Secondary cities offer:
Lower entry prices for homes and land
Strong job growth and new infrastructure
Vibrant, close-knit communities
Increasing demand from both locals and newcomers
Key Ontario Growth Towns to Watch
Several Ontario growth towns are attracting attention from homebuyers, investors, and developers. Here are some of the top emerging real estate markets:
Brampton
Among the fastest-growing cities in Canada
High demand for new housing developments
Affordable land compared to Toronto
Strong infrastructure and excellent connectivity
Hamilton
Transformed from a steel town to a real estate hotspot
Lower land prices and rapid urban development
Popular with those moving west from Toronto
London
Projected 18% population growth and 22% price appreciation by 2030
Major investments in tech and medical AI sectors
New EV battery plant boosting local economy
Guelph
Low vacancy rates for both rentals and ownership
Fast, direct rail connections to Toronto coming soon
Growing as a tech and education hub
Windsor
Strategic location near the US border
Thriving economy and cross-border business opportunities
Attractive for residential and commercial investments
Other Notable Growth Towns
Stratford, Centre Wellington, Grand Bend, Woodstock, Southern Georgian Bay, Oshawa, Arnprior, Carleton Place-all showing strong price growth and population increases.
What’s Driving the Boom in Secondary Cities?
Several factors are fueling the rise of Ontario growth towns:
Affordability: Secondary cities offer more affordable housing options compared to Toronto and Ottawa.Remote Work: The shift to remote and hybrid work allows people to live farther from traditional job centers.Infrastructure: Investments in transit, highways, and digital connectivity make these towns more accessible.Economic Diversification: Many towns are attracting new industries, from tech to manufacturing, creating jobs and economic stability.Quality of Life: Smaller cities offer larger homes, green spaces, and a strong sense of community.
Market Trends and Investment Opportunities
Ontario’s secondary cities are seeing:
Tight rental markets with vacancy rates below 3% in many regions
Steady population growth driven by both migration and immigration
Price growth in the range of 3% to 20% in key markets
Increased interest from investors seeking higher yields and stability outside the GTA
Despite a recent dip in province-wide sales activity, these growth towns remain seller’s markets with high demand and limited inventory .
How to Invest in Ontario Growth Towns
Investing in Ontario growth towns requires research and a strategic approach. Here’s how to get started:
Identify towns with strong economic fundamentals and infrastructure projects
Look for areas with low vacancy rates and rising population
Consider both residential and commercial opportunities
Work with experienced local real estate professionals for market insights
For expert guidance, Bridge offers tailored investment and brokerage services to help you maximize returns in Ontario’s emerging markets .
The Future of Ontario’s Real Estate: A Balanced Market
The rise of Ontario growth towns is creating a more balanced and sustainable real estate landscape. By spreading economic growth and housing demand beyond major cities, these secondary markets are key to solving affordability challenges and supporting long-term prosperity.
Ready to Explore Ontario Growth Towns?
Bridge specializes in helping buyers and investors discover the best opportunities in Ontario’s secondary cities. Whether you’re looking for your next home or a high-potential investment, our team provides expert guidance every step of the way.
Contact Bridge today to start your journey in Ontario’s next real estate boom.
