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  • Writer's pictureJen Bedard

7 Real Estate Hotspots in the Niagara Region

Updated: Apr 30, 2023

The Niagara Region is quickly becoming a prime destination for homebuyers, due to its beauty, welcoming communities, and terrific value. Before beginning your search, I highly recommend working with a buying agent when searching for a new home. A buying agent will be familiar with all of the different neighbourhoods and communities in the area and can help you find the perfect home for your needs. They will also be able to provide you with information on amenities and demographics within each community, so you can be sure you're moving to a neighbourhood that suits your lifestyle. As a professional and experienced realtor in the Niagara Region, I have helped many clients find their perfect home, and have made a list of seven standout locations that have become hotspots in the local market: each boasting gorgeous scenery, friendly locals, drastically increasing home values, and affordable prices compared to nearby cities like Toronto! So, whether you're an investor or just looking for your dream home - these seven places should definitely be considered. I firmly believe that there is a perfect city or town here for everyone.


Aerial View of Niagara-on-the-Lake Ontario

Niagara-on-the-Lake

Nestled at the entrance of the Niagara River, Niagara-on-the Lake is a stunning destination for homebuyers looking to experience a thriving theatre scene, historic charm, and bewitchingly beautiful waterfront views. This small town is also home to many of the Niagara Region's best wineries and restaurants and is an ideal location for retirees, as it offers a relaxed and peaceful lifestyle with plenty of amenities close at hand. Here you'll find everything from charming colonial residences steeped in history to more modern developments that offer comfort and convenience - all amidst tree lined streets. An enriching real estate market awaits with homes ranging in price, whether searching for an opulent lakefront escape or something small and cozy, this town has a home for you! The average sales price for all residential homes in NOTL jumped from $441,847 in 2013, to $749,629 in 2018, and now to $1,117,050 to date in 2023.


Aerial View of North End St. Catharines - Walker's Creek Park

St. Catharines

St. Catharines is the largest city in the Niagara Region, with a population close to 140,000, it is the ideal location for those seeking a vibrant city combined with small-town charm. It is known for its strong economy, multiculturalism, and abundance of green space. There are over 30 different neighbourhoods in St. Catharines, each with their own unique character. This diverse and welcoming community is home to Brock University and Niagara College, which makes it an ideal location for young professionals and families. The city has a thriving arts and culture scene, as well as numerous parks and recreational facilities. With housing prices much lower than nearby Toronto, St. Catharines attracts first-time homebuyers and investors looking for cost effective real estate options! The average sales price for all residential homes in St. Catharines climbed to $224,968 in 2013, to $387,174 in 2018, to $608,646 as of today.


Aerial View of Thorold

Thorold

Thorold is a small city located just south of St. Catharines, located at the base of the Niagara Escarpment, and features two waterways (the Welland Canal and Beaverdams Creek). It’s perfect for those looking for a small-town feel with big city amenities at their doorstep. For outdoor enthusiasts there are plenty of trails and parks to explore, as well as nearby Lake Gibson which is popular for fishing. The downtown core boasts unique shops, restaurants, and cafes. Thorold’s neighbourhoods include Downtown Thorold, which features many historical buildings, Beaverdams, which offers beautiful views of Beaverdams Creek, and Port Robinson, which overlooks the Welland Canal. The average sales price for all residential homes in Thorold went from $222,873 in 2013, to $378,716 in 2018, and now to $591,972 in 2023.


Aerial View of Niagara Falls Suburbs

Niagara Falls

Niagara Falls is hailed for its undeniable grandeur and breathtaking beauty, attracting tourists from all over the world, but beneath this awe-inspiring landscape lies a prosperous real estate market! It's easy to see why – conveniently located at the border of Canada and USA, Niagara Falls offers homeowners access to major cities like Toronto and Buffalo. Niagara Falls is a wonderful place to live for families, retirees, and young professionals, and offers a range of housing options from comfortable bungalows in the established Stamford neighbourhood, to the huge luxury homes of Calaguiro Estates- there’s something for you no matter your budget! The average sales price for all residential homes in Niagara Falls jumped from $224,948 in 2013, to $390,710 in 2018, and now to $629,319 so far in 2023.


Aerial View of Grimbsy Lakefront

Grimsby

From the spectacular sights of Lake Ontario to its abundance of parks, beaches and conservation areas, Grimsby is a stunningly beautiful location that exudes charm. Not surprisingly it has become an increasingly sought-after destination for potential homeowners - with diverse real estate opportunities offering something for everyone: from the fun charming cottages of Grimsby on the beach to modern developments and condominiums near the lakeside - this town has so much more than meets the eye! The average sales price for all residential homes in Grimsby climbed from $351,122 in 2013, to $554,263 in 2018, and has since jumped to $888,858 to date in 2023.


Aerial View of Port Colborne Shoreline and Marina

Port Colborne

Port Colborne is a scenic small town on the shores of Lake Erie with multiple beaches, picturesque parks and trails that run along the canal. It is known for its charming downtown area, which is home to many local businesses and restaurants. From its stunning natural beauty, and wide range of amenities and activities, this town has something to offer everyone looking to buy property in the area and is an ideal location for families and retirees who are looking for a quiet and peaceful lifestyle. Port Colborne offers an abundance of opportunities for potential investors with plenty of real estate options for any budget. The average sales price for all residential homes in Port Colborne/Wainfleet jumped from $198,054 in 2013, to $370,770 in 2018, and now to $638,644 so far in 2023.


Aerial View of Welland neighbourhood

Welland

Welland is a hidden gem located in the heart of the Niagara Region, with a unique blend of history, culture, and recreation. Families and young professionals find Welland to be an ideal location due to its options of schools, affordable housing, and dynamic community. Retirees are typically drawn to Welland's peaceful and relaxed lifestyle. The city has a rich history that is reflected in its many historic sites and landmarks, such as the Welland Canal and the Old Welland Canal Trail. Welland is a city that can appeal to anyone who is looking for a great place to live, work, and play, and it doesn’t hurt that it offers several housing options and price ranges. The average sales price for all residential homes in Welland went from $185,578 in 2013, to $335,097 in 2018, and now to $585,055 in 2023.


The diversity of the Niagara Region makes it a wonderful place to call home. With plenty of different neighbourhoods and properties to choose from, you are sure to find one that meets your needs. Whether you are looking for convenience, nature, or history, there is something special waiting for you in the Niagara Region. The Niagara region has a low crime rate and is a very safe place to live, it is affordable with a cost of living that is below the national average, residents have access to quality healthcare facilities, and there is a wide variety of educational opportunities including colleges, universities, public, and private schools, as well as French and Islamic schools. Investing in a home in the Niagara Region is an exciting venture that you won’t regret as values continue to increase, but if you are feeling overwhelmed by all the options, don't worry—I'm here to help! As an experienced realtor in the region, I'm here to assist in you in your home search and make sure you find the perfect fit! Contact me today to begin your home search in the Niagara Region.

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