Rishi Kapoor RISHI KAPOOR (Real Estate Agent) +1-416-473-5064

What are the top reasons to invest in Brampton, Ontario, Canada?

The following are the top reasons why you should buy a home in Brampton.

Population

With Brampton’s population currently at 500,000 and set to rise by almost 50% by 2030, it is the perfect place to invest in a home. Brampton has homes of all sizes: 52.1% single-detached houses, 21.8% apartments, 13.7% semi-detached housing, and 12.3% row houses. Regardless of your budget, there is something for everyone.

There is also a wide range of neighbourhoods, each presenting unique qualities and characteristics. Brampton has the 4th largest population of visible minorities, with 52% of its population being immigrants under 24. An incredible 234 different cultures come together in Brampton, and 115 different languages are spoken there, providing the opportunity to immerse yourself in culture and experience a true sense of community.

Safety

Brampton offers the perfect combination of urban and rural living and is labeled the 170th most dangerous out of 229 cities, giving it a low safety risk. The World Health Organization named Brampton an internationally safe community.

Price

Brampton is one of the most affordable cities in Canada in which to buy property. The Canadian real estate market is booming during the pandemic, and the local rental market is promising. The city has immense developmental potential, and it provides a great opportunity to invest in property in the Greater Toronto area.

Purchasing a home here soon ensures you can buy before prices rise even further alongside the city’s growing popularity. Since the average household income is C$98,855 and the average monthly rent is around C$2,500, most of Brampton’s inhabitants are proud homeowners.

If you plan to buy, sell, lease, or invest in real estate, we offer Brampton homes of all property types for sale, including detached, semi-detached, townhomes, and condominiums.

Family Friendly

The average household contains 3.5 people and 1.4 children, so Brampton is known as a very family-oriented city. Almost 20,000 couples in the area have more than two children.

Brampton contains several amenities, including shopping centers, restaurants, cafes, art galleries, museums, schools, and libraries. This makes for the perfect family day out for locals and visitors.

History, Culture, and Architecture

The popular city is home to some stunning pieces of architecture. It is a bustling area with stunning pieces of history interwoven between the modern-day skyscrapers. The Peel Art Gallery is found in 19th-century buildings near the Rose Theatre, where spectacular performances have been showcased since 2006. The city prides itself on providing inclusive musical and theatrical performances that all can enjoy.

Brampton’s cultural scene is ever-expanding due to the city’s immigrant population. The multi-cultural festival, Carabram, has been held there every year since 1982; it attracts thousands of people to the city from all over the world.

This Southern Canadian city is home to the Brampton Battalion, who compete in the Ontario Hockey League each year, supported by many loyal fans.

Health Infrastructure

Brampton contains two major hospitals, Brampton Civic Hospital and Peel Memorial Hospital, alongside many medical centres situated across the city. There are 2,300 health and life science companies and 13,000 practitioners in the area. The current top employers are Medtronic, Taro Pharmaceuticals, Dynacare, and Canadian Blood Services.

Brampton Civic Hospital has 608 beds and over 4,000 staff who provide care to half a million residents. Peel Memorial Hospital is a C$451-million site recently renovated to provide additional healthcare services to locals.

Transport

Brampton is situated close to the busiest airport in Canada. The city has an extensive road and rail network and incredible public transport systems, making it easy to navigate and commute to and from. For around $124 a month, you can travel via public transport within the city limits. This transport infrastructure makes the nearby towns easily accessible.

Brampton is just a short commute into the heart of Toronto via the Go Transit trains and buses. Thus, the city is a more affordable option while allowing for living close to Toronto workplaces.

In just a few years, Brampton will get its own light rail transit system. This will provide frequent, fast, and reliable transport services from the city to nearby towns and cities within 20 kilometers, and the aim is to reduce congestion.

Education

Algoma University lies within the heart of the city and offers some incredible classes. University of Toronto (Mississauga) and York University are also nearby. Brampton’s public transport and connecting roads and railways make these universities easily accessible.

There are also endless job opportunities, with 73,732 total businesses, over 300 of which employ more than 100 employees. The key economic sectors include manufacturing, food and beverage, innovation and technology, and health and life sciences.

With the increasing popularity of this vibrant city, there is no better time than now to start investing in property across Brampton. It is showing promising growth and provides incredible opportunities for families of all sizes and backgrounds.

Are you looking to invest in Brampton? Please call me at 1-416-473-5064 to book a no-obligation appointment.


Rishi Kapoor

REALTOR® | Real Estate Agent
eXp Realty Brokerage
Rishi Kapoor

Our Address

4711 Yonge St 10th Floor,
Toronto, Ontario, M2N 6K8
+1-416-473-5064