Niagara Housing Market Highlights City of Niagara Falls Ontario, Canada A large percentage of households in the Niagara Region have an annual income greater than CAD$93,600 Niagara Falls Household ncome 0 10,400 20,800 31,20 0 41,6 0 0 52,000 62,400 83,200 93,600 93,600+ (CAD$) Households 3.2% 7.8% 10.0% 10.3% 10.6% 9.3% 15.0% 10.8% 23.0% % What They 50,000 100,000 150,000 200,000 250,000 300,000 400,000 Can Afford 50,000 500,000+ (CAD$) 100,000 150,000 200,000 250,000 300,000 400,000 500,000 Source: Niagara region (www.niagararegion.ca/about-niagara/default.aspx) The cost of homes in the Niagara Region soared about 28% for 2 years consecutively Niagara Region average sale price of residential homes (comparison with May 2016) 600,000CAD 448,255 CAD 350,249 CAD 272,622 300,000CAD CAD LCN +28% +28% 0CAD May2015 May2016 May2017 CANADA Source: MAY 2016 STATISTICS and MAY 2015 STATISTICS, Numbers of sales represents sales reported on Source: MAY 2016 STATISTICS and MAY 2015 STATISTICS, properties listed on the MultipleNumbers Listing Serviceof sales represents (MLS®) of sales the Niagarareported Association on properties of listed REALTORS® on the (NAR). Multiple Listing Service (MLS®) of the Niagara Association of REALTORS® (NAR). The Greater Golden Horseshoe (GGH) Huntsville The Greater Golden Horseshoe is one of North America’s fastest growing regions. It is home to 9 million Lyons Creek Niagara (LCN) people, meaning that one quarter of all of Canada’s population lives here. It attracts one in three new immigrants to Canada. By 2041, it is forecasted to have a population of 13.5 million. This region is Canada’s 69 Greater Golden Lyons Creek Niagara (LCN) is 91(+/-) acres of prime most important economic engine, generating two thirds of Ontario’s and one-quarter of Canada’s Gross Horseshoe Domestic Product. The region’s 32,000 square kilometres includes some of Canada’s most productive property located in the City of Niagara Falls, Ontario Lake Huron Lake Toronto farmland, as well as world-renowned natural features, like the Niagara Escarpment, the Greenbelt, and Simcoe Greater Golden Niagara Region the Oak Ridges Moraine. Horseshoe Source: mah.gov.on.ca L a k e E r i e Erie 401 90 Belleville 79 Jamestown Olean 20 total Conneaut Corry 90 Bradford Warren Greater Toronto Detroit New York 1 unit = Growth Plan • Ontario, Canada Area CAD $10,000 Meadville Allegheny 6.3 Lake Ontario million Toronto By 2041, the GGH is forecast to grow to 13.5 million people and 6.3 million jobs Oil City Pennsylvania Chicago 1 acre = 840 jobs. The magnitude and pace of this growth necessitates a plan for 79 4.5 CAD $132,000 million CANADA units building healthy and balanced communities and maintaining and improving 80˚ jobs 79˚ 13.5 78˚ Ontario million U.S.A. Toronto – New York 90 mins our quality of life while adapting to the demographic shift underway. people U.S.A. 9million Places to Grow is the Ontario government’s initiative to plan for growth people Toronto – Niagara Falls 120 mins Aiming at producing returns of 10% per annum and development in a way that supports economic prosperity, protects the 90 Finger Lakes environment, and helps communities achieve a high quality of life. 2 011 2041 Niagara Falls – Buffalo, New York 30 mins within an approximate timeline of 10 years Source: placestogrow.ca Niagara Region Highlights Niagara Falls form the second largest waterfall in the world (after Victoria Falls in Africa), according to the Travel Channel. More than The Niagara region has the 2nd highest housing growth rate TOP 2 3 3 6 million ft (168,000 m ) of water go over the falls every minute. No.2 in Ontario next to Toronto, the capital of Ontario. Niagara Falls attracts approximately 22 million tourists each year. The population of The Greater Golden Horseshoe (GGH) was nearly The Regional Municipality of Niagara, known as the Niagara 150% 9 million in 2011 and it is expected to increase by 1.5 times, to around 440k Region, is made up of 12 municipalities and has a population 13.5 million by 2041. of approximately 440,000. Located in The Greater Golden Horseshoe (GGH), the 6th largest House prices in the Niagara Region rose approximately 23% 6th metropolitan area in North America. The growth plan for GGH 123% in 2016. implemented by the Ontario Government will be carried on until 2041. Source: Ontario Ministry Of Economic Development, Growth Plan for the Greater Golden Horseshoe. DISCLAIMER: The information contained in this document is for information purposes only. It is not an offer to sell securities or other instruments, nor a solicitation of an offer to buy securities or other instruments. This material may not be reproduced or distributed to any other person or incorporated in any way into another document or other material without the prior written consent of Trans Global Partners. Hill Rutherford Langstaff Milliken GO Transit York University* Finch CANADA Niagara Falls s 1 Old Cummer Agincourt own) GO Transit is the regional public transit service for 6 Lawrence East ons Cornea (Downr ont Over 22 million people visit Niagara Falls every year. Oriole MARKET OVERVIEW ThornOshat wDarlingt the Greater Toronto and Hamilton Area (GTHA) and it k ering Downsviewar k own on P Pic Ajax - What makes Niagara Falls so impressive is the amount hener get Kennedy on ampt provides rail and bus routes extending to communities Kitc GuelphAct Geor Mount PleasantBr amalea Bowmanville Breslau Br Caledonia t - Rouge Hill y a of water flowing over. It’s the combination of height th Bloor Whitb on or ton t Davenpor Guildwood Oshaw across the Greater Golden Horseshoe. es es KITCHENER LINE Malt e N W Spadina Eglinton obicok Union Scarborough and volume that makes Niagara Falls so breathtaking. Et MountS tDennis Clair WBloor Danforth Ontario ty Village Gerrard Ontario’s government is investing $21.3 billion to Lisgar Liber Don Yard-Unilever WELLINGTON Kipling The Niagara generating stations supply one quarter LAKESHORE EAST LINE Meadowvale Dixie Exhibition implement the GO Regional Express Rail (RER) 400 Cooksville Mimico Osawa Milton Streetsville Long Branch of all power used in New York State and Ontario. Erindale which will provide new travel options for millions MILTON LINE Port Credit LAKE ONTARIO of commuters, build 12 new stations, drastically CANADA Tourism is fueled by new attractions, casino resorts Clarkson North York and a major convention centre. Niagara Falls is an Oakville increase the frequency of service, cut travel times Scarboroug Bronte international leader in the hotel and accommodation Appleby Burlington and help manage congestion in the Greater Toronto HAMILTON Aldershot sector with continued significant investments in hotel, and Hamilton area. GO network upgrades will also Bramton Hamilton West Harbour Casablanca Niagara Falls York ast York motel and related hospitality properties. LAKESHORE WEST LINE include an extension commuter service from Hamilton Confederation St. Catharines Source: niagarafallsbusiness.ca/business/; niagaraparks.com; to Grimsby by 2021, and to Niagara Falls by 2023. niagarafallsinfo.com Source: metrolinx.com; news.ontario.ca Mississauga Queen Elizabeth Way (QEW) Toyota lant ilton Niagara Entertainment District 2 Niagara Falls is connected to major North American Kitcener Niagara Falls is home to blockbuster events and 7 Markets through an extensive highway system that Lake Ontario leading attractions. Visitors can stay in one of includes Ontario’s 400 series highways and the 1 Niagara’s fabulous high rise hotels with breathtaking Queen Elizabeth Way (QEW), and I-90 Corridor Toyota lant falls views and luxury spas. Fallsview Blvd. is the providing access to much of the United States’ 401 ultimate entertainment district with movie theatres eastern seaboard. The Queen Elizabeth Way (QEW) Niagara on New York like the famous IMAX and 3d/4d entertainment. is the oldest inter-city divided highway in Canada 2 the Lake Enjoy the ultimate Niagara Falls view at the Skylon that provides access to the United StatesWoodstock at Niagara 4 Tower. Fallsview Casino Resort is the greatest 3 UA Niagara Falls entertainment facility featuring the Falls and Fort Erie. Businesses in Niagara Falls can 403 St.Catharines reach more than 2,000,000 consumers in less than best in entertainment with over 250 shows per year an hour by road, making the city ideal for logistics, and boasting fine and casual dinning restaurants, distribution, retail and even service industries. City of gaming fun for those 19+, shopping and vibrant live Source: The City of Niagara Falls Business Development – Community Profile; 5 Niagara Falls entertainment. thekingshighway.ca Welland Source: niagarafallstourism.com; niagarafallsbusiness.ca Thundering Waters “Paradise” General Motors (GM) St. Catharines Propulsion A group of Chinese investors confirmed a $100-million 3 Plant 8 investment over 450 acres of land near the The General Motors (GM) St. Catharines Engine Thundering Waters Golf Course. The project called and Transmission Operations facility is one of North ‘Paradise’ is an integrated, mixed-use proposal that America’s largest engine and transmission plants. combines residential developments, rentals, time- Once ready, St. Catharines products are shipped to 9 National Border Line shares, commercial and recreational components, different GM assembly plants across North America. education, spa and tourism as well as marina use More than $1.7 billion have been invested there in along the Welland River. Upper Vista Condos is the past 20 years in enhancements to engine and another billion-dollar development project that transmission powertrain components. features a luxury boutique condominium located right GM remains committed to Canada, the company’s on the Thundering Waters Golf Club.
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