Aurora
Why invest In Aurora
Aurora is a town in southern Ontario with a population of 62,057. This town is located in the Central York region in the Greater Toronto Area and within the Golden Horseshoe region of the province. The small yet urban community has been ranked among the top 10 wealthiest towns of Canada. Aurora has a growing population and its proximity to these major cities as well as abundance of housing options has attracted many young families and working professionals. Aurora’s economy is booming and it is supported by growth and development efforts. The town has established two bodies, the Aurora Economic Development Corporation which will aid in leadership, advisory and strategic direction aimed towards the town's business and investment growth as well as Aurora Chamber of Commerce and Aurora Downtown BIA, which will support and encourage local businesses. The real estate market of Aurora has seen a notable jump in prices with a resale appreciation rate of 8.0 % year on year over the last 10 years. The town has a low vacancy rate of 0.9%, which is an indicator of consistent rental income for investors.
Things To Do In Aurora
Aurora has been named ‘Canada’s top places to live’ for a reason. With an astonishing 46 parks in this small town, there is no scarcity of green spaces which include soccer fields, tennis courts and splash pads. Aurora is also home to a large number of green trails for walking, jogging and bicycling. The city has numerous recreational activities and special events. Skating is popular and many skating rinks can be found at Aurora Family Leisure Complex, Ada Johnson Park, Confederation Park and Town Park. The city also offers special events around the year like the Arctic Adventure, Home Show and Street Festival which allow residents to engage with the local community and culture. Downtown Aurora features some beautiful historic structures and many streets feature murals depicting Canadian history. Some other recreational facilities in this town are Hillary House National Historic Site, Beacon Hall Golf Club, King's Riding Golf Club, Stronach Aurora Recreation Complex and Aurora Community Arboretum.
Education & Employment In Aurora
Aurora’s many primary and secondary schools are run by 3 school boards. These schools are spread out across the town and families can find suitable schools for their children within short drives from home. Parents can also choose from Catholic and private schools. Residents of Aurora have access to the York Region’s higher education institutes like Seneca College, Sheridan College and Humber College a short drive from the town. The economy of Aurora is thriving with close to 2200 businesses and has attracted companies like Magna International, Desjardins, Bulk Barn, PreGel, Kirchhoff Automotive, Genpak LP and Amazon to set up their offices in this town. Aurora has a low unemployment rate of 3.9%.
Transit & Connectivity In Aurora
HWY 404 is just minutes away for residents of Aurora and it goes on to connect to major cities in the GTA including Toronto. It also connects to other major arteries in the GTA such as HWY 401, 407, 403 and QEW. Aurora is connected to GO Transit from the Aurora GO Station and it connects residents to many important cities and towns in southern Ontario, from Barrie to Toronto. York Region Transit provides public transit within Aurora.
Average Condo Price
$100,000
$100,000
Average Townhome Price
$100,000
$100,000
Average Detached Price
$100,000
$100,000
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