Why invest In Milton
Milton is a town in the Halton Region of the Greater Toronto Area with a population of 110,128 as recorded in 2016. This town is a part of the Golden Horseshoe region and is a growing economy in close proximity to Oakville and Burlington. Milton’s population is on the rise due to the easy connectivity to the rest of the GTA and the availability of amenities and infrastructure. Milton’s population is projected to grow to 228,000 by 2031. The Trafalgar Corridor Secondary Plan is the next phase of Milton's urban development plans, and it includes another GO train station to further enhance connectivity. The growing number of new condos, townhomes and single-family home developments in Milton are supported by high demand and encouraging housing market statistics that have made investors tout Milton as an upcoming investment centre. Milton saw a rental appreciation rate of 7.9% on average, year on year in the past decade. The resale appreciation rate on average for the same period was 4.5% year on year. These numbers paint a promising picture for investors.
Things To Do In Milton
Milton’s natural features and landscapes offer outdoor adventures for residents throughout the year. Ontario’s famous Bruce Trail runs through the town and offers scenic walking paths lined by lush greenery. Milton is on the edge of the Niagara Escarpment, which is a green landscape feature in southern Ontario and is known for its biodiversity. There are many conversation areas and parks in this town where residents can enjoy outdoor activities, picnics, hiking and bird-watching. Some notable green spaces in Milton are Crawford Lake Conservation Area, Kelso / Glen Eden Conservation Area, Hilton Falls Conservation Area and Rattlesnake Point Conservation Area. besides natural spaces, residents of Milton also enjoy a large number of sports clubs and other recreational facilities like Milton Sports Centre Arena, Milton Curling Club, Drumquin Park BMX track & Oakville Model Flying Club and Milton Leisure Centre.
Education & Employment In Milton
Milton has primary and secondary schools operated by two English language and two French-language school boards. The town is also home to some well-regarded private schools like The Montessori Country School, Hitherfield School and Keswick Sutherland School & Equestrian Centre. Milton’s major employers belong to the manufacturing, government and food sectors. Some of the biggest employers in the town are 3M Canada, Whirlpool Canada, Dare Foods, Karmax Heavy Stamping and Northstar Aerospace. Milton has a very low unemployment rate of 3.8%, which is less than the provincial average.
Transit & Connectivity In Milton
Milton Transit provides public transit services in the town. Residents also enjoy easy access to GO Transit’s train and bus services at the Milton GO station. GO Transit is a major transit network covering the entirety of the GTA and beyond. HWY 401 and 407 are accessible within minutes to residents of Milton, and they connect to major urban centres in the GTA including Toronto. Downtown Toronto is an 80-minute drive away from central Milton. Halton Regional Roads #6, #7, #8 and #22 are other major arteries that connect Milton to Oakville, Burlington and other areas of the Halton Region seamlessly.
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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