3 Reasons Why Now is a Good Time to Buy Ontario Real Estate

Are you concerned with home prices in Ontario? Take a moment to read about why now might be a good time to invest in Ontario real estate. 

Ontario real estate prices will fall 24% by the end of 2023, predicts Desjardins. Buyers will be in a prime position. Now is the time to invest in Ontario waterfront property.

Waterfront property is among the most sought-after real estate in the country. If you’ve dreamt of living in Haliburton, looking over the water from your cottage porch, you’re in luck.

But why should you buy real estate in Ontario now? Why is it such a great investment? Why the urgency?

Our guide will help you decide. Read on for 3 tips about real estate in Ontario.

Despite the predicted 2023 dip, Ontario real estate prices have been rising for the last few years. Fuelled by the pandemic, residents have adapted their lifestyles. Rural and waterfront cottages are in high demand.

Then there are the business opportunities.

You can boost your income by renting out your property. Demand for rentals in Canada is higher than ever. Reopened borders and abolished travel restrictions mean more new arrivals looking to rent.

Investing in Ontario real estate now puts you in the perfect position to make a profit or set up a new home. Prices will rise again soon enough.

Waterfront property sells fast in the spring and summer months. Get in now, while things are chilly; capitalize when the sun peaks over the pines again.

The pandemic created a new kind of vacation, the staycation, and it’s here to stay. More and more Canadians look to our homeland for their holidays. Haliburton County and the lakes are prime vacation locations.

You can turn a hefty profit with holiday rentals. No-lease, short-term rents via online booking sites can be a lucrative side hustle or a full-time income.

Buying waterfront property in the fall gives you chance to decorate before spring. Whether you want to start a business or get cozy yourself, now is the time to start.

The house prices over the last few years have turned some buyers away. This means the ball’s in your court when it comes to real estate in Ontario, Canada.

You will be in a favourable position to negotiate. You will also be in the market for properties too expensive and competitive a short while ago.

Take advantage of the market and grab yourself a real estate investment. Living in Haliburton County can spark a lifestyle change for the better. You will have connections to the rest of Ontario, but enjoy a calmer pace of life.

Ontario real estate is primed for buyers right now. Make your dream lucid with a lakeside property while you can.

Ryan Merritt Real Estate can help you buy and sell waterfront homes in Haliburton County. Ryan has vast experience as a licenced real estate agent. Today, he specializes in waterfront and cottage properties.

Ryan’s empathy, inquiry skills and data-driven approach have helped his clients succeed. His testimonials speak for him. The perfect property for you is a call away.

Contact Ryan today!