(Newswire.net — March 24, 2022) — Barrie is a beautiful, dynamic city with its unique charm. It lies at Lake Simcoe’s shore, adding its matchless appeal. In recent years, Barrie has developed tremendously, and therefore many people are considering moving here. It has increased the demand for Barrie pre-construction homes. Moreover, the city is a prime tourist spot due to its gorgeous lakefronts, parks, museums, etc.
Therefore, it is ideal for real estate investment in the long run. Once you find pre-construction condos for sale in Barrie at a favorable location, the likelihood of profit will be satisfactory. Although, every picture has two sides to the story. Therefore, this article will discuss some of the leading pros and cons of buying a house in Barrie.
Pros of Buying a House in Barrie
Affordable Housing
A great benefit of buying a house in Barrie is it is affordable. In the past few years, the housing price in prominent cities of Canada has increased rapidly. Therefore, many people are unable to purchase it. But when it comes to a pre-construction townhouse in Barrie, you can be the owner without disturbing your set budget. Real estate prices fluctuate in Barrie, yet it remains within your means.
Safe Community
If you are planning to move to Barrie with your family, you will be able to cherish a sense of satisfaction. Regardless of where you purchase new construction homes in Barrie, the neighborhood will be safe. Barrie is one of those cities with the lowest crime rate in Canada. Moreover, the community is welcoming and family-oriented.
Nearby Leading Cities
Barrie lies at a very advantageous location. Cities like Toronto are only an hour away if you choose to drive. Highway 400 is about ten minutes away from Barrie. Thus, if you get pre-construction townhomes in Barrie, you can still commute to Toronto every day for work and other purposes. The public transport system of Barrie is also quite remarkable.
Cons of Buying a House in Barrie
Long Winters
Living in Barrie can be difficult if you can’t tolerate long and severe winters. Therefore, before purchasing a pre-construction condo in Barrie, search about its weather. The winters can last from November to April, and you might have to experience freezing days for months. Although, you can enjoy a snowy Christmas every year in Barrie.
Heavy Traffic
The population of Barrie has increased in the past few years. Moreover, thousands of tourists visit the city to experience its matchless beauty. Therefore, traffic can be a headache at prime hours. Although, you can always prefer public transport for travel. It will be cost-effective, eco-friendly, and might also save you time.
Developing Economy
The economy of Barrie is developing, although there is still a long way to go. Therefore, you might not get inspiring career opportunities there. Although, the future seems bright for the city. Furthermore, you can purchase pre-construction homes in Barrie for investment. Some people prefer to live here with family while working in Toronto or other leading cities.
Some On-Going Housing Projects in Barrie
- 405 Essa Road Condos, 405 Essa Road, Barrie, ON
Builder: Sean Homes
Description:
405 Essa Road Condos is a condo development project by Seam Homes. It is currently in pre-construction, and registration is open. The development offers state-of-the-art amenities and urban living standards.
- The Residences on Owen, 57 Owen Street, Barrie, ON
Builder: Ballantry Homes
Description:
The Residences on Owen is another new condo development project by Ballantry Homes. It is currently pre-construction and lies at 57 Owen Street, Barrie, ON. If you are looking for pre-construction condos, Barrie for investment, this project is ideal!
- Terra Barrie, Mapleview Drive East & Yonge Street, Barrie, ON
Builder: Great Gulf
Description:
Terra Barrie is a new townhouse & single-family home development project by Great Gulf. It lies at Mapleview Drive East & Yonge Street, Barrie, ON. The Barrie South Go Station is within walking distance of the community.
- SOBA – South Barrie Towns, Patterson Road & Phillips Street, Barrie, ON
Builder: Sunrise Homes
Description:
SOBA- South Barrie Towns is a new townhouse project by Sunrise Homes. It is currently pre-construction and lies at Patterson Road & Phillips Street, Barrie, ON. If you want to settle in Barrie and search for a pre-construction townhouse in Barrie, keep it on the list.
Conclusion
Now that you know some of the pros and cons of buying a house in Barrie, you can make a better decision. These are only noticeable housing projects. If you have a specific requirement regarding pre-construction homes in Barrie, start searching. You will be able to find a suitable housing scheme without much hassle. Don’t forget to check the current real estate trend before investing!