Here’s the reason that why Brantford is the Best City To Buy Home in Canadian Real Estate
Now, Brantford, Ontario is one of the best cities to buy home in Canadian Real Estate.
As per reports by MoneySense’s i.e “Where To Buy Now”, Brantford is one of the best place to buy home in the Canadian Real Estate from 35 major urban centres of Canada for the number of reasons. But its economy is one of the biggest reasons behind this fact.
Diverse economy of Brantford is thriving and is the part of Greater Golden Horseshoe. This place has a plant which is being operated by the Tic Tac and Nutella-maker Ferrero that became too important for the economy of the city and Brantford hosts World Nutella Day celebration in every February.
The very first place of Brantford in Canadian Real Estate ranks home price at around $506,016 and on the other hand average 5 year rent price increased at $887, five-year annual ROI at 4.48 per cent and average income-to-home price ratio at 5.88.
Toronto ranked at 19th place, (just ahead of Moncton and just behind Winnipeg) with five-year annual ROI at 8.7%, average income-to-home price ratio 9.14, average five-year rent increase $1,195 and average 2017 home price at $1,020,375.
Included in the reports by MoneySense’s, 2 other Greater Golden Horseshoe cities made top five of the year: Guelph (that fell from its 2017 1st place spot to the 4th place in this year) and Peterborough (up to 2nd from the 9th place in the last year).