Windsor, Ontario is the southernmost city in Canada. It is located directly across the river from Detroit, Michigan. Windsor is a major contributor to Canada's automotive industry and has much to offer through its storied history and diverse culture.
Why should I invest in Windsor?
- Fiat Chrysler spending $2 billion re-tooling the Windsor plant.
- CF Industries announced a $105 million expansion of its urea plant at the Courtright Nitrogen Complex in St. Clair Township.
- Peterson Spring Canada Ltd. is adding a new production line at its engineered-metal products plant in Kingsville.
- TRW Automotive will opened a second location in Windsor in January 2016 creating 60 jobs. The $125 million BioAmber Inc. succinic acid plant in Sarnia opened in August 2015. Plains Midstream Canada’s natural gas liquids fractionation plant upgrades in Sarnia created approximately 100 construction jobs in 2015.
Over time, the Windsor-Sarnia ER’s manufacturing sector will experience improved profits and market share as a result of the lower Canadian dollar and faster U.S. economic growth. Lower oil prices and the expanded transportation network will reduce costs. New vehicle sales in the U.S. and Canada are predicted to remain at recent high levels during the next two years.
Job growth, industry investment, the stable population base (hasn't changed much since the 70's)as well as low prices, great cashflow and long term stability, all make Windsor (and area) a very interesting location for investors
Windsor Market Facts (Last published):
- 2016 Vacancy Rate: 5.0%
- Average MLS residential sale price: $217,439
- Average MLS Days on Market (DOM): 37
- Total Market Listings (MLS): 627
- Average weekly earnings (ON): $962
- Average 1 bedroom rent: $689
- Unemployment Rate: 8.2%
In 2011, the population of Windsor was 210,891 and that of the Windsor Metropolitan Area was 319,246. This represents a slight decrease in population since 2006, however on the whole, their population does not go through the changes normal in some bedroom communities.