Location, Location, Location. Woodstock is located 50 kilometers from many major metropolitan areas in Ontario, including Hamilton, Brantford, Kitchener/Waterloo and London. This area is beautiful with a fantastic mix of old time charm and modern conveniences. With it's main industries being manufacturing and tourism, and featuring a campus of Fanshawe College, this area is up and coming.
With the presence of many large auto manufacturing facilities, this area offers many jobs and opportunities. The amenities available make Woodstock an attractive option for those looking for the convenience of living in a metropolitan area but want to escape the hustle and bustle of city life. With year round festivals and activities, this area is attractive to young families and those looking for a fun time and lots to do while still offering a great area to grow in.
Woodstocks’s land, location, employment opportunities, and balanced living offers a highly skilled labour force, diverse economic base and easy access to bigger metropolitan areas.
Woodstock is a perfect blend of location, attributes, resources, affordable real estate, employment opportunities and growth potential.
Why should I invest in Woodstock?
The Woodstock region is a manufacturing mecca in Ontario. With major automotive companies with manufacturing plants right in Woodstock, there is a demand in the area for highly skilled labor. With an accelerated population growth rate of 8.3% (compared to 4.6% for Ontario and 5% nationally), this area is becoming attractive to families, tenants and investors.
Durham Region Market Facts (December 2017)
- 2016 Vacancy Rate: 2.0%
- Average MLS Residential Sale Price (monthly): $336,515 (increase of 16.1% over 2016)
- Average MLS Residential Sale Price (annual): $341,526 (increase of 18.9% over 2016)
- Total Market Listings (MLS): 153 (all time low for active listings)
- Median Weekly Earnings (Woodstock): $1308.62
- Population that rent homes: 33.24%
- Average rent (for all properties): $977