Buy Land Now
During my summer trip I heard on the Hamilton, Ontario TV station that the population of the Greater Toronto Area (GTA) is expected to increase by 2.4 million over the next twenty years. Not surprising, really, as the Canadian population is projected to reach 42 million by the year 2040 or 2050. For years now we have been able to see the spread of population outwards from Toronto as people look for affordable housing. Consequently the resulting traffic congestion of commuters driving to Toronto for work from places like my hometown, Guelph, Cambridge, Kitchener-Waterloo, Barrie, Lyndsay, Collingwood, Penetanguishene, etc. have made Toronto’s traffic problems the stuff of world news.
This year when returning to home from Penetanguishene, where I was boating with my older brother on the weekend of June 24-25, I commented on how the density of settlement between Lake Simcoe and Georgian Bay - the Barrie-to-Midland area - is significantly greater than it is on the east side of Lake Simcoe, leading me to think that that area is primed for a population boom as more people move out of Toronto in the coming twenty years. He agreed with me. I suppose that Highway 400 leading north from Torontoto the city of Barrie - “the gateway to the north” - is largely responsible. If there was a similarly major highway going up the east side of Lake Simcoe then that area would be equally settled. But wait, then I learned that Highway 404 is projected to be extended north from the city of Newmarket, up the eastern shore of Lake Sincoe and, presumable, meeting the city of Orillia from the east. If that is true then that whole area between Lake Simcoe and Peterborough - Lyndsay and the Kawartha Lakes - will become densely settled just like the area between Barrie and Midland. Not that it is not already settled. Of course it is. But the population will boom.
Buy land now, if you can.