Why you should invest in London, Ontario
Why London, Ontario Is the Best Place for Investment
There are a number of factors which need to be taken into account to decide whether an investment opportunity will be advantageous for you.
Read on to find out some factors which can almost always guarantee great return on your investment in an area like London, Ontario.
The growth in population of a city or area is often a direct indication that there are plenty of opportunities in the area. People are always attracted to the best lifestyle and the most affordable locality and services which they can possibly get. London, Ontario is one of these places. The population of London, Ontario increased 3.9% from 2006 to 2011. Officially incorporated as a city in 1855, London, Ontario now has a population of over 380,000 and is the fifteenth largest city of Canada.
Areas with High Income
The best investment opportunities are often found in areas which are known for high income generation. High income areas are, more often than not, seen to give the best return on investment since areas like these, naturally, also have more disposable income. This is especially true when dealing with commercial real estate. Properties like plazas and shopping malls are bound to do well in places where there is high income generation level.
One such investment opportunity in London, Ontario is Riverbend Gates Plaza which is available for lease. Riverbend Gates Plaza is located in Northwest London, a high income area where the annual income of a family is estimated to be $125,000. Not only has 75% of London’s population growth since 2006 been in Northwest London, but the annual income of families in this area is 48% more than an average annual income of a family in London, Ontario.
To learn more about Riverbend Gates Plaza and to find out more investment opportunities in London, Ontario, contact Plaza Brokers.