HOMES – REAL ESTATE – INVESTMENTS!
GLENDALE (Niagara-On-The-Lake): A Vibrant, Growing Community for a Quality Lifestyle or to Raise a Family within Driving Distance to Toronto
Glendale is one of the five main settlement areas of Niagara-On-The-Lake, the remaining four being Old Town, Queenston, Virgil and St. David’s. Niagara-On-The-Lake is mostly known for its natural beauty, historic heritage and quality fruit and grape growing.
The town has 15,400 residents as at the 2011 census, an increase of 5.6% from the 2006 census. It has a fairly low population density of 115.9 persons per km2, mainly because of the agricultural nature of much of the area. Though the population has stayed fairly stable over the past several decades, the Region of Niagara is predicting Niagara-On-The-Lake will grow by 47.4% to a total population of 22,700 by 2031.
Niagara-On-The-Lake has an estimated total employment land supply of about 200 net hectares, more than 60% of which is in Glendale. With just less than half of total land supply occupied, there is significant opportunity for growth. Glendale is the town’s largest employment area, and has been designated the primary industrial area in the town partly due to its proximity to the Queen Elizabeth Way (QEW) and access to both Toronto market and the U.S. Boarder. Glendale’s District No. 5 Fire Station is located at 350 Townline Rd.
In addition, Niagara College’s Niagara-On-The-Lake campus is located in Glendale at Glendale Avenue and the QEW, the major transportation corridor between Toronto and the United States boarder. The College promoted the campus as being “enveloped in an ecological band of wetlands, vineyards and community gardens, becoming a living laboratory for the college’s thriving environment and horticulture programs, and sits at the base of the Niagara Escarpment, a United Nations world biosphere preserve.”
The growing student population has resulted in growing demand for accommodation. Even with new housing being built in recent years, the demand is strong and has attracted the attention of many of the nearby homeowners. Both homeowners and real estate investors are finding the lower house prices and higher rental income (as a percentage of purchase price) attractive relative to alternative options, such as the Toronto and surrounding markets.
The Outlet Collection Mall at Niagara is located immediately across the street from the College and features over 100 well-known retail store brands, as well as a wide food selection that includes Aroma Espresso Bar, Starbucks, Big Smoke Burger, Freshly Squeezed, McDonald’s, S’barro, Subway Sandwiches and more.
Glendale is about a 25 minute drive to Niagara Falls (one of the world’s top natural wonders). In addition to the Niagara Parkway, Niagara River and Ontario Wine Country tours and activities, there are sand beaches and summertime fun (swimming, fishing, boating, hiking, festivals, and more) within short driving distance. The town has bus service for residents, which links the communities of Old Town, Virgil and Glendale.
Glendale was identified in the “Niagara-on-the-Lake Current Situation Report and SWOT Analysis” (August, 2012) as having potential for considerable residential and employment growth. The report went on to suggest development of Glendale as a modern economic local engine and residential community, and as an attractive ‘gateway’ to Niagara-On-The-Lake, with more mixed-use developments in the community.
It is no wonder that since the report there has been much development and growth activity in Glendale. The area is proving to be a great residential destination for young families wanting to raise their children in a vibrant, growing community with lots of natural beauty and outdoor activity for everyone to enjoy. As well, those retiring or preparing to retire are finding the lifestyle and affordability of Glendale, increasingly attractive.
46 Wright Crescent (presently listed for sale) is an example of some of Glendale’s quality homes. It is a fabulous, newly renovated, brick exterior, two-car attachedgarage, 4 + 1 bedroom, two story home, located in the “Niagara On The Green“ Subdivision (Glendale) of Niagara-On-The-Lake. Only minutes to both the Outlet Mall and Niagara College, it has a separate side entrance and 5 bedrooms, plus a Home Office and Library. The Basement has Rough in for a Home Theatre and Family Room with internet and speaker wiring. Well commissioned with Central Air Conditioning, Central Vacuum, hard Wiring for Internet, one Gazebo with Deck, one massive Party Deck, and vinyl shed. Also comes with all updated lighting, fixtures, high-end stainless steel appliances, Natural Gas line roughed in for Gas Dryer and gas line roughed in for second fireplace. Comes with 2 fridges, 2 stoves, washer, dryer, built-in dishwasher, and window coverings.
If you would like to view this or other homes in the Glendale, Niagara-On-The-Lake or Greater Toronto Area, message me or call for Baldo Minaudo, MBA, Broker, Real Estate Homeward at 416-698-2090, Dir: 416-564-0245.