#36 new
judymurphy

Brampton Pre-Construction Condos Projects

Reported by judymurphy | June 20th, 2022 @ 06:26 AM

image The City of Brampton has over 600,000 residents, and it is expected to rise exponentially in the next 25 years. The Province of Ontario has designated it as an urban growth area, and by 2031, the population is expected to grow to 725,000. It is one of Canada’s largest and fastest growing municipalities. It has the 2nd highest growth rate among the nation’s 25 largest cities. It is also ranked the 3rd-most populous borough in the Greater Golden Horseshoe Region, trailing Toronto and Mississauga. The average household income is $89,010. The area has seen a huge inflow of South Asian immigrants because of its proximity to the Lester B. Pearson International Airport, not to mention the exorbitant value of living, real estate and taxes in the neighbouring Toronto area. It’s known for having an incredibly high number of children, young kids, and car users. It is a diverse municipality noted for a wide variety of Punjabi, Hindi, Gujarati, Urdu, Portuguese and Dutch speakers.

Brampton has placed itself as a worldwide economic contender. Home to more than 8,000 businesses. The city’s principal enterprises consist of manufacturing, trades work, retail and wholesale trade.

The manufacturing industry remains the most important and significant employer within its boundaries. In addition to a well-evolved economic base, its residents enjoy a high quality lifestyle. It combines conveniences with a conventional quality of life. It is the first city in the GTA and one of only 10 in North America to be nominated as an International Safe Community by the (WHO) World Health Organization.

It is a primary appointed growth area in the GTA and a vital regional node with institutional, civic, cultural and entertainment facilities as well as commercial and industrial employment opportunities within the residential region.

Read this article - (https://www.houzz.com/top-10-things-you-must-know-before-you-invest...)

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