Barrie is a city in Simcoe County in the province of Ontario with a population of 141,434 as recorded in the last census. This is a growing city located on the shores of Lake Simcoe, offering urban amenities with a small-town charm. This city is a tourist attraction with its vibrant waterfront and historic downtown core. The lakefront properties in this city have seen a steady appreciation in prices, so has the overall real estate market of the city. In terms of population, the city is expected to breach the 200,000 mark by 2031 as one of the fastest-growing cities in the province and the country. The city’s growing economy is expected to bring tech giants into the employment market in the near future, offering high salaries. The high demand for housing that is driven by a growing population can be seen in the real estate numbers. Barrie has a low vacancy rate of 2.7% and the resale price is appreciating at an average of 3.6% year on year as recorded in 2019. Investors are showing a growing interest in this city.
Barrie’s lakefront is lined with parks, beaches and recreational facilities that residents can enjoy. Residents can engage in boating, canoeing, fishing and water sports in the waters of the lake. Centennial Park at the waterfront offers a boardwalk, beach, green trails and boat ramps. The Splash ON Water Parks is a major attraction at the lake with a floating playground and other activities on the water. The Barrie Waterfront Festival attracts locals and tourists and features food stalls and trucks, music, entertainment and shopping from local vendors. The city also offers recreational facilities like sports complexes, art galleries, performing arts, movie theatres and golf clubs.
The city of Barrie has two English-language and two French-language school boards operating elementary, secondary and higher secondary schools in the city. For higher education and vocational courses, Georgian College has a large campus in the city. With over 35,000 students enrolling every year, this college is well-known in the province. Major employers in Barrie are from technology, healthcare, manufacturing, tourism and education sectors. Some big brands have a presence in the city, like IBM, BMO, TD Canada Trust, Coca-Cola and The Source.
Barrie is connected to the Greater Toronto Area by GO transit and HWY 400 that cuts across the city. Downtown Toronto is a 90-minute drive from Barrie via HWY 400. Residents can access the GO train service from the Barrie South GO station. Barrie Transit runs the city’s public transit bus network that is convenient for commuters with its wide network.