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Orillia Beaches vs Toronto Beaches – Episode #16

How does the Orillia Beaches compare to the Toronto Beaches?
Orillia is ranked 3rd best in Ontario for best places to invest in by the Real Estate Investment Network (REIN).
Toronto is ranked 8th best in Ontario for best places to invest in by REIN.

Statistics from CREA:

Average residential house prices in Orillia
2006: $226045
2007: $241517
2008: $242891
2009: $236776
2010: $252758

Average residential house prices in:
Leslieville/Riverdale
2006: $375000
2007: $409000
2008: $443000
2009: $458000
2010: $485000
The Beach/Danforth
2006: $458000
2007: $494000
2008: $519000
2009: $539000
2010: $611000
East York
2006: $317000
2007: $356000
2008: $368000
2009: $375000
2010: $409000
Toronto
2006: $351000
2007: $376000
2008: $379000
2009: $395000
2010: $431000

Appreciation wise…the Toronto Beaches has grown significantly more than Orillia over the last 4 years (percentage wise). They both provide good cash flowing opportunities. They are both Economically Strong and both have beautiful beaches and tourism attractions near the lake. You need deeper pockets for the Toronto Beaches.

Which city would you prefer to invest in?