{"id":2071,"date":"2022-10-11T12:45:56","date_gmt":"2022-10-11T16:45:56","guid":{"rendered":"https:\/\/www.teamarora.com\/?p=2071"},"modified":"2022-10-11T17:03:42","modified_gmt":"2022-10-11T21:03:42","slug":"why-you-should-invest-in-north-bay-real-estate","status":"publish","type":"post","link":"https:\/\/www.teamarora.com\/why-you-should-invest-in-north-bay-real-estate\/","title":{"rendered":"Here\u2019s Why You Should Invest In North Bay Real Estate"},"content":{"rendered":"

North Bay is an opportunity-filled community that is perfect for anyone looking for a balance of a good lifestyle and great job prospects. With around 52,662 people living there and 112,000 in the surrounding areas, North Bay provides opportunities to access larger Canadian and U.S markets while still maintaining a small-town feel.<\/p>\n

We are a business-friendly community with low-cost serviced industrial land, multinational businesses living in harmony among beautiful parks and recreational facilities outside of the vibrant downtown core, a state-of-the-art regional health care center, and extensive educational infrastructure.<\/p>\n

The rich and varied history and natural environment of North Bay are some of the city’s most prominent features. Fresh air, abundant clean water, plenty of greenery for outdoor activity, and low-density living with all of the advantages of full urban services are just a few of the benefits enjoyed by inhabitants of North Bay and the surrounding areas. Living in North Bay is both safe and inexpensive, from condo-by-the-lake residency to modern executive-style homes to old-world Victorian housing.<\/p>\n

North Bay has one of the lowest crime rates in all of Ontario. It is a safe community to live in. Urban North Bay straddles a land bridge between the Ottawa River and the Great Lakes basin. Trout Lake, at the city’s eastern border, is the headwaters of the Mattawa River and source of its drinking water, which holds distinction as one of Ontario’s best-quality drinking water sources. The waterfront area on Lake Nipissing in North Bay is the city’s beating heart, featuring a beautiful walkway graced with lovely gardens, a museum, and a public marina.<\/p>\n

If you like the outdoors and want bigger city amenities while still feeling a sense of small, secure community, the North Bay is an ideal spot to reside.
\n

\"northbay<\/center><\/p>\n

History of Northbay<\/h2>\n

North Bay has been a transportation centre since its inception as a Nipissing First Nation village in the 17th century. The Voyageurs, a renowned system of rivers and waterways that led to the interior of North America and along which many legendary explorers traveled in search of fame and wealth, run through North Bay<\/a>.<\/p>\n

The waterway that Samuel de Champlain explored in 1615, the Ottawa and Mattawa Rivers’ waterway, runs along an ancient fracture in the Canadian Shield that now serves as the backdrop for North Bay, Ontario’s North Bay escarpment. The trans-continental railway was blocked by a topographic barrier; therefore, it hugged the shores of Lake Nipissing rather than passing through this area.<\/p>\n

The construction of the Canadian Pacific Railway, the Canadian National Railways, and the Ontario Northland Railway established North Bay as a major transportation hub for its surrounding areas. The arrival of these railways allowed lumber and other natural resources to be traded more easily, jumpstarting local economies.<\/p>\n

The availability of key resources (nickel, iron, copper, gold, platinum, silver and cobalt) drew industrial development to the area. As mining and lumber industries prospered in the nearby regions, North Bay became a hub for supply and regional education and health care. The city also developed thriving personal and professional services sectors.<\/p>\n

The Future Has Already Begun in North Bay<\/h2>\n

North Bay is welcoming a new wave of people as a result of community engagement efforts such as the “Growth Community Improvement Plan,” which was designed to encourage individuals to work, live, play and learn in the city’s core. North Bay is welcoming a new generation of residents as the City strives to maintain a diversified and resilient local economy. Community improvement plans enable municipalities under the Planning Act and Municipal Act to create possibilities in exchange for private sector investment and development in targeted areas of town.<\/p>\n

The “Downtown Target Area Plan” for North Bay<\/a> has the following goals and objectives:<\/p>\n