Population Increase & Economic Outlook
Anticipate a significant population increase in Milton over the next 30 years, with the Halton Region aiming to grow the population to over 1.1 million people, an 85% increase from 2021. The region’s projected job growth of 500,000 positions further establishes Milton as a desirable place to live, work, and play. By 2031, an estimated 90,000 new housing units will be required in Halton, resulting in a shortage of over 35,000 homes. This high demand is expected to drive up real estate values and rental rates.
Milton benefits from excellent transportation links, with easy access to major highways in the Greater Toronto Area. Situated just one hour from the Canada-U.S. border, it is also conveniently located 30 minutes away from Waterloo, Toronto Pearson International Airport, and the downtown core of Toronto.
Milton places a strong emphasis on education, with over 400 acres of land dedicated to the Milton Education Village (MEV). This dynamic urban district combines cutting-edge educational and research facilities, knowledge-based employers, diverse housing options, and accessible transportation. The upcoming joint campus between Wilfrid Laurier University and Conestoga College, scheduled for completion in 2024, will further enhance the educational landscape. Milton is also recognized as having the 5th Most Educated Workforce in Ontario, ensuring a skilled labor pool and sustained job opportunities that contribute to the strength of the real estate market.
Mattamy Homes, a highly regarded developer, has been constructing homes across Canada and the United States since 1978. With a track record of helping over 8,000 families achieve homeownership each year, Mattamy Homes has been honored with the prestigious Homebuilder of the Year award by the Building Industry and Land Development Association an impressive eight times since 2001. Choosing Mattamy Homes ensures quality and reliability in your new home.