The influx of immigrants to the Greater Toronto Area (GTA) is a trend we are all familiar with. However, not everyone has caught on to the outmigration trend that has been quietly accelerating since 2015. Each year, about 8,000 more people leave the GTA for other parts of Canada than move into the region. A key factor behind this outmigration? Housing shortage and affordability.
GTA residents are leaving behind this expensive region for cities that are easier on their wallets, and Welland is one of the top cities they are flocking to. If you are also planning to move away from the GTA, you must take some time to explore the houses for sale in Welland and this city.
Affordability – A Major Pull for Those Moving to Welland
Unlike the GTA, the Niagara Region is known for being much easier on the wallet and Welland, the third largest city in the Niagara Region, is no exception. From home prices to rental rates and everyday expenses, Welland offers a more affordable lifestyle.
Home Prices – You Can Get More Home for Your Money in Welland
Source – The Canadian Home
As you can see from the above table, there is a significant gap between the home prices in the GTA and Welland. A spacious detached home in Toronto would cost you around $2.10 million. However, the same type of house in Welland would cost you almost 104% less. Yes, the price of a detached house for sale in Welland is 104% less than in Toronto! Even when compared to Oshawa – often regarded as one of the most affordable cities in the GTA – Welland home prices are significantly lower.
These soaring home prices explain why many young adults in their late 20s and early 30s are choosing to leave the region. Instead of squeezing into a small condo apartment in Toronto, homebuyers are settling into a spacious detached house in cities like Welland.
Rental Rates – They Are One of the Lowest in the Province
Do you need more time to save up for a down payment, or do you want to get a feel for the city before permanently moving there? Either way, you will be glad to hear that the rental prices in Welland are significantly affordable. In fact, Welland is the second most affordable city for renters in Ontario. As of April 20, 2025, the average rent in Welland was around $1,738 for all property and bedroom types. These rental rates are far below what you would find in other cities across Ontario.
Overall Cost of Living – A Smaller Budget Needed for Day-to-Day Expenses
Everyday expenses are also significantly lighter on the pocket in Welland. According to Area Vibes, the living costs here are 20% cheaper than the average living cost in Ontario. That means you can enjoy a high quality of life in Welland while staying within budget.
The City’s Appeal Goes Well Beyond Its Affordability
You now know that Welland ranks significantly high on the affordability scale. However, affordability is not the only reason people are buying houses for sale in Welland. The charming city of Welland offers residents many other benefits that make it one of the best cities to settle in. Here are a few appealing reasons why you should consider making Welland your new home –
1. Outdoor Fun and Relaxation All Year Round
Ask a Welland resident what they love most about their city. Chances are they will say the great outdoor lifestyle it offers. Welland truly has tons of options when it comes to recreation and leisure. One of the city’s best recreational spots is the International Flatwater Centre. Here, you can enjoy many water-based activities like canoeing, rowing, paddling, swimming, and more. Welland is also home to Chippawa Park, perfect for family picnics, a game of catch, or a relaxing walk under the trees. Love scenic views and long walks? The trails along the Welland Canal will definitely become your go-to.
And let’s not forget the iconic Niagara Falls is just about 26 kilometres from Welland. You can easily plan a day trip to one of the world’s most famous natural wonders from your new home in Welland.
2. Excellent Schools for Your Kid’s Bright Future
Welland has several top-rated schools that provide a high standard of learning for kids of all ages. Some of the best schools for elementary-level students are Gordon Public School, Nouvel Horizon French Elementary School, and Fitch Street Public School. If your kids are in high school, you will have options like Notre Dame College School and Welland Centennial Secondary School. All these schools have secured excellent scores in the Fraser Institute Ranking.
3. A Calmer, More Relaxed Way of Living
The fast-paced life, endless entertainment options, and constant buzz of activity in big cities are initially exciting. But over time, the hustle and bustle of big city life can make you long for something quieter and slower-paced. Are you experiencing something like this? If so, Welland might be the perfect place to call home. This city offers a small-town charm where life isn’t that fast-paced, neighbours know each other, and nature is never far away.
So yes, affordability is a big reason homebuyers choose Welland – but it is far from the only one. The city also offers amazing recreational options, excellent schools, and a slow-paced lifestyle, making it the perfect place to plant roots.
Welland is Calling – Start Your Home Search!
Home prices across the GTA have been trending down this spring. However, they still remain financially out of reach for most Canadians. On the other hand, although Welland’s home prices saw a sharp increase in March 2025 compared to last month, they are still quite affordable. It is one of those few cities in Ontario where you can buy a spacious single-family house without spending a fortune. Combine these low home prices in Welland with the falling mortgage rates, and homeownership can be far more affordable than you think. So why wait? Partner with an expert realtor and explore the houses in Welland today!
