Locate & Invest » Why Peterborough
With a population of 140,000, Peterborough is the regional hub of east central Ontario with a market draw of approximately 350,000 people. Known for it’s exceptional quality of life, the Peterborough region offers a committed, skilled and productive workforce with a quality conscious attitude.
Population Snapshot
- County of Peterborough - 58,182
- City of Peterborough - 74,898
- Total Population - 133,080
- Seasonal Increase (summer homes) - 30,000
- Unemployment Rate - 6.0% (Q1-2009)
- Retail Sales - 22% above National Average (2009 est.)
- Income - 10% below National average (2009 est.)
- Post Secondary Education – Trent University and Fleming College
- Real Estate - Affordable rates for residential and commercial, significantly less than large urban centres
Links to Local Real Estate Information
Leading By Example
- First-rate education, training and research through respected local institutions such as Trent University and Fleming College
- Affordable cost of living with a good selection of homes, apartments, condominiums and waterfront property
- The Greater Peterborough Area offers exceptional quality of life and a perfect mix of urban and rural communities. With hundreds of lakes minutes away, the region consists of some of Ontario’s most desirable waterfront communities
- Committed skilled workforce
Impressive Local and Global Markets
- The GPA is the regional hub of east central Ontario with a market draw of approximately 350,000 people
- Close proximity to major markets in Canada and the north eastern United States: 6 million people live within a 320 km (200 mile) radius
- 60% of Canadians and 40% of Americans live within a 800 km (500 mile) radius
- Multinational and Canadian companies provide products and services around the globe from Peterborough
Key Transportation and Communication Links
- Four-lane divided highway (30 minutes to Ontario’s major highway to Toronto and Montreal)
- Full trucking capabilities and rail service
- Commercial airport with 5,000' lighted runway operates 24/7
- Solid transportation infrastructure with extensive bus routes and accessible, affordable parking
- Located along the Trent-Severn Waterway linking Lake Ontario to Georgian Bay on Lake Huron
- Connected to North America’s main communications system offering a variety of wireless & fibre-optic service providers, as well as seamless video, voice and data links
Affordable Space, Strong Commercial Growth
- Cost-competitive commercial space, for sale, lease or rent, is available throughout the region
- Construction and lease rates are lower than large urban centres in Ontario
- Fully-serviced industrial parks on major access highways with available sites to meet all needs and sizes
- Peterborough’s manufacturing sector is diverse and sustainable
- New business parks at Airport (30 acres) and Innovation Cluster @ Trent University (70 acres)
