Oshawa is one of the most vibrant community in the Durham Region, and in recent years, its condominium market has gained immense popularity for high-value investments and quality housing. In Oshawa, the average household income is considerably higher than in nearby communities, which makes homeownership easier and simpler.
Unemployment rates are significantly low as compared to Toronto city and the rest of Canada, and residents enjoy superior life quality. Many families, young professionals, and even retirees relocate to Oshawa to invest in luxury condos and start their lives in this thriving and dynamic city.
The rental rates in Oshawa city are also rising, presently starting at $1,700. The demand for renting and buying condos remains strong, and savvy investors can explore some lucrative investments and opportunities. Families and young professionals can benefit from the affordability and rising investment value, and transform their life quality in a city that never ceases to amaze!
Brimming with parks, nightclubs, high-end restaurants, retail outlets, a rich historical and cultural heritage, and magnificent views of the picturesque Lake Ontario; Oshawa has much to offer its residents.