Located in the picturesque Durham Region of Southern Ontario, Whitby is a scenic community tucked towards the northern shore of the beautiful Lake Ontario. The area is one of the best places to live and invest in the Durham Region, Whitby invites residents, expats and tourists with its stunning natural beauty, and vibrant community.
With a population of over 120,000, Whitby is centrally located and allows commuters easy access to the Whitby Go Station and the rest of the Greater Toronto Area via HWY 401, 407 and 412. Whitby allows residents to enjoy the best of the both worlds as the southern area of the town is primarily urban with a thriving business activity, while the northern side is engulfed with a tranquil countryside charm.
Characterized by its natural beauty and close-knit community, retirees, expats and families adore the lifestyle offered by the communities of Port Whitby, Myrtle Station, Brooklin and Ashburn. Majority of the residents in Whitby tend to commute to the economic hubs in the Greater Toronto Area, and many young professionals and families move to this scenic town in order to obtain employment at General Motors Canada, which is one of the greatest employer in Durham.
Over the years, Whitby has witnessed the emergence of major retail centres, and pharmaceutical manufacturers, including Patheon, McGraw-Hill Ryerson, and many others, which have created a plethora of job opportunities. The robust economy of the town makes it an attractive neighbourhood for commuters, young professionals and families, but residents seek to enjoy the lavish amenities and rural landscape of the quieter communities in Whitby.
Whitby is popular amongst families for its safe and close-knit neighbourhoods, and one of the best education system in the entire Durham region. Whitby is home to twenty four elementary school and five secondary schools, including the Sinclair Secondary School, Donald A Wilson Secondary School, the Brooklin High School and Henry Street High School.
The Durham Catholic District School Board also operates twelve Catholic elementary schools and two secondary schools in town, and residents can also send their children to superior French language schools. The town of Whitby is also famous for its cultural heritage, and residents can access a wide range of cultural attractions, including the Durham Council for Arts, the Whitby Brass Band, Station Gallery, Whitby Courthouse Theatre, Camp X and many more. The Whitby Public Library is one of the most revered libraries with an impressive collection of prominent literary names.
The Lynde Shores Conservation Area is brimming with wetlands area that offer scenic hiking trails and boating, amongst other recreational activities. Investors and home buyers flock to Whitby to enjoy a modern lifestyle supported by innovative amenities and tucked in the heart of nature.
The charming small town vibe of Whitby may fool some investors, but other than being one of the most remarkable neighbourhoods to raise a family, Whitby is also one of the most robust real estate markets in the Greater Toronto Area. The town has witnessed an exciting surge of developments, marked by condos, apartment buildings, lakeside communities, townhouses and much more.
Whitby is quickly emerging out of the label of a ‘bedroom community’ and evolving into a dynamic market that offers immense investment potential and higher rate of returns on investment. Whitby is a town on the rise, and it is quickly emerging as one of the hottest markets of the GTA.
The town administration is seeking to reap the benefits of the spellbindingly beautiful waterfront location, and multiple ongoing development plans are focused on rejuvenating the surrounding communities of Port Whitby to transform the region with modern urban establishments.
Condo developments are certainly the most attractive offerings in Whitby’s real estate landscape, and these are located around Brock Street and the scenic landscape of Port Whitby. This area is home to over 2000 residents and the job market is flourishing. Forecasts reveal that housing demands will continue to rise as the population is expected to rise to 12,500 residents in 2031, with over 3500 jobs in the industrial hubs.
Needless to say, Whitby is one of the fastest growing economies in Canada and the entire Durham region and its waterfront appeal allows residents to carve out a serenely peaceful lifestyle surrounded by natural beauty, without having to give up the comforts of a modern lifestyle. The town’s real estate market is swiftly growing and expanding, and analysts believe that 2019 is a fabulous time to invest in Whitby.