The Crossing Place
Discover Oshawa's Real Estate
This beautiful city offers a blend of tourism, a stable economy, and a good standard of living. Oshawa is renowned as a hub for the health sciences and education. This is a peaceful small city that offers some of the best green lands, parks, beaches, and great neighborhoods. For every investor seeking secure investment, this is a place to be.
Culture, History, and Business
Oshawa is a famous city situated in the Ontario province in Canada. It is proximate to the Great Toronto area and just about an hour’s drive to downtown Toronto. This city is located on the beachside of Ontario Lake and is occupied by over 3.75 million residents. According to the Canadian census documentation, the population growth in the city increases by an average of 3% to 5% every five years. Oshawa is the largest metropolis in the Durham region. This city’s name was derived from the term Ojibwa, which means ‘A Cross’ or ‘The Crossing Place.’ Oshawa is renowned as the ‘Automobile Capital of Canada’ because the General Motors Canadian division was established here in 1876. This also got it a second nickname: ‘Canada’s Motor City.’
The economy of the city is booming. Presently, over 70,000 jobs are spread across Oshawa, making it a 2.8% increase from the 2017 figure. Oshawa plays host to over 10,600 businesses, and this one of the highest figures in the region. The sectors driving the Oshawa economy are manufacturing, education, health care, construction, and real estate. Oshawa made the list as one of the top ten diverse economies in Canada in 2018.
Real Estate Appeal
For investors seeking to invest in Oshawa, the real estate market should be considered. The real estate industry in this location is currently in a boom, and realtors are cashing in. More people are showing interest in the housing sector by making investments in condominiums, vocational homes, residential homes, and beach houses.
The Canadian Real Estate Association affirms that the Oshawa real estate market is witnessing high demand. This offers investors the opportunity to tap in and make a good ROI. Whatever your choice of property is, be it an apartment, a posh bungalow, or a luxury duplex, there is always a property that fits your budget.
Are you interested in finding out more details about this high-profit investment location? Read our following articles to discover the best neighborhoods in Oshawa and why you should invest in the city.
Explore Oshawa's Real Estate
Local Real Estate Experts
Attractive Investments In Oshawa
📍Over 3,606 investors explored Oshawa