New Condos Oshawa

Welcome to Oshawa, Canada’s Motor City. Oshawa is part of Durham region. From 2006-2016, Oshawa’s population has increased by 13.5% with 167,179 residents. During this time the city has boasted an unemployment rate of 6.4%, which sits below the country’s average and the Bank of Montreal ranked it the best place in Canada to find work. Once dominated by the automotive industry, Oshawa is now also becoming a leader in the medical industry with its state of the art hospitals and medical centres. Over 40,000 students every year call Oshawa home as they commence their studies at one of the areas post-secondary schools. Durham College, Trent University, and UOIT all have campuses within the city. This is a valuable opportunity for real estate investors to take advantage of, as students look for housing accommodations for the school year. The cost of buying a home in Oshawa increased by 18% between 2016 and 2017, the average being $525,490. If this trend continues, it is good news for investors looking for short or long term real estate investments. Oshawa is located along the Eastern corridor of the 401, making it easily accessible for residents to drive to other major employment centres like Markham and downtown Toronto. Durham Regional Transit services the city of Oshawa and other areas with its own fleet of buses. Go Transit runs buses and trains out of the Oshawa GO Station, allowing for a seamless commute to Union Station. VIA Rail also runs trains to Ottawa and Montreal out of this station. Oshawa is a great city for young professionals and families to call home, residents can enjoy lake front living, amazing views of Lake Ontario and plenty of parks and greenspaces. Search and compare condos today and let a CondoNow Certified Expert make Oshawa home!