Discover Oshawa Real Estate | Where and Why to Invest in Oshawa?

A peaceful small city, with economic stability and good standards of living, known as the ‘Automobile Capital of Canada’, Oshawa is a key player in the region.

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A peaceful small city, with economic stability and good standards of living, known as the ‘Automobile Capital of Canada’, Oshawa is a key player in the region. Being a renowned hub for sciences and education, the economy is booming with a 3% GDP growth rate. The driving sectors are manufacturing, construction, health care, and real estate.
Hosting more than 10,000 businesses, the city has a diverse market and over 70,000 jobs. With people moving to Oshawa to reside or work, properties have been appreciating in value. Average prices range from $1,839 to $2,263/sqm, while the appreciation rate is 5% per annum. With the rising demand and limited supply, housing prices will skyrocket. Alongside the increase in value, rental property has been in high demand.
Investors can make a good ROI, with rental yields being at 7%. In the city center rents range from $860 to $1,335/month. With a plethora of property options, Oshawa is a suitable marker for long-term investment.

Venier – An affordable market attractive to both tenants and investors. Average home prices are at $403,900 with expectations to rise.
Centennial – A developing area of new residential buildings. A suitable option for investors wishing to make commercial property investment.
Taunton – The most sought-after location in Oshawa, with access to amenities, properties cost $625,000 on average.

With promising prospects and high returns, Oshawa’s real estate market is a BUY

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