Popularly known as ‘Canada’s Motor City’, Oshawa is the eastern anchor of Golden Horseshoe and GTA. It is one of the most well-established neighbourhoods in Toronto. The region is famous for the developing automotive industry and thus, a significant economic contributor, especially in Southern Ontario. Apart from the automotive industry, Oshawa is a great hub for medical and research centers.
Oshawa neighbourhood is a place in Ontario that has witnessed tremendous real estate growth in the past decade. And, this growth is going to continue for long as GTA’s economy and the population are always on the rise because of the excitement and the facilities the place has on offer.
Oshawa’s average household income is amongst the highest in the city and thus, those planning to invest in real estate in the region are sure to reap great profits. Therefore, from the prospect of real estate and condo purchases, the area is ideal as condo occupancy is quite good in the region because of its industrial growth. And, apart from the resale aspect of the condominiums in the area is also well covered for.
There are three main sectors which are responsible for running the region- the automotive industry, medical centres, and the educational institutions. And, all these three aspects are enough to create great real estate market opportunities in North Oshawa. There are several condos for sale in the area.
To mark the automotive sector significantly, the head office of General Motors Canada is located here. And, for the medical centers, Lakeridge Health and Education Research Network (LHEARN Centre), Lakeridge Health Oshawa as well as the Oshawa Clinic make a contribution to the sector.
Apart from these two sectors that make the area lucrative to the real estate market, the educational sector is also well enhanced in the Durham region. Trent University Durham, Durham College and University of Ontario Institute of Technology are amongst the largest educational campuses in the city. These three institutions make up for over 40,000 students on a yearly basis. Thus, these sectors result in a community in themselves. Occupancy in these sectors would mean a rise in the number of residents in Oshawa. Thus, creating a need for more condominiums in the area especially near Durham College and University of Ontario.
Oshawa goes by the motto: ‘Prepare to be amazed’. And indeed, the motto holds very true for the place. The place is full of recreational as well as entertainment centers located within close proximity. Lake Ontario offers one of the most amazing views of the city. Then, there are great dining options, historic places, and recreational parks to visit in Oshawa. Lake Ontario is filled with parks and other scenic locations for everyone to enjoy.
Because Downtown Oshawa is built on the intersection of King and Centre Streets, plenty of delicious cuisines are available in the restaurants located in this neighbourhood. Teddy’s Restaurant is one of the most popular eating places in the area. There is a little history associated with Teddy’s restaurant and the place is famous for its classic deli décor and serves thick sandwiches. Riley’s Pub is also a famous entertainment hub that offers good food, drinks and has a gorgeous ambiance.
There are quite a few theatres and cultural landmarks located in Oshawa too. For example, there is Regent Theatre famous for the classic movie nights and live musical performances that are held there regularly. For sports too, the place has got Tribute Communities Centre.
Oshawa is a hub of stunning entertainment places, great restaurants, cultural places and has plenty of scenic beauty to offer.
Getting around in Oshawa isn’t much difficult. There is a fine interconnected network of highways built across the city’s landscape that provides utmost ease of transit in Oshawa. It is divided into two parts by the highway of Heroes that forms the eastern portion of the Ontario 401 Expressway. This highway network makes all the major locations of GTA easily accessible.
Markham, often termed as the ‘Silicon Valley of North’ is a hub to innumerable high tech industries in the area. Thus, contributing to the major employment regions of the city. Individuals can access Markham via Ontario 401 Expressway within a mere 30-minute drive. And, popular places like the Financial District situated in Downtown Toronto can be reached within an hour’s drive, utilizing the same highway for the commute.
GO transit, as well as Oshawa Train Station, are other popular means that the public in the city uses to reach various places of Toronto. Apart from these, people of the neighbourhood also utilize Durham Regional Transit to travel locally. Thus, the neighbourhood of Oshawa is transit-friendly for both, those who own the car and those who don’t. All the important places can be accessed via Oshawa with ease by using any of the modern transit facilities available readily in the area.
Oshawa is a hub of real estate developments. The place has new listings and multiple housing options coming up including townhouses, apartments along with luxurious condominiums. At present, there are 6 condo developments that are upcoming in this Motor City of Canada in the North Oshawa area and Durham region. Tribute Communities happens to be amongst the most popular condo developer in the region at present.
Here are the new condominiums coming up in Oshawa:
With so many employees as well as entertainment options readily available around Oshawa neighbourhood, the city is bound to have multiple well-constructed condo units for the residents to settle in. The condominiums in the region are full of luxury, class, modern designs and fit well with the needs of the people planning to stay in Oshawa. Also, the condo units will provide lush amenities to all the condo residents for a luxurious living. And, the entertainment options available at Oshawa are great too. Thus, those planning to invest in real estate, Oshawa is a great option to invest in a condo unit in. The place has got well-established industrial sector, educational institutions as well as amazing places to enjoy leisure time. One investing is Oshawa condos are bound to reap great gains from the investment from this place.