The city of Oshawa Ontario is an exciting, thriving and leading edge community. In fact Oshawa has even gained international attention by by being nominated and in the final nine cities competing for the prestigious UN-endorsed international Awards for Liveable Communities.
This, among other reasons, has had a positive effect on the Oshawa real estate market. The Real Estate Investment Network recently ranked Oshawa has one of the top 10 cities in Ontario for real estate investment. And for the first time ever the number of new dwellings surpasses 1,000 in 2006.
Oshawa Is Affordable
In may of 2007 Oshawa Ontario was named one of Canada's top 25 places to live by Money Sense magazine. This was based on economic, leisure, and real estate statistics. For example Oshawa residents enjoy the lowest property taxes increase in Durham Region of only 3.9%. Oshawa also has the lowest hydro rates and below average costs for water and sewer services.
There is a wide range of housing option in the Oshawa Ontario real estate market and it is the most affordable inthe Greater Toronto Area.