The real estate market is an excellent way of generating a future income. The GTA area is home to the Oshawa region, which is ever-growing, bustling with new opportunities.
The Oshawa region has a loving neighborhood, amicable residents, and several job opportunities. These factors make it a good pick for you to invest in real estate.
Here is our pick on the top benefits of real estate investment in Oshawa, Greater Toronto Area.
Let us explore Oshawa investment opportunities more.
1. A pandemic boon
The entire world suffered during the Corona Virus pandemic. Oshawa has unfolded more real estate opportunities. While many real estate regions suffered, Oshawa has shown consistent improvement in economic activities.
Recently, there have been increasing demands for investment in housing properties. The low supply of house properties in this region has induced an increased demand for houses in Oshawa.
Also, we expect a substantial price appreciation for all these properties soon. It makes real estate investing look even more profitable in Oshawa, eventually.
2. Stagnant rent prices
The regions of Toronto have seen price drops for renting. That has not been the case in the Oshawa region, even during the pandemic. The rent prices in Oshawa compared to other GTA areas have fallen little. The rent of houses in Toronto has seen a downfall, but not with Oshawa. Here, the rent has been constant.
It makes property investment in Oshawa profitable even during the economic downturn. If you rent out your property, you will continue to enjoy getting the same rate.
3. Connecting commute
Next, Oshawa is in proximity to Toronto. It will take you hardly a half hour to reach Oshawa to Toronto if you travel by car. By train, it will take you about less than an hour.
If you live in Toronto and want to visit your other houses in Oshawa regularly, distance will not be a deterrent for you. You can travel hassle-free and save a lot of time as well.
4. A smart city
Oshawa is the only city that stands higher in Canada’s top 20 tech talent pool list. It places Oshawa in the league of smart cities with many tech opportunities as well. With the emergence of a pool of talent in the region, many job opportunities have cropped up too.
In a growing city, investing here can make it worthwhile with a good ROI. The tech sector of Canada has been rising. It allows you to rent out your property to the new corporate.
To conclude, investing in real estate in Oshawa comes with a definite competitive advantage compared to other developed regions in GTA. The Oshawa region has emerged as the go-to destination for real estate businesses. It offers you to be at the helm of the real estate boom in GTA by investing in the real estate of Oshawa.