In a housing market that can be tumultuous at the best of times, it's nice to know that there are still some places where people can find nice, affordable housing. Such is the case with Oshawa real estate. Not only is Oshawa one of the most affordable housing cities in Durham County, but it's also one of the best in all of Ontario. In this article, we'll look at what sets Oshawa apart from the rest.
Over the last few years, Oshawa real estate has garnered not just national but also international attention. In 2007, the city was listed by Money Sense magazine as one of the 25 top places to live in Canada, based on real estate, economic, and leisure statistics. In addition, the Real Estate Investment Network listed it among the top 10 cities in Ontario to invest in real estate. If that wasn't enough, the International Awards for Liveable Communities, which is a UN endorsed award, awarded Oshawa with third place in the category C list in 2007. That's quite a list of accomplishments when you put it in perspective.
So what is it that makes Oshawa so different? For a start, Oshawa has one of the lowest property taxes increase going, particularly in Durham County. Any Royal Lepage real estate Oshawa will tell you the 3.9% that Oshawa residents enjoy would make any Mississauga resident jealous. Residents save much when it comes to utilities as well, with the lowest hydro rate in the province, as well as below average costs for water and sewage.
The city has also put much money and effort into providing affordable housing for its residents, making it an attractive destination for people in Ontario. With new affordable housing units going up all the time, a house for sale Oshawa for seniors and those with disabilities is far more reasonably priced than what Toronto folk are paying. Combine the affordability of the housing and the low additional bills and payments, and Oshawa becomes a great option for anyone working near or below the poverty line.
Oshawa also has the advantage of being close, but not too close, to the Greater Toronto area. With close proximity to highways and transit, Oshawa is a great choice for those who work in Toronto and don't mind the daily commute. It's also perfect for those who can't afford the hefty Toronto prices. If you work in construction, mortgage payments can be too much to handle inside Toronto, making Oshawa a viable alternative. Oshawa is also a great place to consider if you are going to start a family. It's has lots of schools and all the amenities you would find living in a big city without the cramped and busy lifestyle living in a city like Toronto has. You can also have the opportunity to live in a home with a yard and in a neighbourhood that is full of kids. Whatever your reason may be, Oshawa real estate is definitely something to consider.
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