From the standard “buy and hold” that investors have used for years, to flipping or student housing there are many opportunities. I know what you’re thinking “I can’t afford to invest in Oshawa real estate” while you might be surprised. From lowly $100,000 condos to large multiplexes there is something for everyone. If you don’t have the cash on hand to put towards your down payment, but you own your own home there is even a chance you can use the equity you have built up towards the down payment. Then you’re not out any cash and you have a property that is carrying itself and you do not have to put additional monies into every month.

Unlike many parts of the world Canada, with its resource richness and conservative banking system, has escaped the recent downturn nearly unharmed and investors have taken note. With the current problems in the U.S. and the looming debt problem in the E.U. isn’t everyone looking for a safe haven for their money? Look no further! You’ve found it!

Simply put Oshawa real estate is a sound investment with a great opportunity for returns as the market grows and your mortgage is paid down by your tenants. Whether it’s a hands off multiunit building with a property manager, a condo where the maintenance is taken care of for you by the monthly condo fees, or a do it yourself duplex there is no time like the present to start looking. Call a local realtor or just Google Oshawa real estate to start your home search off right.

Whitby is a town east of Toronto that offers many things you would expect in a suburb. It is a good place to raise a family, has a great park and trail system, easy access to major highways, train stations, and a respectable public transportation system. The schools typically perform above the provincial average and the community is becoming more and more diverse.

Whitby homes offer many different housing options. From highrise condos, condo townhome, large 5 bedroom two storey homes, bungalofts overlooking green space, starter homes and everything in between. Prices vary of course, but weather you are looking to spend $200,000 or over a million there is something to fit everyone.

In the north end of Whitby you’ll find the hamlet of Brooklin, which is almost like a little town of its own, although the homes there are still Whitby homes as well. Brooklin has existed for years, but only in the last 10 years or so has it had a real explosion of building. This has been in part due to the growth of the area in general, but even more so to do with the 407 ETR highway. This is a toll highway that runs from the north side of Toronto in the west through to the area west of Brooklin. If it wasn’t for the 407 I’m sure Brooklin would still be a sleepy little hamlet instead of the teaming with life area that it is right now.

If you’re looking at Whitby homes either in the north Brooklin area, the area surrounding the quaint downtown area or the Port of Whitby area you can’t go wrong. Whitby is a town with much to offer, but don’t tell too many people, I want to take advantage of the reasonable property price now before the masses find out what I already know.

If you’re are interested in what that average price of real estate was in Oshawa, Whitby, Bowmanville or any other part of the region take a look at the graph below.

I’ve also taken a look at how these deals were distributed throughout the region… which as you may expect seems to be closely tied to population with Oshawa, Whitby, and Ajax holding the majority:

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The DRAR Blog has Moved!

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DURHAM HOMES ARE IN DEMAND

Link:
REALTORS®: A FAIR LTT REBATE FOR FIRST TIME HOME BUYERS

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Spring Market Starts to Bloom

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REALTORS® URGE CANDIDATES TO STRENGTHEN HOME OWNERSHIP

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Dream of home ownership alive and well in Ontario

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Spring Market Heating Up