Oshawa and the surrounding communities offer a lot of opportunities for real estate investors. Whether you’re looking to buy a small apartment building, a few condo units, or even a single-family rental home, you’ll find what you’re looking for in one of the diverse neighborhoods we’re talking about today.
The best neighborhood for you to invest in will depend largely on your investment goals. Make sure you have a clear understanding of why you’re investing and what you hope to gain. This will help you make smart decisions going forward.
As professional Oshawa property managers, we know what will rent well and what will be attractive to tenants. That’s why we recommend these are the best neighborhoods in Oshawa to invest in real estate.
Oshawa Investing: Donovan
Donovan is exactly the right neighborhood for investors who are looking for single-family homes with lots of square footage and well-maintained landscaping. Most of the properties in Donovan were constructed between 1960 and 1980 when the area was enjoying some of its healthiest growth. The neighborhoods are established, the schools are good, and these properties are both attractive to tenants and likely to bring in high rents. Parks, restaurants, and easy parking with little traffic are some of the benefits of this area. Highway 401 is close, and people can commute in and out with ease.
Investing in Vanier, Oshawa
Affordable homes and desirable location details are what make Vanier such an ideal spot to buy an investment property. Here, you’ll find the Oshawa Center shopping mall, and its proximity to major routes makes it a sought-after neighborhood for tenants. Homes here are established, and there’s a selection of single-family homes, semi-detached homes, townhouses, apartments, and other multi-family investment opportunities. Tenants appreciate this neighborhood for its walkability and access to shopping, restaurants, and entertainment.
Oshawa Investing: McLaughlin
Lots of diversity can be found in the McLaughlin housing market. Large, older single-family homes can be found near the Oshawa Golf and Curling Club. There’s lots of green space, including hills and leafy corridors. Bungalows and cottages from every decade of the 20th century can be found from street to street. Investors will want to buy here when they’re trying to attract tenants who are looking for a suburban, comfortable lifestyle.
North Oshawa Investments
Nicknamed “Posh-awa” because of its lovely homes and generally upscale quality of life, investing in North Oshawa is always a good idea. In fact, the further north you go, the better the homes and the higher the price tags. This will mean a more expensive investment for buyers, but the higher rents and the exceptional tenant quality will deliver a strong return on investment.
Investing in Whitby
While not located in Oshawa, we welcome investors to consider taking a look at Whitby. Taunton North in Whitby is another outstanding opportunity for investors in this region. There are new roads, new schools, and a lot of new development that draws tenants who are willing to pay high rents to live here. It’s close enough that residents can commute to Toronto if they want.
There are lots of other neighborhoods we can talk about if you’re ready to invest in Oshawa. Talk to us about your investment goals, your real estate experience, and what you’re looking for in a rental home. We can help you identify the right opportunities.
Please contact us at Investor’s Choice Property Management. We provide property management in Oshawa, Whitby, Courtice, Bowmanville, Pickering, Ajax, and communities in the regions of Durham and Clarington.