Ontario is home to some of Canada's most affordable neighbourhoods, but that's beginning to change for one city in particular.
According to a new report from Strata.ca, Oshawa's condo market is blowing up more than anywhere else in the GTA — even more than Toronto!
The report says that Oshawa's condo sales went up by nearly 50% since last February, miles above the average property value growth in Mississauga (6%), Brampton (11%), Vaughan (5%), and Toronto (3%) combined.
The average condo in Oshawa costs $483,000 according to the report — which, compared to Toronto's average of $722,00, is a great deal.
"Oshawa is no longer that sleepy bedroom community you once knew," said Strata's Broker of Record Robert Van Rhijn.
"I used to hear a lot of Toronto homebuyers swear they’d never go past Pickering. But with today’s remote working options, I’m seeing more clients push their geographic boundaries and wonder what’s further east."