Located on the shores of Lake Ontario, Oshawa is now on the radar for many buyers looking to move from the densely populated GTA making it one of Ontario’s faster-growing cities. This is amazing for the residents of Oshawa who will inevitably see their wealth grow through home appreciation. This is also amazing for new residents who can find affordable housing in a great community to raise their families. With a population of 402,000 (2021) and a growth rate of + 3%, we can expect Oshawa to soon become one of the hotspots in Canada for real estate. At the time of writing this, the average home price in Oshawa is $1,060,000 (almost $250,000 less than other hot spot cities) making it a very attractive place to live.

While prices in Oshawa continue to climb, buying or refinancing would not be easy to achieve without the help of an Oshawa Mortgage Broker. Sure, the major banks will be great for some, but they just don’t have the flexibility to help boost affordability for those looking to stretch their income further. This is mainly due to tight regulations and guidelines that they cannot waver from. With an Oshawa Mortgage Broker, the entirety of our business is to build lending relationships and grow the portfolio of banks, credit unions and trust companies that can offer you what you need to achieve your goals.

As an Oshawa Mortgage Broker, we don’t provide options for new buyers only, but existing homeowners too. Homes have appreciated exponentially, and what better time to take advantage of using that equity to grow your wealth further? Over 50% of homeowners in the year 2021 either contemplated, or took actions on, pulling equity from their homes.