Park and Lake

POPULATION INCREASE & ECONOMICAL OUTLOOK
Oshawa is home to over 170,000 people and is forecasted to grow to over 190,000 people by the year 2031 while employment numbers are forecasted to increase from 80,000 jobs to 90,000 in the same time period. The rise in population along with more employment opportunities in the upcoming years will make Oshawa an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY & EDUCATION
The city is serviced by Highways 401 & 407, GO Transit and Durham Regional Bus Transit – connecting you to everywhere you need to go with ease. You are also less than 1 hour from Pearson International Airport which is Canada’s largest international airport. Oshawa is also home to THREE Post Secondary Education Institutes with Durham College, the University of Information Technology (UOIT),  & Trent University Durham.

HOUSING NEEDS
Oshawa is a part of Durham Region which has been experiencing tremendous growth. It is estimated that the region will need over 89,000 new homes by 2031, but will only be able to deliver an estimated 65,000 leaving a shortage of over 24,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.

REPUTABLE DEVELOPERS
Founded in 1985, Graywood’s impressive portfolio includes over 31,100 residential lots, low-rise housing, mid- and high-rise condominiums, hotels and retirement residences, with and currently has over 6,000 units (5.2 million sq. ft.) under development with a value of over $4.3 billion.

With over 40 years of experience, Falconcrest Homes have established a proud reputation of excellence in the new homes industry as premium home builders and developers with numerous residential landmarks in Toronto, Brampton, Mississauga, Milton, and more.