You may want to immediately assume that all of the commuters are travelling to Toronto for work, but there are plenty of employment opportunities in the surrounding Durham region, which accounted for 196,713 jobs in 2017. Whitby is situated in between Ajax and Oshawa, and together these are the three most important economies in Durham.
Some experts expect that Durham Region will be one of the fastest growing parts of Canada over the next 25 years. Its total population in 2017 was 682,378, and that’s projected to grow to 934,187 by 2041.
Its position between Ajax and Oshawa means that it is part of the Highway of Heroes side of the 401 Expressway. This is great news for investors because commuting is becoming an ever increasing reality for working professionals. This is because as the city continues to expand, its employment centres are spreading out with it.
This city also has a great history that can be seen on every corner. The streets are lined with charming houses and turn of the century buildings. It was initially founded because of its tremendous natural port on Lake Ontario, and its marina, which is still active today.
Just north of the lake is the urban centre of the city. This is mostly lined along Brock Street, which is divided by Dundas Street into North and South stretches. The city becomes a lot more rural as you travel northward, but housing developments, including condominium townhome developments, are becoming prevalent in the city.
Whitby is a city on the rise. It has a great sense of community that plenty of urban workers are still looking for. This could be the perfect place for your next investment.