Is Bowmanville A Good Place To Invest?
“We’ve been investing in the Bowmanville area for over 3 years and we finally have the thumbs up from one of the most respected names in the television business. Even Oprah says Bowmanville is a great place to invest.”
Here are three reasons we continue to invest in this great city. Cash Flow, the expansion of the 407 and the Go Train extension to this highly sought after community.
Months after television trucks rolled into town with cameramen and producers in tow, the unassuming community of 43,000 people about an hour’s drive east of Toronto will find itself thrust into the national spotlight with the second season debut of “Million Dollar Neighbourhood.” (Oprah Winfrey Show).
Bowmanville is a family-friendly town and among the many community events, it hosts three main festivals during the warmer months and two main events during cooler weather. Spring and summer events include Maple Festival and All That Jazz, Fabulous Fifties Festival, and Midnight Madness. Fall and winter events include Apple Festival and Craft Sale, and Moonlight Magic featuring the Christmas tree lighting ceremony. The Bowmanville Santa Claus Parade has been held annually on the third Saturday of November since 1961.
Downtown Bowmanville has never looked better – new interlocking brick sidewalks, pedestrian friendly curb bump and historical lighting make shopping downtown a treat. You can also park for two hours free at any municipal lot. Historic downtown Bowmanville has everything from antiques to designer clothing on a picturesque and easily accessible main street. With a town bus service that stops in the heart of the business area, friendly local merchants, and the wide variety of goods and services available, there’s no need to shop any place else.
Bowmanville has become a “bedroom community” as most of its citizen’s work outside of the town, commuting to work in nearby Oshawa and many in Toronto. They commute using Highway 401 or the commuter train GO Train which leaves from Oshawa.
This service is to be expanded to Bowmanville shortly, not to mention the 407 expansion.
From an investor’s view Bowmanville’s purchase price falls right in the “sweet spot” ranging from $250,000- $320,000 for newer single family dwellings. Expected rent prices are in the range of $1600-$1800+ as some of our investors have experienced.
To view homes in the Bowmanville area– contact your coach.
