Bowmanville
Why invest In Bowmanville
Bowmanville is a town in southern Ontario in the Durham region with a population of 40,000. It is a part of the Municipality of Clarington and the Greater Toronto Area. It is located east of Oshawa along HWY 401 and it is a growing waterfront community in the GTA. Bowmanville is getting ready for a projected influx of new residents in the next 10 years due to its connectivity and proximity to Toronto and other major cities in the GTA. The community is working on investing in housing and development to prepare for this expected growth in population. Bowmanville’s charming single-family home communities are increasingly attracting investors and home seekers from urban centres seeking the peace and quiet of rural life in the GTA. This high demand reflects in the housing statistics of the last decade. This town’s resale appreciation rate has been 9.7% on average year on year, and this appreciation rate is one the highest in the entire GTA. With his historic growth in resale appreciation rate, Bowmanville’s vacancy rate shows a very promising figure of just 0.7%, attracting investors who are looking for steady returns.
Things To Do In Bowmanville
Bowmanville’s vibrant community culture and events allow residents to discover the town’s unique identity and history. The Bowmanville Zoo was a major attraction in the town until it shut its doors in 2016. This zoo was the oldest private zoo in the country. The Bowmanville Santa Claus Parade is a decades-old tradition that occurs every holiday season in town and it brings families and community members together to celebrate the holiday spirit. Canadian Tire Motorsport Park is another attraction in this town and it hosts many racing events, including major events like NASCAR for residents to indulge in. Bowmanville’s natural spaces and waterfront attractions are scenic and offer a serene contrast from city life. Some parks and waterfront attractions popular in the town are Bowmanville Harbour, Bowmanville Westside Conservation Area, Port Darlington West Beach, Bowmanville Creek Barrier Dam, Valleys 2000 - Bowmanville Creek Fish Ladder and Shinook Adventure.
Education & Employment In Bowmanville
Bowmanville has a very good number of primary and secondary schools run by the Kawartha Pine Ridge District School Board and Peterborough Victoria Northumberland and Clarington Catholic District School Board. It also has an alternative secondary school and private schools. The Trent University and Durham College in the Durham Region offer higher education. Bowmanville’s main industries are manufacturing, energy and government services. Some major employers in this town are Royal Canadian Mounted Police, Goodyear and Bowmanville Foundry. Ontario Power Generation’s headquarters are scheduled to move to the Municipality of Clarington in the near future.
Transit & Connectivity In Bowmanville
Durham Region Transit provides public transit services in Bowmanville and Clarington. Oshawa GO station is the nearest GO Transit station from Bowmanville, and it connects to the east and west corridors of the GTA’s GO Transit network, along with the bus network. There are plans in place to extend GO Transit to Bowmanville with a station in the town. Bowmanville is just off HWY 401, giving residents convenient access to the busiest highway in the region and connecting to the 400 series highways. HWY 115 goes to Peterborough and is also easily accessible. Downtown Toronto is just an hour away from Bowmanville via HWY 401.
Average Condo Price
$100,000
$100,000
Average Townhome Price
$100,000
$100,000
Average Detached Price
$100,000
$100,000
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