Not only does the city of Oshawa sit nicely located on the shoreline of Lake Ontario it also boasts the the lowest rates in Ontario hydro. This is particularly good news if you are looking to buy a home or Oshawa Ontario Condominiums . The city was also ranked in the top 25 cities to live in Canada by Money Sense magazine in 2007. If you are looking to make a sound investment you will be very pleased to know that Oshawa ranked first out of ten cities in Ontario for real estate investments. With a twenty minute commute from Oshawa to downtown Toronto many are deciding to buy real estate in Oshawa where it is much more affordable and make the daily drive to work. The cost of a single dwelling two story three bedroom home in Toronto can be near one million dollars and nearer three hundred and fifty thousand in Oshawa.