Apartments For Sale In Oshawa

Captivating Condos for Sale in Oshawa: Make Your Smart Investment Choices Now

Oshawa, the largest municipality in the Durham region, is widely referred to as the eastern anchor of the GTA and the Golden Horseshoe. The city is now mainly recognised as a health and Education hub. Though the town recently had a setback in its automotive sector, being home to many universities and technologies, it is still considered a significant job hub. With the advantage of international students, moderate weather, and its geographical placement, condos for sale in Oshawa are gaining popularity among investors and homebuyers.

What Do the Statistics Say About the Real Estate Market in Oshawa?

The average cost of houses for sale in Oshawa is reflected as $ 793,974 on the new listing in Oshawa. With 57 condos listed, the average selling price of an Oshawa condo for sale is $ 378,969 . Recent market trends indicate a slight decline in the average prices of the same over the last year. Yet, the average number of days an Oshawa condo is on the market is only 17 days, indicating a steady demand.

The average sold price of Oshawa condos for sale has increased by 79.16% over the last five years and by +125.17% over the previous decade. These numbers suggest that property value appreciates over time, which is a big yes from an investment point of view.

The cost of an entry-level affordable condo for sale in Oshawa starts at $400,000, whereas it is $3 to $7 million for a luxury condo.  

Oshawa Condo, an Ideal Deal for Homebuyers and Investors

Condos for Sale in Oshawa Are Calling Investors

Oshawa has a strong labour force and student population, which is an excellent combination for earning returns as rent. A significant level of construction has been happening in Oshawa since 2023, a pointer of demand for condos for sale in Oshawa. The market is also in favour of buyers and investors. The rise in population and expansion of the health care and education sectors are good signs for investing in the condo market. Oshawa is promoting its residents to invest in downtown and as a support, the city offers zero development charges on Downtown Oshawa developments.

Thriving Job Market of Oshawa

• Oshawa was known as the automotive hub of Ontario. Though GM motors, the largest employer of the city, slashed its shifts, the town is no short of job openings. Skilled labourers are still in high demand in these industries.
• There is a high demand for software developers, cybersecurity professionals, network engineers, Ethical hackers, semiconductor professionals, and AI and machine learning engineers. It is an intelligent move for the computer geniuses to own a space to live in Oshawa.
• Oshawa, being a learning hub, is generous with teaching jobs. There are openings in Montessori schools, public and private elementary and high schools, and lecturers and professors in colleges and universities. Special education teachers, who support children with special needs, are also in high demand. If you have pedagogical degrees, an open house on a condo for sale in Oshawa is worth a look.
• Numerous job opportunities are provided in Oshawa's healthcare sector. Doctors, registered nurses, nurse practitioners, lab technicians, radiologists, and pharmacists have grand openings and roles in hospitals and private clinics. These healthcare sectors also have job openings for housekeeping and maintenance workers. An ideal house for an Oshawa healthcare professional can undoubtedly be an Oshawa condo for sale or rent.
• Are you not from the above job sectors? Don't worry; Oshawa condo owners are also welcomed with employment in marketing, management, and even startups.

Navigate with Ease and Peace

Although the area of Oshawa is only 145 km², just 20% of Toronto's, it has a deep-sea port, the Port of Oshawa, and a general aviation airport, the Oshawa Executive Airport. With favourable traffic, Highway 401 takes Oshawa to the provincial capital in an hour. There are two rail systems, GO Transit and VIA Rail, the latter of which takes its commuters to long distances and other parts of Canada.

Hospitals and Medical Care

Lakeridge Health Oshawa safeguards healthcare in Oshawa. It is the largest in the Durham region, providing critical care, surgical services, a mental health centre, Cancer and palliative care, and a dialysis wing. In addition, the area has medical clinics and community health centres.

A Nearby Fun-Filled Spot for a Weekend, Entertainment Assured

A condo for sale Oshawa cannot attract the significant attention of youngsters, families with children, and retired people, with its built quality alone. It is not only the premium features of a condo that are evident, but also whether it has sufficient resources to spend a weekend or an evening fruitfully. Even though most people love to travel to faraway destinations to spend vacations, a majority prefer to stay in their hometown and do something entertaining. Parents often look for a park or a show that will entertain their children when they do their weekly shopping or more. So, looking for a comfortable zone for the weekend that doesn't drain your pocket is essential.

Canadian Tank Museum / Ontario Regiment Museum

The Tank Museum was established in 1980 and showcases the evolution of the Ontario Regiment, the Royal Canadian Armoured Corps. The museum has vehicles in the categories of Logistic Vehicles, Light Armour, Heavy Armour, and Restoration Projects on display. The museum organises Tank demonstrations annually, an unparalleled experience not only for adults but also for children.

Parkwood National Historic Site

It is a national historic site with a 55-room mansion that was the home of R.S. McLaughlin, founder of General Motors of Canada. It features early 20th-century Beaux-Arts architecture and meticulously maintained 12 acres of garden. The generously built mansion and its surroundings are an excellent choice for leisure with family and children. Additionally, Oshawa condo residents can book this place for weddings, photo shoots, social and corporate events. 

The Robert McLaughlin Gallery

The Robert McLaughlin Gallery (RMG) is the most extensive public art gallery in the Durham region. It features both permanent exhibits and seasonal exhibitions. The museum has the largest collection of Painters Eleven works, and 3,500 images from The Thomas Bouckley Collection, showcasing the history of Oshawa.

Purple Woods Conservation Area

This 17-hectare natural space includes a sugar shack trail, a Discovery walk, and Oak Ridges trail access. The location offers hiking, biking, and birdwatching. A maple syrup festival is conducted here annually.

Canadian Automotive Museum

It is an excellent place for vehicle-enthusiastic Oshawa condo residents to witness the display of vintage cars. The museum includes the Fossmobile car, Canadian, American, British, and European cars, and motorcycles of various origins. It also has the most extensive collection of documents corresponding to Canadian vehicles from the early 1900s.

Oshawa Zoo & Fun Farm

This farm, opened in 1993, has a mix of exotic and domestic animals. Children can interact with these animals through fence feeding and petting. School trips, picnics, and birthday parties can be hosted here. Pony rides are an added attraction.

Best Neighbourhoods To Buy Condos for Sale in Oshawa

Your half-search is complete when you identify an appropriate neighbourhood for an Oshawa condo. However, there are specific key points to consider while choosing your neighbourhood.

• How much is your budget for Oshawa houses for sale?
• Are condo apartments or condo townhouses for sale in Oshawa that suit your lifestyle?
• Do you want a busy or a calm place to live?
• Do you have kids or need a property near top-rated schools?
• Do you work from home? If not, how far is your office or workplace, and how much time do you prefer to travel in a day to reach your office?
• The walkability score is important if you plan to walk and meet up with your daily errands.
• If you are a university student on rent, the distance to college is a concern.
• How close do you need a park or a hospital?

If your mind is not clear, attend open houses with an expert real estate agent, go for a walk in the neighbourhood to get the real vibe of the area, or you may even ride in your car at different times of the day to check the traffic levels. Some notable neighbourhoods of Oshawa are listed below.

Windfields

This densely populated area is north of Urban Oshawa, near the Northwood, Samac, and Kedron regions. The neighbourhood's proximity to Durham College makes it a highly preferred area among youngsters and college goers. This locality has a great demand for condos for sale and apartments for rent in Oshawa. Costco is located on the premises for the complete shopping experience. This is a very busy locality with a lot of newer construction taking place.

Samac

Durham College and Ontario Tech University are located west of Simcoe Street in the Samac region. This newly formed locality, dating from the early 2000s, has homes of varying price ranges and styles to satisfy the needs of all types of people. Yet, this busy region has plenty of Oshawa condos for sale, probably aimed at those who prefer to stick to a busy lifestyle.

Taunton

This area has properties near top-rated schools in Oshawa. Major schools, such as Maxwell Heights Secondary School, make it a highly desirable area for families with children. The John Aker Northview branch of the Public Library of Oshawa serves the Taunton and Samac residents. Most homes are single-detached, with a sprinkle of Oshawa condos.

Lakeview

The Lakeview region is sandwiched between the Farewell and the Stevenson regions, with the added advantage of the majestic Lake Ontario shores on the south border and 401 highway lanes passing through the north border. Even though Lakeview is one of the oldest neighbourhoods, homes for sale in Oshawa with Lakeview as a neighbourhood show well-maintained houses with affordability as another key factor. The Lakeview Park is in this region, and this neighbourhood has been chosen by first-time buyers, families and retirees.

O'Neil

O'Neil is one of the oldest neighbourhoods in Oshawa. It has a high livability score and excellent schools. The region is recognised for its O’Neill Collegiate and Vocational Institute. Lakeridge Health Oshawa, of the Lakeridge Health network, serves Oshawa and the Durham region. Central Oshawa is just south of this area. By owning an Oshawa condo in O'Neil, people can avoid the rush and hustle of downtown and yet be a part of concerts and festivals when desired.

A Final Reminder on Oshawa Houses for Sale

Since January 2024, the condo market trend in Oshawa has indicated numbers as balanced or as a buyer's market. The trend may change at any point and shift to a seller's market. So, this steadiness in the market is the right opportunity for homebuyers and investors to unleash their money on condos for sale in Oshawa. Buy your condo in Oshawa and save your pennies.