Located to the east of Toronto and with a station on GO transit’s Lakeshore East line, Oshawa is a growing and popular choice for people looking for new homes.
Long associated with the automotive industry which still plays a large role in the city, Oshawa has grown and redefined itself and is now also known as a hub for education and health sciences. Two universities call the city home and the influx of students offers lots of potential for real estate investors as there is a steady influx of potential renters each year.
Another big appeal of the city is the price of real estate. As it is east of Pickering, Ajax and Whitby, Oshawa tends to have lower real estate prices than those cities. However, with excellent transit options and top-quality amenities in the city, residents have a great quality of life and it seems likely that those prices will rise in the future.
The city stretches from the shores of Lake Ontario at its southern edge to rural Durham in the north and there is a great range of home types available. The north end of the city is where a lot of the low-rise developments are found, with many new townhomes and new detached homes built in the recent past and more planned in the near future. Close to the city centre and highway 401, new Oshawa condos are being developed and providing additional affordable homes in the area.
For more about new homes and condos in Oshawa, look through the listings on this page and register with us for help buying your dream home.