List of Pre-Construction Condos & Homes in Oshawa
Formerly renowned as the “Automotive Capital of Canada,” Oshawa has recently undergone substantial transformation, evolving into a flourishing centre for education, culture, and health sciences. Cradled by the gentle waves of Lake Ontario, within the bustling eastern sector of the Greater Toronto Area, this remarkable city artfully merges lively urban life with breathtaking pastoral settings. Here, the search for your ideal home ends, whether it’s the avant-garde pre-construction condos in Oshawa or the latest offerings in modern habitats.
Oshawa Pre-Construction Condo Market Trends 2025
According to our recent data, as of October 2025:
- New pre-construction condos in Oshawa cost around $700 per square foot, depending on location, amenities, and the developer.
- Over the last 30 days, the average selling price for homes in Oshawa was $740,862.
- The annual average property price appreciation in Oshawa is approximately 7.5%.
- The average rental rate in Oshawa is around $1,451 (bachelor unit).
- The vacancy rate is approximately 3.5%.
- Detached homes in Oshawa sell quickly, with an average of 26 days on the market.
- New condos in Oshawa take slightly longer to sell, averaging around 36 days on the market.
- Townhome developments in Oshawa typically sell within 24 days.
Pre-Construction Condos & Homes in Oshawa
Reason to Invest in New Condos in Oshawa
Waterfront charm and Gateway to the GTA
Located just 60 km east of Downtown Toronto, is a prime location for those looking to invest in new homes in Oshawa. The city offers excellent connectivity to the Greater Toronto Area (GTA) via major highways such asย the 401, the busiest highway in North America,ย and 407, as well as convenient public transit options like GO Transit and Durham Region Transit. With several prominent employers located nearby, including General Motors, Lakeridge Health, Durham College, University of Ontario Institute of Technology (UOIT), and numerous tech companies, Oshawa draws professionals seeking affordable yet convenient residential accommodations close to their jobs. Additionally, Oshawa benefits from its unique position along Lake Ontarioโs shoreline, providing residents with direct access to scenic waterfront vistas and associated attractions, making condos for sale in Oshawa a desirable choice.
Architectural Innovation and Sustainability
Contemporary architectural styles in Oshawa incorporate large windows maximizing daylight exposure, expansive balconies extending indoor space outdoors, eco-roofs enhancing biodiversity, green walls reducing carbon emissions, and open-concept layouts promoting air circulation and interaction. The architectural designs blend heritage aesthetics with contemporary elements, providing a unique living experience that caters to a variety of tastes and preferences. This trend is evident in the new pre-construction condos in Oshawa, which feature modern amenities and eco-friendly designs.
Recipe for Real Estate Success
hawaโs real estate market has shown strong growth, driven by its affordable housing compared to the GTA and a robust local economy. The average price of new condos in Oshawa is significantly lower than in Toronto, making it an attractive option for first-time buyers and investors. The cityโs population growth and the influx of students and professionals due toย institutions like Durham College and Ontario Tech University contribute to a steady demand for new homes in Oshawa. This, coupled with the ongoing new developments in Oshawa in key sectors like health sciences, advanced manufacturing, and information technology, indicates a promising investment potential with expected appreciation in property values.
Oshawa Rental and Seller Market 2025
Rental Market
As of October 2025, average rents in Oshawa were about $1,451 for bachelor units, $1,928 for one-bedrooms, $2,308 for two-bedrooms, and $2,570 for three-bedrooms. The vacancy rate for purpose-built rentals has risen to around 2.8โ3.0% (up from roughly 1.8% in 2024), while condos and houses sit slightly higher at about 3.5%. Despite this increase, low turnover continues to keep the market relatively tight, above the 10-year average of 2.7% but still below the balanced range of 3โ5%.
For Q4 2025 (OctoberโDecember), rents are expected to ease another 1โ3%, with vacancy rates rising to about 3.2โ3.5% as new condo rentals enter a slower market. Leasing times may extend by a few days, but lower interest rates could steady demand and lift turnover by 10โ15% QoQ. Oshawaโs strong yields (4%+), job growth, and affordability support resilience, though economic or policy shifts remain risks. By 2026, rents should rise 2โ4% as supply and demand rebalance.
Seller Market
In October 2025, the average home price in Oshawa was $740,862, a 5% drop year over year. Detached homes averaged $823,574 (down 3.7%), while semi-detached homes sold for about $612,775 (down 8.2%). Townhouses averaged $688,275, condo townhouses $546,000, and condo apartments came in at around $409,718.
For the rest of 2025, Oshawaโs housing market is expected to stabilize, with prices rising slightly by 2โ4% in Q4 as lower interest rates boost buyer confidence. Sales may climb around 5% quarter over quarter, and days on market could shorten slightly. Oshawaโs affordability, versus Toronto, continues to attract buyers and investors, supported by GO Transit expansion and solid rental yields. Risks include high provincial inventory and local job uncertainty, which could limit gains. By segment, detached homes may grow about 3%, condos 1โ2%, and townhouses remain steady. Overall, prices could reach $750Kโ$760K by year-end, with a balanced market and steady growth outlook for 2026.
Average Renting and Selling Time in Oshawa
-New Condos
Renting Time for Condos: How long it takes to rent out a condo depends on factors like location, price, and condition. With vacancy rates around 3.5%, well-priced condos in Oshawa usually rent out quickly, often within 28 to 30 days.
Selling Time for Condos: As of the latest data from October 2025, new condos in Oshawa typically stay on the market for about 36 days before being sold.
-New Homes
-Renting Time for Homes: As of October 2025, townhouses in Oshawa typically stay on the market for about 25 days before being rented out, while detached homes rent even faster, usually within 20 to 22 days.
-Selling Time for Homes: As of October 2025, new homes in Oshawa are selling quickly, averaging about 26 days on the market, while townhouses typically sell even faster, around 24 days.
Neighbourhoods
North Oshawa
North Oshawa is a dynamic and growing community where new developments blend seamlessly with rich history. Here, new builds in Oshawa are sprouting up amidst neighbourhoods celebrated for their liveability and unique character.
1. Samac
- Highlights: Home to Durham College and many excellent schools, Samac is a vibrant student community with an 86 score for liveability.
- Perfect For: Students, young professionals, and academic staff.
2. Taunton
- Highlights: A highly livable neighbourhood known for its excellent amenities and employment opportunities boasting a low crime rate.
- Perfect For: Families and those seeking a safe neighbourhood with conveniences.
3. Windfields
- Highlights: Famous for its connection to the famed Windfields Farm, where legendary racehorse Northern Dancer was born and raised. Today, the area reflects a mixture of history and modernity. Close to the university and college.
- Perfect for: Buyers interested in horse racing history, expansive lots, and quick access to higher learning institutions.
Central Oshawa
Discover the heart of the city in Central Oshawa, where history meets modern living. This bustling hub is ripe with pre-construction homes in Oshawa and new condos for sale, offering a slice of urban life with a cultural twist.
1. Downtown Oshawa
- Highlights: The cityโs historic and cultural heart, featuring restaurants, entertainment, and nightlife options
- Perfect For: Individuals and families embracing artistic flair, student life, and urban lifestyle.
2. OโNeil
- Highlights: Known for its historic homes, including bungalows and estate homes. Home to the Oshawa Hospital and Parkwood Estate
- Perfect For: New pre-construction townhouses in Oshawa in this neighbourhood are ideal for residents seeking a central location with character homes and community feel.
3. McLaughlin
- Highlights: A desirable residential area in Oshawa, offering a mix of natural beauty, family-friendly amenities, and a variety of housing options.
- Perfect For: Homebuyers looking for a neighbourhood with history and growth potential.
South Oshawa
South Oshawa offers a serene escape where the gentle lapping of Lake Ontarioโs waves sets a peaceful rhythm for daily life. With new townhome developments in Oshawa taking shape, the area offers a variety of housing options.
1. Lakeview
- Highlights: Located along the shores of Lake Ontario, offering beautiful views and beachfront parks such as Lakeview Park.
- Perfect For: Those who love waterfront living and outdoor activities.
2. Farewell
- Highlights: Primarily residential with access to waterfront trails and parks.
- Perfect For: Nature lovers and those seeking a quieter pace of life.
3. Beaton
- Highlights: Known for a rich array of wildlife. Adjacent to natural reserves like the Oshawa Second Marsh and McLaughlin Bay Wildlife Reserve.
- Perfect For: Individuals who appreciate proximity to nature and wildlife, as well as those working in the nearby companies.
Pros of Living in Oshawa
- Accessible Transportation Network:ย Oshawa enjoys an enviable location, lying approximately 60 kilometres east of Toronto and linked to the rest of the GTA via major highways such as the 401 and 407, as well as public transit options likeย Oshawa GO Transit.
- Scenic Waterfront Beauty:ย Oshawa boasts a spectacular waterfront vista along Lake Ontario, graced by Lakeview Park and its iconic pier, harbour, and boardwalk. Ideal for recreational activities, the park hosts summer concerts, winter skating, and fitness classes, drawing locals and tourists.
- Affordable Housing Choices:ย Oshawa stands out for its affordability in the real estate market. Housing prices in Oshawa are significantly lower than the Ontario average, making it an attractive place for homebuyers and renters. This affordability extends to pre-construction projects in Oshawa, offering a range of options for those looking into Oshawa condos for sale.
- Flourishing Job Opportunities:ย Oshawa is far from mere bedroom community status, thanks to its host of prominent employers in fields like healthcare, automotive, education, and technology. Among others, General Motors, Lakeridge Health, Durham College, and the University of Ontario Institute of Technology anchor Oshawaโs labour force, generating tens of thousands of jobs locally.
- Educational Excellence:ย The cityโs commitment to education is evident with schools in the area showing improvement, according to the Fraser Instituteโs rankings based on EQAO test results. This dedication to quality education makes Oshawa an ideal location for families.
Cons of Living in Oshawa
- Car Dependence and Traffic:ย Oshawaโs layout and urban planning can make it somewhat car-dependent, which may contribute to higher living costs due to vehicle expenses. Additionally, residents may face traffic congestion, particularly during peak hours on major routes like the 401.
- Limited Nightlife and Entertainment:ย Compared to larger cities, Oshawa offers fewer options for nightlife and entertainment, which might be a drawback for those seeking a vibrant social scene.
- Weather Considerations:ย Like much of Ontario, Oshawa experiences cold winters, which can be a con for those not accustomed to or fond of snowy and chilly weather conditions.
Neighborhoods in Oshawa
FAQs About New Condos and Homes in Oshawa
The average price of new condos in Oshawa for October 2025 was $409,718.
New condo developments in Oshawa typically feature modern amenities such as fitness centres, pools, party rooms, rooftop terraces, underground parking, and bike storage. Some buildings also include smart home technologies, green features, co-working spaces, pet grooming stations, yoga studios, and guest suites.
There are several reasons to consider buying a new home in Oshawa in 2025:
- Affordability:ย Compared to the Greater Toronto Area (GTA), Oshawa offers significantly more affordable condo prices. This can be a great opportunity for first-time buyers or those seeking more value for their money.
- Modern living:ย New Oshawa condos for sale offer a modern and low-maintenance lifestyle.
- Community and Amenities:ย New condo developments often foster a sense of community and may offer convenient amenities like on-site gyms or social spaces.
As of October 2025, Oshawaโs average rents range from $1,451 for bachelors to $2,570 for three-bedrooms, with vacancy rates around 2.8โ3.5%. Rents may ease slightly in Q4, but strong yields, job growth, and affordability keep the market resilient.
Oshawa boasts a well-developed public transportation system that includes bus services operated by Durham Region Transit (DRT) and regional train services provided by GO Transit. These services connect various neighbourhoods within Oshawa and provide access to neighbouring municipalities and downtown Toronto.
The โbestโ neighbourhood depends on your priorities. Here are a few areas to consider, each with its own character:
- Downtown Oshawa (DTO):ย Ideal for those seeking a walkable urban environment with shops, restaurants, and cultural attractions nearby.
- Taunton:ย A family-friendly neighbourhood with established communities, good schools, and parks. You might find a mix of condo options here.
- Lakeview:ย An up-and-coming area with a waterfront setting. New developments might offer lake views and proximity to nature trails.
Absolutely, Oshawa possesses numerous schools such as Maxwell Heights Secondary School. Higher education needs are fulfilled by Durham College and the University of Ontario Institute of Technology, both positioned strategically in Oshawa.
Oshawa has seen significant growth, including $1 billion in development and 7,000+ new jobs.ย Northwood Business Park attracts major companies, and the city has a 10-year economic development strategy.
Oshawaโs future development plans include a comprehensive review of its Official Plan to guide long-term growth and development, as well asย Plan 20Thirty, an action plan for Downtown Oshawa.
From 2020 to 2025, residential property prices in Oshawa have grown steadily, averaging around 7.5% per year. This rise has been fueled by strong pandemic-era demand, low interest rates, and an influx of buyers relocating from the GTA.
Typically, the minimum down payment for a condo in Oshawa follows Canadian mortgage rules: 5% for properties up to $500,000, 10% for the portion between $500,000 and $1,000,000, and 20% for properties over $1,000,000.
As of October 2025, condos in Oshawa are selling, though the market is slower and more buyer-friendly. Higher inventory and cautious buyers mean pre-construction incentives are common, and competitive pricing helps move units, especially under $450K. First-time buyers, students, and investors seeking ~4% rental yields continue to drive steady demand.
If your condo is in a prime location, like downtown, near transit, or a campus, or has standout features, and youโre ready to price competitively (around $400K for a one-bedroom), now could be a good time to sell. If you can wait until 2026, when tighter supply and a predicted 5% sales rebound may lift prices 2โ4%, or if your unit isnโt staged to stand out, holding off might be smarter, since buyers have plenty of rental options and peak prices arenโt expected soon.
High condo prices in Oshawa can be attributed to several factors:
- Limited housing supply struggling to meet increasing demand.
- Steady economic development and infrastructural improvements.
- Nearby attraction points, such as proximity to downtown Toronto and Lake Ontario.
- Preferences change towards more spacious condos, thereby pushing up prices.
You can connect with Platinum Condo Deals to receive personalized assistance and updates on new condo developments tailored to your preferences.
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