Oshawa lies in Southern Ontario, east of downtown Toronto. It’s commonly viewed as the eastern “anchor” of the Greater Toronto Area (GTA), and is the largest municipality in the regional municipality of Durham. The average home price in the area is currently $782,227 as of October, but there are plenty of homes in the area available for $500,000 or less.
Prospective buyers should conduct further research and pricing analysis for the homes and neighbourhoods that match their financial circumstances and lifestyle needs to guide their individual decisions. The content is not intended to solicit buyers or sellers currently under contract with a brokerage.
Tips for Buying a Home in Oshawa
Home sales have fallen across Canada recently, but that doesn’t mean that the potential for competition when buying is completely gone. There are some successful strategies that buyers can use when looking to secure their first home in the Canadian housing market.
The first, and arguably the most important step, is selecting the right agent to represent you. Your agent should do much more than finding and showing you properties. The best agent for any buyer is one who understands the unique complexities of your neighbourhood’s market. They can inform you of the best negotiation practices and offer strategies that will help you come out on top in a bidding war. They’ll also be a helpful resource for connecting you to the right professionals, like mortgage brokers, movers, and lawyers, that will make your purchasing experience more seamless. This team of professionals will be invaluable for you when it comes to financing your purchase and can even help you navigate first-time buyer incentives.
Understanding the stages of buying is another thing prospective buyers can do to set themselves up for success. There are a lot of moving parts when it comes to buying a home, so it’s a good idea to get familiar with the different stages of buying a property before you get started. For a more in-depth guide on how to purchase a property from start to finish, you can download our Home Buyer’s Guide here.
1. 329 Simcoe Street South – $399,000
Property details:
- 5 beds, 4 bathrooms, 3 parking
- Detached
- Walking score 67/Transit score 55
Live and work in this detached home that has two residential units. There’s an upper-level apartment with four bedrooms, and a back unit apartment for a separate tenant as well.
View the listing here.
2. 510 – 44 Bond Street West – $419,000
Property details:
- 1 bed, 1 bath, 1 parking
- Condo apartment
- Walking score 88/Transit score 56
This gorgeous unit is perfect for either a first-time homebuyer or an investor. Close to multiple amenities and restaurants, the building has its own gym and party room.
View the listing here.
3. 105 – 1100 Oxford Street – $399,900
Property details:
- 4 beds, 1 bath, 1 parking
- Condo townhouse
- Walking score 53/Transit score 43
This townhouse was recently painted and had new flooring throughout. There’s a finished basement for extra living space and it has a fully fenced backyard perfect for enjoying summer days.
View the listing here.
4. 108.5 Olive Avenue – $449,900
Property details:
- 2 beds, 1 bath, 0 parking
- Townhouse
- Walking score 51/Transit score 53
Located directly across from Cowan park and completely renovated with new plumbing, electrical, and flooring, this could be the perfect starter home or an investment opportunity.
View the listing here.
5. 30 – 350 Camelot Court – $489,000
Property details:
- 3 beds, 2 baths, 2 parking
- Condo townhouse
- Walking score 30/Transit score 45
Talk about bright and airy! This beautiful home has been recently renovated. The eat-in kitchen is connected to the living/dining room, which opens onto a large, new deck overlooking the ravine at the back.
View the listing here.
6. 453 Cromwell Avenue – $498,000
Property details:
- 3 beds, 1 bath, 5 parking
- Detached
- Walking score 56/Transit score 53
This home is perfect for first time buyers. It has a spacious backyard that a dog or a couple of kids would love to run around in and easy access to the back deck from the kitchen. There are plenty of schools and amenities nearby as well.
View the listing here.
7. 144 Colborne Street East – $499,900
Property details:
- 3 beds, 1 bath, 4 parking
- Detached
- Walking score 49/Transit score 55
Tastefully upgraded, this three-bedroom home is just steps from the redeveloping town core. The bathroom and kitchen have been recently renovated, and check out that charming french door leading to the backyard!
View the listing here.
8. 229 – 50 Richmond Street East – $499,900
Property details:
- 2 beds, 2 baths, 1 parking
- Condo apartment
- Walking score 86/Transit score 56
This updated condo has two huge balconies which are perfect for entertaining, which you can walk out to from the living room and the primary bedroom respectively. The building has lots of amenities including a pool, gym and billiards room.
View the listing here.
9. 770 Phillip Murray Avenue – $500,000
Property details:
- 3 beds, 2 bath, 2 parking
- Detached
- Walking score 29/Transit score 38
This fully detached bungalow has a large living room and a breakfast nook. On the lower level, you’ll find a kitchenette and a recreation room with a fireplace and wet bar. There’s also an in-ground swimming pool in the backyard for the summer months.
View the listing here.
10. 57 – 966 Adelaide Avenue East – $500,000
Property details:
- 3 beds, 2 baths, 2 parking
- Condo townhouse
- Walking score 18/Transit score 40
This stunning three-bedroom home has an open concept kitchen that leads into the dining room. The finished basement has a walkout right to the backyard, and did we mention that a pool is included in the condo fees?
View the listing here.
If you’re looking to call one of these gems your home, download our free buyer’s guide and contact a Zoocasa agent today.
