What is the average home price in Oshawa?

The average home price in Oshawa was $693,677 in July 2026, down 5.8% from July 2025 and down 4.52% from June 2026. The MLS HPI benchmark price was $711,400, down 6.47% year-over-year. Detached homes averaged $781,170 while condo apartments averaged $328,364. Oshawa is one of the GTA's most affordable freehold markets.

How much income do you need to buy a home in Oshawa?

Based on July 2026 prices, a household income of approximately $152,500 is needed to qualify for a mortgage on the average Oshawa home, assuming 20% down, a stress-tested qualifying rate, and a 25-year amortization. A detached home requires approximately $169,400 in household income.

Is Oshawa affordable compared to Toronto?

Yes — Oshawa is one of the GTA's most affordable freehold markets, with detached homes averaging $781,170 in July 2026 compared to $1,291,690 in Toronto. Oshawa offers GO Train access to Union Station and is home to Ontario Tech University and Durham College.

What is the land transfer tax in Oshawa?

Oshawa buyers pay only the Ontario provincial land transfer tax — there is no municipal land transfer tax. On a home at the average price of $693,677, the Ontario LTT is approximately $10,349. First-time buyers in Ontario receive a rebate of up to $4,000.

Is Oshawa a good place to buy a house in 2026?

Oshawa offers excellent value for GTA buyers seeking detached homes under $800,000. The market has corrected significantly from 2022 peaks, creating buyer-favorable conditions. With GO Train access to Toronto, two post-secondary institutions (Ontario Tech, Durham College), and GM's assembly plant providing employment, Oshawa has solid fundamentals for long-term buyers.

What are the best neighbourhoods in Oshawa to buy a home?

Top Oshawa neighbourhoods include McLaughlin (prestigious, heritage homes), Samac/Northwood (family-friendly suburbs), Kedron (newest development), Lakeview (waterfront), and Windfields (near Ontario Tech). Each offers different price points from entry-level to premium.

Oshawa Housing Market: July 2026 Prices, Trends & Data

Data as of July 2026 Released August 2026 · TRREB

Key takeaways — Oshawa Housing Market July 2026:

Average home price: $693,677 (-5.8% YoY, -4.52% MoM)
Detached homes: $781,170 — among the lowest in the GTA
Condo apartments: $328,364 — among the cheapest GTA condo markets
Income required for average home: $152,500 (20% down, stress test)
No Toronto Municipal Land Transfer Tax — only provincial LTT applies

Oshawa is Durham Region’s largest city with a population of approximately 170,000, situated on Lake Ontario 75 km east of Toronto via Highway 401. Long known as a manufacturing and automotive hub — General Motors of Canada was founded here and still operates a significant assembly plant — Oshawa has diversified its economy with Ontario Tech University, Durham College, a growing tech sector, and a large public sector employment base. It is one of the GTA’s most affordable markets for freehold homes, drawing first-time buyers and families who commute to Toronto via Durham Region Transit or GO Train (Oshawa GO Station).

July 2026 data from the Toronto Regional Real Estate Board (TRREB) shows continued price softening both year-over-year and month-over-month.

Key Highlights — July 2026 (TRREB):

Average home price: $693,677 (-5.8% YoY, -4.52% MoM)
MLS® HPI Benchmark price: $711,400 (-6.47% year-over-year)
Total sales: 177
Detached: $781,170 (-3.24% YoY)
Semi-detached: $595,339 (-5.38% YoY)
Townhouse (freehold): $624,960 (-10.63% YoY)
Condo Townhouse: $476,179 (-13.67% YoY)
Condo Apartment: $328,364 (-8.05% YoY, +3.91% MoM)
Market: buyer’s market conditions

Oshawa Home Prices by Type — July 2026

Home Type	Home Price	Y/Y Change	M/M Change
All Residential	$693,677	-5.8%	-4.52%
Detached	$781,170	-3.24%	-0.9%
Semi-Detached	$595,339	-5.38%	-5.64%
Freehold Townhouse	$624,960	-10.63%	-3.8%
Condo Townhouse	$476,179	-13.67%	-6.58%
Condo Apartment	$328,364	-8.05%	+3.91%

Market Metrics — July 2026

Metric	Value	Year-over-Year Change
Total Sales	177	N/A
New Listings	449	N/A
Average Days on Market	43	N/A
Sales-to-New-Listings Ratio	39.7%	N/A
Months of Supply	3.5	N/A
Sale-to-List Price Ratio	100%	N/A

Income Required to Buy in Oshawa

The table below shows the gross annual household income required to qualify for a mortgage in Oshawa, using OSFI stress test guidelines.

Assumptions: 20% down payment, 3.99% contract rate (5.99% qualifying rate), 25-year amortization, GDS ratio of 32%, property tax $354/month, heating $150/month.

Home Type	Home Price	Mortgage	Income Required
All Residential	$693,677	$554,942	$152,541
Detached	$781,170	$624,936	$169,397
Semi-Detached	$595,339	$476,271	$133,595
Freehold Townhouse	$624,960	$499,968	$139,302
Condo Townhouse	$476,179	$380,943	$110,639
Condo Apartment	$328,364	$262,691	$82,161

Key Trends — Oshawa March 2026

GTA’s Most Affordable Freehold Option: At $781,170 for a detached home, Oshawa remains one of the lowest-priced major GTA markets for full detached housing. Comparable detached homes cost over $1.0M in Brampton, $1.25M in Mississauga, and nearly $1.3M in Toronto. For families requiring a detached home within the GTA commuter orbit, Oshawa offers an unmatched entry point.

Freehold Townhouse Softens the Most: The freehold townhouse segment posted the steepest year-over-year decline of any Oshawa property type at -10.63%, followed by condo townhouses at -13.67%. Detached homes were comparatively resilient at -3.24% YoY.

GM and Automotive Anchor: GM’s Oshawa Assembly Plant provides significant blue-collar employment and supports demand for detached family homes. Ontario Tech University and Durham College create a stable rental demand base for condo and townhouse investors.

GO Train Accessibility: Oshawa GO Station on the Lakeshore East line connects to Union Station in approximately 80–90 minutes, making daily Toronto commuting feasible.

Condo Market Remains Among the Cheapest in the GTA: Condo apartments at $328,364 average represent one of the lowest-priced GTA condo markets, though prices ticked up 3.91% month-over-month even as the year-over-year trend remains negative.

Notable Neighbourhoods in Oshawa

McLaughlin: One of Oshawa’s most prestigious areas. Named after the McLaughlin family (founders of GM Canada). Mature tree-lined streets, large lots, heritage character homes. Detached $800k–$1.1M.

Samac / Northwood: North Oshawa suburban neighbourhood. Mix of newer detached subdivisions and townhomes. Strong school catchments, parks, easy Highway 407 access. Detached $700k–$950k; townhomes $580k–$700k.

Kedron: Newest and fastest-growing Oshawa district in the north end. Major new construction activity. Modern detached from $750k–$1.0M; new townhomes $580k–$680k.

Lakeview: Established lakefront neighbourhood on Lake Ontario in south Oshawa. Mix of older bungalows and some infill. Waterfront access; affordable detached from $600k–$850k.

Vanier / Central Oshawa: Affordable urban core. Mix of older single-family detached and semi-detached. Entry-level detached from $550k–$750k. Close to Ontario Tech’s downtown Oshawa campus.

Windfields: Mid-Oshawa master-planned community near the Ontario Tech main campus. Newer builds, strong rental demand from students and staff. Detached $750k–$1.0M; townhomes $560k–$700k.

Taunton: West Oshawa near the Whitby boundary. Fast-growing area with newer suburbs and proximity to Highway 407 employment lands at Harmony/Taunton. Detached $720k–$950k.

Ontario Land Transfer Tax — Oshawa

Ontario LTT on a $693,677 home:

Portion	Rate	Tax
First $55,000	0.5%	$275
$55,001–$250,000	1.0%	$1,950
$250,001–$400,000	1.5%	$2,250
$400,001–$693,677	2.0%	$5,874
Total		≈ $10,349

No municipal land transfer tax applies in Oshawa — only the provincial Ontario LTT.

First-time buyers may qualify for the Ontario LTT refund of up to $4,000.

Data Sources

Toronto Regional Real Estate Board (TRREB) — July 2026 Market Watch
Data period: July 1–31, 2026