What is the average home price in Oshawa?

The average home price in Oshawa was $716,411 in March 2026, a 6.9% decrease from March 2025. The MLS HPI benchmark price was $734,300. Detached homes averaged $779,762 while condo apartments averaged $331,075. 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 March 2026 prices, a household income of approximately $157,200 is needed to qualify for a mortgage on the average Oshawa home, assuming 20% down, a 5.99% 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 $779,762 in March 2026 compared to over $1.6 million 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 $716,411, the Ontario LTT is approximately $10,803. 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.

Key takeaways — Oshawa Housing Market March 2026:

Average home price: $716,411 (-6.9% year-over-year)
Detached homes: $779,762 — the lowest in the GTA
Condo apartments: $331,075 — the cheapest GTA condo market
Income required for average home: $157,200 (20% down, stress test)
Market conditions: buyer’s market — sales down 13.6% YoY
No Toronto Municipal Land Transfer Tax — only provincial LTT applies

Oshawa Housing Market Report — March 2026

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).

March 2026 data from the Toronto Regional Real Estate Board (TRREB) shows continued year-over-year price softening with sales volumes declining across most segments.

Key Highlights — March 2026 (TRREB):

Average home price: $716,411 (-6.9% year-over-year)
MLS® HPI Benchmark price: $734,300 (-9.8% year-over-year)
Total sales: 159 (-13.6% year-over-year)
Detached: $779,762 (-6.7% YoY)
Semi-detached: $629,516 YoY limited sample
Townhouse (freehold): $731,083
Condo Townhouse: $530,688
Condo Apartment: $331,075
Market: buyer’s market conditions

Oshawa Home Prices by Type — March 2026

Home Type	Average Price	YoY Change
All Residential	$716,411	-6.9%
Detached	$779,762	-6.7%
Semi-Detached	$629,516	—
Freehold Townhouse	$731,083	—
Condo Townhouse	$530,688	—
Condo Apartment	$331,075	—

Market Metrics — March 2026

Metric	Value
Total Sales	159
Sales YoY	-13.6%
MLS HPI Benchmark	$734,300
Benchmark YoY	-9.8%
Detached Sales	117
Data Source	TRREB (Toronto Regional Real Estate Board)

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 (80%)	Income Required
All Residential	$716,411	$573,129	$157,200
Detached	$779,762	$623,810	$169,400
Semi-Detached	$629,516	$503,613	$140,400
Freehold Townhouse	$731,083	$584,866	$160,000
Condo Townhouse	$530,688	$424,550	$121,400
Condo Apartment	$331,075	$264,860	$82,800

Key Trends — Oshawa March 2026

GTA’s Most Affordable Freehold Option: At $779,762 for a detached home, Oshawa is the lowest-priced major GTA market for full detached housing. Comparable detached homes cost over $1.0M in Brampton, $1.4M in Mississauga, and $1.6M in Toronto. For families requiring a detached home within the GTA commuter orbit, Oshawa offers an unmatched entry point.

Buyer’s Market Deepening: Total sales of 159 (-13.6% YoY) and a benchmark price down 9.8% confirm Oshawa is in buyer’s market territory. The correction from the 2022 peak has been among the sharpest in the GTA, reflecting how dramatically Oshawa overshot on the upside during the pandemic surge. Long-term buyers are now well-positioned.

GM and Automotive Anchor: GM’s Oshawa Assembly Plant — which restarted production in 2021 with the Silverado pickup truck — provides significant blue-collar employment and supports demand for detached family homes. Ontario Tech University (16,000+ students) 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. The Lakeshore East GO Expansion (two-way all-day service) is a Metrolinx priority and will, when delivered, substantially improve the Oshawa-Toronto commute.

Condo Market Remains Cheapest in GTA: Condo apartments at $331,075 average represent the lowest-priced GTA condo market by a significant margin. This offers an entry point for buyers priced out of Hamilton ($409k), Brampton ($434k), or Toronto proper ($648k).

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 $716,411 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–$716,411	2.0%	$6,328
Total		≈ $10,803

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) — March 2026 Market Watch
Data period: March 1–31, 2026