New Pre-Construction Homes for Sale in Oakridge, Scarborough

2026 Selling Now

Scarborough

Diamond Kilmer Developments and Diamond Corp

$ 529,900+

Introducing Birchley Park Condominiums Currently in the early stages of construction, Birchley Park Condominiums is a premier...

TBA Coming Soon

Danforth Square Condos & Towns

Scarborough

Forme Development Group

$ N/A

Introducing Danforth Square Condominiums and Townhomes The upcoming Danforth Square Condominiums and Townhomes represent an exciting...

TBA Coming Soon

685 Warden Avenue Condos

Scarborough

Choice Properties

$ N/A

Introducing the New Residential Complex at 685 Warden Avenue Choice Properties REIT presents an upcoming residential tower at 685...

New Homes in Oakridge, Scarborough

Are you ready to build your dream home in a thriving community? Oakridge, Scarborough offers a unique opportunity to own a pre-construction home, tailored to your specifications. Whether you’re seeking a cozy condo, a spacious townhouse, or a luxurious single-family home, Oakridge has something for everyone. Explore the benefits of owning a pre-construction home in this vibrant neighborhood and start your journey to a brighter future.

Oakridge, Scarborough: A Serene Suburban Oasis

Oakridge, a charming neighborhood within the vibrant Scarborough city, offers a peaceful retreat from the urban hustle and bustle.

A Blend of Tranquility and Convenience

Oakridge provides a serene environment with ample green spaces, parks, and trails. Residents can enjoy leisurely walks, picnics, or outdoor sports activities. The neighborhood’s proximity to nature offers a refreshing escape from the city’s noise and pollution.

A Thriving Community

Oakridge boasts a strong sense of community. Residents often organize local events, festivals, and gatherings, fostering a friendly and welcoming atmosphere. The neighborhood’s diverse cultural mix contributes to a vibrant social scene, with various restaurants, shops, and places of worship.

Convenient Living

Oakridge is well-connected to the rest of Toronto. The Scarborough Town Centre, a major shopping and entertainment hub, is just a short drive away. Public transportation options, including buses and the Scarborough RT, provide easy access to downtown Toronto and other parts of the city.

A Promising Real Estate Market

Oakridge offers a variety of housing options, from affordable condos to spacious family homes. The neighborhood’s strong community, excellent schools, and convenient location make it an attractive choice for homebuyers. While the real estate market in Toronto is dynamic, Oakridge’s stable growth and housing demand suggest promising property investment prospects.

By combining the tranquility of suburban living with the convenience of urban amenities, Oakridge offers a desirable lifestyle for families and individuals.

Cost of Living in Oakridge, Scarborough

Housing

Housing Type	Average Monthly Cost
Rental Apartment (1 Bedroom)	$1,500 – $1,800
Rental Apartment (2 Bedroom)	$1,800 – $2,200
Condominium (1 Bedroom)	$1,800 – $2,200
Condominium (2 Bedroom)	$2,200 – $2,800
Detached House (Rental)	$3,000+

Utilities

Utility	Average Monthly Cost
Electricity	$100 – $150
Gas	$100 – $150
Water	$50 – $80
Internet	$60 – $100

Transportation

Transportation	Average Monthly Cost
Public Transit (TTC)	$156 (Adult Monthly Pass)
Car Ownership (Gas, Insurance, Maintenance)	$200 – $400

Groceries

Grocery Category	Average Monthly Cost
Fresh Produce	$150 – $250
Meat and Poultry	$200 – $300
Dairy and Eggs	$100 – $150
Dry Goods	$100 – $150

Dining Out

Dining Out	Average Cost per Meal
Fast Food	$10 – $15
Casual Dining	$15 – $30
Fine Dining	$30+

Other Expenses

Expense	Average Monthly Cost
Phone Bill	$50 – $80
Entertainment	$100 – $200
Personal Care	$50 – $100

Oakridge, Scarborough: A Thriving Real Estate Market

Oakridge, a vibrant neighborhood in Scarborough, Toronto, has seen a surge in real estate activity in recent years. Let’s delve into the current market trends, expert insights, and future predictions to comprehensively understand this dynamic area.

Current Market Snapshot:

Average Sold Price: The average sold price for a home in Oakridge is approximately $1.2 million, with a year-over-year increase of around 10%.
Sales Activity: The market remains active, with a median days on the market of 15-20 days, indicating strong buyer demand.
Inventory Levels: Inventory levels are moderate, suggesting a balanced market with neither a seller’s nor a buyer’s advantage.

Expert Insights:

Real estate experts believe that Oakridge’s strategic location, proximity to amenities, and growing popularity have contributed to its thriving real estate market. Key trends and predictions include:

Continued Price Appreciation: Experts anticipate steady growth driven by strong demand and limited supply in the coming years.
Diverse Housing Options: The neighborhood offers many housing types, including single-family homes, townhouses, and condominiums, catering to many buyers.
Infrastructure Development: Ongoing infrastructure projects like the Scarborough Subway Extension are expected to further boost the area’s appeal and property values.

Market Predictions:

Stable Market: The Oakridge real estate market is projected to remain stable, with steady price growth and consistent demand.
Increased Investor Interest: The neighborhood’s potential for long-term appreciation is attracting investors seeking profitable opportunities.

Data Visualization (Table):

Statistic	May 2024	June 2024
Average Sold Price	$1.1 million	$1.2 million
Median Days on Market	20 days	15-20 days
Inventory Level	3 months	3 months

Navigating Oakridge, Scarborough: Your Transportation Guide

Oakridge, Scarborough, offers diverse transportation options to suit every lifestyle. Here’s a breakdown of your commuting choices:

Public Transit:

TTC: The Toronto Transit Commission provides extensive bus and subway services connecting Oakridge to the broader city. The Scarborough RT, a light rail transit line, runs through the neighborhood, making it easy to access major destinations.
GO Transit: For longer commutes, GO Transit offers train and bus services to various locations, including Union Station.
User Experience: The TTC can be reliable, but peak-hour congestion can lead to delays. The Scarborough RT, while convenient, may experience occasional disruptions.

Cycling and Walking:

Oakridge boasts a network of bike lanes and pedestrian paths, making it a great place for cycling and walking.
Consider using bike-sharing services like Bike Share Toronto for flexible and eco-friendly transportation.

Driving:

Major Roads: Major roads like Kingston Road and Lawrence Avenue East intersect Oakridge, providing easy access to other parts of Scarborough and Toronto.
Parking: On-street parking is available in residential areas, while paid parking lots and garages are available in commercial areas.

Tips for New Residents:

TTC Pass: Consider purchasing a monthly or weekly TTC pass to save on fares.
Plan Your Route: Use the TTC app or Google Maps to plan your routes and avoid delays.
Bike Safety: Wear a helmet and follow traffic rules while cycling.
Carpool: Carpooling can reduce traffic congestion and save on fuel costs.

A Seasonal Guide to Oakridge, Scarborough

Oakridge experiences a diverse range of weather conditions throughout the year. Here’s a month-by-month breakdown:

Spring (March-May):

Weather: Mild temperatures, occasional rain showers, and blooming flowers.
Activities: Outdoor walks, gardening, exploring local parks.

Summer (June-August):

Weather: Warm to hot temperatures, sunny days, and occasional thunderstorms.
Activities: Swimming at local pools, picnics in parks, attending community events.

Fall (September-November):

Weather: Pleasant temperatures, colorful foliage, and crisp air.
Activities: Hiking, pumpkin picking, attending fall festivals.

Winter (December-February):

Weather: Cold temperatures, snowfall, and icy conditions.
Activities: Winter sports like skiing and snowboarding, ice skating, cozying up indoors.

Weekend Getaways from Oakridge, Scarborough

Oakridge’s prime location offers easy access to various weekend getaway destinations:

Niagara Falls:

Distance: Approximately 1.5 hours drive.
Best Time to Visit: Spring or Fall to avoid crowds.
Must-Do Activities: Boat tour, Niagara Falls Illumination, Niagara Falls State Park.

Muskoka:

Distance: Approximately 2 hours drive.
Best Time to Visit: Summer for boating and water activities, Fall for stunning foliage.
Must-Do Activities: Cottage rentals, hiking, fishing, kayaking.

Toronto:

Distance: Approximately 30 minutes drive.
Best Time to Visit: Any time of year, depending on your interests.
Must-Do Activities: CN Tower, Royal Ontario Museum, Toronto Zoo, shopping, dining.

Prince Edward County:

Distance: Approximately 2 hours drive.
Best Time to Visit: Summer for beaches and wineries, Fall for wine tours and scenic drives.
Must-Do Activities: Wine tasting, farm-to-table dining, exploring charming towns.

Tips for Weekend Getaways:

Plan Ahead: Book accommodations and activities in advance, especially during peak seasons.
Pack Accordingly: Check the weather forecast and pack appropriate clothing.
Enjoy the Journey: Take scenic routes and explore small towns along the way.

New Homes in Oakridge, Scarborough

Oakridge, Scarborough: A Serene Suburban Oasis

A Blend of Tranquility and Convenience

A Thriving Community

Convenient Living

A Promising Real Estate Market

Cost of Living in Oakridge, Scarborough

Housing

Utilities

Transportation

Groceries

Dining Out

Other Expenses

Oakridge, Scarborough: A Thriving Real Estate Market

Current Market Snapshot:

Expert Insights:

Market Predictions:

Data Visualization (Table):

Navigating Oakridge, Scarborough: Your Transportation Guide

Public Transit:

Cycling and Walking:

Driving:

Tips for New Residents:

A Seasonal Guide to Oakridge, Scarborough

Weekend Getaways from Oakridge, Scarborough

Want to buy or sell your condo, townhouse, or house?