Located that the west end of the Greater Toronto Area, Oakville is considered one of the most prestigious areas in Southern Ontario. Oakville lakefront is home to some of the biggest and most expensive residential properties in the country.
At the time of writing this, there’s a featured mansion listed at 66 million dollars. You would be hard-pressed to find a detached home that is under 1 million. So when it comes to condos, Oakville can be expensive. However, developers are now seeing an opportunity.
In Oakville, new condos for sale are pretty fresh for occupancy. Many millennials that move into a more dense region like downtown Toronto are looking to move back. This is why the growth in pre construction condos and townhomes has been growing year after year. These residents are on the search for the same peace and quiet that they had when they were growing up, and a condo in Oakville is a solution. That’s why development projects in this town have already travelled a long road.
Similar to areas like Toronto, exponential growth is expected in the Oakville map in the coming years. Similar to other GTA areas, there are lots of Oakville condos coming soon for occupancy. More specifically, six areas on the map are expecting growth, including Palermo Village, Bronte Village, Uptown Core, Downtown Oakville, Midtown Oakville, and Kerr Village. With low-rise and high-rise projects underway, the homes and condos Oakville offers today become very desirable.
Getting Around Easy
There has always been a great desire for large homes, but many younger individuals are just looking for low-rise or mid-rise homes with a good price – like a townhouse or condo. Being a suburban town in the GTA Halton Region, Oakville new condos are a top choice if you want easy transit options.
With easy access to the GO transit system and the QEW in the city, Oakville condos are a good option for residents who travel into the city for work. The Go trains in Bronte and Oakville Station depart every 30 minutes, but future plans will have them leave every 15 minutes so you can reach Toronto fast.
During rush hour, trains depart more frequently. The trains from Oakville station or Clarkson take around 25 if you get on an express. That’s not too bad considering that it almost takes as long to get to Union from Liberty Village via street car. If you prefer driving, Highway 403 provides north/south access. With these options, condos for sale in Oakville are worth looking at.
When you’re in Oakville, you have good access to the east/west areas because of the QEW and Highway 407. The Financial District is only a 30-minute drive, so it’s easy to reach if your work is located in the downtown core.
With easy access to transit, Oakville is a highly accessible place located in the GTA. And because Oakville is sitting between Hamilton and Mississauga, it’s easy to reach the urban centres.
Twenty years ago, Oakville still had the same prestige in the real estate market, but you did have to search hard for entertainment in town. If you want a night out near Oakville condos, your list would’ve been shot. Downtown Oakville had one major theatre and shopping center.
Since Oakville condos were missing a list of nearby amenities, most people drove to Mississauga Square One or into the condos of Toronto. But when a list of low-rise and high-rise property developments emerged in the East and West, there’s been an increase in options much like the city. Oakville has some great places now, much like a Toronto neighbourhood. Of course, the prices in the real estate market increased too.
The Winston Churchill entertainment area is just one example – a modern movie theatre surrounded by some high-quality restaurants like Trattoria Timone, 3 brewers, and K&B sushi. With the increase in entertainment, Oakville graduated from being the boring suburbia neighbourhood. As such, the condos Oakville offers became more in demand and condo prices started to increase.
Some great new condo developments in Oakville for occupancy include Distrikt Trailside on 407 Dundas St W and Distrikt Trailside 2.0 also on the same street. There’s also North Oakville on Dundas St and Dunwest on 509 Dundas St. W.
We also have The Bronte Condos on the Old Bronte Road, but a particularly popular one for occupancy is The Branch Condos on 2444 Old Bronte Rd.
The Branch Condos is developed by Zancor Homes. While it’s a mixed-use mid-rise property, it offers a variety of units with floor spaces ranging from 49-82 square metres. The Branch Condos also offers a lot of amenities including a spa, fitness studio, pet wash, and rain rooms.
Other great condos include Oak & Co Condos on Dundas St E, Distrikt Trafalgar on Trafalgar Rd., Upper West Side also on Trafalgar Rd, and Lake and East.
With more and more homes becoming ready for occupancy around the neighbourhoods, developer after developer is also taking advantage of development projects to pursue in this town.
Top Activities to Do in Oakville
Aside from condos and property developments, Oakville is home to a list of annual events like the Waterfront festival and Kerrfest. The biggest of them all is the Canadian Open . While the event is annual, Oakville’s Glen Abby golf course is not always the location. However, since 1977 it has been in Oakville on 31 occasions.
Condos in Oakville are so close to festival events all year round. The RibFest is arguably the most popular one because it also receives visitors from all around the GTA area.
Aside from that, Oakville also offers a plethora of entertainment and activities. Some of the popular attractions in the place include Joshua Creek Art Centre, Gairloch Gardens, and Oakville Lighthouse.
Of course, Downtown Oakville offers a lot of shopping and entertainment options for residents too. There’s the South Oakville Centre, Upper Oakville Shopping Centre, and the Oakville Place. You can also find Lakeshore Road East which is home to a lot of shops and stores.
Oakville shares its borders with Mississauga to the east, Burlington to the west, northward is Milton and the southside rests along Lake Ontario. Running through Oakville is the waterfront trail of interconnecting roads and paths that stretch over 3600 kilometers. In Oakville, this waterfront trail connects various different parks from end to end. So if you’ll be doing a list of activities outside- running, enjoying a picnic, suntanning, rollerblading, or biking – start in this place in Oakville. Plus, there’s a great lake view on the waterfront trail.
You can find two harbours in Oakville – the Bronte Harbour and Oakville Harbour. The latter is close to the downtown core.
Lifestyle in Oakville
If you’re looking for condos in a location with first-class amenities and scenic attractions, it’s great to live in Oakville. New residents will find the list of new condos very attractive, especially since average condo prices are not that high.
What makes this town so attractive is it still maintains that peaceful, relaxed vibe while still having modern amenities close by. You can say that Oakville delivers a great balance between the nostalgic old-world style and the vibrant urban landscape. The new condos Oakville offers are some of the best in the Halton Region real estate market.
If you’re like many people today who live a fast-paced life, Oakville would be a great home for you to relax and unwind. You can go for a nice hike, kayak down the river, walk on the street, play golf, or just enjoy a world-class meal in a nearby restaurant in town.
Whatever floats your boat, you will find Oakville new condos to be a perfect home.
Average Price of New Condos in Oakville
Now let’s talk about condo prices. Pre-construction condos and new condos for sale in Oakville have an average price of $443,950. The price per square foot averages at $683. When it comes to rental prices, it’s middling at $2,100.
As you can see, these condo prices are much lower than what you’d see in major cities like Toronto and Mississauga. Still, with development after development popping up, we can expect an increase in the price of homes.
Of course, it’s worth mentioning that there will be new condo projects in the map soon. Developer after developer is flocking to GTA to facilitate the construction of properties.
Why Choose Oakville
A condo in Oakville is a worthy investment because it’s a top Halton location without having expensive condo prices. The condos Oakville has are nearby malls, trails, urban centres, Lake Ontario, and other entertainment options. Oakville transit is convenient, too.
Oakville neighbourhoods like the Bronte Village and Uptown Core offer great amenities and attractions. Some of the best properties include The Bronte Condos in Old Bronte Rd, Upper West on Trafalgar Road, and Distrikt Trailside on Dundas St. Overall, the neighbourhoods are nicely balanced.
If you’re on the search for occupancy details about a condo in Oakville, you can always reach out to us. You can search for developer details, price ranges, and development updates on a home or condo in Oakville. To make your search easier, we have a list of developments featured on this site.