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Oakville

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Pre-Construction Condos & Homes in Oakville

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Platinum Access

Oakbrook Towns Last Updated 1 week ago

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550 Kerr Street Last Updated 2 months ago

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Ivy Rouge Oakville Last Updated 3 months ago

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Oakville Yards Last Updated 3 months ago

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ClockWork Condos Last Updated 3 weeks ago

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NAVA Oakville Last Updated 4 months ago

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Oak Residences Last Updated 2 days ago

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North Oak Condos Tower 3 Last Updated 2 days ago

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Reasons to Invest in New Condos in Oakville

Modern Amenities and Design

New developments in Oakville have features and services that are the best and most stylish. You can expect high-end finishes, modern designs, and large floor plans. There are state-of-the-art exercise centers, rooftop patios, and friendly common areas to use. A lot of homes come with smart house technologies that make them safer and more convenient. Oakville’s homes are the right mix of wealth and natural beauty, with parks, walks, and views of the water close by.

Prime Location and Accessibility

Oakville is on the water and has two beautiful harbours: Bronte Harbour is to the west and Oakville Harbour is close to downtown. Festivals and art fairs are held in these lively places, which add to the town’s charm. The Oakville Centre for the Performing Arts has a lively arts scene with shows from around the world. With two GO stops, improved Oakville Transit facilities, and major roads like the QEW, 407, and 403, Oakville makes it easy to get around and offers a rich cultural experience.

Strong Market Demand and Investment Potential

It is projected that by 2031, there will be about 255,000 people living there. The Halton Region, of which Oakville is a part, is predicted to experience a tremendous boom in the coming 25 years. Over the next 15 years, the number of jobs will likely grow at the same rate as the population. In 2031, there will be 410,000 jobs in the area, with 127,000 in Oakville.

Oakville Rental and Seller Market 2024

Rental Market

Currently, a rental in the Town of Oakville goes for an average of $2,668 per year, with an annual appreciation rate of 5.4% over the last ten years. Condos are still in high demand here, with a vacancy rate of just 0.4%. 

Seller Market

Any pre-construction home in Oakville sells at around $920 per square foot, with the annual appreciation rate standing at 8.03% in the last 10 years.

The average resale price for any home in Oakville is currently around $1,623,505, with the annual appreciation rate standing at 12.8% during the past 10 years.

Average Renting and Selling Time in Oakville

-New Condos

Renting Time for Condos: As of May 2024, rental condos in Oakville typically remain on the market for more than a month. This duration is longer than the previous year, when rentals were usually on the market for under one month.

Selling Time for Condos: As of today, a condo for sale in Oakville goes for $1.6M on average, staying on the market for 28 days which is still higher than the 26-day period back in February.

-New Homes

Renting Time for Homes: As of May 2024, the average renting time of detached homes is 20 days, this is about one week longer than the previous year. 

Selling Time for Homes: As of now, Oakville detached homes stay about 18 days on the market, which is an 80% improvement compared to last year.

Neighbourhoods

Old Oakville

This historic neighbourhood is known for its charming downtown and gorgeous waterfront vibe lined with heritage homes.

1. Downtown Oakville

  • Highlights: Boutique shops, fine dining, waterfront parks.
  • Perfect For: Those who love a vibrant, walkable area with a mix of historic charm and modern amenities.

2. Old Oakville Waterfront

  • Highlights: Stunning views of Lake Ontario, marinas, lakeside trails.
  • Perfect For: Water enthusiasts and those who appreciate scenic landscapes.

3. Heritage District

  • Highlights: Historic homes, cultural events, unique architecture.
  • Perfect For: History buffs and those who enjoy living in a character-filled neighbourhood.

Bronte

Standing along the shores of Lake Ontario, Bronte is a lively community with a strong maritime heritage, offering a mix of condos and homes in three areas: 

1. Bronte Harbour

  • Highlights: Marina, waterfront restaurants, sailing clubs.
  • Perfect For: Boating enthusiasts and those who enjoy a lively waterfront atmosphere.

2. Bronte Village

  • Highlights: Shops, cafes, community events.
  • Perfect For: Families and individuals who enjoy a close-knit community with plenty of local amenities.

3. West Oak Trails

  • Highlights: Scenic trails, parks, modern homes.
  • Perfect For: Active families and outdoor enthusiasts.

Glen Abbey

Famous for its beautiful golf courses and green spaces, Glen Abbey is a modern suburban haven with three popular areas:

1. Glen Abbey Golf Club

  • Highlights: Championship golf course, elegant homes, lush landscapes.
  • Perfect For: Golf lovers and those seeking a prestigious, green environment.

2. Pilgrims Way

  • Highlights: Family-friendly parks, good schools, recreational facilities.
  • Perfect For: Families looking for a safe, community-oriented neighbourhood.

3. Heritage Glen

  • Highlights: Quiet streets, quality schools, convenient shopping.
  • Perfect For: Families and professionals seeking a peaceful suburban lifestyle.

Pros of Living in Oakville

  • High Quality of Life: With first-rate medical care, excellent educational institutions, and many recreational opportunities, Oakville provides a comfortable lifestyle. Its lovely parks and clean, safe neighbourhoods add to the great quality of life there.
  • Serene Nature Vibe: With its stunning waterfronts, verdant parks, and miles of trails, Oakville is a popular destination for outdoor enthusiasts. The city offers a wide range of year-round activities, including sailing, golfing, hiking, and bicycling.
  • Tight-knit Community: A lot of people in Oakville join together for things like festivals and farmers’ markets, which contribute to the town’s strong feeling of community. Everyone, from families to single people, will feel at home in this town because of its warm hospitality.
  • Close to Toronto: Oakville is a great place to live if you’re looking for a suburban setting close to all the activities of Toronto without sacrificing any of the city’s cultural offerings, career opportunities, or conveniences. 
  • Top-notch Education: Public, private, and foreign schools in Oakville are among the finest in all of Ontario. In addition to its renowned business and arts departments, Sheridan College also maintains a campus in Oakville.

Cons of Living in Oakville

  • High Cost of Living: Oakville has a comparatively high cost of living, especially for housing. Rents and property costs are among the highest in the area, which can put off some would-be inhabitants.
  • Less Urban Entertainment: Oakville, while charming and community-focused, may not offer the same level of urban entertainment and nightlife as larger cities. It can be a little quiet for those who are looking for a lively, busy city vibe.