Oakville Real Estate Overview
Oakville is a quickly growing suburban area, offering some of the most prime real estate in the Greater Toronto Area.
According to the Oakville, Milton and District Real Estate Board, the average price of homes sold in the city for March 2013 was $733,366, which is an increase of 14 percent from March 2012.
Old Oakville along the shore of Lake Ontario is the city's original settlement and is home to some of the most expensive properties. Iroquois Ridge and Glen Abbey are two popular neighbourhoods for families, featuring an abundance of schools, recreation centres, and parks.
- Oakville Population (2011)182,500
- 5 Year Population Change10.2%
- Number of Homes in Oakville62,400
Why Buy a Home in Oakville?
Oakville has a reputation for being one of the wealthiest suburbs in Canada. It has an abundance of large homes and green space, and a beautiful downtown area on the waterfront.
Oakville is ideally located for Toronto commuters, with two GO Transit train stations and easy access to the Queen Elizabeth Way highway. Families are attracted to the town for its good schools, low crime rate, and beautiful scenery.
Its close-knit community has fostered the development of a number of recreational, cultural, and artistic programs. People come from all over to take part in Oakville's annual festivals and events, such as the Waterfront Festival, the For the Love of the Arts Festival, and Midnight Madness.
Explore Oakville's Rich Cultural Heritage
Oakville was originally inhabited by the Mississaugas, before the land was purchased by the Legislative Assembly of Upper Canada in 1805. Settlers from the British Isles began to establish themselves along Dundas Street and the shore of Lake Ontario.
Industry in the area centered around shipbuilding and agriculture. The construction of the Grand Trunk Railway jump-started the industrialization process. The Ford Motor Company set up its Canadian headquarters in Oakville in 1953, which became an important part of the town's economy.
The Town of Oakville continued to expand until it amalgamated its neighbouring villages. Today it is bordered by Mississauga to the east, Milton to the north, and Burlington to the west.
Getting around in Oakville
Oakville is a commuter's town, so driving is a common means of transportation. The roads are wide, and streets are arranged in a winding fashion. The Queen Elizabeth Way, Highway 403, and the 407 Express Toll Route are all easily accessible.
Oakville Transit provides bus service throughout the town, while GO Transit operates trains and buses headed east toward Toronto or west toward Hamilton. Boats and yachts are a common sight around the harbour.
If you prefer to get a bit of exercise, there's no shortage of trails in Oakville. The most extensive can be found in Bronte Creek Provincial Park.
Shopping and Amenities
The primary shopping destination is Oakville Place, a mall featuring a number of stores including The Bay, Sears, and H&M. Several unique and high-end boutiques, craft shops, and art galleries are located in the downtown area along Lakeshore Road.
The recently opened Queen Elizabeth Park Community and Cultural Centre offers several recreational, cultural, and aquatic programs. The town also has several ice rinks, sports fields, libraries, and places of worship.
Oakville has a number of top-notch Catholic and public schools to choose from, as well as the prestigious Appleby College private school. It is home to Sheridan College, a post-secondary school much acclaimed for its animation, theatre, and business programs.
Entertainment and Attractions in Oakville
From arts, to sports, to food and drink, Oakville has a lot to offer.
The Oakville Centre for the Performing Arts puts on up to 260 musical, dramatic, and comedic performances per year. More than 1,100 works of art can be found in the Oakville Galleries.
Many great restaurants, bars, and pubs can be found by the waterfront. The short GO train ride to Toronto gives you access to even more nightlife options.
Oakville has several great amateur sports team, including the Blades (Junior A Hockey) and the Buzz (Junior B Lacrosse). The Glen Abbey Golf Course is the site of several Canadian Open professional golf championships.