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Home Buying Guide

Zoocasa’s Featured City of the Month: Oakville

Abbey Cole by Abbey Cole
June 16, 2023
in Buying Guide, Ontario
Reading Time: 6 mins read
A photo of aerial lakeside park and Lake Ontario in Oakville.
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Oakville is a vibrant community situated on the northern shores of Lake Ontario in the Greater Toronto Area (GTA). Founded in 1857, Oakville is renowned for its proximity to two major cities (Toronto and Hamilton), its access to three highways, accessible public transit, and world-class attractions such as Niagara Falls. 

Oakville is a golf town, home to one of Canada’s most famous golf courses, the Royal Canadian Golf Association and the Canadian Golf Hall of Fame. Beautiful nature scenes surround the area, including McCraney Valley Park and Nottinghill Gate. 

It offers 1,420 hectares of parkland, 150 kilometres of trails and more than 200 parks, garden plots, dog parks, playgrounds, skateboard parks, splash pads, sports fields, tennis courts and 31 waterfront parks. The high standard of living and quality education make Oakville one of Ontario’s most coveted residential and business centres.

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  • Read: The Hottest Toronto Real Estate Markets by Dollar Volume in Spring 2023

Fast Sales Throughout the City

The average price of a home in Oakville is $1,554,259 as of May 2023. Homes in Oakville are selling a day quicker than the Toronto average, with properties spending an average of 19 days on the market. The city had 565 new listings come to market and 327 sales in May.

Prices have steadily crept up in 2023 as the market has adjusted to the higher rate of borrowing caused by interest rate hikes, and Oakville has been no exception. Prices started at $1,381,445 in January and have increased 12.5% since.

Homes Currently Available in Oakville

403 – 205 Lakeshore Road West

ROYAL LEPAGE REAL ESTATE SERVICES LTD.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Property details:

  • 2 beds, 2 baths, 1 parking
  • Condo apartment
  • Walking score 62/Transit score 40

This two-bedroom condo is a short distance from downtown and the lake! The apartment is a cozy space where each room flows into one another, in a building full of excellent amenities including a library, gym and sauna.

View the listing.

21-03-2420 Baronwood Drive

ROYAL LEPAGE REAL ESTATE SERVICES LTD.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Property details:

  • 2 beds, 3 baths, 1 parking
  • Condo townhouse
  • Walking score 7/Transit score 38

This beautifully renovated, two-bedroom townhouse has an open-concept main floor with a combined living and dining room. That space opens straight into the kitchen, as well as leading to the second floor. The primary bedroom has a four-piece ensuite while the secondary bedroom has access to the main four-piece bathroom.

View the listing.

2400 Yolanda Drive

ROYAL LEPAGE REALTY PLUS OAKVILLE
ROYAL LEPAGE REALTY PLUS OAKVILLE

Property details:

  • 3 beds, 3 baths, 6 parking
  • Detached
  • Walking score 15/Transit score 39

This home is located in southwest Oakville. The great room and kitchen combo lend to the spacious feel, with a lead-in to the basement below. There is a separate dining room that leads out into the back garden and a swimming pool to boot!

View the listing.

Why Oakville?

Oakville is an attractive city nestled on the shores of Lake Ontario, with plenty to offer for all ages. It is home to the prestigious Glen Abbey Golf Course and nine other parks, including Lion’s Valley Park and Bronte Creek Provincial Park. It also offers an array of schools like Oakville Trafalgar High School and various shopping, dining and recreational options. The Oakville Historical Society provides insight into the city’s historical buildings and runs tours so visitors can get acquainted before settling down in this picturesque town.

Located in one of Ontario’s oldest and most beautiful lakeside communities, Oakville is home to Heritage Waterfront Park, Sovereign House, and Bronte Bluffs. Visitors can take in stunning views of the beach, harbour, lighthouse and pier while enjoying award-winning cuisine from local owner-operated specialty shops. Oakville is an ideal place to call home for nature lovers and urbanites, with charming shops, restaurants and nature trails to explore.

All kinds of listings are available in Oakville, from family homes to retirement properties. Speak with one of our agents, and let us help you start your new journey today!

Want to call Oakville home?
Contact us today to speak to a Realtor in your area
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Abbey Cole

Abbey Cole

Abbey is Zoocasa's Content Marketing Specialist, creating content to help Canadians make informed decisions on the real estate market. As a textbook Hamiltonian, Abbey enjoys walking the Bruce Trail near the Devil's Punchbowl. You'll catch Abbey soaking up the sun, reading a book or watching Netflix with her furbabies when she's not working.

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