When you think Oakville – recently named Canada’s most expensive place to buy or rent a home – the word “affordable” is probably not the first thing that comes to mind. But while the sprawling, multi-million dollar lakefront estates aren’t exactly in everyone’s budget, they do drive up the Oakville average in some pretty dramatic ways. (A $20M listing can really do a number on the average…it’s better to look at the median.)
So, that said, there are definitely a few areas that are more accessible to the average buyer.
Semi-detached homes in College Park, Oakville
Photo credit: property.ca
College Park
Located in northeast Oakville, this area has single-family homes, towns and condos, and is more affordable than the town’s pricier central neighbourhoods. It has a very suburban feel, there’s less infrastructure and you need a car to get around. But the big draw here is the housing stock: large homes set back from the street on generous lots. It’s conveniently close to Sheridan College campus and Glen Abbey golf course – and prices are pretty reasonable, considering what you get.
Average prices in College Park (last 6 months)
Condos: $681k
Towns: $877k
Semis: $1.16m
Detached: $1.5m
Bronte Creek Provincial Park, near West Oak Trails, Oakville
Photo credit: alltrails.com
West Oak Trails
This family-friendly neighbourhood is located in the northernmost part of Oakville, towards Dundas. The best thing about it is its proximity to nature. It’s close to Bronte Creek Provincial Park, wooded trails, park, splash pads and sports fields – everything you need to enjoy the great outdoors. And the area boasts some great schools, too, including strong French immersion options.
Average prices in West Oak Trails (last 6 months)
Condos: $723k
Towns: $1.09m
Semis: $1.2m
Detached $1.98m
River Oaks neighbourhood, Oakville
Photo credit: Reddit
River Oaks
This is another super family-friendly area, with great public and private schools, parks and green spaces, a serene, suburban feel. What you’ll find here are mainly detached homes, with a few towns, semis and condos thrown in. In general, it’s more affordable compared to the rest of the Oakville market. There are a lot of large, renovated homes here, but also smaller, older properties that buyers can use as an entry point into the neighbourhood.
And if you’re into golf, this area is amazing – it’s just north of the very prestigious Glen Abbey course, with a few other great courses nearby.
Average prices in River Oaks (last 6 months)
Condos: $772k
Towns: $1.09m
Semis: $1.16m
Detached $1.8m
I’m a huge fan of Oakville. And while it may not be the most affordable place to live in the GTA, getting good value there is absolutely possible if you're patient – opportunities do come up. If you want to talk about the best neighbourhoods and options for you, get in touch anytime!
About Marc Ronné
Marc is an experienced real estate agent who always goes the extra mile for his clients. He has been a Property.ca Inc. Top Producer multiple times, and specializes in Burlington, Oakville, and other parts of the west GTA.
He’s also the owner and manager of the Property.ca Inc.’s West GTA branch, leading a busy team that focuses on some of the most popular areas in the city.
When he’s not busy working hard to find the perfect family home or condo for his clients, Marc is most likely spending time with his family, but you can also find him playing golf (he's got a slight obsession…) or up in cottage country.