Condominium Market Outlook for Oakville


Oakville Ontario Condo:

Oakville town is in the region of Halton with a vibrant waterfront, town is located at the shore of Lake Ontario. There is plenty to do for the cyclists, joggers and residents to enjoy because of the number of the waterfront festivals and trails. The town is expanding with passage of the time, the population is increased to 6.2 per cent in the duration of 2011-2016. This leads to an increase in demand of more houses that is ultimately increasing the prices of the property in the region. Moreover, the number of jobs and career opportunities is also increasing in the region due to which young investors are also attracted to this region.


Average price for the condos:

with the increasing demand of houses prices for the condos is also rising, the average price for the pre-construction condos in Oakville was $370,900 in 2017 that time condos were affordable. In 2018 the highest average sales price of condos for sale in oakville was $617,608. According to the Jason Mercer (TREB Director of market analysis) moving to the future there will be some lack of listings supply despite of the completion of new condos, this will directly affect the home buyers to meet their housing needs.


Condos in Oakville:

Condos are on high demand in the region, currently there are number of new condo developments which are pre-construction, under construction and recently completed some of them will be discussed here with their location and the amenities they provide. Upper West Side Condos (a new development with total 14 storeys) at Dundas St E $ Trafalgar Rd Oakville, development by Branthaven. This development is close to local restaurants, bars, grocery stores, banks, entertainment and restaurants. It is surrounded by lush greenery and a number of parks and easy access to highway, bus services and downtown within minutes. Great place for the families to settle because of the nearby best schools and colleges. Oak & Co Condos (new development with total number of 25 storeys) by Cortel located at Trafalgar Rd & Dundas St E, Oakville. It is a modern type of development inspired by nature, a 4-tower master planned community, where they provide facilities like a fitness center, and outdoor terrace. The development is close to college restaurants, bars, shopping, dining, Go Train bus stop, number of parks, trails and entertainment.


Oak & Co Condo 2 by Cortel at Dundas St E 7 Trafalgar Rd, Oakville. This development has total 17 storeys and is surrounded by every basic facility for an easy lifestyle. Oakvillage new development with total 20 storeys by Minto located at Dundas St E & Trafalgar Rd, Oakville. Nearby the basic amenities for better lifestyle, along with the sixteen Mile Creek Trail just outside the front door. The Branch Condos a new development with total 8 storeys at Dundas St & Bronte Rd, by Zancor. There are plenty of parks nearby which makes the place tranquil for the residents, it is home to several elementary schools, high schools, daycares, Trafalgar Memorial Hospital and Sheriden College.

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