List of New Condos in Old Oakville Neighbourhood

Why Invest in Old Oakville Real Estate?

Old Oakville is one of the most beautiful and scenic communities in the Greater Toronto Area. It is located on the shores of Lake Ontario. Known for its historic shopping centre, an abundance of private schools, and beautiful residential area, the streets of Old Oakville are filled with heritage homes that have been designated with historic plaques. As a lakeside neighborhood, Old Oakville has a variety of waterfront parks and boardwalks that serve as wonderful strolling and picnic spots with stunning views of the lake. Most of the heritage homes are located south of Lakeshore. The downtown centre is sprinkled with a good proportion of townhomes and upscale condo developments. This neighbourhood is a wonderful option for anyone seeking a city vibe without residing in a major metropolis like Toronto but still nearby enough to commute.

Why Buy New Condo Developments in Old Oakville?

Old Oakville homes are often constructed in the Tudor or Georgian architectural styles. Even while the homes are less old as you travel farther north, they nevertheless have a certain rustic beauty. Along with detached houses, there are new condo developments, townhomes, and modern custom buildings. The Town of Oakville’s central core is also located in Old Oakville. Along with a wide variety of shops and restaurants, this neighborhood is also home to the prestigious Appleby College boys private school, Erchless Estates (a.k.a. the Oakville Museum), Town Square with its famous clock tower on Lakeshore Road East, and the Oakville Centre for the Performing Arts. Old Oakville has long been a popular choice for company executives and their families who appreciate the great schools, the beauty of the neighbourhood, and the convenience of living so close to Mississauga and Toronto, where many major corporations have a presence.

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Educations in Old Oakville

The majority of the schools in Old Oakville are well ranked. Parents may choose high-quality schools from kindergarten through 12th grade. This neighbourhood features 10 public schools and 5 Catholic schools, so your children can receive an excellent education. Some of Old Oakville’s wealthier residents may opt to send their children to nearby private schools such as Appleby College, Dearcroft Montessori, MacLachlan College, St. Mildred’s-Lightbourn School, West Wind Montessori Jr. High School.

Average Price for Condos in Old Oakville

Old Oakville’s average selling price in July 2022 was $1,663,000, with most of the transactions costing above $2 million. Detached houses make up the majority of real estate in Old Oakville, making up 50% of sales, second by condos at 40% and third by townhouses at 8%. Homes in Old Oakville typically consist of two bedrooms. Condos in Old Oakville sold for an average selling price of $887,559 in July 2022, a 5.7 percent increase over the same month in 2021.