Looking for a new home? Oakville offers safety, family-friendly neighbourhoods, and upcoming developments.
When it comes to home ownership, considering what kind of lifestyle you want is imperative to finding the right opportunity.
While the downtown Toronto convenience can be highly attractive for many, with plenty of access to transit, shops, and events, others might be looking for something quieter that will allow them to settle down.
For these buyers, Shafaq Butt, a real-estate agent at King Realty Co., says Oakville could be a great option, as the area offers a family-friendly lifestyle, a sense of safety, and top schooling options.
“Oakville is one of the top neighbourhoods when it comes to schooling and safety, so that’s why Oakville is a city where people really love,” she told Now Toronto.
“There are also redevelopment factors. There’s a lot of homes that are being newly built and redeveloped in pockets of Oakville, so all that combined really makes Oakville a very attractive neighbourhood.”
Able to offer that quieter and family-focused lifestyle, the city’s real-estate market can fall on the pricier side. However, with the market around the GTA slowing down over the last year, Butt buyers are currently able to find opportunities in the $400,000–$500,000 mark.
For those looking to take advantage of the current market, the realtor says her biggest advice would be to jump in as soon as possible and avoid waiting on the sidelines for conditions to change.
“If you are financially capable, there is no point in waiting for the market to dip,” she said.
“Markets can’t really be timed, so if they are financially ready for the investment, I would say to get in touch with a professional and determine your buying power, and then look at which cards you can pull based on that.”
Now Toronto rounded up five properties in Oakville under $500,000 to get buyers started on their search.
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605–20 Speers Rd.
Listed for: $499,900
Type: Three-bedroom, two-bathroom apartment
For just under $500,000, this apartment offers three generously-sized bedrooms, a spacious layout and amazing views of Kerr Village. It includes floor-to-ceiling windows and renovated open-concept kitchen and living spaces that are perfect for hosting and are ready for move-in. The location leaves residents close to local shops, everyday conveniences, GO Transit, and even Lake Ontario, perfect for waterfront strolls. For more, head to the listing.
1–288 Reynolds St.
Listed for: $375,000
Type: Two-bedroom apartment
This apartment offers a great opportunity for first-time buyers, long-time Oakville residents and downsizers, combining tranquility with a tree-lined street, walkability and easy transit access. The two-bedroom apartment includes a renovated kitchen with under-cabinet lighting, modern finished and stainless steel appliances, as well as large windows leading up to a beautifully maintained perennial garden. The building also features a parking space, storage locker, laundry room, and optional garage rental. Visit the listing for more information.
154–1066 Falgarwood Dr.
Listed for: $492,000
Type: Three-bedroom townhouse
Proving that $500,000 can get you more than an apartment unit, this townhouse offers over 1400 Sqft. of space, three bedrooms and 1.5-bedroom townhouse is a great opportunity for investors and first-time buyers. On the main floor, the home includes a full, recently-renovated kitchen with counter tops, soft close drawers and stainless steel appliances that make everyday living effortless. Upstairs, residents will find three generous bedrooms, a primary bedroom with its own floor for privacy, a main bathroom and laundry. For more on this property, interested buyers can visit the listing or the property’s open house on May 17.
325–1300 Marlborough Court
Listed for: $445,000
Type: Three-bedroom, two-bathroom apartment
This unit combines apartment living with a home feel, featuring 1,170 Sqft. of space and a two-floor layout. On the first floor, residents can access a spacious living and dining area, a balcony perfect for entertaining and relaxing, and an open-concept kitchen. The upper floor features three large bedrooms and a four-piece bathroom for convenience. The building also includes several amenities, from a fitness center to a sauna to a party room. Head to the listing for more on this property.
604–297 Oak Walk Dr.
Listed for: $489,900
Type: Two-bedroom apartment
Located in the heart of Oakville uptown, this unit offers convenient access to shopping, grocery stores, transit, parks, trails and much more. Inside the apartment, residents will find contemporary finishes, a modern kitchen, and interconnected living and dining areas, as well as a primary bedroom with a walk-in closet and a second bedroom that is perfect for a guest room or a home office. In addition, the apartment comes with two private balconies, allowing residents to enjoy unobstructed north and west-facing views, including the surrounding skyline, ponds and trees. For more, head to the listing.
