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Oakville Real Estate

Oakville, Ontario – a city of over 182,000 located in the Greater Toronto Area – is a bustling, vibrant city with plenty of cultural, social, educational, and economic opportunities that attract countless aspiring residents. The population of Oakville increased by a stunning 10.2% from 2006 to 2011, representing a youthful, energetic population looking for opportunities.

As a result, Oakville real estate is in high demand.  Both commercial and residential properties are sought after by those looking to buy, sell, rent, or invest, and the market is expected to remain strong for some time to come.

If you are looking to buy a property, rent a property or sell a property – and even make property investments in the abundance of commercial and residential opportunities available – learning about Oakville real estate is key. CENTURY 21 DREAMS INC. is there to help you make an informed choice today.

Buy and Rent Property in Oakville

Oakville real estate has plenty of opportunities for those looking to buy or rent.

Buy and Rent Property in OakvilleThere are several residential neighbourhoods from which to choose, representing a wide variety of lifestyles, types of homes, prices, and attractions. These neighbourhoods include Glen Abbey, Westmount, Joshua Creek, Wedgwood Creek, Falgarwood, College Park, Old Oakville, South West Oakville, Kerr Village, Bronte, River Oaks, West Oak Trails, and South East Oakville.

Residential prices range from below $100,000 to above $1 million, with a significant amount of properties on either end of the range. A good third of residential Oakville real estate at any given time falls in the $200,000 to $600,000 range.

Proximity to Toronto makes these properties highly desired, especially in the business community for executives, business owners, and professionals.

 

Sell and Invest in Oakville Real Estate

Because demand is high, it is easy to sell property or invest in commercial or residential real estate in Oakville.

Invest in Oakville Real EstateThe main argument for this is Oakville’s quickly-growing population.  From 1981 to 2011, population grew at an average of 3.33% per year.  Over that time period, the population more than doubled – and similar growth will likely continue.

The strength of the Oakville economy means that commercial properties will continue to be in demand. Opportunities to invest in commercial real estate are in abundance and will likely remain that way.  In the residential space, owners can sell with confidence, knowing that the strong market is supported by plenty of demand.

Finally, the median household income in Oakville typically hovers around $83,000, which is well above the median household income in both Ontario and Canada as a whole.

The best way to take advantage of these opportunities is to contact the real estate pros at CENTURY 21 DREAMS INC. Find the right property for you, learn more about the area, and then take action – your dream properties await!

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This is the number of residential
properties sold in the area(s).
  1. The average home price is found
    by adding the value of all sales and
    dividing by the number of homes.
  1. The median sale price is the
    midpoint of all sales.