How affordable - or not - is Oakville's real estate?
Oakville is widely recognized for its multi-million dollar properties. It even boasts one of Canada's most expensive homes at 1150 Lakeshore Road East, valued at approximately $60 million.
While the average selling price of a home in Oakville stands at around $1.4 million, amidst a cost of living crisis, it's worth exploring the lesser-known aspects of Oakville's real estate market.
This new monthly list encompasses three types of properties: apartments, townhouses, and detached homes. One option from each category is provided.
Here are the prices for the most affordable options in Oakville's real estate market, as of April 28, 2024:
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The cheapest apartment/condo: 288 Reynolds Street - 2 Bedrooms, 1 Bathroom - $435,000
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The cheapest townhouse: 19 Hays Boulevard, Unit #29 - 2 Bedrooms, 2 Bathrooms - $598,000
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The cheapest detached home: 1366 Roylen Road - 3 Bedrooms, 2 Bathrooms - $849,000
The information provided is based on results displayed on Realtor.ca.