Why Invest in Eastlake Real Estate?
Eastlake is one the most precious real estate gems in Oakville, Ontario. This serene community lives a scenic life as it borders Lake Ontario in the south as well as large mansions filling up its community. These mansions are one of the priciest homes in the entire GTA and are highly coveted by its bordering communities. The northern borders of its community is where affordable homes are found and yet still be considered as high tier homes. Eastlake welcomes a poshlife with Downtown Oakville less than a five minute drive from the neighbourhood. Life in Eastlake is to be surrounded by amenities from shopping, restaurants, entertainment, and more!
List of New Condos in Eastlake Neighbourhood
Why Buy A New Condo Development in Eastlake?
Investing in a pre-construction condo in Eastlake is an immense lifetime achievement. This real estate is to be one of the most luxurious communities and continues to raise the stakes on their markets. Investment here is made by families who seek generational investments as this place is a great neighbourhood to raise a family in. With many series of parks in the area, recreational activities come easy. Relaxing activities are also found in Oakville Galleries where many like to view contemporary art. Walking in this area is a common thing to see as the neighbourhood is truly one of the prettiest and scenic neighbourhoods.
Commercial Life in Eastlake
Condos in Eastlake offers a variety of elements of commercial life. A few minutes drive northeast would bring residents directly to Oakville Place. Oakville Place is Oakville’s prime location for shopping, with many name brand stores and high end fashion boutiques. From stores such as H&M, Sephora, and SportChek. Residents who enjoy luxury shopping can visit Hudson’s Bay. This department store is a multi level store selling luxury brands from Calvin Klein, Gucci, and Ralph Lauren. Hudson’s Bay has items from luxury skincare, perfumes, fashion, and even home decor. Another great place to visit would be Downtown Oakville which is just a simple 5 minutes drive away from the neighbourhood. Here many eateries, unique cafes, boutiques and curio shops are for residents to indulge in.
Average Prices of Condos in Eastlake
The average price of all types of residences, including new condos in Oakville is $1,436,709. In comparison to its neighbour region Mississauga averaged $1,180,818 in all types of residences. Those looking for a new condo in Eastlake will find that the average price is to Oakville’s condo average price of $847,250. These prices are attractive for many as these condos only last about 20 days listed on the market.
Getting Around The City
New condos in Eastlake would have to adhere to the community’s strong preference towards driving. As a posh neighbourhood, Eastlake has always been to dish out luxury cars. However, for those who are keen to commute the nearest Go Bus/Train Station is only 15 minutes away which is Oakville Go Station. Don’t fret, as the Oakville Transit still roams the neighbourhood despite its love for a higher end lifestyle. The nearest highway accessible to the community is 10 minutes away which is the Queen Elizabeth Way. This Queen Elizabeth Way can secure travels to regions such as Niagara or Downtown Toronto.
Questions & Answers
Investing in a pre-construction condo in Eastlake is an investment of a lifetime. This investment is great for families who seek to have a high value investment. From having your own unit, generating a profit, saving money on lower prices, and the amenities of a highly established neighbourhood within the largest city in Canada, you can expect a growth in condo units’ value.