Investing In Southwest Oakville Real Estate
Southwest Oakville is a popular Oakville neighbourhood located between Bronte and Central Oakville. This neighbourhood is perfect for teenagers and empty nesters. The homes are on bigger lots with a lot of space. Southwest Oakville has the finest of everything, including some of the top schools, outdoor activity, shopping, and restaurants. There is always something to do in this neighborhood of Oakville. Coronation Park, which is located exactly on the lakefront, is reachable to residents by foot. Coronation Park hosts family-friendly festivals including The Oakville Waterfront Festival during the summer. You may hike or have a picnic with the family while taking in the stunning scenery. Currently, this neighbourhood is seeing a small rejuvenation. Many of the earlier homes from the 1950s and 1960s have been renovated into little enclaves of luxury estates along Lakeshore Road and down to the lake.
List of New Condos in Southwest Oakville Neighbourhood
Why Buy New Condos In Southwest Oakville?
Southwest Oakville is transforming. Development took place between the 1950s and the 1970s. Bungalows and split-level homes, which were prevalent at the time, have undergone substantial renovations or have been completely replaced by new condo developments. Those that are still in their original condition are highly sought after by builders, investors, and families looking to build their dream house here. Private estates have been renovated into little enclaves of beautiful luxury houses or new condo developments.There is a sense of tranquilly and well-being in southwest Oakville. This is an appealing neighbourhood to settle into and joyfully call home for many decades.
Entertainment & Recreation In Southwest Oakville
Southwest Oakville offers a diverse range of entertainment and recreation options for residents and visitors alike. For those who enjoy spending time outdoors, there are several parks to explore, including Coronation Park and Lakeside Park, which are located on the shores of Lake Ontario and offer stunning views of the water. Additionally, the nearby Bronte Creek Provincial Park offers hiking and biking trails, camping sites, and a large outdoor pool. The Queen Elizabeth Park Community and Cultural Centre provides opportunities for residents to stay active and engaged in their community, with facilities such as two gyms, an aquatics centre, and a youth centre. For those who prefer indoor activities, the Oakville Centre for the Performing Arts hosts a variety of shows and performances throughout the year. Finally, Southwest Oakville also has several shopping and dining options, including the popular Bronte Village area.
Average Price of Condos In Southwest Oakville
With a medium inventory level of three months, Southwest Oakville currently has a balanced real estate market. In July 2022, the average selling price for Southwest Oakville was $1,341,000, with most homes priced between $1.5M and $2M. Southwest Oakville is dominated by detached houses, which account for 64% of sales, followed by condos (25%), and townhouses (9%). The majority of homes have three bedrooms. The average selling price of a condo in Southwest Oakville in July 2022 was $1.1M, up 13.4% from the same month the previous year.
Transit And Accessibility In Southwest Oakville
Southwest Oakville is not well served by public transportation. Fortunately, homeowners have access to a few bus routes, and bus stops are not distant from most homes. The neighborhood is sandwiched between two train stations. Oakville GO covers residents in the southwest’s east end, while Bronte GO serves those living in the neighbourhood’s western part. Both stations can get you to downtown Toronto in around 40 minutes. Getting on the highway and traveling to work is as simple as taking Dorval Drive or Third Line north. Both provide access to Highway 403, which runs west to Hamilton and links to Queen Elizabeth Way and downtown Toronto to the east.
Questions & Answers
By investing in Oakville real estate, you will have access to great schools, safe neighbourhoods, and a wide range of park and recreational amenities for you to enjoy when you buy a new home there.
Buying pre-construction condominiums in Southwest Oakville offers several advantages, such as the opportunity to customize the unit, potentially lower cost, the chance to lock in today’s prices, modern amenities, and the potential for value appreciation. Additionally, pre-construction condos may offer more flexibility in terms of financing and payment options.