Is Oakville a Good Place to Live?

Where is Oakville?

A popular place to both work and play, Oakville is located in the Halton Region of Ontario, Canada, and conveniently situated in the Greater Toronto Area (GTA). Nestled on the beautiful shores of Lake Ontario, Oakville is usually sought after because of its tranquil suburban lifestyle and close proximity to the bustling metropolis of Toronto itself, making it an attractive destination for those seeking a balance between urban opportunities and a serene, family-friendly environment.

Is Oakville a Long Distance from Toronto?

The proximity of Oakville to Toronto is often a significant factor for those contemplating a move to the area. Oakville is approximately 30 kilometres (about 19 miles) from downtown Toronto, making it a realistic daily commute for those working in the city and an attractive option for those who want to balance urban job opportunities with a suburban setting.

Advantages of Living in Oakville, Ontario

So now you know a bit about the appeal of Oakville as a haven of peaceful suburbia, but let’s go a bit deeper before you sign those mortgage papers!

Is Oakville a Safe Place to Live?

In a nutshell, yes! One of the key reasons people love Oakville is its reputation for safety, and the town consistently ranks as one of the safest communities in Canada. The crime rate is low, and the community is recognized for its well-patrolled streets and friendly neighbourhoods. Oakville is also home to a dedicated police force, contributing to the town's overall safety and security.

Quality of Life

Oakville continues to be a paragon of an exceptional quality of life and remains a desirable destination for those seeking a serene and family-friendly environment while also offering modern amenities and opportunities.

Oakville's commitment to clean and green living is an added bonus for potential homebuyers, and the town's parks, waterfront areas, and tree-lined streets create a natural backdrop that makes life here worth the move. This devotion to preserving the environment contributes to a healthier and more enjoyable lifestyle.

Education remains a cornerstone of Oakville's appeal in Ontario, with excellent schools, both public and private, ensuring young residents receive a top-notch education. The vibrant cultural scene of the town is also thriving, with art galleries, theatres, and community events enriching the lives of Oakville's residents. The local government's investment in recreational activities and facilities ensures that there's always something to do!

Affluent Neighbourhoods

It's important to remember, whenever looking to buy a home in such an awesome town, that a higher quality of life often comes with a higher cost of living, particularly in the real estate housing market.

Oakville is renowned for its affluent neighbourhoods, each offering an upper-scale lifestyle and a unique charm. Millionaire's Row shows off a collection of upscale and prestigious homes along Lakeshore Road and the lakeshore. This exclusive area features grand estates and luxury properties, often with stunning views of Lake Ontario. It's known for its opulent homes and affluent residents, making it one of Oakville's most coveted and high-end residential areas.

Old Oakville, in the town's core, exudes historic charm and sophistication, with heritage homes and a vibrant downtown scene. South East Oakville is another coveted area, boasting grand estates and a tranquil ambiance, making it ideal for those seeking privacy and luxury. These affluent neighbourhoods are characterized by their stunning properties, pristine landscapes, and access to the finest amenities, making Oakville a destination of choice for those searching for an upscale living experience.

Natural Beauty

It’s so pretty! Oakville's location along Lake Ontario provides stunning waterfront views, and lush green spaces and parks surround the town. The beautiful natural surroundings are a significant draw for those who appreciate the outdoors, and the town's commitment to preserving the environment creates an unbeatable setting that residents and visitors love.

 

Oakville’s Cultural Scene

Oakville cultural scene is a dynamic and diverse tapestry that reflects the town's commitment to fostering creativity, community engagement, and the celebration of art in all its forms. From performing arts to visual exhibitions and cultural festivals, Oakville offers many opportunities for residents and visitors to immerse themselves in its rich cultural landscape.

At the heart of Oakville's cultural scene is the Oakville Centre for the Performing Arts, a premier venue that hosts a wide array of performances, including theatre, music, and dance. Local and international artists regularly grace its stages, providing the ultimate platform for artistic expression in Canada.

Oakville's calendar is brimming with events and festivals that cater to various cultural interests. From the annual Downtown Oakville Jazz Festival to Diwali celebrations, these events bring together the community and highlight the town's multicultural fabric.

The Oakville Museum, housed in historic Erchless Estate, is another great family-friendly checkpoint and delves into the town's past, preserving its heritage through engaging exhibits and educational programs we know the whole family will love.

Education in Oakville

Oakville is renowned for its exceptional educational opportunities, including some of the best schools in the province. Home to a mix of top-rated public and private schools that consistently deliver quality education, this Ontario gem is an ideal place for families seeking excellence in learning. Some notable mentions include Appleby College, St. Mildred's-Lightbourn School, and Oakville Trafalgar High School for prioritizing academic achievement, innovation, and character development. Beyond K-12 education, Oakville is also host to Sheridan College, a respected post-secondary polytechnic institution, offering a wide range of programs and further enhancing the educational landscape of Oakville.

Disadvantages of Living in Oakville, Ontario

We know you’re thinking Oakville sounds too good to be true, so it’s time for a quick chat about some of the drawbacks you might encounter with this otherwise stellar Canadian town.

Cost of Living

As we mentioned already, great towns often come with great price tags, and Oakville is no exception! In 2023, Oakville's housing market continues to reflect its status as an affluent and trending place to live.

The average house prices in Oakville are notably higher compared to many other Canadian cities, and as of this year, the average price for a single-family home in Oakville can range from approximately $1.2 million to $1.5 million and higher, depending on the neighbourhood and property features. Desirable areas such as Lakeshore Road and Old Oakville tend to have higher property values, making them particularly attractive but also more expensive. While these higher housing costs reflect Oakville's upscale character, it's essential for potential residents to consider their budget and long-term financial plans when contemplating a move to this enviable community.

Commuting

While not a terrible downside for a lot of would-be buyers, for those working in Toronto, the daily commute can be a drawback. While it's relatively short compared to other Toronto suburbs, the daily back-and-forth can still be tiring and time-consuming and something to add to your decision list.

Limited Nightlife

While Oakville itself offers a variety of restaurants, pubs, and lounges, its focus is geared toward a family-oriented way of life and not so much a trending spot for night owls. The focus in Oakville is on community activities, cultural events, and family outings, so for those seeking a dynamic and energetic nightlife, a short commute to neighbouring cities like Toronto is often necessary. Oakville's serene suburban setting and safety may appeal to many, but it may not cater to those who crave a bustling and lively nighttime atmosphere.

Why Are People Moving to Oakville?

Okay, so you might not be able to party all night in Oakville, so why are people drawn to Oakville despite the costs and potential drawbacks? Several factors make Oakville an attractive destination for newcomers.

Employment Opportunities

Oakville's employment landscape in 2023 continues to be promising, with diverse opportunities across various industries. The town has a thriving economy encompassing manufacturing, technology, and more. Its proximity to Toronto provides easy access to an extensive job market, making Oakville an attractive destination for those seeking a stable and diverse career environment.

Family-Friendly Environment

If you’ve got kids, Oakville is probably already on your favourites list for real estate. It’s fun, it’s friendly, and it’s renowned for its family-friendly atmosphere, providing you the peace of mind you’re going to need before making a move here. Oakville is a safe and nurturing environment for children to grow up in.

Strong Economy

Oakville's economy continues to flourish, making it a prime destination for those seeking economic stability and diverse job opportunities. With a robust and dynamic economic landscape and thriving industries, including manufacturing, technology, healthcare, and finance. Oakville's proximity to Toronto allows residents to access a vast job market with ease.

How Much Money Do You Need to Live in Oakville?

The cost of living in Oakville can vary depending on your lifestyle and housing choices, so let's break down the key expenses you should consider when planning your budget in Oakville.

Housing

Housing is one of the most significant expenses in Oakville, but the real estate market offers a wide range of options, from apartments and townhouses to single-family homes. Prices can vary greatly, but it's not uncommon for homes in desirable neighbourhoods to be on the higher end of the spectrum, so we recommend doing your research and contacting us to talk about your personal home-buying options.

Utilities

The cost of utilities, including heating, electricity, water, and internet, is generally in line with the national average, but remember those classic Ontario winters that will demand more heating usage.

Transportation

While you can enjoy excellent public transportation options within Oakville, commuting to Toronto may require a car. Gas, maintenance, insurance, and parking costs can add up.

Things to Do In Oakville

Oakville continues to offer an array of recreational and entertainment options that enrich the lives of its residents. The town's commitment to fostering a healthy and active community is evident through its numerous recreational facilities, including fitness centers, sports clubs, and well-maintained parks. Outdoor enthusiasts can explore the extensive trail system that winds through scenic natural areas, offering opportunities for hiking, cycling, and picnicking.

For those seeking indoor entertainment, Oakville offers a variety of dining options, from cozy bistros like J.A.C’s to fine dining restaurants. The town also boasts shopping districts, boutique shops, and malls, ensuring there's no shortage of retail therapy opportunities.

Is Mississauga or Oakville Better?

Many homebuyers narrowing down the search for that perfect Ontario town often ask us this question, and we know that for some, choosing between Oakville and Mississauga can be a complex decision. Both places offer distinct advantages and cater to different lifestyles, but ultimately, determining which is better to live in depends on your personal preferences and priorities.

Oakville: Nestled quietly on Lake Ontario's shores, Oakville is known for its serene, suburban atmosphere, and the heart of its charm lies in its safe and family-friendly environment. The quality of life in Oakville is considered to be quite high, and the town is renowned worldwide for its affluent neighbourhoods and potential for superior living.

Mississauga: In contrast, Mississauga is a bustling, multicultural city, and as Canada's sixth-largest, it offers a wide array of urban amenities and diverse career opportunities. The city is characterized by its vibrant nightlife, shopping centers, and cultural diversity, hosting numerous cultural festivals and events and celebrating its multicultural fabric. While it may not have the same suburban tranquillity as Oakville, it appeals to those who seek a more urban lifestyle with convenient access to Toronto.

Is Oakville a Good Place to Live?

Oakville, Ontario, is a great place to call your next home, with one of Canada’s best lifestyles and safest neighbourhoods. While it comes with a higher cost of living (especially in the housing market) and a quieter nightlife, the choice of whether to make Oakville your home or not ultimately depends on your individual preferences and priorities. It's crucial to weigh the pros and cons carefully, considering your budget and lifestyle needs, and we encourage you to conduct further research and seek local insights to make an informed decision.