Oakville has lakefront heritage streets, golf-course neighbourhoods, new-build communities north of Dundas and two GO stations on the Lakeshore West line. This guide covers what homes cost, where to look and what to budget for when you buy here.
The Oakville market right now
In the first quarter of 2026, 1,632 new listings came on the market against 451 sales. That gives buyers more choice and more room to negotiate than in recent years. The average price covers everything from condos to lakefront estates, so neighbourhood averages vary widely, as the table below shows.
Source: TRREB Community Market Report, Oakville, Q1 2026.
Neighbourhoods at a glance
Average prices are for all home types in Q1 2026. Some neighbourhoods had only a few sales, so treat these as a rough guide, not a valuation.
| Neighbourhood | Q1 2026 sales | Average price | Known for |
|---|---|---|---|
| College Park | 19 | $994,200 | Central location near Sheridan College's Trafalgar campus, with older homes and townhouses |
| Falgarwood | 20 | $997,250 | Established east-side streets with mature trees and quick QEW access |
| River Oaks | 58 | $1,029,329 | Family subdivisions with parks, trails and the busiest sales in town |
| Westmount | 42 | $1,031,802 | Newer family homes near the hospital and shopping |
| Glenorchy | 45 | $1,055,163 | Newer communities north of Dundas Street, including new construction |
| West Oak Trails | 25 | $1,289,188 | Trail-connected family neighbourhood close to Oakville Trafalgar Memorial Hospital |
| Bronte | 39 | $1,389,815 | Bronte Village harbour, waterfront parks and Bronte GO |
| Glen Abbey | 41 | $1,447,923 | Established golf-course community with ravine trails |
| Joshua Creek | 19 | $1,762,247 | Larger executive homes in east Oakville |
| Old Oakville | 15 | $1,956,881 | Downtown shops on Lakeshore Road, heritage homes and the lake, near Oakville GO |
| Morrison | 11 | $4,689,864 | Luxury estates on large lots in southeast Oakville |
Prices from TRREB's Q1 2026 Oakville Community Market Report. Neighbourhood descriptions are general, so ask us about specific streets and schools.
Schools: Oakville is served by the Halton District School Board and the Halton Catholic District School Board, plus French-language and private schools. School boundaries can change, so always confirm a home's assigned schools with the board before you buy.
Getting around
- GO Transit: Oakville GO and Bronte GO are on the Lakeshore West line into Toronto's Union Station. Oakville GO has more than 2,700 parking spaces.
- Highways: the QEW runs along the south, Highway 403 crosses the middle of town, and Highway 407 runs along the north edge.
- Local transit: Oakville Transit connects neighbourhoods to both GO stations.
Closing costs and land transfer tax
Budget for closing costs on top of your down payment. The biggest one is usually Ontario's land transfer tax. Oakville and Burlington don't charge a municipal land transfer tax. In Ontario, only Toronto does.
| Purchase price | Ontario land transfer tax | First-time buyer (after $4,000 refund) |
|---|---|---|
| $700,000 | $10,475 | $6,475 |
| $1,000,000 | $16,475 | $12,475 |
| $1,250,000 | $21,475 | $17,475 |
| $1,400,000 | $24,475 | $20,475 |
Based on Ontario's residential rates: 0.5% up to $55,000, 1% to $250,000, 1.5% to $400,000, 2% to $2,000,000 and 2.5% above that. First-time buyers can get a refund of up to $4,000 if they meet the province's eligibility rules. Your lawyer confirms the final amount.
Other costs to plan for:
- Legal fees and title insurance for your real estate lawyer to close the purchase
- A home inspection before you firm up your offer
- Adjustments on closing, such as property tax or condo fees the seller has prepaid
- Ontario's 8% sales tax on mortgage default insurance, if your down payment is under 20%. It's paid at closing and can't be added to your mortgage.
- Moving, utility hookups and any immediate repairs
Buying new construction? Ontario announced an expanded HST rebate for new homes bought as a primary residence, for purchase agreements signed from April 1, 2026 to March 31, 2027. It's worth up to $130,000. Ask your lawyer whether your purchase qualifies before you sign.
How buying works, step by step
Get pre-approved
A mortgage pre-approval tells you your real budget and holds a rate while you shop. Lenders test whether you could still afford the payments at a higher rate, so the amount may be lower than you expect.
Agree on how we'll work together
In Ontario, you sign a written buyer representation agreement that sets out the services you'll receive. We'll go through it together before you sign.
Shortlist neighbourhoods and homes
We match your budget, commute and school needs to the right areas, then tour homes and compare recent sales.
Make an offer
We decide your price and terms together, including conditions like financing and inspection where the market allows. In a multiple-offer situation, we plan your strategy in advance.
Firm up and pay your deposit
Once your offer is accepted, you deliver the deposit, usually within 24 hours, and work through any conditions by the deadline.
Close and get the keys
Your lawyer handles the title search, mortgage funds and land transfer tax. On closing day, you get the keys.
Frequently asked questions
Is there a municipal land transfer tax in Oakville?
No. Oakville buyers pay only Ontario's provincial land transfer tax. In Ontario, Toronto is the only city with a municipal land transfer tax.
What is the average home price in Oakville?
TRREB reported an average of about $1.35 million across all home types in Q1 2026. Neighbourhood averages ranged from under $1 million in College Park to over $4.6 million in Morrison.
Which GO stations serve Oakville?
Oakville GO and Bronte GO, both on the Lakeshore West line to Toronto's Union Station.
Right at Home Realty, Brokerage, Burlington Branch. Independently owned and operated. Not intended to solicit buyers or sellers currently under contract with a brokerage.