Population Increase & Economic Outlook: Oakville’s population of approximately 225,000 is projected to grow by 85% over the next 30 years, reaching over 1.1 million. The region aims to create 500,000 jobs, establishing it as a thriving place to live, work, and play. With an estimated need for 90,000 new housing units by 2031 but a shortfall of over 35,000 homes, the demand for real estate and rental properties will soar, driving up values and rates
Location: With easy access to the QEW, Highways 403 & 407, Oakville offers seamless connectivity. Just 10 minutes from Toronto’s edge and under 20 minutes to Union Station (excluding traffic), it provides convenient transportation. Surrounded by Lake Ontario, 25 minutes from Pearson Airport, and an hour from the US Border, Oakville is highly desirable and incredibly convenient.
Schools & Demographics: With an average household income of $192,562 in 2020, Oakville surpasses the provincial average by 72%. It boasts exceptional education, including 14 top-ranked private schools such as Appleby College, and 3 elementary & 6 secondary schools ranking in Ontario’s Top 100. Plus, 17 post-secondary schools are within an hour’s drive.
Reputable Developer: With a rich history spanning over 35 years, Castleridge Homes has been at the forefront of designing, building, and developing an extensive portfolio of condominiums, townhomes, custom homes, as well as commercial, retail, and industrial buildings across the Greater Toronto Area (GTA).