Retire in style
Oakville is known for its sophisticated European charm. It is considered one of the top places to retire to in the GTA… at least, if you have money. Why does that matter? Because everything from housing to food here costs.. if not an arm and a leg, then at least a finger or two. That said, if you can afford it, the town is lovely. Not only is the waterfront beautiful, but the people are warm and friendly. Also, if you are older and dealing with some health problems, this is the perfect place to be as there is plenty of support and a strong medical community.
Oakville is full of beautiful homes, especially by the waterfront. Apartment buildings are sprinkled around, while there are luxury condos, by the mall and the highway. You get what you pay for in Oakville. If you want a waterfront property or a luxury condo, your housing costs will be very high. Need something more affordable? Check out an apartment further afield and then take walks by the waterfront!
Typical housing type:
A blend of detached houses, apartment buildings, and luxury condos.
Avg. rent by housing size:
Avg. rent compared to other Canadian cities:
Oakville is on par with the Canadian average
Apartment hunting in Oakville is easy – but don’t expect to find anything under $1,000 per month. It is difficult to find anything all inclusive, but you may be able to get hydro included or water included. You can, however, get plenty of amenities, especially in condo buildings. It is common to have dishwashers, pools, fitness centres, balconies, and/or laundry here. You will also easily get 1-bedrooms, 2-bedrooms, and 3-bedrooms. There are even pet-friendly places where dogs are allowed, including some close to downtown.
Oakville is mainly a retirement community – and it supports its older population well. If you are dealing with health issues, this is a great place to be. Not only are there incredible doctors and specialists, but everywhere from restaurants to stores are accommodating and understanding about health problems.
Oakville has a large seniors community, as well as some families. Across the board, residents of Oakville tend to be more affluent, on average, than other nearby cities. Locals tend to be highly educated and make a lot of money (or used to make a lot of money before retiring). Money is not the focus in Oakville, though. Instead, residents focus on outdoor and cultural activities, like yachting and having season’s tickets to the opera.
Perfect for: Retirees with some money in the bank.
Not-so-perfect for: Anyone in need of affordable housing.
Life & Style
Oakville is a quaint city. With many locals being retired, it is common to see residents running errands in the morning before strolling through downtown, sipping a latte in the afternoon. Social clubs and hobbies are big here as seniors need activities to fill their days. Evenings and weekends are used for fine dining, shopping and entertainment. Locals also love outdoor activities, especially ones that take them out on the water.
Oakville is known for its spectacular waterfront. There is also a gorgeous downtown area with small boutiques, bakeries, and even ice cream parlours. For entertainment, head over to one of the area’s movie theatres, including the 5 Drive-in. If shopping is more your speed, Oakville Place is your spot. There are plenty of grocery stores, including a Whole Foods Market. The area is short on fast food, but the ideal place to find high-end and independant dining options. Transit in the area is simple, as there is easy access to the QEW, as well as to the GO system. Don’t forget to check out Oakville’s many clubs, ranging from sailing to carving to dancing.
Bronte Creek Provincial Park
Bronte Fisherman’s Memorial
Oakville Art Society