There are many options available to those choosing a home in the GTA. Oakville condos provide homeowners with a unique lifestyle not found anywhere else in the area. There was a time when living in a condominium was the ideal choice for a first time homebuyer or even an empty nester. Not anymore. Condo living can appeal to just about anyone looking for carefree living in a luxurious environment. Oakville has more to offer than most communities which makes it an ideal place to make such an investment. One just has to look at the types of properties available in the area and then compare with what other communities have to offer. If you are looking for condos for sale in oakville, you will find value at every price level. If you are looking for condos for rent in oakville, there is choice and availability for everyone.
Types Of Condos For Sale Or Rent In Oakville
The Types Of Condos found in many communities usually follow a common trend. You may find low rise condos in residential neighbourhoods well suited for those looking for an affordable option. There may be a couple of luxury condos in the downtown area which cater to those looking for more amenities who don’t paying a higher price. Oakville tends to be unique in that regard. There are many options out there to satisfy every possible want or need.
Low Rise Condominiums
There are those that have no desire to spend all their time in an elevator nor do they want all the pricey amenities that they may never use enough to justify the cost. Low rise condominiums are usually no more than 4 floors and tend to offer a different lifestyle compared to a high rise building.
Mid Rise Condominiums
You will find that in most cities condo developments are consistent with the surrounding community. Mid rise buildings are usually 4 to 12 floors and tend to be the most common.
High Rise Condominiums
When people think of condo living they usually picture a high rise glass tower with balconies overlooking the city. High rise building are usually more than 10 floors and tend to have amenities which include fitness centre, indoor pool, party rooms, and underground parking.
There are people who want to enjoy condo living without the constraints of living in an apartment. Townhomes are the perfect option for those looking for carefree living while maintaining a sense independence with your own yard and driveway.
Oakville has an exceptional downtown area compared to other communities with similar population. The condo developments in the downtown area reflect the prestige of the community.
The demographics of Oakville have contributed to the evolution of luxurious developments that are the envy of the GTA. It is fair to say that probably no other community can offer buyers the magnitude of luxury found here.
When people think of Oakville, they think of its beautiful waterfront. It is not uncommon to find luxurious condo developments bordering prestigious yacht clubs or the famous waterfront trail.
North Of the QEW
There are those that value functionality over downtown living or waterfront luxury. Condos north of the QEW tend to offer more value per dollar as well as proximity to more parking, power centres, QEW, 407, and more.
If you’re looking for a trendy lifestyle that has a little of everything, then living in the heart of Bronte Village maybe for you. There are many options that range from affordable to luxurious waterfront condos with yachts and private clubs while at the same time being surrounded by trendy restaurants and boutiques within walking distance.
Price Range To Buy
Oakville condos are priced at different ranges depending on the building and area. You can find affordable options in the low $200k price range. Usually, these will be economy buildings with very little or no amenities offered or they can be older buildings which require more maintenance. If you want more luxury in your life, you can easily find condos in the million dollar price range. At this price level, you can expect a downtown or waterfront location, 24 hour security and concierge, large layouts, beautiful landscaping, large terraces, indoor pool, fitness centre, trendy restaurants outside your door, and more.
Price Range To Rent
There are many rental options also available. If you’re looking for economy, you can find condos for rent beginning at about $1200 per month. This will usually be in a much older building with little or no amenities at all. If you’re looking for something in the higher end of the market, you can expect to pay as much as $5000 per month. This will get you the amenities of a 5 star hotel.
Oakville Condos As An Investment
An Oakville condo is a great an investment. Whether you buy it for your home or even to rent out, you really can’t go wrong. Oakville is a prestigious community where people aspire to live. The market will continue to evolve over time. There probably is no other place that can offer comparable value.