List of Budget-Friendly and Best Neighbourhoods in Oakville

Explore Some Affordable And Best Neighbourhoods in Oakville

Last Updated - December 18th, 2024

Are you thinking about moving to Oakville but worried about the costs? You might be surprised to find that Oakville has several neighbourhoods that are both affordable and lovely to live in. While Oakville is known for its high property values, there are areas where the dream of homeownership is a possibility for the average buyer. Here, we will explore some of the best neighbourhoods in Oakville that balance affordability, amenities, and quality of life. There’s something for everyone, from family-friendly areas with lots of green spaces and schools to cheerful communities close to colleges and entertainment. Whether you are a young professional, a growing family, or looking for a peaceful retirement spot, today, you’ll discover the best affordable places to live in Oakville. Let’s begin with the details of these neighbourhoods to help you find your perfect home in this beautiful city.

Table of Contents

Bronte

If you love being by the water, Bronte is your spot. Located right on the harbour, this neighbourhood is perfect for anyone who enjoys boating and fishing. Bronte isn’t just about marine life, though. It’s got a real community feel with luxury condos, townhomes, and custom houses. For those who like to walk with a view, a beautiful trail starts from Heritage Waterfront Park. It takes you past beaches and piers while offering stunning lake views. Bronte is also great for shopping and dining, with unique shops and dining spots. Some of them include Lana’s Boutique, Cucci Restaurant and La Parisienne Creperie.

With a median household income of approximately £125,000, Bronte attracts retirees and young professionals who love condo living by the water. The neighbourhood is inviting and consists of some luxury activities as well. If this sounds like your kind of place, why not consider making Bronte your new home?

Old Oakville

Old Oakville is also known as Downtown Oakville. This distinctive neighbourhood offers an urban atmosphere with a slight touch of history. This neighbourhood is right on the water and is perfect for those who need to commute to Toronto, as it’s just a short trip away. Old Oakville is the most walkable area in town. Here, you can easily enjoy its beautiful shopping districts and cheerful nightlife. The streets are blessed with historic buildings and modern luxury condos. Taking a case where you’ll love history, you’ll appreciate the old homes on the south end of the lakeshore. The northern end has much to offer for newer, more luxurious living. Old Oakville is worthy of pictures, making it a sought-after area for those looking for the charm of a historic town with the conveniences of the city. The average home here sells for £1.63 million, reflecting the desirable nature of the location. If you’re looking for a cheerful community with a touch of history, Old Oakville might just be the place for you.

Another great thing about Old Oakville is there’s always something to do here. The Oakville Centre for the Performing Arts and the Oakville Museum are great places for culture and entertainment. And don’t forget about the shopping and dining. There’s a lot to explore with places like Anthropologie and the local favourite, 151 Social.

Glen Abby

Glen Abbey is known for its love of golf. This neighbourhood is home to one of Canada’s most famous golf courses, Glen Abbey Golf Club. Golf Canada and the Canadian Golf Hall of Fame are also nearby. Living here could be your idea of paradise if you love to play golf. Glen Abbey has a lot of houses with fantastic views of the golf course. Imagine waking up to a nicely manicured green every morning. The calm cul-de-sacs at the end of these streets are named after golf courses. In addition to golf, Glen Abbey has a thriving cultural scene with well-liked Bollywood dance classes for all age groups. Foodies will love the Monastery Bakery, which is well-known in the community for its mouth-watering pastries.

This community combines the ease of being close to a large metropolis with the peace and quiet of suburbia living. Most of the homes were constructed in the 1980s and 90s, and a combination of huge, modern homes and classic architecture may be found. With a typical household income of £113,422, Glen Abbey is desirable for people seeking suburban comfort near city facilities. Glen Abbey might be the ideal fit if you’re seeking a destination to mix leisure and your passion for golf.

Southwest Oakville

A popular neighbourhood in southwest Oakville is ideal for families and anyone who values extra space. This suburb, sandwiched between Bronte and Central Oakville, is ideal if you like being outside and having a strong sense of community. There is plenty of space for everyone because these houses are situated on larger lots. It has several of the greatest schools, lots of outdoor activities, and a huge selection of places to dine and shop. Everything you require is only a quick drive or stroll away.

Coronation Park, situated directly on the lakefront, is one of the area’s features. The park comes alive in the summer with many family-friendly activities, such as The Oakville Waterfront Festival. With breath-taking views of the lake, it’s a great place to go hiking or picnic. Southwest Oakville’s older homes have been renovated or replaced recently with brand-new, bespoke residences meant to appeal to families seeking opulent living. This community is perfect for people seeking a lovely location with a balance of comfort and convenience, as seen by the median household income of £200,000. If you want a community with lots of room and activities, Southwest Oakville can be the ideal place to raise a family.

River Oaks

River Oaks is a cheerful neighbourhood that blends urban convenience with natural access. It’s perfect for families, young professionals, or anyone who values a community-oriented lifestyle with plenty of amenities. River Oaks is easily one of the best Oakville neighbourhoods. This area is designed to be pedestrian and cyclist-friendly. You’ll find bike paths and sidewalks throughout, making getting around without a car easy. It’s a place where you can enjoy a more relaxed pace while still having access to the urban essentials.

At the heart of the neighbourhood is the River Oaks Community Centre. It’s a hub of activity with facilities including an ice rink, squash courts, a gym, and a cycle studio. There are programs and activities for both adults and children, making it a great place for community engagement. Homes in River Oaks often feature balconies or front porches that look out onto the street, and garages are usually tucked away at the back. This layout enhances the neighbourhood’s friendly, open feel.

With a median household income of £150,000, River Oaks offers a good mix of affordability and quality of life. Whether you’re starting a family, looking for a friendly community, or simply want to enjoy a balance of city and suburban life, River Oaks could be the perfect fit.

Ford Drive

Ford Drive is a charming neighbourhood located on the southeast side of Oakville. It’s known for its upscale homes and close proximity to top-notch dining and downtown shops. If you’re commuting to Toronto, you’re in luck—the journey takes about 30-40 minutes, depending on traffic. This area is ideal for families, offering access to excellent schools, including E.J. James ES, Maple Grove ES, and Oakville Trafalgar Secondary. The homes here were mostly built between the 1960s and 1980s, and you’ll find various two-story homes. Prices range from moderate to very high, catering to diverse budgets and preferences.

Amenities are never far away in Ford Drive. The Maple Grove Shopping Centre has everything from groceries to restaurants. For recreation, the Maple Grove Arena is nearby, where residents can ice skate and join hockey teams. The neighbourhood also boasts multiple parks and is close to the lake, perfect for outdoor enthusiasts. Ford Drive combines a luxurious lifestyle with convenience, making it a fantastic choice for those seeking quality living near the city. Ford Drive might be your place if you value a neighbourhood with excellent amenities and a comfortable commute. Ford Drive stands out among all the Oakville neighbourhoods because of its premium housing options.

Wedgewood Creek

Wedgewood Creek is an ideal neighbourhood for new families looking for an affordable place to call home. It’s known for its family-friendly atmosphere and modern community feel, offering great value for those starting out. Homes in Wedgewood Creek mostly date back to the 1980s but have been updated to reflect modern tastes and needs. This Oakville area is well-planned and focuses on community living, with plenty of parks and trails for outdoor activities. The Iroquois Ridge Community Centre is popular here, offering social and recreational options, including outdoor tennis courts.

For your shopping needs, the Upper Oakville Shopping Centre has everything from grocery stores to retail shops, making everyday errands convenient. The neighbourhood also provides good access to major highways and public transit, easing the commute to and from work. Residents are generally between 30 and 45 years old, with a median household income of £190,000, making it a popular community of young professionals and families. If you’re looking for a neighbourhood that combines affordability with a strong community spirit and ample amenities, Wedgewood Creek might be the place for you.

College Park

College Park is a diverse neighbourhood in Oakville, offering moderately priced homes that attract young families, students, and senior citizens. Its affordability and variety of housing options make it attractive for many. The neighbourhood is particularly appealing to students because it’s home to Sheridan College. This proximity to educational facilities makes College Park a hub of activity and cultural diversity. Families also enjoy the area’s numerous parks and green spaces, providing plenty of outdoor recreation opportunities.

If you enjoy golf, you’ll be pleased to know that College Park is near both the Glen Abbey and Oakville Golf Clubs, offering easy access to some great courses. Additionally, ample schooling and daycare options make it a practical choice for young families. The major highways are easily accessible from here, which is perfect if you commute to Toronto. With a median household income of around £90,000, College Park is one of the more affordable and best neighbourhoods in Oakville, offering good value and a friendly community atmosphere. If you’re looking for a budget-friendly neighbourhood with all the essentials close at hand, College Park could be just the right fit.

West Oak Trails | West Oakville

West Oak Trails, nestled in the scenic hills of Oakville, is a neighbourhood that offers a peaceful suburban feel with plenty of green spaces and outdoor activities. It’s perfect if you enjoy spending time in nature or leading an active lifestyle. This area is highly walkable, with trails weaving through the woods and bike lanes along the streets, making it ideal for cyclists and pedestrians. West Oak Trails has excellent facilities for those who love sports, including baseball diamonds, tennis courts, and pools. While most and best neighbourhoods in Oakville meet the urban living standards, West Oakville stays connected to nature with a suburban living style.

The community also benefits from the recent opening of the New Oakville Hospital, which has boosted its popularity among residents. Newly built schools and a library enhance the neighbourhood’s family-friendly appeal. The average sale price for a two-story home with three to four bedrooms in West Oak Trails is £1.2 million. Most households in West Oak Trails have an income of £150,000 or more, reflecting the area’s prosperous nature. If you’re looking for a place with suburban charm, ample outdoor activities, and modern amenities, West Oak Trails could be your ideal home.

Wrapping Up

And there you have it! Whether you’re drawn to the serene trails of West Oak Trails or the student-friendly vibe of College Park, Oakville has a neighbourhood that can match your budget and lifestyle. Each area offers unique charm and amenities, making Oakville a great place to call home, regardless of your financial bracket. So, if you’re searching for a spot where the value meets the scenery, consider giving one of these affordable Oakville neighbourhoods a closer look. You might find your perfect spot to settle down without breaking the bank. Happy house hunting!

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Frequently Asked Questions (FAQs)

Where is the best place to live in Oakville?

The best place to live in Oakville depends on your needs. College Park and West Oak Trails are popular because of their affordability and community feel.