Neighbourhoods

River Oaks

21 Dec

Your typical neighbour:

66% of home owners are married, and 96% of the homes in this area are owned. There are many young professional couples, and young families.  The majority of the population falls between 20-44 with an average househould income of $98,797.

 

What we love:

Trails! River Oaks is perfect for the nature lover as many trails meander through the neighbourhood. As you walk through these trails you will find many small parks with playgrounds and swing sets. The area feels secluded while being extremely close to many amenities along the Trafalgar and Dundas corridor.

 

Types of homes:

River Oaks was established between 1981 and 1990 with mostly two-story detached brick homes and townhomes. Some sections of River Oaks offer a carriage house style with a garage in the backyard. The newer part of River Oaks to the north offers affordable low and high rise condominiums built within the last 10 years with construction continuing to this day.

 

The bottom line:

900 square feet of living space in one of the high rise condos starts from $375,000. Detached homes range in price from $800,000 to $2,500,000. Townhomes start around $550,000 and detached homes around $800,000. Larger, newer homes backing onto ravines in Neyagawa can range up to $2,500,000. This area has seen a growth in popularity over the last couple years and prices continue to escalate.