Neighbourhoods

Central Oakville

21 Dec

Your typical neighbour:

Most homeowners in central Oakville range between 45 – 74 years old.  This area is popular with empty nesters and downsizers who are moving from larger family homes but are not quite ready to go to a condo.

North of lakeshore road surrounding Kerr Street,  a younger demographic has started to populate this trendy area. Average household income in this area is $113,050.

 

What we love:

Community and a growing corridor of stores and restaurants on Kerr Street. Most of these restaurants are privately owned and charming. One of our favourite places to grab a bite for lunch is at Kerr Street Café  or dinner at Stoneys, Gingerman or JAC’s.

 

Types of homes:

Home ages range in this area with 34% of homes being under 10 years old and 42% being between the ages of 26-60 years.

 

The bottom line:

Home off the Kerr Street corridor can start around $650,000 for a house in need of some renovations and can range up to $2,500,000 for a newly built home closer to the lake. Lakefront properties are upwards of $6,000,000.