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.