The objective of the North Oakville Plan is to establish new communities with a mix of residential and commercial properties, improved transportation options, and the preservation of natural spaces. Oakville has implemented a Diversity and Inclusion Action Plan for 2021 to foster an environment where everyone can belong.
Why Buy New Condo Developments in Oakville?
Oakville is a flourishing community that offers diverse investment opportunities in real estate, with easy access to surrounding cities via highways and a plethora of employment possibilities in various industries. The town is home to major corporate offices of renowned companies like Ford Motors, Siemens Canada, and Tim Hortons, as well as 322 life sciences companies. Oakville boasts many highly regarded secondary and elementary schools and has one of the highest ratios of private schools in the country. Sheridan College’s main campus is also located in Oakville, offering a diverse range of programs such as Applied Health and Community Studies, Engineering Sciences, Social Sciences, and Business, with over 49,000 students enrolled. If you invest in a new condo development in Oakville, you’ll have access to top-notch schools, secure neighborhoods, and the city’s lakeside recreational areas, green spaces, and downtown shopping district. Oakville Transit, GO Transit, QEW, and Highways 407 and 403 make traveling throughout the city and the Greater Toronto Area effortless.
Employment in Oakville
Oakville boasts a skilled and diverse workforce that is heavily concentrated in four key industries: Financial Services, Digital Media, Information and Communication Technology (ICT), Film, Life Sciences, and Advanced Manufacturing. Within Oakville’s Financial Services sector, over 2,600 companies employ more than 28,000 workers, with notable employers including Siemens Canada, PwC, and Canadian Tire Financial Services. The Digital Media, ICT, and Film sector of Oakville is home to over 904 businesses that employ more than 7,600 workers and specialize in various fields such as computer programming, media design, and film production. Prominent employers in this sector include The Weather Network and Rockstar Games Toronto. Oakville’s Life Sciences sector has more than 300 companies and over 10,000 employees who provide a broad range of services, including medical and pharmaceutical services. Finally, Oakville’s Advanced Manufacturing sector has nearly 300 businesses and over 8,000 employees working in the automotive, aerospace, and energy industries. Key players in this sector include Ford Motor Company of Canada, Dana Corporation, and Collins Aerospace.
Neighborhoods in Oakville
Oakville is home to 12 distinct neighborhoods, each with its own unique features. Among the popular neighborhoods to consider for purchasing pre-construction condos in Oakville are Uptown Core, River Oaks, Old Oakville, and Bronte Village. Uptown Core, located in the heart of Oakville at the major intersection of Trafalgar Rd and Dundas St E, is a bustling neighborhood with a mix of large commercial areas and suburban homes. It has a city-like atmosphere with many entertainment options and shopping plazas. The area is also pedestrian-friendly and has easy access to public transit via major roads, with a range of housing options from single-family homes to townhouses and condos. Commuting is also convenient for Uptown Core residents, with quick access to Highways 403 and 407.
If you prefer a quieter setting, River Oaks may be a good choice, located directly west of Uptown Core and south of Dundas St W. It is a family-friendly urban-style neighborhood with plenty of nearby amenities and green spaces, and easy access to shopping areas, public transit, and highways.
Old Oakville, also known as the town’s Downtown area, is a trendy and charming neighborhood located south of the town and right on the shore of Lake Ontario. It boasts many shopping boutiques and local dining options in its downtown area, as well as a picturesque lakeshore for strolling. Old Oakville residents can easily access public transit and highways and can choose from newer residential developments in the neighborhood.
Lastly, Bronte Village is a waterfront neighborhood situated west of Old Oakville, with a mix of older homes and newer developments, including high-rise condominiums. Residents of Bronte Village can enjoy waterfront parks, fine dining options, and shopping boutiques along the main street. All of these neighborhoods provide great opportunities for purchasing new condo developments in Oakville.
