Ranked the best place to live in Canada by MoneySense Magazine, Oakville is also one of the best communities to invest in.
Oakville is a beautiful lakeside town with a strong heritage, preserved and celebrated by residents and visitors alike. This striking town has become one of the most coveted residential and business communities in Ontario.
Population: 209,000
Average Age: 41.9
Average Household Income: $188,997
Average House Price: $1.5M
People Employed in Oakville: 100,000+
Average Household Net Worth: $1.7M
Oakville is in the heart of Greater Toronto Area only 30 minutes outside Toronto. With strong access to downtown Toronto via the QEW, Highway 401, and GO Train.
The average household earns $188,997 pre-tax annually, which is more than $60,000 a year more than the broader region.
In comparison, GTA $124, 514 and Ontario $111,866
Robust local economy with strong projected employment growth. By 2041 Oakville is projected to add 41,000 new jobs, bringing new residents to the community.
Oakville has had consistent population growth with 209,000 residents in 2020
2016: 193,832 (+6.2%)
2011: 182,520 (+10.2%)
2006: 165,613 (+14.4%)
2001: 144,738 (+12.7%)
1996: 128,405 (+12%)
Oakville consistently ranks in the top ranks of the best places to live, best places for newcomers, best places to retire and best places to raise a family in Canada.
Oakville features kilometres of recreational trails, expansive green space, waterfront parks, walking trails and bike paths, world-class shopping malls, boutiques and specialty markets. Plus, a world-renowned golf course designed by Jack Nicklaus, modern recreation centres, a brand-new hospital, galleries, and a state-of-the-art performing arts centre.
Oakville is a safe community with excellent schools, community facilities and health services.
25 minutes to Pearson International Airport, Canada’s largest airport.
30 minutes to Union Station and downtown Toronto.
1 hour to the U.S. border.
2 major shipping ports within 40 kilometres.
Intermodal rail access.
Access to highways 403, 407 and QEW from within Oakville.
Oakville’s population is among the best educated in the country, with 67% of residents aged 25 to 64 holding a post-secondary degree.
Sheridan College, one of the world’s premier animation and design schools, providing applied arts and technical programs.
17 world-class universities and colleges within one hour including University of Toronto, McMaster University, York University, Sheridan College, University of Guelph, University of Waterloo, Wilfred Laurier University, Brock University.
Home to many of the best 15 private schools in Canada Including: Appleby College, Chisholm Academy, Holy Name of Mary College School
Oakville has exciting and varied shopping, cultural and restaurant offerings and are local destinations for residents and employees.
Bronte Village – On the shores of Lake Ontario, Bronte Village is home to over 200 businesses. Discover international and local dining, cool shops and fine boutiques — all in a beautiful lakeside setting.
Downtown Oakville – A delightful shopping and cultural district with a mix of retail, professional services and exceptional dining. Downtown has over 400 businesses and is rich in history and heritage.
Kerr Village – A vibrant community with its own distinctive character, Kerr Village is known for its shops, restaurants and community events.
80% of Oakville’s population (ages 25 to 65) has a post-secondary education making it one of the most educated communities in Canada and the world.
Great depth of talent available locally – specialized professionals with skills and experience.
Head offices of key sectors are located in Oakville. These include life sciences; professional and financial services; digital media, ICT and film; and advanced manufacturing.
Home to many industry leaders including Ford Canada, PwC and Siemens.
