The new condo market in Oakville has seen a huge surge in demand in recent months.
We have seen many investors identify the condo market in Oakville as one of the most undervalued in the GTA and the last few condos to launch have all sold extremely well – with overnight line ups for an opportunity to invest (something we haven’t seen in many years) started to creep back in to Oakville.
Oakville is one of the most prestigious suburbs in the GTA (and the #1 ranked place to live by MoneySense out of 415 cities across Canada) but the condo pricing relative to other suburbs remains undervalued (for now).
The new release at Distrikt Trailside 2.0 is one of the best opportunities for condo investors to jump into this market – the below table highlights the amazing value compared to recent launches in other suburbs.
DISTRIKT TRAILSIDE 2.0 – $790/ft (including parking & locker!)
Mississauga City Centre – $1,000/ft +
Etobicoke – $900/ft – $1100/ft
Thornhill – $875/ft
North York – $1050/ft – $1100/ft
Vaughan – $930/ft
We got a chance to catch up with Eric Kuzuian (Sales Manager, Distrikt 2.0 and Partner, Austin Birch) to discuss all things Oakville ahead of the launch.