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Oakville: The Best Place to Live in Canada

Oakville, Ontario has recently been named Canada’s Best Place to Live by MoneySense magazine. Oakville has usually scored high on this list but 2018 is the first year it has been ranked number one. Elite 3 has had the pleasure of conducting business in Oakville for several years and this ranking comes as no surprise. The Town of Oakville has always been a real estate hot spot particularly for families, and Elite 3 is proud to work in such a respected community.

Source: https://pkre.properties/oakville-waterfront-stroll/?doing_wp_cron=1533483285.0084590911865234375000

Oakville was also ranked the number one place for new Canadians to live. The low unemployment rate, diverse community, and great job market have contributed to Oakville’s reputation as an inclusive home for new Canadians.


MoneySense is a Canadian personal finance website and magazine that comes out with the list of Canada’s Best Place to Live each year. They consider a broad range of characteristics, including prosperity, affordability, safety, public transportation, weather, and many more (MoneySense). Oakville scored high in a number of these areas, and was placed in the top 25 per cent of all cities in six out of ten categories (MoneySense). In addition to being placed top in Canada’s Best Place to Live and Best Place for New Canadians, Oakville was also ranked the third best place to retire and the fifth best place to raise a family (MoneySense).


Here are a few reasons why Oakville is such a great place to live.

Source: https://parkbench.com/blog/about-old-oakville-oakville-ontario

Wealth and Economy

Oakville is an affluent community and is home to a number of lakefront mansions. MacLeans reports that the average household annual income in Oakville is $162,00, which is the 10th highest in the country. The average home value is $1.2 million, which is the 13th most expensive in Canada (MacLeans). At the same time, Oakville is a very generous town, with a number of charities, not-for-profits, and community events. This generosity and the ample job market make it possible for low- and middle-income residents to afford to live in Oakville.


Demographics and Diversity

Oakville is a welcoming and inclusive community, where immigrants and new Canadians have found great success. As MoneySense reports, the percentage of visible minorities in Oakville has increased from 18 per cent to 31 per cent in the last 10 years. “It is the 35th most linguistically diverse city in the country, with about 30 per cent of residents speaking a language other than English or French” (MoneySense).

Source: http://educationoakville.com/school-options-in-the-town-of-oakville-its-all-about-choice/



The small-town feel of Oakville contributes to the overall atmosphere of community, inclusivity, and unity. The charming downtown core and locally-owned shops provide a small-town atmosphere which contrasts nicely with the hustle and bustle of neighbouring cities like Mississauga and Toronto. Rob Burton, the Mayor of Oakville, has said that “Oakville is a city that calls itself a town and acts like a village. Oakville as a community is determined to maintain that town vibe” (MacLeans).

Source: http://www.ourkids.net/school/appleby-college-oakville/8



Oakville’s schools are some of the best in Ontario. Appleby College is a renowned private boarding school, attracting students from all over the world. Sheriden College is located in the heart of Oakville, and is known for its great arts and science programs. Oakville Trafalgar High School, E.J. James Public School, and St Thomas Aquinas Catholic School are schools that have consistently scored high on academic rankings in the Halton Region.


These are just a few reasons Oakville has been ranked the number one place to live in Canada. Elite 3 has enjoyed doing business in Oakville for many years and we are looking forward to the future of real estate in the Town of Oakville.






https://pkre.properties/oakville-waterfront-stroll/?doing_wp_cron=1533483285.0084590911865234375000 (photo)



http://www.ourkids.net/school/appleby-college-oakville/8 (photo)

https://parkbench.com/blog/about-old-oakville-oakville-ontario (photo)


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Written on August 15th, 2018

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