Searching for a new home development in Oakville to relocate and live in or perhaps invest in can be pretty daunting. That is because the real estate industry is so broad and manoeuvring without experience is almost impossible. You need to have a set of preferences, find out what’s on the market and know about the financial options, plus have an inclusive budget that meets all needs. Having all that under one plate can be so difficult. A little help will carry the day.
Fortunately, your most trusted real estate guide is here to help you out. G1Homes comes in handy by providing you with a comprehensive list of available new construction homes in Oakville currently on the market. We have included vital details on the development projects, including locations, deposit structure, price, floor plans and amenities.
Read on as you try to find a perfect pre construction condo for sale or any other unit that might suit you well.
New Homes in Oakville.
Oakville has lots of new home developments currently under construction. Over 58 new development homes are being undertaken right now in Oakville. That number cannot stagnate but is expected to rise in the future since the city is still growing.
The developments in Oakville comprise over 30 condos, with an estimated 700 units now under construction. On top of that, the other developments included townhouses and single-family units.
Therefore, if you want to move into Oakville, reading this article will put you up to speed with all the best development projects you can chip in.
#1 The Residence at Bronte Lakeside.
The Residence at Bronte Lakeside is a development project you must check out if you are looking for a condo. The units made under Alliance United Corporation’s hands comprise six-storey buildings with over 203 units.
The development is primarily located at 2452 Lakeshore Road West, Oakville, ON. The Residence at Bronte Lakeside features units priced at $689,900 to $165,900. A single unit on the project measures 550 sq ft to 1199 sq ft.
The prime location under which this project sits gives it a luxury status. The suite that comes with the project comes with modern designs that feature elegant balconies with terraces facing the Lake and a stylish interior.
Amenities
- Fireside lounge
- Tech room
- Party room
- Private dining room
- Conference area
- Lobby room
- Gaming room
Pricing And Deposit Structure
As stated previously, a single unit on The Residence at Bronte Lakeside goes for $689,900 to $165,900. That means that $1315 is the price per sq ft. On the other hand, the deposit structure features two different styles. The deposit structure has adapted a system allowing locals and those from international regions to pay.
Local Structure
- $5,000 on signing
- 5% balance on 30 days
- 5% balance on 180 days
- 5% balance on 545 days
- 5% balance on occupancy.
International
- $10,000 on signing
- 10% balance on 30 days
- 10% balance on 180 days
- 5% balance on 545 days
- 5% on occupancy day.
#2 Oak and Co. Condos.
The Oak and Co. Condos is another new construction development by Cortel Group located at 278 Dundas Street East, Oakville. The development project is mainly a condo with several units over 708.
The price of one unit goes from $999,900 to $2,090,900, with the price of a single sq ft being $916. Living at the Oak and Co condos is a dream for those seeking peace of mind and an area with plenty of amenities.
Check out the following amenities you will get once you purchase or instead invest with Cortel Group.
- Concierge
- Fitness room
- Lounge
- Party door
- Dining room
- Karaoke area
- Kids zone
- Pilates studio
- Ping pong studio
- Outdoor BBQ area
Deposit Structure
- $5,000 on signing
- 5% balance on 30 days
- 5% balance on occupancy.
Floor plans
The Oak and Co condos got completed in 2022 and are ready for occupancy. Currently, 68 units have been sold from the 701 units made. Units come in two different plans: 1-bedroom suites and 2-bedroom suites. The two different plans are further split down into different styles.
#3 The Branch Condos
The Branch Condos is among the new developments in Oakville, Ontario. The project is situated at 2444 Old Bronte Road, Oakville, ON and is managed by Zancor Homes. This project by itself is a hot cake you might want to check out.
The development features 331 units ranging from 660 sq ft to 1120 sq ft. A unit goes for $878,800 to $1,476,900. The project is currently selling, and this is arguably the best time to come in and secure a unit for yourself.
Amenities
- Outdoor BBQ area
- Lounge
- Steam lounge
- Pool table
- Pet Wash and spa
- Lobby room
- Fitness facility
- Private dining area
Pricing And Deposit Structure
A unit by The Branch Condos is valued at $878,900 to $1,498,900. That means that a single sq ft goes for around $1278.
Deposit Structure
Below is the deposit structure to read and grasp before getting into any agreements;
- $5,000 on signing
- 5% balance on 30 days
- 5% balance on 120 days
- 5% balance on 210 days
- 10% balance during occupancy
#4 Glen Abbey Encore
Do you need to move into a new development in Oakville, Ontario? Well, G1Homes recommends investing in the great Glen Abbey Encore development project. Fernbrook Homes are undertaking the project. The developer is one of the best you can find in town.
That means that the units coming from them are nothing but world-class real estate properties—that is true considering the price of a single unit on the market right now. If you are looking to invest in them, then you need a little more than you have. A unit goes for $3,787,900 to $3,789,900.
The amount is enormous, but you will get real value for your hard-earned cash. The units made under this development project are mainly townhouses and single-family homes. Therefore, these units come in over 3 to 5 bedrooms that will work well with huge families.
Amenities
- BBQ area
- Fitness area
Deposit Structure
- $300,000 on signing
- $60,000 every 60 days
- $60,000 with offer
Conclusion.
The great Ontario province is one gem where investing in real estate projects won’t be wasted. Oakville, in that case, is the hub where development is ongoing and the perfect place you need to call your next home.
Oakville boasts a wide array of new construction development homes recommended to anyone seeking a new place to move. The many amenities `by the projects are just way above the ordinary. You are guaranteed peace of mind, and high returns once you invest in Oakville development homes.
