Eastlake, Oakville Neighborhood Guide
Eastlake is the most prestigious and ultra-luxury neighbourhood in Oakville, located in southeast Oakville between Morrison Road and the shores of Lake Ontario. Known for its multi-million dollar estates, top-ranked schools, and elite reputation, Eastlake is a top destination for ultra-high-net-worth buyers, executives, and luxury investors. This neighbourhood features some of the most expensive real estate in the GTA, with custom-built mansions on oversized lots, gated properties, and waterfront estates. Compared to Old Oakville, Eastlake offers larger lots, more privacy, and newer luxury builds, making it highly desirable for buyers seeking exclusivity. Eastlake is also home to some of Canada’s top private schools and is surrounded by lush greenery, quiet streets, and proximity to the lake. Its limited inventory and high barrier to entry keep demand strong year-round. The area stands out for its ultra-luxury positioning, long-term appreciation, and global buyer appeal, making it one of the most valuable real estate markets in Canada. As demand continues in elite neighbourhoods like Eastlake, buyers and sellers are becoming more strategic. Top 1% REALTORS® at Modern Solution Realty have helped over 5,000+ clients, saving more than $20M+ in commission and delivering over $8M+ in cashback incentives, helping clients maximize value in high-end transactions.
Average Home Prices in Eastlake
- Average Detached Price: $4,850,000
- Average Townhouse Price: $2,100,000
- Average Condo Price: $1,185,000
Just Listed in Oakville
The newest homes for sale across Oakville from the last 30 days — Eastlake buyers often shop the surrounding neighbourhoods too.
- 35 CULHAM Street, Oakville — 6 bed, 2 bath, $1,159,000
- 1257 Westview Terrace, Oakville — 3 bed, 4 bath, $999,999
- 1066 FALGARWOOD Drive 165, Oakville — 4 bed, 3 bath, $500,000
- 1390 Peerless Court, Oakville — 4 bed, 4 bath, $1,539,900
- 2379 Central Park Drive 408, Oakville — 1 bed, 1 bath, $420,000
- 2400 Spring Meadow Way, Oakville — 4 bed, 4 bath, $1,689,900
- 2172 Trafalgar Road #14, Oakville — 3 bed, 3 bath, $939,000
- 95 Hoey Crescent, Oakville — 5 bed, 5 bath, $1,950,000
See everything just listed in Oakville
Eastlake isn't a separate MLS community, so these are the newest listings city-wide.
Restaurants in Eastlake
Eastlake residents enjoy nearby upscale dining:
- Oliver’s Steakhouse
- Cucci Ristorante
- Hexagon Restaurant
- Piano Piano Oakville
Shopping in Eastlake
Retail is luxury-oriented and lifestyle-focused.
- Downtown Oakville boutiques
- Oakville Place
- Lakeshore Road East shops
Schools near Eastlake
- Oakville Trafalgar High School
- Maple Grove Public School
- St. Mildred’s-Lightbourn School
- Linbrook School
- Appleby College
Parks & Outdoors in Eastlake
Waterfront parks and green space define the area.
- Gairloch Gardens
- Lakeside Park
- Coronation Park
Arts & Culture in Eastlake
A refined cultural scene complements the area.
- Oakville Centre for the Performing Arts
- Oakville Museum at Erchless Estate
- Local galleries and events
Frequently Asked Questions
Where is Eastlake located?
Eastlake is a neighborhood located in Oakville, Ontario, Canada.
What schools are in Eastlake?
Eastlake is served by schools including Oakville Trafalgar High School, Maple Grove Public School, St. Mildred’s-Lightbourn School, Linbrook School, Appleby College.
What parks are near Eastlake?
Popular parks near Eastlake include Gairloch Gardens, Lakeside Park, Coronation Park.
How much commission do I pay to sell a home in Eastlake?
Modern Solution Realty lists homes in Eastlake, Oakville for a 1% listing commission — significantly less than the traditional 2.5% — with the same full service.
Do I get cashback when buying a home in Eastlake?
Yes. When you buy a home in Eastlake, Oakville through Modern Solution Realty, you receive $5,000 cashback at closing.
Looking to buy a home in Eastlake, Oakville? Browse homes for sale in Oakville with Modern Solution Realty's 1% listing commission and $5,000 buyer cashback.