Old Oakville, Oakville Neighborhood Guide
Old Oakville is the most prestigious and sought-after neighbourhood in Oakville, located along the shores of Lake Ontario between Trafalgar Road and Dorval Drive. Known for its luxury estates, historic charm, and waterfront lifestyle, Old Oakville is a top destination for high-net-worth buyers, executives, and luxury home investors seeking premium real estate in the GTA. The neighbourhood features a mix of grand waterfront mansions, custom-built luxury homes, heritage properties, and upscale condos. Many homes sit on large, private lots with mature trees, offering exclusivity and long-term value that’s difficult to find elsewhere. Old Oakville is anchored by its vibrant downtown core, filled with boutique shops, fine dining, and cultural attractions. Its walkability, proximity to the lake, and strong community atmosphere make it one of the most desirable places to live in Ontario. The area stands out for its luxury appeal, limited inventory, and strong appreciation, making it one of the most stable and high-performing real estate markets in the region. As demand continues in ultra-prime neighbourhoods like Old Oakville, 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. With a 4.8-star Google rating, clients in Old Oakville are increasingly choosing 1% commission listings and $5,000 cashback programs, maximizing value in a luxury market.
Average Home Prices in Old Oakville
- Average Detached Price: $3,825,000
- Average Semi-Detached Price: $2,210,000
- Average Townhouse Price: $1,587,000
- Average Condo Price: $924,000
Restaurants in Old Oakville
Old Oakville offers some of the best dining in the GTA:
- Cucci Ristorante
- Oliver’s Steakhouse
- Piano Piano Oakville
- Stoney’s Bread Company
Shopping in Old Oakville
Retail is high-end, local, and lifestyle-driven.
- Downtown Oakville boutiques
- Lakeshore Road East shops
- Oakville Place
Schools near Old Oakville
- Oakville Trafalgar High School
- New Central Public School
- Appleby College
- St. Mildred’s-Lightbourn School
Parks & Outdoors in Old Oakville
Waterfront access and green space are major highlights.
- Coronation Park
- Tannery Park
- Lakeside Park
Arts & Culture in Old Oakville
A rich blend of history, arts, and community events.
- Oakville Centre for the Performing Arts
- Oakville Museum at Erchless Estate
- Towne Square
Frequently Asked Questions
Where is Old Oakville located?
Old Oakville is a neighborhood located in Oakville, Ontario, Canada.
What schools are in Old Oakville?
Old Oakville is served by schools including Oakville Trafalgar High School, New Central Public School, Appleby College, St. Mildred’s-Lightbourn School.
What parks are near Old Oakville?
Popular parks near Old Oakville include Coronation Park, Tannery Park, Lakeside Park.
How much commission do I pay to sell a home in Old Oakville?
Modern Solution Realty lists homes in Old Oakville, 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 Old Oakville?
Yes. When you buy a home in Old Oakville, Oakville through Modern Solution Realty, you receive $5,000 cashback at closing.
Looking to buy a home in Old Oakville, Oakville? Browse homes for sale in Oakville with Modern Solution Realty's 1% listing commission and $5,000 buyer cashback.