River Oaks in Oakville Sees Solid Growth Despite Pandemic

River Oaks in Oakville Sees Solid Growth Despite Pandemic

River Oaks has always been popular due to its housing options and location, but the recent (and hopefully soon-to-be-gone) COVID-19 pandemic showed that the real estate market in this neighbourhood remained strong despite challenging times. As a relatively newer community located in North Oakville, River Oaks has a modern urban feel to it, which appeals to many new-age homebuyers, especially families looking for convenience, full-scale amenities, and plenty of space to raise their kids. 

River Oaks remained high in demand despite the pandemic

River Oaks was one of Oakville’s three hottest neighbourhoods when looking at the sales in 2020. With a very diverse housing market, including townhouses, detached, and newer condo buildings, the community’s potential came even more to light during the COVID-19 pandemic. 

Mover-uppers and other homebuyers looking to transition from crowded condos to more isolated houses during the uncertain time helped drive market activity in the area after the spring lockdown.

The importance of having an outdoor space or a yard and having plenty of room to keep one’s distance from others became crucial, so many homebuyers started prioritizing neighbourhoods where they would feel safer and more isolated, but where they would also get their money’s worth. Considering River Oaks’ great housing in different price ranges, lots of amenities and a family-friendly environment, it is no surprise that many homebuyers chose to settle in this area. 

River Oaks boasts modern homes and new builds 

River Oaks is a very young neighbourhood where most houses were built during the late 1990s and early 2000s. Offering practically everything, from detached and townhomes with generous lots to excellent high rise condos, River Oaks meets a variety of homebuyers’ preferences. With the high demand, River Oaks is probably going to see home value go up in the coming years. One thing River Oaks buyers like about the community is that it’s a mixed-income community where you can find luxury properties in the seven-digit price range, but also modest homes convenient for smaller families, downsizers or first-time homebuyers. (Check out also College Park in Oakville).

River Oaks is a fantastic overall neighbourhood

With tons of amenities, e.g., great restaurants, lavish green spaces, excellent schools, spacious parks and playgrounds and recreation facilities, you will have everything you need at your fingertips in River Oaks. The community is highly resident-oriented with wide sidewalks for pedestrians, bike lanes, and numerous shops. Many also like that the Glen Abbey Golf Course is just around the corner, as well as the proximity to the Heritage Trails, major highways and the GO transit.

River Oaks is one of Oakville’s top communities thanks to its variety in housing, location, a great infrastructure and its urban feel. If you want to know more about the current or future housing options and home prices in River Oaks or Oakville in general, make sure to contact us here. As long-term Real Estate Agents in Oakville, we are sure we can help you with any real estate questions you might have. 

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