Quick answer: In October 2026, a condo apartment in Oakville averaged about $677,000, a condo townhouse about $708,000, and a freehold townhouse about $978,000. In Burlington, townhouses averaged roughly $857,000 and condo townhouses about $759,000. If you are weighing Oakville and Burlington townhouse and condo prices, the gap between property types is now wider than the gap between the two cities.

Anyone who has watched our market for 25 years knows that "the average price" hides more than it tells. A $1.38 million Oakville average (all property types, October 2026) means very little if you are shopping for a two-bedroom condo near the Oakville GO station. Here is what the numbers look like by property type, and how to use them.

What Do Townhouses and Condos Cost in Oakville Right Now?

Oakville's average sold price across all property types was $1,383,011 in October 2026, up 1.6% from a year earlier. Underneath that, freehold townhouses averaged $977,899, down about 10.9% year over year. Condo townhouses averaged $707,545, down about 11.7%, and condo apartments averaged $677,274, up about 16.9%.

A word of caution on that apartment jump: only 34 apartments sold in Oakville that month, and 11 condo townhouses. Small samples swing wildly from month to month, so treat single-month percentages as a signal, not a verdict.

What Do They Cost in Burlington?

Burlington's all-types average was $1,046,822 in October 2026, up 5.6% from last year, with 214 sales, flat year over year. Townhouses averaged $857,186, down 7.2%. Condo townhouses averaged $758,690, up 2.2%.

That puts Burlington's townhouses roughly $120,000 below Oakville's, while condo townhouses in the two cities sit within about $50,000 of each other. For buyers who want a freehold feel on a tighter budget, that Burlington gap is worth a serious look.

Why Are Townhouses Softening While Condo Apartments Hold Up?

Townhouse buyers are typically move-up or downsizing households, and they are the most sensitive to borrowing costs and to the timing of their own sale. When rates are uncertain, those buyers hesitate, and that shows up in softer townhouse pricing. Condo apartments, by contrast, attract first-time buyers and investors with smaller budgets, and the lower price point keeps that segment moving.

The takeaway: sellers of townhouses should price to today's comparables, not last spring's. Buyers have more room to negotiate on townhouses than they have had in a while, particularly on homes that have been listed for several weeks.

Which Oakville Neighbourhoods Offer the Best Townhouse and Condo Value?

Value depends on what you are buying for. In Glen Abbey and West Oak Trails, townhouses near the trails and strong school zones tend to hold value best. In College Park and Falgarwood, you are close to Sheridan College, Oakville Place and the QEW, and condos there suit buyers who want convenience. Bronte and Old Oakville carry a waterfront premium, so a townhouse near the harbour or downtown Oakville will cost noticeably more than the Oakville average.

In Burlington, look at the areas along the Appleby GO and Burlington GO corridors if you commute to Toronto, where condo townhouses and low-rise condos often give the most space for the money.

What Should You Check Before Buying a Condo or Townhouse?

Start with the monthly fees, since a lower purchase price can be offset by high common-element fees. Always review the status certificate (the condo's financial and legal health check) with your lawyer, and look at the reserve fund and any planned special assessments. For freehold townhouses, check whether there is a road or common-element fee, and get a proper home inspection.

Finally, get your mortgage pre-approval first. Knowing your exact budget lets you act quickly when the right unit appears, even in a market where you have time to negotiate.

About the Author

Cory Martin is a highly respected REALTOR®, real estate broker, and co-founder of The Martin Group, serving Oakville, Burlington, and surrounding GTA communities. Ranking in the top 1% of agents nationwide with $310M+ in career volume across 18 years, Cory brings verified industry authority to every blog feature and market analysis. Evaluated as the #3 agent in Oakville and #4 in Burlington on Rate My Agent with a 4.99 rating, his insights offer trusted guidance for readers navigating complex real estate decisions.

The Bottom Line

Oakville and Burlington townhouse and condo prices are not moving in one direction, which is good news for prepared buyers. Freehold townhouses are softer, condo apartments are holding, and Burlington offers a real price advantage for freehold-style living. The right move depends on your budget, your commute and how long you plan to stay.

If you want a clear read on what a specific townhouse or condo is worth, the Martin Group can walk you through current comparables and help you build a plan. Call us at (905) 338-2083 or visit themartingroup.ca to start the conversation.

Source: WOWA.ca market statistics for Oakville and Burlington, October 2026 (TRREB-based figures). Averages vary by month and sample size.