Oakville, a thriving city on the western edge of the Greater Toronto Area (GTA), has witnessed a burgeoning demand for apartment buildings, offering residents a convenient and upscale living experience. With over 10,000 apartment buildings within its borders, Oakville caters to a diverse demographic seeking comfort, convenience, and connectivity.
Convenience and Location:
Affordability and Value:
Lifestyle and Amenity-Rich:
Noise and Privacy:
Parking and Storage:
Maintenance and Responsibilities:
Meeting Housing Demands:
Economic Growth:
Sustainability:
2023 Oakville Apartment Building Market:
Statistic | Value |
---|---|
Number of Apartment Buildings | 10,265 |
Average Rent for a One-Bedroom Unit | $2,100 |
Vacancy Rate | 2.3% |
Average Square Footage | 750 |
Oakville Resident Demographics:
Demographic | Percentage |
---|---|
Renters | 35% |
Families with Children | 28% |
Young Professionals | 22% |
Seniors | 15% |
Apartment Building Amenities:
Amenity | Percentage of Buildings with Amenity |
---|---|
Swimming Pool | 32% |
Gym | 55% |
Concierge Service | 26% |
Party Room | 44% |
Rooftop Terrace | 18% |
Apartment buildings in Oakville offer a compelling choice for residents seeking convenience, affordability, and a connected lifestyle. By understanding the benefits, pitfalls, and key statistics, potential tenants can make informed decisions and find the perfect apartment home within this vibrant and growing city.
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