Buy or rent in Oakville? This November 2026 report puts the cost of owning a condo next to the cost of renting one. 264 units were listed on November 1, 2026 at a median asking price of $599,000. Over the last 90 days 133 sold, at a median of $569,900. Leased units went for a median of $2,400 a month.
Buy or rent: Oakville condos by size
The table compares the median asking price, the median sale over the last 90 days and the median monthly rent for each unit size. Gross yield is a year of rent divided by the sale price (or the asking price where there were too few sales), before fees, tax and vacancy. 3 or more bedrooms show the highest gross yield in Oakville at 6.4%, which means the price equals about 15.7 years of rent. Take the median condo fee off the median rent and the yield across all sizes drops to about 3.7% before property tax.
| Unit size | Asking (median) | Sold, 90 days | Rent / month | Gross yield |
|---|---|---|---|---|
| Studios and 1 bedrooms | $452K | $452K | $2,200 | 5.8% |
| 2 bedrooms | $620K | $588K | $2,800 | 5.7% |
| 3 or more bedrooms | $888K | $659K | $3,499 | 6.4% |
What condo fees run in Oakville
Half of the 261 listings that state a fee pay less than $631 a month, and half pay more. Per square foot that is about $0.79 a month, which is the fairer way to compare a large unit with a small one. Over a year the median fee adds up to $7,572, or 1.3% of the median asking price. It was $633 in October 2026. What the fee covers matters as much as its size: it pays for building insurance, the common areas, amenities and the reserve fund, and in many buildings heat and water as well.
Are Oakville condos selling at asking?
Condos that sold in Oakville over the last 90 days went for a median of 97.0% of their final asking price, and 7% sold for more than asking. The typical sold unit was on the market for 30 days. Sales are down 20% from the same 90 days last year (167), and the median sale is down 6.1% from $607,000.
Buildings with the most units listed
A cluster of listings in one tower is worth a closer look: it can point to motivated sellers or simply a very large building. The busiest Oakville addresses this month:
| Address | Units listed | Typical ask |
|---|---|---|
| 2450 Old Bronte Road | 11 | $600K |
| 1005 Dundas Street | 10 | $495K |
| 395 Dundas Street | 7 | $500K |
| 123 Maurice Drive | 7 | $1.5M |
| 2343 Khalsa Gate | 6 | $479K |
| 3220 William Coltson Avenue | 6 | $509K |
| 128 Garden Drive | 6 | $632K |
| 2180 Marine Drive | 6 | $1.2M |
On the market by unit type in Oakville: condo apartments: 196 at $559K; condo townhouses: 57 at $699K; penthouses: 7 at $1,000K.
Compare with nearby condo markets
Condo questions about Oakville
How much does it cost to rent a condo in Oakville?
Condos leased in Oakville over the last 90 days rented for a median of $2,400 a month across 556 leases.
What is a typical condo fee in Oakville?
The median monthly fee on condos listed for sale on November 1, 2026 was $631. Fees depend on the size of the unit and on what the building includes, such as heat, water or parking.
Are condos in Oakville selling over asking?
In the last 90 days, 7% of Oakville condo sales closed above asking. The median sale came in at 97.0% of the asking price.
How many condos are for sale in Oakville?
264 on November 1, 2026, with a median asking price of $599,000.
Sources: asking prices and fees are from the condos for sale on Condo Connect on November 1, 2026. Sale and rent figures are totals of MLS® sales and leases in Oakville over the 90 days before that date; individual sold prices are available to signed-in members. Yields are gross and for comparison only.