Oakville commute to Toronto Downtown is closer then Markham, Vaughn or Richmond. Lesser traffic as well.
20% drop in new build price in one year
- Last Updated:
- Feb 10th, 2020 6:21 pm
Tags:
- SCORE+2
- nova_786
- Member
- Oct 26, 2009
- 214 posts
- 50 upvotes
- nova_786
- Member
- Oct 26, 2009
- 214 posts
- 50 upvotes
wait for the new community comming up soon in Oakville by Mattamy, it will have nicer lots and more competitive prices.callmebob wrote: ↑ I think you’re exactly right. I can’t imagine how those that bought - if any did - in Jan 2019 and paid top dollar almost $350K more than list price today a year later.
Do you think the builder is more fairly priced now, we $1.5M for a 3500 sqft new build in North Oakville? I feel they are especially when you consider limited resale inventory and those that are listed are $1.65M+.
- fiddlewin
- Jr. Member
- Aug 21, 2017
- 195 posts
- 132 upvotes
- Furcorn
- Deal Addict
- Jun 7, 2017
- 1043 posts
- 836 upvotes
- BC
- RealtorInvestor
- Member
- Jul 2, 2018
- 317 posts
- 312 upvotes
Helped 2 clients purchase homes through Mattamy and according to the sales rep there are a LOT of medical professionals purchasing in the area. Both of my clients were medical professionals as well.
The pricing is pretty decent especially when you look at resales, there are no better options at the moment.
Realtor + Investor
- Flavour
- Deal Addict
- Jan 5, 2003
- 3799 posts
- 463 upvotes
The 5pm express train to Oakville gets there at 5:31. The 5:05pm train to Rutherford gets there at 5:36. I'm not a math wizard but that looks pretty similar.
And if you're not on an express train then hope you brought a book.
When the truth offends, we lie and lie until we can no longer remember it is even there. But it is still there... every lie we tell incurs a debt to the truth. Sooner or later, that debt is paid.
- callmebob [OP]
- Sr. Member
- Dec 19, 2010
- 986 posts
- 523 upvotes
What are the prices like for 3500 sqft homes? I visited the Mattamy sales Centre but they were only discussing the preserve area, not the new area at 9th line/Dundas assuming that’s what you were referring to in your post.RealtorInvestor wrote: ↑ Helped 2 clients purchase homes through Mattamy and according to the sales rep there are a LOT of medical professionals purchasing in the area. Both of my clients were medical professionals as well.
The pricing is pretty decent especially when you look at resales, there are no better options at the moment.
- zsj495
- Member
- Jan 15, 2013
- 459 posts
- 466 upvotes
Remington is building by Dundas and ninth line by the cemetery? Didn’t realize they started selling there. It’s a good location just off the highway. If you bought to stay I wouldn’t worry too much. Seems like what you paid is reasonable and in the long run you will be fine. It’s a good location IMO
- callmebob [OP]
- Sr. Member
- Dec 19, 2010
- 986 posts
- 523 upvotes
I believe the 9th line Dundas area is future Mattamy development not Remington. Curious to know what 3500 sqft Mattamy homes will cost in that area? Preserve and East Preserve resale homes in that size are in the $1.6M+ range.zsj495 wrote: ↑ Remington is building by Dundas and ninth line by the cemetery? Didn’t realize they started selling there. It’s a good location just off the highway. If you bought to stay I wouldn’t worry too much. Seems like what you paid is reasonable and in the long run you will be fine. It’s a good location IMO
- divx
- Deal Expert
- Oct 26, 2003
- 39339 posts
- 6342 upvotes
- Winnipeg
- sandbox01
- Newbie
- Sep 19, 2019
- 82 posts
- 56 upvotes
It will likely be starting at 1.5 and higher based on their previous releases. Than you have to factor in lot premiums.
- ilim
- Deal Addict
- Jan 17, 2006
- 2496 posts
- 2740 upvotes
- Toronto
- XxXSnake23XxX
- Deal Guru
- Apr 23, 2007
- 10206 posts
- 1465 upvotes
- Mississauga
Mattamy in Oakville def has gone down in price but Milton (Hawthorne SMC) has gone up since I purchase in Aug 2018
RFD 43-0-0
Ebay 39-0-0
|Dance.Flirt.Music.Chill|
Ebay 39-0-0
|Dance.Flirt.Music.Chill|
- oasis2002
- Sr. Member
- Sep 16, 2009
- 693 posts
- 481 upvotes
This is getting silly.
I dont live in Oakville. But anyone who thinks Vaughan is easier to commute from is a bit delusional. When there is no rush hour, from oakville it would be quicker than from vaughan. In peak hour, oakville has express trains to union - which rutherford has less of. Also - have tried venturing near 400/401 or drive anywhere around vaughan in rush hour? its a total cluster you know what. Try driving from oakville, still bad - but you will see the difference.
Real estate prices are not always rationally based on location. Kleinburgh or new kleinburgh whatever that area is - is extremely high priced and higher than oakville but the location is horrible. You have to drive a good 20 mins before you even get to 427.
Last edited by oasis2002 on Feb 10th, 2020 11:55 am, edited 1 time in total.
- oasis2002
- Sr. Member
- Sep 16, 2009
- 693 posts
- 481 upvotes
Also to add, schools are NOT better. And for those that care, you are further from the lake - though of course half way to cottage country.oasis2002 wrote: ↑ This is getting silly.
I dont live in Oakville. But anyone who thinks Vaughan is easier to commute from is a bit delusional. When there is no rush hour, from oakville it would be quicker than from vaughan. In peak hour, oakville has express trains to union - which rutherford doesnt. Also - have tried venturing near 400/401 or drive anywhere around vaughan in rush hour? its a total cluster you know what. Try driving from oakville, still bad - but you will see the difference.
Real estate prices are not always rationally based on location. Kleinburgh or new kleinburgh whatever that area is - is extremely high priced and higher than oakville but the location is horrible. You have to drive a good 20 mins before you even get to 427.
- arbytor
- Sr. Member
- Aug 22, 2016
- 626 posts
- 408 upvotes
Totally agree.
Oakville, Burlington, Hamilton are like remote suburbs of GTA. I cant believe they want to sell 2 million dollar houses there. horrible situation of GTA, hope we continue to see more buyers in these areas at these prices to push prices up in GTA.
- alanbrenton
- Deal Expert
- Apr 21, 2004
- 58648 posts
- 24637 upvotes
On express trains that I've been on, it takes 28-30 minutes to get from Union to Oakville Go Station.
But rush hour will be the killer to DT from anywhere lol.
Go train fares are getting expensive but not a lot of choice for people working in DT.
- ilim
- Deal Addict
- Jan 17, 2006
- 2496 posts
- 2740 upvotes
- Toronto
Vaughan, specifically Rutherford station, does not need express train. Go train goes to union in 28 minutes with just 2 stops between and it is every 15 minutes I believe in busy hours.oasis2002 wrote: ↑ This is getting silly.
I dont live in Oakville. But anyone who thinks Vaughan is easier to commute from is a bit delusional. When there is no rush hour, from oakville it would be quicker than from vaughan. In peak hour, oakville has express trains to union - which rutherford has less of. Also - have tried venturing near 400/401 or drive anywhere around vaughan in rush hour? its a total cluster you know what. Try driving from oakville, still bad - but you will see the difference.
Real estate prices are not always rationally based on location. Kleinburgh or new kleinburgh whatever that area is - is extremely high priced and higher than oakville but the location is horrible. You have to drive a good 20 mins before you even get to 427.
- webworm
- Deal Addict
- Dec 6, 2006
- 2926 posts
- 1499 upvotes
Thread Information
There is currently 1 user viewing this thread. (0 members and 1 guest)