Oakville Homes for Sale

About Oakville

In the southern part of Ontario and only 30 minutes from Toronto, lies the city of Oakville. It consists of 13 communities, with Old Oakville as the city’s downtown area and northern Oakville as its uptown core. While the heritage of the residents is primarily English, Irish, and Scottish, those of Italian, German, and French descent also represent the area.

There are plenty of reasons why many consider this mid-size city one of the best places to live in Ontario. Oakville is full of charming, family-friendly neighbourhoods, fine dining establishments, and boutique shops. In addition, it has over 200 parks and a stunning waterfront. Since the city borders Lake Ontario, its winters are less extreme, and its summers are not as humid, giving it one of the best climates in the province.

Thanks to its excellent employment opportunities, low crime rates, community-focused neighbourhoods, and diverse culture, owning property in Oakville is an ideal choice.

Oakville - Land Transfer Tax

When purchasing a property in Oakville, you’ll have to pay the Ontario Land Transfer Tax, which is due upon closing. There is no municipal transfer tax. If you’re a first-time home buyer, you could be eligible for a rebate to a maximum of $4,000. See below for Ontario Land Transfer Tax rates.

Ontario Land Transfer Tax

Purchase PriceRate
$0 - $55,0000.5%
$55,000.01 - $250,0001.0%
$250,000.01 - $400,0001.5%
$400,000.01 - $2,000,0002.0%
$2,000,000+2.5%

Land Transfer Tax Calculator

$
Provincial tax$6,475
Municipal tax$0
Rebate$0
Total land transfer tax$6,475

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