By Zoocasa on June 28, 2021 Estimated reading time: 7 minutes
With urban conveniences, access to nature and commuting options to both Toronto and Hamilton, Halton Region is an area to watch real estate in for 2021. Here are the neighbourhoods to look out for.
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City
Postal FSA
Neighbourhood name
Overall rank
Avg price 2020
1-year growth
3-year growth
5-year growth
Value score (out of 5 stars)
Neighbourhood economics score (out of 5 stars)
Neighbourhood accessibility score (out of 5 stars)
% Households with Children
burlington
L7M
tansley
1
$597,064
13.7%
16.8%
36.2%
4.5
4.1
4.1
53.3%
burlington
L7M
palmer
2
$733,265
15.4%
17.2%
73.2%
4.5
4.1
4.1
53.3%
burlington
L7L
industrial burlington
3
$560,000
45.1%
-28.7%
74.1%
5.0
3.5
2.9
49.2%
oakville
L6H
uptown core
4
$681,538
17.6%
21.7%
47.0%
4.6
3.7
3.4
56.1%
burlington
L7L
uptown
5
$614,420
17.1%
13.7%
57.7%
4.7
3.5
2.9
49.2%
burlington
L7M
headon
6
$753,812
7.5%
7.6%
48.6%
3.9
4.1
4.1
53.3%
oakville
L6J
clearview
7
$1,255,474
19.7%
7.2%
59.1%
3.0
5.0
1.4
54.0%
milton
L9T
bronte meadows
8
$767,543
22.3%
24.6%
64.5%
4.6
3.3
4.4
60.3%
burlington
L7L
appleby
9
$843,295
23.6%
20.9%
63.3%
4.4
3.5
2.9
49.2%
oakville
L6M
glen abbey
10
$1,059,401
17.5%
9.8%
49.1%
3.4
4.4
2.6
65.5%
oakville
L6H
college park
11
$966,300
24.2%
19.6%
68.1%
4.1
3.7
3.4
56.1%
oakville
L6M
west oak trails
12
$1,008,495
12.2%
7.4%
42.3%
3.3
4.4
2.6
65.5%
burlington
L7M
alton
13
$930,352
10.5%
12.8%
48.1%
3.6
4.1
4.1
53.3%
milton
L9T
dorset park
14
$782,368
15.1%
23.9%
65.8%
4.4
3.3
4.4
60.3%
milton
L9T
dempsey
15
$698,580
15.7%
15.8%
47.4%
4.4
3.3
4.4
60.3%
milton
L9E
ford
16
$871,907
13.3%
14.8%
160.4%
4.6
3.1
4.3
63.4%
milton
L9T
harrison
17
$839,238
17.1%
18.5%
60.1%
4.2
3.3
4.4
60.3%
burlington
L7P
mountainside
18
$670,742
12.4%
18.4%
54.1%
4.4
3.0
4.5
47.7%
milton
L9T
clarke
19
$786,267
12.2%
15.1%
57.8%
4.1
3.3
4.4
60.3%
halton hills
L7G
georgetown
20
$890,359
15.6%
23.3%
62.5%
4.1
3.3
3.2
54.8%
oakville
L6M
rural oakville
21
$1,103,598
11.3%
5.0%
36.8%
3.0
4.4
2.6
65.5%
burlington
L7P
brant hills
22
$756,317
17.0%
15.2%
63.4%
4.4
3.0
4.5
47.7%
burlington
L7M
rose
23
$1,082,820
9.9%
14.0%
54.5%
3.2
4.1
4.1
53.3%
burlington
L7L
orchard
24
$818,725
15.6%
1.8%
45.2%
3.8
3.5
2.9
49.2%
milton
L9T
timberlea
25
$810,689
7.8%
17.2%
63.5%
4.0
3.3
4.4
60.3%
oakville
L6H
iroquois ridge south
26
$918,126
11.5%
8.7%
54.9%
3.6
3.7
3.4
56.1%
milton
L9T
coates
27
$860,267
13.2%
18.8%
52.3%
4.0
3.3
4.4
60.3%
oakville
L6H
river oaks
28
$976,679
18.3%
5.7%
50.6%
3.6
3.7
3.4
56.1%
burlington
L7L
bronte creek
29
$689,033
0.2%
11.8%
20.8%
3.7
3.5
2.9
49.2%
milton
L9T
willmont
30
$793,280
11.0%
9.3%
52.5%
3.9
3.3
4.4
60.3%
milton
L9T
old milton
31
$740,909
7.2%
3.1%
56.3%
3.9
3.3
4.4
60.3%
milton
L9T
beaty
32
$843,357
13.0%
10.0%
53.5%
3.9
3.3
4.4
60.3%
halton hills
L0P
limehouse
33
$1,444,750
9.3%
59.3%
128.3%
3.5
3.7
0.4
45.3%
milton
L9T
milton heights
34
$951,275
22.2%
-0.4%
79.4%
3.8
3.3
4.4
60.3%
milton
L9T
scott
35
$1,005,833
19.6%
18.6%
57.7%
3.8
3.3
4.4
60.3%
burlington
L7L
shoreacres
36
$1,222,507
25.6%
21.7%
66.7%
3.5
3.5
2.9
49.2%
oakville
L6M
palermo west
37
$961,969
1.5%
-14.0%
16.8%
2.6
4.4
2.6
65.5%
milton
L9T
esquesing
38
$1,421,443
38.8%
22.9%
98.5%
3.6
3.3
4.4
60.3%
milton
L0P
nassagaweya
39
$1,599,714
47.4%
28.9%
55.5%
3.2
3.7
0.4
45.3%
halton hills
L7J
acton
40
$718,563
19.3%
23.1%
73.7%
4.7
2.1
0.0
48.4%
burlington
L7P
grindstone
41
$976,929
-12.9%
17.4%
155.5%
3.6
3.0
4.5
47.7%
oakville
L6L
bronte west
42
$1,270,398
20.1%
18.9%
58.3%
3.1
3.3
2.8
44.7%
oakville
L6H
iroquois ridge north
43
$1,304,033
18.3%
8.0%
39.5%
2.7
3.7
3.4
56.1%
halton hills
L7G
stewarttown
44
$958,333
-36.3%
49.0%
79.5%
3.0
3.3
3.2
54.8%
milton
L0P
campbellville
45
$1,437,696
6.3%
23.8%
57.0%
2.4
3.7
0.4
45.3%
burlington
L7P
tyandaga
46
$1,052,945
5.3%
10.4%
29.8%
3.0
3.0
4.5
47.7%
milton
L0P
moffat
47
$1,520,333
17.4%
-5.1%
75.6%
2.1
3.7
0.4
45.3%
milton
L9T
nelson
48
$1,970,000
49.9%
22.8%
96.8%
2.5
3.3
4.4
60.3%
halton hills
L7G
glen williams
49
$1,313,871
-4.2%
18.2%
80.9%
2.5
3.3
3.2
54.8%
burlington
L7N
roseland
50
$1,257,061
20.0%
28.5%
62.9%
3.4
2.1
2.8
38.9%
oakville
L6L
bronte east
51
$1,601,556
16.9%
8.3%
75.5%
2.1
3.3
2.8
44.7%
burlington
L7P
rural burlington
52
$1,610,206
27.4%
11.3%
66.7%
2.4
3.0
4.5
47.7%
oakville
L6J
eastlake
53
$2,424,879
18.2%
14.1%
53.4%
0.0
5.0
1.4
54.0%
halton hills
L7J
rural halton hills
54
$1,260,012
18.8%
3.7%
50.3%
2.8
2.1
0.0
48.4%
milton
L0P
brookville
55
$1,312,972
-17.3%
-10.2%
22.6%
1.3
3.7
0.4
45.3%
burlington
L7T
bayview
56
$937,798
19.1%
14.7%
40.9%
3.8
1.1
3.7
35.5%
milton
L9T
trafalgar
57
$1,245,125
-19.1%
-9.3%
29.0%
1.5
3.3
4.4
60.3%
burlington
L7T
lasalle
58
$929,901
7.4%
6.0%
12.0%
3.2
1.1
3.7
35.5%
burlington
L7R
freeman
59
$670,208
-1.6%
5.5%
56.6%
3.9
0.3
4.8
31.8%
burlington
L7R
brant
60
$853,935
9.4%
12.2%
42.3%
3.7
0.3
4.8
31.8%
oakville
L6K
old oakville
61
$1,593,370
31.3%
4.7%
26.0%
2.2
0.0
3.6
34.1%
Halton Region is located west of Toronto in Ontario’s Golden Horseshoe. Sandwiched between Mississauga and Hamilton, this regional municipality consists of Burlington, Oakville, Milton and Halton Hills.
Why we’re watching Halton Region
Halton’s desirable location puts it on the radar for many prospective buyers. It’s situated close to both Toronto and Hamilton, making commuting a feasible option to either city. Combining small-town charm with urban convenience, the region has something for everyone: Those seeking a suburban experience will find it in the Burlington and Oakville markets, while those looking for a quiet, rural lifestyle will enjoy Milton and Halton Hills. You’ll find variety in terms of property types too, including million-dollar detached homes, affordable cottage-style homes, and condos. Though there’s been significant urbanization in Burlington and Oakville, the provincial greenbelt and Niagara Escarpment ensure plenty of protected green space and access to trails in the region. Halton was also rated one of the safest places to live in the Greater Toronto Area (GTA) by Maclean’s magazine, making it an ideal place to raise a family.
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Halton has grown significantly over the years, and currently boasts one of the highest population growth rates in the country, with 14.2% growth between 2006 and 2011. Nowadays, 580,000 Canadians call the Halton Region home, and the population is expected to reach one million by 2041. The region also boasts a higher-than-average median income of $139,000 and a wide variety of employment opportunities.
Pre-COVID real estate market
Before the pandemic, real estate in the Halton Region appreciated at a rate similar rate to the rest of the GTA and the Golden Horseshoe. In February of 2020, the average cost for a home in the Halton Region was $977,617, just a few percentage points lower than the average price of a home in Toronto. At that time, the average detached home sold for $1,228,860, while semi-detached homes and condos had average prices of $793,288 and $534,160, respectively. Keep in mind that a significant price variability in the region of Halton contributes to those average prices, with rural areas offering more affordable homes and city properties commanding higher prices.
Impact of COVID-19
Once COVID-19 got into full swing in March 2020, prices and sales activity in the Halton Region stumbled, similar to the rest of the country. The average selling price dropped 7% between March 2020 and April 2020 from $933,413 to $870,966. The reduced average selling price had many homeowners fearing the worst, and the real estate industry scrambled to adjust to new regulations and requirements imposed by the public health authority.
Fortunately for homeowners, fears that the drop in average values would remain permanent were unfounded. Once real estate agents in the area adjusted to the new requirements for showing homes, and as buyer demand increased for detached homes and larger lots, prices quickly recovered, with the average selling price of homes in the region reaching a new high of $995,218 by June 2020.
Future outlook
As we advance, the outlook for the Halton Region includes strong price growth and a seller’s market. In March 2021, there was a record-breaking 1,647 transactions, and pricing was up 3% month over month. Today, the average selling price in the Halton region is $1,245,062 and the average home stays on market for just 12 days. This information tells us that homes are selling quickly, and potential buyers will need to act decisively to get into a market that has been fuelled by pent-up demand and record-low interest rates.
Located on Burlington’s northeast side is the top-rated community in Halton Region: Tansley. Despite its stellar reputation with families and first-time buyers, it remains affordable compared to other Burlington neighbourhoods. Would-be residents have access to a wide selection of housing types, from detached homes and townhomes, to the condos that contribute to the area’s affordability.
Tansley makes for easy commuting to both Toronto and Hamilton, since it’s located just off the Queen Elizabeth Way (QEW) and is just a 10-minute drive from the GO Transit station. There’s no shortage of restaurants and shopping options, with Appleby Line just a quick drive away. Outdoor activities and exercise options abound, as the neighbourhood offers a community centre, and an abundance of scenic woods, trails and creeks.
The average price for a home in Tansley last year was $597,064, making it the second most affordable place to live in both Burlington and Halton Region. On trend with most of the GTA, this neighbourhood has seen significant price increases in recent years, growing 36% since 2015. However, compared to other neighbourhoods in Burlington that have grown upwards of 50% during that same period, the gains seen in Tansley are considerably more moderate. Despite COVID-19 causing a slight pause in the spring market last year, the neighbourhood still grew 13.7%.
“Once the markets began picking up in June of last year, Tansley was one of the first neighbourhoods to feel the wave. Prices there were a lot more competitive than in other parts of Burlington, and that’s a huge draw for buyers,” explains local agent Renzo Amorin Cumpa. “Due to its affordability and location, I think Tansley will always have a big demand from first-time buyers—it’s an ideal place to get into a family-friendly suburban market on a budget.”
Palmer is the epitome of what Toronto buyers have been fleeing the city for. Located in north-central Burlington, this area has an abundance of large, older homes in quiet neighbourhoods with spacious backyards. In terms of style, Palmer is known for its expansive back-split and side-split houses on larger lots. The houses in this neighbourhood could require remodelling, depending on the buyer’s personal style.
Palmer’s central Burlington location means that residents are never far from the city’s best amenities, like shopping, dining, parks and, of course, waterfront access. Close proximity to the QEW and the GO Train station makes this location well-suited to commuters, too.
Halton’s top neighbourhoods all have one thing in common: affordability. With many of the region’s average home prices by neighbourhood topping a million dollars, Palmer came in as Halton’s 10th most affordable place to buy in the region with average housing prices reaching $733,265 in 2020, up 73% five years prior. During the start of the COVID-19 lockdowns, Palmer was one of Halton’s first neighbourhoods to see the impacts of the increased demand for suburban living, with prices growing 15% over the last year.
“I have always felt that Palmer is an undervalued neighbourhood, you can still get large lot sizes for relatively good prices compared to other areas of Burlington,” explains Cumpa. “This is a very calm and quiet neighbourhood, and it attracts a lot of first-time homebuyers due to its affordability.”
Affordable suburban neighbourhoods like Palmer remain a great option for buyers on a budget who are looking to get gain some space.
Constructed within the last decade, Oakville’s Uptown Core includes a mix of new condo buildings, townhomes, large detached houses. The area also has unique laneway-style houses, with garages accessed through a rear lane for walkable streetscapes. Thanks to a large volume of newly constructed condos in the area, the community is a premier destination in Oakville for condo buyers.
“The Uptown Core is the new, modern Oakville that appeals to all sorts of buyers,” explains Cumpa. “Many are looking to buy their first property with the new and affordable condominiums here, from young buyers raised in Halton looking to purchase their first home near family, or GTA commuters looking for a vibrant suburban community.”
Developed with the intention to be a complete community, the Uptown Core is in close proximity to shopping plazas, Oakville Place mall, and restaurants. For nature-lovers, dog-owners and people with kids, there’s Oak Park, which offers a playground, leash-free area and trails that connect the Uptown Core to other neighbourhoods in the city.
In 2020, the average price of a home in the Uptown Core was $638,538, making it by far the most affordable neighbourhood in the city (all other Oakville neighbourhoods start in the $900s). This is reflective of the area’s mix of property types since there’s a larger percentage of condos and townhomes included in that data. Because of the number of condos, the Uptown Core real estate market did not pick up as quickly as some other communities after the initial pandemic lockdowns but as the year progressed, interest in condos rebounded, and the neighbourhood grew 18% from last year.
Considering the fact that the Uptown Core is Oakville’s most affordable community, it’s clear why the area was rated the third-best in our study. Though the Uptown Core is primarily known for condo living, it offers the same suburban lifestyle perks buyers have been looking for throughout the pandemic, just on a smaller budget.
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