By Zoocasa on April 21, 2023
Estimated reading time: 6 minutes

Where to Buy Real Estate in Canada 2023: Halton Region, Ont.

By Zoocasa on April 21, 2023
Estimated reading time: 6 minutes

Halton went through big real estate price fluctuations. As the market settles, these neighbourhoods offer standout value to buyers.

View of the waterfront in Burlington, Ont. Photo by Eric Marshall from Pexels

The Halton Region is located in the Golden Horseshoe in Ontario and consists of Burlington, Oakville, Milton and Halton Hills. In recent years, the area’s population has grown to 600,000, including many newcomers to Canada and people moving from Toronto.

Best places to buy real estate in Burlington, Oakville, Milton and Halton Hills

In the table below, you’ll find the top neighbourhoods for real estate purchases in Burlington, Oakville, Milton and Halton Hills—the Ontario region known as Halton. To view all the data, slide the columns right or left using your fingers or mouse. You can download the data to your device in Excel, CSV and PDF formats.

wdt_ID	Rank	Neighbourhood	City	Benchmark price 2022	1-year growth	3-year	5-year	Value	Economics	Accessibility	Children
1	1	Tansley	Burlington	$692,018	13%	46%	48%	5	4.1	4.1	53%
2	2	Uptown	Burlington	$732,478	3%	71%	46%	5	3.5	2.9	49%
3	3	Palmer	Burlington	$762,142	-12%	29%	29%	4	4.1	4.1	53%
4	4	Headon	Burlington	$895,645	-9%	31%	33%	3.8	4.1	4.1	53%
5	5	Uptown Core	Oakville	$658,453	-15%	28%	23%	4	3.7	3.4	56%
6	6	Old Milton	Milton	$913,750	6%	46%	48%	4.3	3.3	4.4	60%
7	7	Clearview	Oakville	$1,235,787	-16%	19%	14%	2.6	5	1.4	54%
8	8	Alton	Burlington	$1,105,883	-7%	40%	37%	3.5	4.1	4.1	53%
9	9	Glen Abbey	Oakville	$1,167,377	-9%	28%	21%	3.1	4.4	2.6	66%
10	10	West Oak Trails	Oakville	$1,059,118	-15%	18%	14%	3	4.4	2.6	66%
11	11	Palermo West	Oakville	$1,096,835	-11%	20%	0%	3	4.4	2.6	66%
12	12	Bronte Meadows	Milton	$772,558	-12%	38%	37%	4.1	3.3	4.4	60%
13	13	Mountainside	Burlington	$764,327	-8%	41%	45%	4.3	3	4.5	48%
14	14	Rural Oakville	Oakville	$1,187,774	-12%	20%	17%	2.9	4.4	2.6	66%
15	15	Rose	Burlington	$1,196,575	-4%	25%	27%	3.1	4.1	4.1	53%
16	16	Orchard	Burlington	$877,610	-9%	26%	16%	3.7	3.5	2.9	49%
17	17	Iroquois Ridge South	Oakville	$954,668	-11%	26%	28%	3.5	3.7	3.4	56%
18	18	Dempsey	Milton	$752,393	-12%	23%	26%	3.9	3.3	4.4	60%
19	19	Dorset Park	Milton	$790,636	-17%	33%	29%	3.8	3.3	4.4	60%
20	20	College Park	Oakville	$931,766	-14%	26%	23%	3.5	3.7	3.4	56%
21	21	Appleby	Burlington	$818,515	-17%	22%	18%	3.6	3.5	2.9	49%
22	22	River Oaks	Oakville	$1,090,304	-7%	33%	20%	3.4	3.7	3.4	56%
23	23	Timberlea	Milton	$815,784	-13%	23%	23%	3.7	3.3	4.4	60%
24	24	Beaty	Milton	$919,165	-9%	24%	21%	3.6	3.3	4.4	60%
25	25	Willmont	Milton	$863,183	-14%	23%	24%	3.6	3.3	4.4	60%
26	26	Clarke	Milton	$841,493	-16%	22%	25%	3.6	3.3	4.4	60%
27	27	Harrison	Milton	$898,302	-14%	26%	29%	3.6	3.3	4.4	60%
28	28	Coates	Milton	$957,936	-12%	26%	34%	3.5	3.3	4.4	60%
29	29	Brant Hills	Burlington	$821,636	-15%	29%	31%	3.7	3	4.5	48%
30	30	Georgetown	Halton Hills	$951,738	-15%	25%	33%	3.4	3.3	3.2	55%
31	31	Scott	Milton	$1,049,613	-15%	26%	29%	3.2	3.3	4.4	60%
32	32	Ford	Milton	$952,325	-17%	23%	25%	3.3	3.1	4.3	63%
33	33	Shoreacres	Burlington	$1,151,458	-17%	23%	19%	2.9	3.5	2.9	49%
34	34	Iroquois Ridge North	Oakville	$1,468,045	-7%	35%	25%	2.6	3.7	3.4	56%
35	35	Tyandaga	Burlington	$1,233,713	-3%	34%	40%	3.2	3	4.5	48%
36	36	Acton	Halton Hills	$755,830	-11%	33%	34%	4.1	2.1	0	48%
37	37	Limehouse	Halton Hills	$2,326,963	45%	20%	175%	2.4	3.7	0.4	45%
38	38	Bronte West	Oakville	$1,289,134	-12%	20%	21%	2.6	3.3	2.8	45%
39	39	Bayview	Burlington	$1,059,557	3%	79%	50%	4.4	1.1	3.7	35%
40	40	Nassagaweya	Milton	$1,173,925	-47%	10%	-7%	1.8	3.7	0.4	45%
41	41	Glen Williams	Halton Hills	$1,439,997	-12%	6%	31%	2.2	3.3	3.2	55%
42	42	Campbellville	Milton	$1,252,544	-35%	-8%	8%	1.8	3.7	0.4	45%
43	43	Bronte East	Oakville	$1,965,434	-1%	48%	38%	1.9	3.3	2.8	45%
44	44	Brookville	Milton	$1,681,329	-16%	1%	13%	1.4	3.7	0.4	45%
45	45	Eastlake	Oakville	$2,553,791	-12%	25%	23%	0	5	1.4	54%
46	46	Freeman	Burlington	$656,058	5%	23%	66%	4.6	0.3	4.8	32%
47	47	Rural Halton Hills	Halton Hills	$1,571,681	-7%	56%	30%	2.7	2.1	0	48%
48	48	Rural Burlington	Burlington	$1,974,937	-6%	47%	38%	1.8	3	4.5	48%
49	49	Roseland	Burlington	$1,130,855	-21%	9%	17%	2.6	2.1	2.8	39%
50	50	Lasalle	Burlington	$924,050	-14%	11%	14%	3.2	1.1	3.7	35%
51	51	Brant	Burlington	$953,785	-7%	28%	30%	3.6	0.3	4.8	32%
52	52	Old Oakville	Oakville	$1,568,391	-15%	28%	4%	2	0	3.6	34%

Source: Zoocasa

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How to read the table:

Benchmark price 2022: The composite benchmark price as of Dec. 31, 2022. It represents all property types, including attached and detached homes, townhouses/row units and apartment units.
1-year, 3-year and 5-year growth: The percentage increase or decrease in the composite benchmark price (all property types) over each time frame.
Value, economics and accessibility: These neighbourhood characteristics are each scored on a scale of 0 to 5, with five representing the most value for your money, high levels of income and education, and ease of travel by foot, bike and public transit.
Children: The neighbourhood’s percentage of households with kids.
Read the detailed methodology behind our rankings.

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What’s happened in the Halton Region real estate market?

Halton Region, like much of Ontario, went through some big real estate price fluctuations in 2022. The average home price peaked in February at $1,530,224, before rising interest rates took their toll. By December, the average price had fallen to $1,188,341—a drop of more than 22%.

“The 2022 real estate market experienced many changes,” explains local Zoocasa real estate agent Alex Kupiec. “Following a strong start to the year, interest rates began to rise and prices dipped between March and April, and they continued to decline until we hit the bottom in December.”

As home prices fell, buyers in Halton Region became more interested in detached homes—the most expensive property type—as long as they were fairly priced. “In the first few months of 2022, buyers favoured townhouses, but as prices began to come down, the interest shifted to detached houses,” says Kupiec. “Once buyers and sellers alike adapted to the new real estate market and adjusted their expectations, properties that were priced properly did move.”

See the full report: Where to Buy Real Estate READ NOW

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What’s next for real estate in Halton Region?

Home prices in Halton Region have already rebounded and are on the up again in 2023. As of February, the average price of a home was $1,222,095, up 2.8% from December. As buyers adjust to higher mortgage rates, demand has increased. “We are already seeing more competition,” says Kupiec. “Many properties are receiving multiple offers. I expect we will continue to see prices rise in 2023 as we move into the spring market. Buyers that were apprehensive [in early 2023] are now ready to make their move.”

As home prices go up, the properties getting the most attention are those priced fairly and whose sellers are willing to negotiate. “Even with interest from multiple buyers, offers are coming in with conditions. This is good news for buyers, who can now include conditions to protect themselves and feel confident about their decision when they put in an offer,” says Kupiec. “The sentiment has changed drastically. Buyers and sellers are doing their research and understanding the market this year. This means that properties are being priced properly and are selling at market value.”

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Top neighbourhoods in other regions

Halton’s top three neighbourhoods

1. Tansley, Burlington

Located on the northeast side of Burlington, Tansley is popular with first-time buyers and families. At the end of 2022, the average home price was $692,018—a more affordable price point compared to the majority of Halton markets. Tansley was also one of the few Halton neighbourhoods to show price growth in 2022. At the end of the year, the average price was 13% higher than one year earlier and 48% higher than five years earlier. That gives the area a perfect value score of 5. Tansley also has a strong economics score of 4.1. The neighbourhood is close to several parks and trails, and its proximity to the Queen Elizabeth Way (QEW) gives it an accessibility score of 4.1. It’s a great place to raise kids—it’s no surprise that 53% of households here have children.

View Tansley real estate listings on Zoocasa.

2. Uptown, Burlington

Residents of this Burlington neighbourhood have convenient access to an abundance of amenities including shopping plazas, parks, major roadways and public transportation. Uptown homes sold for an average price of $732,478 at the end of 2022—which was 3% higher than one year earlier and 46% higher than five years earlier. Like Tansley, Uptown is one of the few Halton neighbourhoods to have seen price growth last year. It has a perfect value score of 5 and an economics score of 3.5. There are several public and private schools within the neighbourhood, catering to the 49% of households that have children.

View Uptown real estate listings on Zoocasa.

3. Palmer, Burlington

Rounding off our list of top Halton neighbourhoods is another Burlington gem. Palmer is a family-friendly neighbourhood close to nearly every attraction in the city. The average home price in the area was $762,142 at the end of 2022. At that time, the average price was 12% lower than one year earlier; however, over the last five years, it has grown 29%. The neighbourhood earned a value score of 4. It also did well on the economics and accessibility fronts, scoring 4.1 for each—aided by how close it is to the QEW and Burlington GO Station. The area is also an ideal place to raise kids—53% of households have children.

View Palmer real estate listings on Zoocasa.

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About Zoocasa

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