South Lake

POPULATION INCREASE & ECONOMICAL OUTLOOK
Oakville’s current population of approximately 225,000 people is set to significantly increase over the next 30 years as the Halton Region’s goal is to grow the population to over 1.1 Million people, which is an 85% increase from 2021. Jobs within the region are set to grow to 500,000 making it a place to truly live, work and play. It is estimated that Halton will need over 90,000 new housing units by 2031 but will have a shortfall of over 35,000 homes. This will drive up demand and lead to increases in both real estate values and rental rates!*

LOCATION, LOCATION, LOCATION
Oakville is serviced by the QEW and Highways 403 & 407 which connects you to anywhere you need to go. It is corner-to-corner, ONLY 10 minutes to the edge of Toronto and less than 20 minutes to Union Station (traffic excluded). You have Lake Ontario to the south, are about 25 minutes to Pearson Airport, and an hour from the US Border – making it incredible convenient and a highly desirable place to live.

RATED THE BEST PLACE TO LIVE IN CANADA
MoneySense Magazine has rated Oakville the best place to live in Canada (2018) and for good reason. It’s located in the GTA where residents will have easy access to everything Toronto has to offer (e.g. Jobs, Entertainment) while enjoying the benefits of quieter living. It is also home to over 2,500 acres of parkland, Lake Ontario to the south & 300 km of recreational trails.

SCHOOLS & DEMOGRAPHICS
The Average Household Income (2020) was $192,562 which is 72% higher than the provincial average. It is also home to one of the highest standards of education in the country with 14 Private Schools ranked in Canada including Appleby College as well as 3 Elementary & 6 Secondary Schools ranked in the Top 100 of Ontario. Not to mention you have 17 Post-Secondary Schools within a 1 hour drive.

REPUTABLE DEVELOPER
Menkes Developments Ltd. is a family-operated business with deep roots in the city of Toronto. The Company was established nearly 70 years ago by Murray Menkes, an entrepreneur, visionary and successful businessman, who initially wanted his business to be focused on building single-family homes that delivered outstanding quality and lasting value. Over the years, Menkes grew to creating entire mixed-use communities, becoming a fully integrated, multi-disciplinary real estate development company.