Oakville advice - moving from the UK
#16
BE Enthusiast
Joined: Jun 2007
Posts: 701
Re: Oakville advice - moving from the UK
Depends on the area of Oakville. You would be looking at at least $2300 for a 4 bed place that is half decent. More likely $2500. The newer houses are between $3000-5000 per month. Newer homes in SE Oakville are currently listed at $13000 an $18000 per month (but they are huge) although you can get an ok original one in that neighbourhood for about $3500.
Schools should be the main consideration?...then Joshua Creek area....10-20 year old homes, good schools, easy access, somewhat upper class! over C$1000000. You will need to be super conscientious about your garden and house frontage upkeep.
South of QEW: Maple Grove area is well established. Good schools. Expensive.
#17
Re: Oakville advice - moving from the UK
I wouldn't do that. Not if the value of the house is a significant sum to you, if you're Tony and Cherie and it's your 25th rental property then, yes, it's worth a punt, there's a fair chance of short term gain. If you're going to live in the house, then the cost of making a mistake is very high, the cost of sale is high enough that, having picked the wrong street you'll likely no longer be able to afford the right one. I think there's a compelling case for renting for a year, getting the measure of the place.
#19
Re: Oakville advice - moving from the UK
Looking forward to welcoming you to Canada, in the meantime welcome to the forum.