Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
North Oak is Minto’s condo phase of Oakvillage at Dundas Street East and Trafalgar Road, listed at 345 Wheat Boom Drive. UrbanToronto lists 375 suites in two towers up to 20 storeys. Oakville condo apartments sold for a median $528,000 from January to October 2026, and one-bedrooms leased for about $2,178 a month.
This guide is for anyone thinking of buying or renting a suite at North Oak, Minto’s condo towers at Dundas Street East and Trafalgar Road in north Oakville. You will get the verified building facts, what suites sell and rent for in Oakville right now, how the commute works, and what to check before you sign anything in 2027.
Where is North Oak in Oakville and what is nearby?
North Oak sits at the corner of Dundas Street East and Trafalgar Road, in north Oakville. Listing sites give the street address as 345 Wheat Boom Drive. It is the condo phase of Oakvillage, a master-planned community by Minto Communities that also includes townhomes and earlier condo phases.
What is close by:
- Shopping. The Uptown Core, around Dundas and Trafalgar, is the biggest shopping area in north Oakville, with a large power centre and many smaller plazas. Listing data puts a grocery store a few minutes’ walk from the front door. My guide to every Oakville shopping plaza lists what is in each one.
- Green space. The towers overlook Athabasca Pond and the Oakvillage plaza and promenade. Minto describes walking and hiking trails close to the community.
- Highways. Minto points to quick links to Highways 407 and 403 and the QEW. Trafalgar Road runs straight south to the QEW.
This is a newer suburban area. You will drive or take a bus for most errands beyond the Uptown Core, and the lake and downtown Oakville are a short drive south.
Who built North Oak and when was it finished?
Minto Communities GTA is the developer and builder. UrbanToronto’s project file names BDP Quadrangle as architect, Figure3 for the interiors and NAK Design Strategies for the landscaping.
The plan is two towers joined by a two-storey glass amenity pavilion. UrbanToronto lists 375 suites across the two buildings (207 and 168), a maximum height of 20 storeys, and a construction status of complete. When the project launched in 2021, the first tower was announced at 20 storeys with 207 suites and the second at 16 storeys.
Minto has since started selling a third tower, marketed as North Oak Tower 3. Building-data sites mix the phases together, and one lists 20 floors and 621 units for the address. That is why you should always confirm which tower and which condo corporation a suite belongs to.
One feature stands out. UrbanToronto reports that North Oak uses a community geo-exchange system, which draws heating and cooling energy from the ground to cut carbon emissions. Ask how that energy is billed to owners before you buy.
What suite types and sizes are at North Oak?
At launch, Minto offered one-bedrooms, lofts, two-bedrooms and two-bedroom-plus-den suites, with prices starting in the mid-$400,000s (UrbanToronto, April 2021). Those were pre-construction prices in a stronger market, so do not use them as today’s value.
Minto has not published a full size range for the finished towers. One-bedroom suites listed for sale and rent in November 2026 were mostly in the 500 to 699 sq ft range. If you need a larger two-bedroom, ask for the floor plan and the registered square footage, because the marketing size and the measured size can differ.
What amenities does North Oak have?
Minto shared the amenity plan when the project launched. The list below comes from that announcement, as reported by UrbanToronto. Confirm what was actually built on a tour, since plans can change during construction.
- A glassed-in lobby pavilion joining the towers, with a grand staircase and an indoor garden
- A co-working lounge with work pods, small meeting rooms, a printing area and a coffee station
- A fitness centre with free weights and machines, a cardio studio and a yoga studio
- Wellness rooms, including a meditation room and an infrared sauna
- A games lounge with billiards and card tables
- A party room with a kitchen and lounge
- A landscaped outdoor terrace with grills, dining areas and views over Athabasca Pond
Shared amenities cost money to run. More amenities usually mean a higher monthly fee, so weigh which ones you will really use.
How much are the maintenance fees at North Oak?
No official fee schedule is published. One-bedroom suites listed in November 2026 showed monthly fees of about $470 to $490. Larger suites pay more, because fees are set by each unit’s share of the common expenses.
The fee figure alone does not tell you the full monthly cost. Ask three questions:
- What does the fee include: water, heat, cooling, building insurance?
- How is the geo-exchange heating and cooling billed, and is there a separate energy contract?
- What does the most recent budget show for next year’s fee increase?
The answers are in the status certificate. In Ontario, a condo corporation must provide it within 10 days of a request and can charge no more than $100 including tax. My guide on reading a status certificate like a buyer’s lawyer walks through each page.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
What do North Oak condos sell and rent for in 2027?
I do not publish asking or sold prices for single suites. Each one depends on floor, view, parking, layout and condition. What I can show you is the Oakville market these suites compete in.
| Oakville condo apartments | 2024 | 2025 | 2026 |
|---|---|---|---|
| Median sold price (Jan–Oct) | $620,000 | $562,000 | $528,000 |
| Sales (Jan–Oct) | 387 | 389 | 335 |
| Average days on market | 37 | 39 | 45 |
Source: TRREB MLS data via REALM, January–October 2026 vs the same period of 2025 and 2024. Town of Oakville, all condo apartments; these are city-level figures, not North Oak figures.
The Oakville condo apartment median fell 6.0% from 2025 to 2026, and suites took longer to sell. In October 2026 alone, TRREB counted 34 Oakville condo apartment sales at a median of $523,750, with 213 active listings. Buyers paid 97% of the asking price on average. The MLS Home Price Index benchmark for an Oakville apartment was $537,300, down 7.72% from a year earlier.
For renters, TRREB’s Rental Market Report for the second quarter of 2026 is the latest posted. It showed Oakville condo apartments leasing for an average of $2,178 a month for a one-bedroom (339 leases) and $2,923 for a two-bedroom (196 leases). Oakville listed 713 condo apartments for rent that quarter and leased 549, so renters had choice. More detail is in my post on average rent in Oakville and Burlington for 2027.
How do you get to Toronto from North Oak?
By car, you are close to Highway 407 to the north and the QEW to the south via Trafalgar Road. Rush-hour driving on the QEW is slow, so test your real commute at the time you would travel.
By transit, listing data shows an Oakville Transit stop on Wheat Boom Drive steps from the building. The nearest train is Oakville GO, about 6 km south in a straight line by my map measurement. Lakeshore West trains run two ways, all day, seven days a week between Union Station and Aldershot, according to Metrolinx. Metrolinx’s Lakeshore West expansion plan aims for service every 15 minutes or better between Burlington and Union, but no date for that is set, so do not buy based on it.
Oakville Transit’s Uptown Core Terminal, near Dundas and Trafalgar, is the main local bus hub for the area.
What are the pros and cons of living at North Oak?
Pros
- A newer building with a large amenity package and a co-working lounge, which suits people who work from home part of the week.
- Uptown Core shopping, the pond and trails within walking distance.
- A community geo-exchange system, which is rare among GTA suburban condos.
- Oakville condo rents that sit a little below the GTA average, with fast highway access.
Cons
- No GO station within walking distance, so most commuters drive or ride a bus first.
- More towers are still being sold and built nearby, which means construction for a while and more suites competing with yours at resale.
- Most suites are one- and two-bedrooms, which can feel tight for a family with children.
Suites in new buildings often come up for sale or lease at the same time, because many first buyers were investors. That can push prices and rents down in the first few years. Check how many units are listed at the address on the day you make an offer, and look for any outstanding builder deficiency items in the board minutes and status certificate.
Who is North Oak best for?
- First-time buyers who want a new suite in Oakville for less than a house or townhouse. In 2026, Oakville condo townhouses sold for a median of $712,500, against $528,000 for condo apartments (TRREB MLS data via REALM).
- Hybrid workers who will use the co-working space and do not need a train at the door.
- Downsizers from north Oakville who want to stay near their shops and doctors without a yard to look after.
- Renters who want new finishes and amenities and are happy to drive.
It suits a daily GO commuter less well, unless you are happy to take a bus or drive to the station.
Should you buy or rent at North Oak in 2027?
Start with rent rules. Ontario’s rent increase guideline for 2027 is 1.9%, but it does not apply to units first occupied for residential purposes after 15 November 2018. North Oak suites fall in that group, so a landlord can raise the rent by more than the guideline once a year with at least 90 days’ written notice on the proper form. Renters should plan for that.
For buyers, borrowing costs went up in late 2026. The Bank of Canada raised its policy rate to 2.50% on 28 October 2026, and the big banks moved prime to 4.70%. The next rate decision is on 9 December 2026. Oakville buyers do not pay a municipal land transfer tax, and first-time buyers can get up to $4,000 back on the Ontario land transfer tax.
I would treat North Oak as a lifestyle and value buy, not a quick-profit buy. Prices have fallen for two years, and there are plenty of suites to choose from, so you can negotiate. Pick a suite with a layout and view that will still stand out once Tower 3 is finished, and keep the parking spot. If you are an investor, run the numbers using today’s average rents, not hoped-for ones, and remember there is no rent control cap on these units. My Oakville housing market outlook for 2027 has the wider picture.
What to do next
- Confirm which tower and condo corporation the suite is in, and ask the seller or landlord for the floor plan and registered size.
- Request the status certificate and the latest budget, and ask how geo-exchange energy is billed.
- Compare at least three recent sales or leases in the same tower with the same layout.
- Test the commute at rush hour by car and by bus to Oakville GO.
- Get a mortgage pre-approval at today’s rates before you write an offer.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
Is North Oak in Oakville a good place to live?
For many people, yes. North Oak is a newer Minto condo at Dundas Street East and Trafalgar Road with a large amenity package, a co-working lounge and the Uptown Core shops nearby. The trade-off in 2027 is transit: the closest GO station, Oakville GO, is about 6 km south, so most residents drive or take a bus first.
Where are North Oak reviews from residents?
I do not publish resident reviews, and online reviews of condos are hard to verify. A better check for North Oak in 2027 is the record: read the status certificate, the board minutes and the reserve fund study, and look up Minto in the HCRA’s Ontario Builder Directory, which shows licensing, homes built and any regulatory actions.
Who built North Oak condos in Oakville?
Minto Communities GTA built North Oak as the condo phase of its Oakvillage community in north Oakville. UrbanToronto lists BDP Quadrangle as the architect, Figure3 for the interior design and NAK Design Strategies for the landscaping. Minto is now selling a third tower, marketed as North Oak Tower 3.
How many storeys and suites does North Oak have?
UrbanToronto lists the first two North Oak buildings with 375 suites in total (207 and 168) and a maximum height of 20 storeys. At the 2021 launch, the second tower was planned at 16 storeys. Building-data sites give other totals because they mix in later phases, so confirm the tower before you buy.
What is the address of North Oak condos in Oakville?
Listing sites give North Oak’s address as 345 Wheat Boom Drive, Oakville. UrbanToronto places the project at Dundas Street East and Wheat Boom Drive, near the corner of Dundas and Trafalgar Road. Because Minto is building more than one tower in the Oakvillage community, check the exact address and unit number on any listing.
How much are condo fees at North Oak Oakville?
One-bedroom suites at North Oak listed in November 2026 showed monthly maintenance fees of about $470 to $490. Bigger suites pay more. No official fee schedule is published, so read the status certificate and budget to see what the fee covers and whether an increase is planned for 2027.
How much does it cost to rent a one-bedroom condo in Oakville?
In the second quarter of 2026, a one-bedroom condo apartment in Oakville leased for an average of $2,178 a month, and a two-bedroom for $2,923, according to TRREB’s Rental Market Report. That was the latest report posted as of November 2026. New buildings like North Oak can rent above or below these averages.
Is North Oak rent controlled?
No, in the usual sense. Ontario’s rent increase guideline (1.9% for 2027) does not apply to units first occupied for residential purposes after 15 November 2018, and North Oak’s suites were first occupied well after that date. A landlord still needs 12 months between increases and 90 days’ written notice.
Is there a GO station near North Oak Oakville?
Not within walking distance. The nearest train station is Oakville GO, about 6 km south in a straight line. Lakeshore West trains run two ways, all day, seven days a week to Union Station, and Metrolinx lists Oakville Transit among the line’s local bus connections. Check the current route map for the best bus from Wheat Boom Drive.
What are condo prices in Oakville in 2026?
The median Oakville condo apartment sold for $528,000 from January to October 2026, down 6.0% from $562,000 in the same months of 2025, based on TRREB MLS data via REALM. Suites took 45 days to sell on average, up from 39 days. These are town-wide figures, not North Oak prices.
Sources
- UrbanToronto: North Oak at Oakvillage (Buildings 4A + 4B) project file
- UrbanToronto: Range of Figure3-appointed amenities offered at Minto North Oak (April 2021)
- Minto Communities: Oakvillage, North Oak
- A building-data website: North Oak at Oakvillage, 345 Wheat Boom Drive
- Metrolinx: Lakeshore West line GO Expansion
- TRREB Market Watch, October 2026
- TRREB Rental Market Report, Q2 2026
- Home Construction Regulatory Authority: Ontario Builder Directory
Related reading
- Living at Exchange District Condos, Mississauga: 2027 Buyer and Renter Guide
- Living at Pinnacle Uptown, Mississauga: 2027 Buyer and Renter Guide
- Living at The Grand Residences at Parkside Village, Mississauga: 2027 Buyer and Renter Guide
- Living at The Condominiums at Square One District, Mississauga: 2027 Buyer and Renter Guide
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.
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