Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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My top five condos to rent in Oakville for 2027 are Oak and Co. in the Uptown Core, North Oak at Oakvillage, Trafalgar Landing, Mint and The Branch on Old Bronte Road, and Towne Square downtown. An Oakville one-bedroom condo leased for an average of $2,178 a month in Q2 2026 and a two-bedroom for $2,923 (TRREB).
This guide is for renters looking at an Oakville condo in 2027, whether you are relocating for work, renting while you sell a house, or moving out on your own for the first time. You get my five picks across the town, what Oakville condos actually lease for, why asking rents have softened, and how to tell whether your rent will be capped.
How did I pick the best Oakville condos for renters?
Oakville’s condos are spread across the town. My picks run from the Uptown Core and Dundas Street in the north to Old Oakville near the lake. I chose finished buildings people live in today and compared:
- Location and daily errands. Can you walk to groceries and transit, or will you need a car?
- What the condo fee covers. Heat, water and parking in the owner’s fee often mean fewer bills for you.
- Building age. It decides whether Ontario’s rent cap applies.
- Amenities and suite sizes. A downsizer and a first-time renter want very different buildings.
Building facts come from building-data website pages, checked on 10 November 2026. I do not quote rents for single suites. The order is my judgement, not an official ranking. If you are buying, my top 5 condos to buy in Oakville takes a different angle.
How much is a condo to rent in Oakville in 2027?
TRREB’s report for April to June 2026 is the latest official lease data. The third-quarter report was not posted when I checked on 10 November 2026.
| Condo apartment, Q2 2026 | Oakville | Burlington | Halton Region | All TRREB areas |
|---|---|---|---|---|
| One-bedroom (average lease) | $2,178 | $2,159 | $2,152 | $2,273 |
| Two-bedroom (average lease) | $2,923 | $2,785 | $2,812 | $3,013 |
| Three-bedroom (average lease) | $3,133 | $4,900 (3 leases) | $3,273 | $3,779 |
| Units listed / leased | 713 / 549 | 488 / 377 | 1,471 / 1,135 | 27,844 / 21,251 |
Source: TRREB Rental Market Report, Q2 2026 (average lease rates for condominium apartments). Oakville’s three-bedroom figure rests on 13 leases.
Oakville was a little above the Halton average and below the GTA average. Oakville listed 713 condo apartments for rent in the quarter and 549 were leased, so tenants had choice. My guide to average rent in Oakville and Burlington also covers townhouses and basements.
Are condo rents in Oakville going down?
Asking rents fell over the past year. Rentals.ca and Urbanation reported Oakville apartment and condo asking rents down 7.7% year over year in October 2026, the steepest drop of the GTA cities named in that report. At the same time, liv.rent’s October 2026 report found Oakville had the highest unfurnished one-bedroom asking rent of the Ontario areas it tracks, at $2,133.
Both can be true. Oakville is still one of the pricier places to rent, but landlords have had to cut asking rents to fill suites. For you, that means room to negotiate in 2027, especially on newer units that have sat on the market.
1. Oak and Co., 297 Oak Walk Drive
What it is like
Oak and Co. is a 25-storey Cortel Group tower in the Uptown Core, registered in December 2021 with 242 suites, according to a building-data website. Its overview lists a long amenity menu, including a pool, gym, yoga studio, spa, media room, games room, dining room with catering kitchen, children’s play area and concierge.
Who it suits
Renters who want a full-service tower in the Uptown Core. Suites range from about 540 to 2,299 sq ft, so it works for singles and for downsizers who want space.
What it costs
New, amenity-rich towers tend to ask above Oakville’s averages. Use $2,178 for a one-bedroom and $2,923 for a two-bedroom as your floor for comparison.
What to check
Finished in 2021, so no rent cap. A building-data website showed only one suite for rent when I checked, so set an alert and move quickly when a good one appears.
2. North Oak at Oakvillage, Trafalgar Road and Dundas Street
What it is like
North Oak is a 20-storey Minto Communities tower at 349 Wheat Boom Drive, part of the Oakvillage community at Dundas Street East and Trafalgar Road. A building-data website lists it as built in 2025 with 378 suites, and amenities including a concierge, gym and party room.
Who it suits
Renters who want a brand-new suite in north Oakville, in a tower with a concierge.
What it costs
Brand-new suites often start high and then come down if they do not lease. With asking rents down 7.7% across Oakville in a year, it is fair to offer below the ask.
What to check
No rent cap in a 2025 building, so get year-two rent in writing. Ask which amenities are open now, and whether hydro and water are billed to you.
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.
3. Trafalgar Landing, 150 to 210 Sabina Drive
What it is like
Trafalgar Landing is a four-storey Great Gulf community near Oak Park Boulevard and Dundas Street East, completed in 2018 with 221 suites, according to a building-data website. It lists a party room, meeting room and visitor parking.
Who it suits
Renters who prefer a low-rise with no long elevator waits. Suites run from about 459 to 1,268 sq ft.
What it costs
A building-data website lists water and parking in the fee. Low-rise buildings with fewer amenities often rent a little below towers nearby, in my experience.
What to check
Because it was completed in 2018, the rent cap may or may not apply. It depends on whether your suite was first lived in before or after 15 November 2018. Ask the landlord for the date.
4. Mint and The Branch, Old Bronte Road
What it is like
These two eight-storey neighbours on Old Bronte Road give you an old-versus-new choice on one street. Mint, at 2490 Old Bronte Road in Palermo West, was built in 2017 with 400 suites. The Branch, a Zancor Homes building at 2444 and 2450 Old Bronte Road, was built in 2024 with 343 suites and lists a rooftop deck, gym, spa, guest suites and even a car wash. All facts are from a building-data website.
Who it suits
Singles and couples who want a smaller, more affordable suite in west Oakville. Mint suites run from about 506 to 952 sq ft and The Branch from about 433 to 1,108 sq ft.
What it costs
I would expect Mint to price below The Branch for the same layout, because it is older and lists fewer amenities. Both should sit near or below Oakville’s one-bedroom average.
What to check
Mint’s 2017 build date means many suites may be under the rent cap. The Branch is too new for it. A building-data website showed six suites for rent at Mint and four at The Branch when I checked.
5. Towne Square, 221 Robinson Street
What it is like
Towne Square is a four-storey building in Old Oakville near Lakeshore Road East and George Street, registered in 1993 with 52 suites, according to a building-data website. It lists a party room, meeting room and sauna.
Who it suits
Mature renters and downsizers who want to walk to downtown Oakville’s shops and the lake. Suites are large, from about 750 to 1,835 sq ft.
What it costs
A building-data website lists heat, air conditioning, water and parking in the fee, so a lease here can be close to all-inclusive apart from hydro.
What to check
With only 52 suites, rentals rarely come up. The page also lists a pet restriction, so ask for the condo’s rules if you have a pet. As a 1993 building, units here are almost certainly under the rent cap.
How do these Oakville condos compare?
| Building | Area | Built or registered | Storeys | Suites | Rent cap likely |
|---|---|---|---|---|---|
| Oak and Co. | Uptown Core | 2021 | 25 | 242 | No |
| North Oak | Dundas and Trafalgar | 2025 | 20 | 378 | No |
| Trafalgar Landing | Near Oak Park Blvd and Dundas | 2018 | 4 | 221 | Check the date |
| Mint | Palermo West | 2017 | 8 | 400 | Often |
| The Branch | West Oak Trails | 2024 | 8 | 343 | No |
| Towne Square | Old Oakville | 1993 | 4 | 52 | Yes |
Source: building-data website pages, checked 10 November 2026; rent cap rule from the Government of Ontario. Always confirm your own suite’s first occupancy date.
To see what each part of town is like to live in, read my best neighbourhoods to live in Oakville.
Is an Oakville condo rent-controlled in 2027?
Older ones usually are. Ontario’s rent increase guideline for 2027 is 1.9% and covers units first occupied for residential purposes on or before 15 November 2018. Newer units are exempt. On Oakville’s $2,178 average one-bedroom, 1.9% is about $41 a month.
In every unit, the landlord must wait 12 months between increases and give at least 90 days’ written notice on the proper Landlord and Tenant Board form. See my 2027 rent increase guideline guide for how to check.
A low first-year rent in a new Oakville tower can hide a big jump in year two, because there is no cap. Before you sign, ask what the landlord plans to charge after 12 months and put it in the additional terms of the lease.
With asking rents down and plenty of suites listed, 2027 is a renter’s year in Oakville. Use that. Make an offer a little under the ask, request parking or a locker included, and favour a capped unit if you plan to stay three years or more. If you are also thinking about buying, the median Oakville condo apartment sold for $528,000 from January to October 2026, down 6.0% (TRREB MLS data via REALM). My Oakville housing market outlook for 2027 has the full picture.
What to do next
- Choose the part of Oakville that fits your commute: Uptown Core, north Oakville, west Oakville or downtown.
- Shortlist two buildings from this list and set alerts for both.
- Write down exactly what each rent includes: heat, hydro, water, parking and locker.
- Ask each landlord for the first occupancy date and their year-two rent plan.
- Have your employment letter, pay stubs and credit report ready before viewings.
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
How much is rent for a condo in Oakville in 2027?
A one-bedroom condo in Oakville leased for an average of $2,178 a month in Q2 2026, and a two-bedroom for $2,923, according to TRREB. Those are the latest official lease figures going into 2027. liv.rent’s October 2026 report put Oakville’s unfurnished one-bedroom asking rent at $2,133.
What are the best condos to rent in Oakville?
My top five for 2027 are Oak and Co. in the Uptown Core, North Oak at Oakvillage, Trafalgar Landing, Mint and The Branch on Old Bronte Road, and Towne Square in Old Oakville. I chose them for location, building age, amenities and fee inclusions. The order is my own judgement, not an official ranking.
Are rents going down in Oakville?
Yes, asking rents fell. Rentals.ca and Urbanation reported Oakville apartment and condo asking rents down 7.7% year over year in October 2026, the steepest drop among the GTA cities named in that report. Oakville is still one of the pricier places to rent in Ontario, but tenants have more room to negotiate going into 2027.
Is Oakville more expensive to rent than Burlington?
Slightly. In Q2 2026 an Oakville one-bedroom condo leased for $2,178 on average, against $2,159 in Burlington, according to TRREB. The gap was wider for two-bedrooms: $2,923 in Oakville against $2,785 in Burlington. Both cities were below the average across all TRREB areas.
Are Oakville condos rent-controlled?
Only units first occupied on or before 15 November 2018. Those are capped at Ontario’s 1.9% guideline for 2027 increases. Units first occupied after that date, which covers most suites in buildings finished from 2019 on, have no cap. Landlords must still wait 12 months between increases and give 90 days’ written notice.
Which Oakville condos include utilities in the rent?
It depends on the landlord, but the condo fee is the clue. A building-data website lists heat, air conditioning, water and parking in the fee at Towne Square in Old Oakville, and water and parking at Trafalgar Landing. Landlords often pass these on to tenants. Get the included utilities written into your Oakville lease.
How many condos are for rent in Oakville?
Several hundred over a typical quarter. TRREB counted 713 Oakville condo apartments listed for rent from April to June 2026, and 549 were leased. On a given day, single buildings show only a handful: on 10 November 2026, a building-data website showed six for rent at Mint and four at North Oak.
How much income do I need to rent a two-bedroom condo in Oakville?
About $116,900 a year before tax, if you keep rent near 30% of household income. That is my arithmetic on Oakville’s Q2 2026 two-bedroom average of $2,923 a month. Landlords set their own rules, and a guarantor or roommate can help if your income is lower.
Sources
- TRREB Rental Market Report, Q2 2026
- Rentals.ca and Urbanation: National Rent Report, October 2026
- liv.rent: October 2026 Ontario Rent Report
- Government of Ontario: Rent increase guideline
- A building-data website: Oak and Co. Condos, 297 Oak Walk Dr
- A building-data website: North Oak Tower Condos at Oakvillage
- A building-data website: Trafalgar Landing, 150-210 Sabina Dr
- A building-data website: Mint Condos, 2478-2490 Old Bronte Rd
- A building-data website: The Branch Condos, 2444-2450 Old Bronte Rd
- A building-data website: Towne Square Condos, 221 Robinson St
Related reading
- Top 5 Best Neighbourhoods to Live in Mississauga in 2027
- Top 5 Best Neighbourhoods to Live in Brampton in 2027
- Top 5 Best Neighbourhoods to Live in Markham in 2027
- Top 5 Best Neighbourhoods to Live in Oakville in 2027
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.