Eastlake is the neighbourhood in southeast Oakville that runs from Chartwell Road east to Ford Drive, and south to the shore of Lake Ontario. Homes here list from about $1.3 million to more than $30 million. Buyers choose Eastlake for large lots, top-ranked schools, and quiet streets close to the water.
Eastlake real estate works differently from the rest of Oakville. One street can hold a modest bungalow on a deep lot. Two streets away, a custom estate sits behind a gate. That range makes the neighbourhood hard to read from a listing site alone. This guide explains what you actually get in Eastlake, what it costs, and how to approach a purchase or a sale here. If you want the wider picture first, start with the Oakville real estate market overview.
Where Eastlake Is and What Sets It Apart
Eastlake sits in the southeast corner of Oakville. The QEW forms the northern edge. Lake Ontario forms the southern edge. Chartwell Road and Morrison Road mark the western boundary. Ford Drive marks the eastern boundary.
Buyers often meet this area under other boutique names. Listings and local guides refer to Ford, Morrison, Charnwood, Chartwell Maple Grove, and Ennisclare Park. These are pockets inside Eastlake, not separate neighbourhoods. If you search only for “Eastlake,” you may miss listings tagged with one of these scenic names.
The area has a long history of wealth. By the turn of the 20th century, Toronto residents were treating Oakville as a vacation destination. The wealthier visitors built large estate homes along the lake. Timothy Eaton, of the Eaton’s retail family, was one of them. Lakeshore Road East earned the nickname Millionaires’ Row. Many of those original lots still exist today, which is why Eastlake has some of the deepest properties in the town, making it a desirable neighbourhood.
Oakville also has an important connection to the Underground Railroad. Roughly 400 people settled in the town in the mid-1800s after escaping slavery in the United States. That history is part of what shaped the older parts of southeast Oakville.
Eastlake Real Estate Market Snapshot for July 2026
Here is the honest starting point. Eastlake does not have a reliable single average price, and any site that gives you one is oversimplifying.
The reason is sample size. Eastlake is a low-turnover neighbourhood. In some months only a handful of homes sell. When one estate trades at $12 million, the monthly average jumps. When no estate trades, it drops. Portal averages for Eastlake have recently ranged from under $2 million to over $4.5 million depending on which site you check and whether the figure measures asking prices or sold prices.
A more useful anchor is the town-wide data. These are the Oakville figures for June 2026, sourced from TRREB.
| Metric | June 2026 |
| Average sold price, all property types | $1,454,094 |
| Detached average sold price | $1,813,115 |
| MLS HPI benchmark price | $1,163,100 |
| Median sold price | $1,360,000 |
| Total transactions | 297 |
| Detached transactions | 176 |
| Median days on market | 27 |
Eastlake sits well above these town-wide numbers. Independent market data puts the average price of real estate in Eastlake about 28 percent higher than Oakville as a whole. Applied to the June detached average, that points to roughly $2.3 million for a typical Eastlake detached home.
Active inventory tells the other half of the story. Listings in the neighbourhood currently run from about $1.3 million at the low end to well past $30 million at the top. The median asking price sits near $3.5 million across roughly 73 active listings.
That gap matters. A $2.3 million transaction estimate against a $3.5 million median asking price tells you the expensive end of Eastlake lists often and sells slowly. Mid-range family homes are what actually turn over.
Two more figures help. Oakville’s median days on market was 27 in June 2026. Across the town in spring, the sales-to-list ratio held at 99.2 percent with about 2.2 months of inventory. Eastlake’s upper tiers move slower than both suggest.
If you want a number that applies to your specific street rather than the whole neighbourhood, a free home evaluation will give you a figure based on real comparable sales.
Types of Homes and Price Tiers in Eastlake
Eastlake holds four broad kinds of property. Understanding which tier you are shopping in matters more than knowing the neighbourhood average.
Waterfront and estate homes south of Lakeshore
These are the properties that create the headlines. Custom mansions, gated entries, and lots that run down toward the lake. Some sit on land that was subdivided from the original summer estates a century ago. Supply is very limited. In a typical year, only a small number of true waterfront homes change hands.
Family detached homes north toward Chartwell and Devon
This is the largest part of the market and where most buyers actually transact. You will find two-storey detached homes on mature, tree-lined streets. Many were built between the 1950s and 1980s and have since been renovated. Lots are generous by GTA standards. School catchment is the main driver of demand in this tier.
Bungalows and mid-century homes
Eastlake has a solid stock of original bungalows, along with colonial and Tudor style detached homes. Some are lovingly maintained. Others are valued mostly for the land underneath them.
Custom infill and rebuilds
Teardown and rebuild activity is steady across Eastlake. Buyers purchase an older home, remove it, and build a new custom house on the lot. Ravine and creek-edge lots are especially popular for this. If you are comparing property styles across the town, the guide to home types in Oakville breaks down each category.
| Tier | Typical asking range, July 2026 |
| Older detached and bungalows north of Lakeshore | $1.3M to $2.2M |
| Renovated or newer family detached | $2.2M to $4M |
| Custom estate homes on large lots | $4M to $8M |
| Waterfront and Millionaires’ Row estates | $8M and above |
These ranges reflect current active listings in the Oakville neighbourhood guide, not closed sales. Before you set a budget, run the numbers on carrying costs using a mortgage calculator, since property taxes on a $3 million Oakville home are substantial on their own.
Inside Eastlake: Morrison, Ford, Chartwell and Ennisclare Park
Eastlake is really a group of smaller enclaves. Each has its own character and pricing.
Morrison sits between Chartwell Road, Cornwall Road, Maple Grove Drive and Lake Ontario. It holds some of the most expensive homes in Oakville. Streets here are wide and heavily treed, and lot sizes are large.
Ford is bounded by Maple Grove Drive, Royal Windsor Drive, Winston Churchill Boulevard and the lake. It sits at the eastern edge of Oakville, closest to the Mississauga border. Ford tends to offer slightly better value than Morrison for a comparable home.
Chartwell Maple Grove covers the pocket around Chartwell Road and Maple Grove Drive. This area is popular with families because of its position relative to school catchments and lifestyle amenities.
Ennisclare Park takes its name from Ennisclare at 40 Cox Drive, a heritage property built as the estate of Herbert Cox. The original estate included stables and polo grounds. Several homes in this pocket sit on land that was once part of it.
Knowing which pocket a home sits in changes how you price it. Two houses with identical square footage can differ by a wide margin depending on which side of Maple Grove Drive they sit on.
Schools in the Eastlake Catchment
Schools are the single strongest demand driver in Eastlake. Families move here specifically for access, and that demand supports property values through slower markets.
| School | Type | Notes |
| Oakville Trafalgar High School | Public, HDSB, Grades 9 to 12 | Fraser ranking 9.4 on the English track and 9.2 for French Immersion. Around 1,330 students. |
| École E.J. James Public School | Public, HDSB, French Immersion, Grades 2 to 8 | Fraser rating of 9.0 for 2025 and 2026. Located at 338 Cairncroft Road. Feeds directly into Oakville Trafalgar High School. |
| Maple Grove Public School | Public, HDSB, English track, JK to Grade 8 | Fraser rating of 7.3. Serves the Maple Grove pocket of Eastlake. |
| St. Vincent Catholic Elementary School | Catholic, HCDSB | Serves the Catholic elementary catchment. |
| St. Mildred’s-Lightbourn School | Private, all-girls, JK to Grade 12 | Long-established independent school. |
| Appleby College | Private, co-ed | Day and boarding programs. |
| Linbrook School | Private, boys | Elementary years. |
Notice the spread between E.J. James at 9.0 and Maple Grove at 7.3. Both are public schools inside Eastlake. Families on the French Immersion stream are chasing a different school than families on the English track, and that shows up in what buyers pay on specific streets.
One caution. Catchment boundaries change. Buyers sometimes pay a premium assuming a boundary is permanent, and it is not. Confirm the current catchment with the Halton District School Board before you make an offer based on it.
Living in Eastlake: Parks, Waterfront and Commute
Eastlake is quiet by design. It is a low-density residential area, and you will not find townhouse rows or high-rise apartments here. Day-to-day shopping happens at Maple Grove Village on Maple Grove Drive, an open-air plaza with everyday stores, gyms, salons and restaurants. Downtown Oakville is about five minutes away for anything more.
Gairloch Gardens at 1306 Lakeshore Road East is the centrepiece of the neighbourhood. It combines a lakefront park with Oakville Galleries, a public art gallery housed in a former estate home. The rose gardens are the main draw, along with roughly 15,000 annuals that bloom from June through September. The gallery runs exhibitions and workshops for all ages.
For recreation, Maple Grove Arena on Devon Road offers skating drop-ins and rentals. Maplegrove Park has tennis and basketball courts, and Ardleigh Park has a playground. The Royal Windsor on Ford Drive is the local pub. Waterfront trails connect to Oakville’s wider network of 11 waterfront parks.
Commuting takes planning. The QEW sits at the northern edge and Royal Windsor Drive runs east to west. Driving to Union Station takes just under an hour in normal traffic. By transit, expect about 15 minutes by bus to the nearest GO hub and roughly an hour and 20 minutes in total. Eastlake trades commute convenience for space and quiet.
The resident profile reflects that. Around 83.8 percent of homes are owner-occupied and 62 percent of households have children. Close to 70 percent of adults hold a bachelor’s degree or higher, and median household income is more than double Oakville’s overall figure. The population skews older than the town median, which suggests many residents retire in place. For a broader view, read the guide to living in Oakville.
Eastlake Compared to Old Oakville and Bronte
Buyers shopping in Eastlake usually consider two other Oakville neighbourhoods. Here is how the three compare.
| Feature | Eastlake | Old Oakville | Bronte |
| Average price level | Highest, median asking near $3.5M | About $2.35M | About $1.55M |
| Lot sizes | Largest in Oakville | Moderate | Small to moderate |
| Home age and style | Mid-century homes plus new custom builds | Heritage homes and historic estates | Mixed, including newer condos |
| Walkability | Low to moderate, mostly residential | High, walkable downtown | High, walkable village |
| Waterfront access | Direct on Millionaires’ Row | Close to harbour | Harbour and marina |
| Typical buyer | Executives and established families | Buyers who want heritage character | Downsizers and waterfront entry buyers |
Eastlake wins on land, privacy and school access. If walkability matters more to you, Old Oakville real estate puts you steps from restaurants and shops. If you want waterfront living at a lower entry point, a Bronte real estate broker can show you options near the harbour starting around $1 million.
Is Eastlake Real Estate a Good Investment?
I look at every property the way I looked at credit files during 25 years in banking. That means separating the land value from the building value, and then asking what protects the downside.
Land carries most of the value here. In much of Eastlake, the lot is worth more than the house on it. That means renovation spending has a ceiling, because a buyer who plans to rebuild will not pay you for your new kitchen. It also means the value floor is firmer than in areas where the structure carries the weight.
School catchment provides a floor. Demand from families targeting Oakville Trafalgar High School does not disappear in a slow market. It softens, but it persists. That is real downside protection.
Supply is structurally limited. Eastlake is fully built out. New inventory arrives only through teardowns, which replace one home with one home. Limited supply against steady demand supports long-term values.
The top tier is illiquid. This is the part most guides leave out. Homes above roughly $5 million can sit for a long time because the buyer pool is small. If you need to sell within a fixed timeframe, price for that from day one rather than discover it six months in.
Appreciation is steady rather than dramatic. Oakville has averaged roughly 5 to 7 percent annual appreciation over the past decade. Eastlake tracks that pattern, with less volatility at the family-home level and more at the estate level.
Every recommendation I make is built on TRREB and OMDREB data rather than assumptions. You can read more on the page for Sam Valji, a RECO-registered broker.
Buying a Home in Eastlake: What to Know
Buying in Eastlake is not like buying in a newer subdivision. A few things need attention.
- Comparable sales are thin. With low turnover, you may find only two or three genuine comparables. Pricing takes judgment, not just a spreadsheet.
- Check the rebuild rules first. Lot coverage limits, setbacks and height restrictions all apply. What you can build is not always what you imagine.
- Mature tree protection is real. Oakville has private tree bylaws. Removing large trees may require a permit, which can reshape a rebuild site plan.
- Confirm heritage status. Some Eastlake properties carry heritage designation or sit on the municipal register. That limits what you can change.
- Verify services on estate lots. A few older properties have non-standard servicing. Confirm during due diligence.
- Allow more time for financing. High-value mortgages take longer to approve, and appraisals on unique properties take longer still.
If you are early in the process, my buyer’s guide walks through each stage. If you are still choosing between Eastlake and another part of Oakville, the neighbourhood match tool will narrow it down before you start touring.
Selling a Home in Eastlake
Selling in Eastlake rewards preparation and punishes guesswork.
Pricing is the hardest part. With few recent comparables, an agent working from instinct can be far off in either direction. Price too high and the home sits, which costs you leverage. Price too low in a thin market and you may not get the multiple offers that would have corrected it.
Decide what you are selling. Some Eastlake homes sell as houses. Others sell as lots. These attract completely different buyers and require different marketing. Choosing the wrong one wastes months.
Presentation standards are higher here. Buyers at this price point expect professional staging, proper photography and a serious marketing plan. Anything less signals a lack of care.
Plan for a longer timeline. Oakville’s median days on market was 27 in June 2026. Homes in Eastlake’s upper tiers routinely take considerably longer. Set that expectation at the start.
My seller’s guide covers the full preparation and listing process step by step.
Frequently Asked Questions
Where is Eastlake in Oakville?
Eastlake is in the southeast corner of Oakville. It runs from the QEW south to Lake Ontario, and from Chartwell Road and Morrison Road east to Ford Drive. It is also known by the names of its sub-pockets, including Ford, Morrison, Charnwood and Ennisclare Park.
How much does a house cost in Eastlake Oakville?
A typical Eastlake detached home works out to roughly $2.3 million, based on the neighbourhood running about 28 percent above the Oakville average. Active listings range from roughly $1.3 million to over $30 million, with a median asking price near $3.5 million. A single average price is misleading because of that spread.
Is Eastlake a good neighbourhood in Oakville?
Eastlake is widely considered Oakville’s most prestigious neighbourhood. It offers the largest lots in the town, top-ranked public and private schools, direct lake access and quiet residential streets. Around 83.8 percent of homes are owner-occupied and 62 percent of households have children.
What schools serve the Eastlake catchment?
Oakville Trafalgar High School serves the area and holds a Fraser ranking of 9.4 on the English track. École E.J. James Public School offers French Immersion for Grades 2 to 8 with a Fraser rating of 9.0 and feeds into it. Maple Grove Public School serves the English track at 7.3. Private options include St. Mildred’s-Lightbourn School, Appleby College and Linbrook School.
Is Eastlake better than Old Oakville?
They suit different buyers. Eastlake offers larger lots, more privacy and newer custom builds. Old Oakville offers heritage character and a walkable downtown, at an average of about $2.35 million. Choose Eastlake for land and schools. Choose Old Oakville for walkability and historic homes.
What types of homes are in Eastlake?
Eastlake has four main types. Waterfront and estate homes sit south of Lakeshore Road East. Family detached homes fill the streets to the north. Mid-century bungalows and colonial or Tudor style homes remain throughout. Custom infill builds continue to replace older houses on ravine and creek-edge lots.
Thinking About a Move in Eastlake?
Eastlake is one of the few Oakville neighbourhoods where the land matters more than the building. That changes how you should value a purchase and how you should price a sale. Whether you are buying your next family home, looking at a rebuild opportunity, or preparing to list, the right advice starts with real market data rather than assumptions. Book a consultation and we can look at the numbers for your specific street.
Last updated: July 2026. Written by Sam Valji, a RECO-registered real estate broker based in Oakville along the shores.
