Upper Joshua Creek, a forthcoming condo and single-family home development in one of Oakville’s historically significant regions is currently in its pre-construction stage. This exciting project, spearheaded by Mattamy Homes, is set to encompass 532 units, catering to a diverse range of preferences and buyer profiles. Whether you lean towards contemporary aesthetics or more traditional designs, Upper Joshua Creek will offer a comprehensive selection. Nestled in a secluded locale yet conveniently linked to Mississauga and the broader GTA, Upper Joshua Creek presents an ideal living environment for commuters and individuals seeking a quieter lifestyle away from the bustling heart of Toronto. While Upper Joshua Creek is still in its initial planning phases, there are compelling reasons to monitor its progress closely.
Developer: Mattamy Homes
Address: Dundas St E & Ninth Line, Oakville
Occupancy: TBA
Home Types: 2-storey Freehold Townhomes, Freehold Rear Lane Townhomes, 34′ & 38′ Detached Homes
Square Footage: 1,496 sq ft – 3,343 sq ft
Deposit Structures:
Townhomes Option 1: $40,000 on Signing // $30,000 in 60 Days // $30,000 in 90 Days ($100,000 Total)
Townhomes Option 2: $90,000 on Signing // 10% Discount of Deposit Adjusted on Closing*
34′ Detached Homes: $40,000 on Signing // $30,000 in 30 Days // $30,000 in 60 Days // $20,000 in 90 Days ($120,000 Total)
38′ Detached Homes: $40,000 on Signing // $40,000 in 30 Days // $40,000 in 60 Days // $30,000 in 90 Days ($150,000 Total)
Location: Upper Joshua Creek is a master-planned community of freehold townhomes and detached homes in Oakville, situated at Dundas St E & 9th Line.
Proximity to Amenities: This development offers a natural setting and easy access to various urban amenities, including major highways, Oakville Place, Sheridan College, parks, and trails.
Oakville’s Growth and Desirability:
Population Growth: Oakville’s population of approximately 225,000 is expected to significantly increase over the next three decades, with Halton Region planning to grow it to over 1.1 million people by 2051, accompanied by job creation.
Housing Demand: Due to the projected population growth, Oakville faces a high demand for housing, with a need for over 90,000 new housing units by 2031, creating potential for increased real estate values and rental rates.
Location and Connectivity: Oakville is strategically located, connected by the QEW and Highways 403 and 407. It offers a short drive to Toronto, Union Station, Lake Ontario, Pearson Airport, and the US border.
Desirable Living: Oakville was rated as the best place to live in Canada in 2018. Residents enjoy proximity to Toronto’s offerings while relishing a quieter lifestyle, surrounded by extensive parkland, Lake Ontario, and recreational trails.
Education and Income: Oakville boasts high-quality education, with an average household income of $192,562 in 2020, significantly above the provincial average. It hosts prestigious private schools, highly-ranked elementary and secondary schools, and numerous post-secondary institutions within an hour’s drive.
Developer – Mattamy Homes:
Developer’s Experience: Mattamy Homes, a well-respected developer with over 40 years of experience, is responsible for the Preserve West development. They have helped thousands of families achieve homeownership and have been recognized as Homebuilder of the Year multiple times.
Prices Starting From $1,009,990's
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