What’s Happening in Downtown Oakville? Progress on The Lakeshore Road Reconstruction Project
Picture this: A prominent downtown suburb with cutting-edge urban planning, sustainable revitalization, a vibrant community, and dense green landscaping. This dream is about to turn into a reality for Oakville, a prominent and fast-growing destination in Southern Ontario.
In a quest to inject some new life, while retaining the rich cosmopolitan culture of downtown Oakville, the town has announced a reconstruction project. Apart from this, the revitalized town will be geared to complement the Lakeshore Road streetscape.
The citizens of Oakville already adore their picturesque, friendly, amenity-filled community, and they are eagerly awaiting the results of this reconstruction plan. The improvements are going to make this magnificent town even better, and soon there will be even more reasons to love the beautiful town of Oakville.
The II-Phase Reconstruction Plan
The construction is scheduled to be completed in two phases over a period of two years.
The first phase of the program includes the redevelopment of Navy Street to Dunn Street, and the second phase will cover the area between Dunn Street to Allan Street.
Needless to say, the construction is well underway, and the first phase is likely to be completed by the end of November this year. After that, the second phase is scheduled to be completed by November 2020, just in time for the Santa Claus parade!
Progress So Far
The plan was announced in March of this year, and the construction finally broke ground last month, on April 22nd. At the moment, Rebecca Street is in the process of being redeveloped. From concrete repairs on the sidewalks to installing new underground utilities, the first phase is certainly on the right track.
Positive Impact on Real Estate and the Community
Downtown Oakville is a prosperous town; there are no two ways about it. With its rich culture, exuberant society, and urban planning, once the town redevelops as scheduled, it is likely to flourish even more.
The project aims to reconstruct the roads, beautify the streets, improve cycleways, and enhance mobility and connectivity. And this doesn’t even begin to cover the whole plan. In addition, other elements like public Wi-Fi, electric charging stations, and furnishings—such as street benches, bollards, and lighting—will also be addressed.
All these developments will inject new energy in the Oakville real estate market.
These smart elements will work as catalysts in improving the community, and they will offer great opportunities to host public events and will provide a vital stimulus to real estate in the vicinity. After all, the better the neighborhood is, the more thriving the real estate is likely to be.
The greatest thing about this plan is that it aims to rejuvenate downtown Oakville, all the while retaining their rich history and culture.
Are you excited to see how the final developments will turn out? Contact us today, as our team of local experts can provide more information and regular updates regarding all your real estate needs.
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August 2025 GTA Real Estate Market Update | Regan Irish
The August 2025 GTA Real Estate Market Update reflects renewed momentum and affordability in Toronto, Oakville, Mississauga, Burlington, and Muskoka. Thanks to steady interest rates and appealing home prices, July proved surprisingly dynamic. Let’s dig into the numbers and what they mean for you.
Interest Rates Remain Stable — Affordability Fueling Activity
In July 2025, the Bank of Canada maintained its key rate at 2.75%, its third consecutive pause. With lower borrowing costs now more accessible, affordability is encouraging a wave of renewed buyer activity.
GTA Market Overview: Sales Surge, Prices Slightly Dip
- Home Sales: 6,100+ transactions region-wide, marking a 10.9% increase YoY and the strongest July since 2021.
- Month-over-Month: Seasonally adjusted sales rose 13% from June to approximately 5,744 units, the biggest monthly gain in nine months.
- New Listings: Up 5.7% YoY, totaling 17,613 new offers.
- Price Trends:
- The MLS® Home Price Index (HPI) Composite Benchmark fell 5.4% YoY.
- The average GTA selling price dropped 5.5% YoY to around $1,051,719.
- Word on the street indicates the HPI drifted slightly lower—about $979,000, down 0.2% from June.
What It Adds Up To: Buyers are back in force—sales are outpacing new listings while prices softened, creating renewed market opportunities.
City Highlights
Toronto
A more balanced landscape—but some segments remain soft. Condos and detached homes see inventory rising; semis are steadier.
Oakville, Mississauga, Burlington & Muskoka
While TRREB doesn’t break down by city in these reports, regional trends suggest:
- Mississauga & Burlington: Strong rise in listings and dipping average prices give buyers leverage.
- Oakville: Stability in demand for luxury keeps discounts modest.
- Muskoka: Continued strong interest in sub-$2M waterfront properties should benefit from broader GTA momentum.
What This Means for You
- For Buyers:
Renewed affordability, rising inventory, and favorable interest rates make August a prime time to move. - For Sellers:
A more balanced market—strategic pricing and quick response will be key to success. - For Investors & Cottage Buyers:
Strong July sales in the GTA point to increasing investor interest; Muskoka remains a high-value lifestyle and investment destination.
Work With the GTA Real Estate Experts
Whether you’re planning to buy a Muskoka cottage, invest in a luxurious Oakville property, or explore options across Toronto, Mississauga, or Burlington, now is the time to act.
Regan Irish & Associates specializes in luxury, resale, and investment properties across the GTA and Muskoka. Our market insight and negotiation skills help you get the best results—whether buying, selling, or investing.
1320 Cornwall Rd Unit 103, Oakville, ON L6J 7W5
905.842.7677
Visit reganirish.com
Let’s make today’s market your opportunity—contact us today!
Ultimate Guide to Downsizing Your Home in Canada
Alex Irish & Associates and The Regan Team Announce Strategic Merger
Two of the most respected names in real estate, Alex Irish & Associates and The Regan Team, are excited to announce a strategic merger that will combine their expertise, resources, and market reach. This partnership of Regan Irish & Associates brings together the strengths of both firms, offering an enhanced real estate experience for clients across Southern Ontario, including expanding into new regions like Collingwood and Muskoka. The merger reflects both brokerages’ long-standing commitment to providing high-quality, relationship-focused service while leveraging new technologies and business strategies to ensure their clients receive unparalleled support.
“Alex is the consummate professional,” said Matthew Regan, CEO of The Regan Team. “She embodies the qualities of a person I would trust with my own home sale, and I am excited to partner with her to combine the best of both our brokerages. Our goal is to create a work culture that allows our agents to thrive, while being confident and equipped to provide the service our clients deserve. Our clients are going to benefit immensely with a wider and deeper net of potential buyers and an even further reach in marketing and advertising.”
Alex Irish, Founder of Alex Irish & Associates, emphasized that this partnership is the next natural step for her business. “By combining our resources and efforts we knew we’d be able to create a better real estate experience for our clients, our agents and business partners.” she explained. “This merger allows me to focus more on client relationships while also mentoring our agents who can continue to offer that same high level of service. Matthew has built a business model that aligns with my long-term vision, allowing us to scale while still maintaining the personal touch. Simply put, we are better together.”
Alex has built her brand over decades, particularly in the Oakville area, where her name is synonymous with excellence in real estate. Her personal approach, based on referrals and repeat business, has earned her a loyal clientele. Matthew has focused on recruiting top agents and scaling his business, growing The Regan Team to one of the top brokerages in Canada. This merger offers an exciting opportunity to grow into new territories. Together, the merged brokerage will have 15 offices spanning from Niagara to Toronto to Muskoka. This expanded presence means more resources for clients, from enhanced marketing capabilities to a wider net of potential buyers.
The merger will officially take effect on October 31, 2024, and the new branding and operations will be rolled out in the coming months.
About Alex Irish & Associates
Alex Irish & Associates, led by Alex Irish, is a highly respected name in Oakville, known for its personalized, referral-based business model and long-standing relationships with clients. Alex has built her brand on trust, excellence, and attention to detail, qualities that will remain at the forefront of the merged firm.
About The Regan Team
The Regan Team has a long-standing reputation for innovation, process-driven operations, and a focus on agent recruitment and development to provide the highest level of service for their clients. Under Matthew’s leadership, the brokerage has expanded its presence across Ontario, providing agents with the tools and support needed to succeed in a competitive market. For more information on this exciting merger, please contact Matthew Regan.