Oak Ridges

Market pulse

TRREB Market Watch

Sold vs. original ask

98.8%

of the first asking price

MLS® · live

Resale market data from TRREB. Months of inventory = active listings ÷ monthly sales.

GTA-wide financing context

Economic backdrop

BoC rate

2.25%

Next decision

Sep 2

ODIN forecast

Hold

80% probability

Financing conditions are more likely to stay steady through the next decision, giving the market a clearer payment baseline.

Macro context for financing—not a neighbourhood price forecast.

About this data. Monthly market statistics are sourced from the Toronto Regional Real Estate Board (TRREB) Market Watch report. Metrics labelled “calculated” are derived from MLS® listing data and may differ from official board figures. Figures reflect data available. This information is deemed reliable but is not guaranteed accurate. Content is provided for general information only and does not constitute financial, investment, or real estate advice.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Oak Ridges Area Guide

AI Generated

Oak Ridges is a growing Richmond Hill neighbourhood known for its blend of established communities and ongoing development. It appeals to a range of buyers, from families seeking new construction to those looking for townhouse or single-family home options. The area is seeing significant new development, particularly along key arteries like Yonge Street and King Road.

Diverse Housing Options — The neighbourhood offers a wide array of housing, including single-family homes, townhouses, and condos, with options available from the planning phase to move-in ready resale units.
Extensive Price Range — Properties in Oak Ridges span a broad price spectrum, from condominiums starting at $329,000 up to luxury single-family homes reaching $3,399,990, catering to various budget requirements.
Significant New Development — With 21 projects currently in various stages, including "Developer Selling" and "Launching Soon," Oak Ridges is a hub for new construction, offering a total of 1,342 units across the portfolio.
Transit Accessibility — Developments such as The Bond on Yonge Condos and Yonge & King Urban Towns Phase II boast walk scores up to 79 and transit scores up to 47, indicating relatively good access to local amenities and public transportation in specific pockets of the neighbourhood.