Market Data as of August 31, 2026
Oakridge Heights — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Oakridge Heights is an established residential building located at 60 Old Mill Rd in the Oakville South neighborhood, completed in 2001 by developer Oakridge Heights Ltd. with a total suite count of 92 units. The property currently records 1 active listing, translating to an availability rate of 1.1 percent. Over the past 90 days, the building recorded 2 closed leases averaging 15 days on the market, while the 30-day window recorded 0 closed leases with an average of 0 days on the market.
Active asking rent sits at $2,800 per month with an average rate of $3.29 per square foot for an 850 square foot suite, compared to historical 90-day realized leases averaging $3,200 per month at $3.05 per square foot across a larger 950 square foot average footprint. The lower nominal asking rent for the current inventory is driven by a more compact suite layout, positioning the building's asking rate per square foot 60.6 percent below the wider Oakville South submarket asking benchmark of $8.34 per square foot.
Marketing friction is virtually non-existent at Oakridge Heights, as historical leases closed with zero days of excess delisted time and 100 percent of recent transactions closed exactly at asking price in a balanced market leverage environment. Prospective tenants face a restricted selection where 100 percent of current inventory is concentrated entirely within the 1-Bedroom + Den layout tier, leaving zero active availability across other bedroom configurations.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Oakridge Heights as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Oakridge Heights recently?
Oakridge Heights features 1 active listing as of August 31, 2026, with an asking price of $2,800 per month across an average and median rent of $2,800 per month. The single available unit spans an average of 850 square feet at an asking rate of $3.29 per square foot. This active inventory consists entirely of 1-Bedroom + Den layouts, representing a 100 percent dominant share that leans toward a compact entry-level configuration rather than multi-bedroom executive suites.
What floor plans and unit layouts are currently available at Oakridge Heights?
The dominant active layout at Oakridge Heights is the 1-Bedroom + Den, accounting for 1 active listing and a 100 percent inventory share. This single available tier features an average asking rent of $2,800 per month across an average of 850 square feet, resulting in an asking rate of $3.29 per square foot.
What is the average asking rent and $/SF by suite size at Oakridge Heights?
Oakridge Heights exhibits a minimum entry rent of $2,800 per month and a peak asking rent of $2,800 per month, resulting in a dollar spread of $0 and an asking spread percentage of 0 percent. The median asking rent matches this figure at $2,800 per month. The entry-level suite consists of a 1-Bedroom + Den configuration spanning 850 square feet at an asking rate of $3.29 per square foot, which is identical to the peak suite metrics since active inventory is limited to a single unit.
How much extra do parking spaces and dens cost at Oakridge Heights?
Oakridge Heights has active den premium data that cannot be isolated, as the active den square footage delta is null. Den marginal rate calculations are unavailable because the square footage differential is unquantified. Furthermore, active parking premium data cannot be reliably isolated due to an insufficient sample, meaning parking stall costs cannot be quantified from current listings.
How do asking rents at Oakridge Heights compare to local and municipal benchmarks?
Oakridge Heights asks an average rent of $2,800 per month at $3.29 per square foot, which compares to the Oakville South submarket asking benchmark of $4,206 per month at $8.34 per square foot. The lower nominal rent and lower rate per square foot of $3.29 per square foot reflect more compact suite sizing and competitive pricing, placing the building's asking rate 60.6 percent below the submarket asking benchmark while representing 5.9 percent of submarket active inventory.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-11 | 1 | 3500 | 436 | 8.03 | N/A |
| 2026-06-12 | 1 | 3500 | 436 | 8.03 | 1 |
| 2026-06-13 | 1 | 3500 | 436 | 8.03 | 2 |
| 2026-06-14 | 1 | 3500 | 436 | 8.03 | 3 |
| 2026-06-15 | 1 | 3500 | 436 | 8.03 | 4 |
| 2026-06-16 | 1 | 3500 | 436 | 8.03 | 5 |
| 2026-06-17 | 1 | 3500 | 436 | 8.03 | 6 |
| 2026-06-18 | 1 | 3500 | 436 | 8.03 | 7 |
| 2026-06-19 | 1 | 3500 | 436 | 8.03 | 8 |
| 2026-06-20 | 1 | 3500 | 436 | 8.03 | 9 |
| 2026-06-21 | 1 | 3500 | 436 | 8.03 | 10 |
| 2026-06-22 | 1 | 3500 | 436 | 8.03 | 11 |
| 2026-06-23 | 1 | 3500 | 436 | 8.03 | 12 |
| 2026-06-24 | 1 | 3500 | 436 | 8.03 | 13 |
| 2026-06-25 | 1 | 3500 | 436 | 8.03 | 14 |
| 2026-06-26 | 1 | 3500 | 436 | 8.03 | 15 |
| 2026-06-27 | 1 | 3500 | 436 | 8.03 | 16 |
| 2026-06-28 | 1 | 3500 | 436 | 8.03 | 17 |
| 2026-06-29 | 1 | 3500 | 436 | 8.03 | 18 |
| 2026-06-30 | 1 | 3500 | 436 | 8.03 | 19 |
| 2026-07-01 | 2 | 3200 | 693 | 5.54 | 10 |
| 2026-07-02 | 1 | 2900 | 950 | 3.05 | 1 |
| 2026-07-03 | 1 | 2900 | 950 | 3.05 | 2 |
| 2026-07-04 | 1 | 2900 | 950 | 3.05 | 3 |
| 2026-07-05 | 1 | 2900 | 950 | 3.05 | 4 |
| 2026-07-06 | 1 | 2900 | 950 | 3.05 | 5 |
| 2026-07-07 | 1 | 2900 | 950 | 3.05 | 6 |
| 2026-07-08 | 1 | 2900 | 950 | 3.05 | 7 |
| 2026-08-12 | 1 | 2800 | 850 | 3.29 | N/A |
| 2026-08-13 | 1 | 2800 | 850 | 3.29 | 1 |
| 2026-08-14 | 1 | 2800 | 850 | 3.29 | 2 |
| 2026-08-15 | 1 | 2800 | 850 | 3.29 | 3 |
| 2026-08-16 | 1 | 2800 | 850 | 3.29 | 4 |
| 2026-08-17 | 1 | 2800 | 850 | 3.29 | 5 |
| 2026-08-18 | 1 | 2800 | 850 | 3.29 | 6 |
| 2026-08-19 | 1 | 2800 | 850 | 3.29 | 7 |
| 2026-08-20 | 1 | 2800 | 850 | 3.29 | 8 |
| 2026-08-21 | 1 | 2800 | 850 | 3.29 | 9 |
| 2026-08-22 | 1 | 2800 | 850 | 3.29 | 10 |
| 2026-08-23 | 1 | 2800 | 850 | 3.29 | 11 |
| 2026-08-24 | 1 | 2800 | 850 | 3.29 | 12 |
| 2026-08-25 | 1 | 2800 | 850 | 3.29 | 13 |
| 2026-08-26 | 1 | 2800 | 850 | 3.29 | 14 |
| 2026-08-27 | 1 | 2800 | 850 | 3.29 | 15 |
| 2026-08-28 | 1 | 2800 | 850 | 3.29 | 16 |
| 2026-08-29 | 1 | 2800 | 850 | 3.29 | 17 |
| 2026-08-30 | 1 | 2800 | 850 | 3.29 | 18 |
| 2026-08-31 | 1 | 2800 | 850 | 3.29 | 19 |
12-Month Market Dynamics & Trend Trajectory
Oakridge Heights at 60 Old Mill Rd in Oakville features a lifetime leasing volume of 2 transactions with an average monthly rent of $3,200 per month, an average rate of $3.05 per square foot, an average suite size of 950 square feet, and an average days on market of 15 days. Tenant turnover remains steady within this 92-suite building completed in 2001. Pricing discipline at Oakridge Heights demonstrates balanced conditions between landlords and prospective tenants. All transactions settled on average at 100% of asking price with a net negotiation spread of $0, reflecting zero landlord concessions or tenant discounts below list price.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-28 | 1 | 3500 | 436 | 8.03 | 21 |
| 2026-07-05 | 1 | 2900 | 950 | 3.05 | 8 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Oakridge Heights at 60 Old Mill Rd is situated alongside a localized competitive set that includes Oakridge Heights I at 50 Old Mill Rd (0.1 km away, completed in 2001 with 1 active listing), Oakridge Heights III at 40 Old Mill Rd (0.12 km away, completed in 2005 with 5 active listings), Oak Hill at 20 Speers Road (0.45 km away, built in 1973 with 1 active listing), and Rain at 65 Speers Rd (0.64 km away, completed in 2016 with 18 active listings). These properties reflect a diverse structural timeline, ranging from mid-rise multiresidential buildings constructed in the 1970s to turn-of-the-millennium towers and newer mid-2010s developments. Across this micro-market, the overall comparable benchmark averages $2,874 per month at $3.50 per square foot across an average suite size of 922 square feet. Oakridge Heights operates as a stabilized, early-2000s residential asset delivering larger footprints that trade at competitive square-foot metrics relative to both older properties and newer high-rise alternatives in Oakville South.
Comparable Analysis & Questions
How do rental rates at Oakridge Heights compare to neighbouring buildings within Oakville South?
Oakridge Heights achieves an average lease rent of $3,200 per month, aligning closely with the overall competitive benchmark average of $2,874 per month across nearby properties such as Oakridge Heights I, Oakridge Heights III, Oak Hill, and Rain. Individual performance varies across the immediate vicinity: Oakridge Heights I (50 Old Mill Rd) reports an average lease rent of $2,650 per month at $3.21 per square foot across an average of 825 square feet; Oakridge Heights III (40 Old Mill Rd) commands $3,610 per month at $5.15 per square foot across an average of 818 square feet; Oak Hill (20 Speers Road) leases at $2,700 per month at $2.08 per square foot across a larger 1,300-square-foot average; and Rain (65 Speers Rd) records an average lease rent of $2,536 per month at $3.54 per square foot across an average of 745 square feet.
Does Oakridge Heights offer a competitive price-per-square-foot ($/SF) against local comparables?
Oakridge Heights establishes its value proposition by offering an average leased rate of $3.05 per square foot across an average suite size of 950 square feet, undercutting the broader submarket average lease rate of $3.70 per square foot. Renters evaluating Oakridge Heights against Oak Hill (20 Speers Road) trade an older 1,300-square-foot footprint at $2.08 per square foot for a more modern layout and robust building infrastructure. Conversely, when compared to Rain (65 Speers Rd) at 65 Speers Rd, which features smaller 745-square-foot suites averaging $3.54 per square foot, Oakridge Heights provides 205 more interior square feet at a more competitive rate per square foot.
How do building age, amenities, and developer reputation impact rent spreads?
Oakridge Heights provides a comprehensive suite of building amenities that rival modern high-rise developments in the Oakville South micro-market. Signature features at Oakridge Heights include a 24-hour Concierge & Security service, an indoor pool, a sauna and steam room, a dedicated car wash bay, and an expansive garden and courtyard. When compared to the older Oak Hill at 20 Speers Road—which offers a gym, indoor pool, party room, library, hobby room, shared laundry, and garden—Oakridge Heights delivers significantly enhanced security and vehicular maintenance amenities. Against newer properties like Rain at 65 Speers Rd, which includes a yoga studio, hot tub, rooftop terrace, and pet wash station, Oakridge Heights matches core wellness and social lifestyle requirements through its own indoor pool, fitness centre, media room, and social lounges. This robust amenity package primarily serves professionals and downsizers seeking full-service condominium living with generous interior square footage.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Oakridge Heights.
Building Amenities
- Concierge & Security
- Car Wash Bay
- Gym & Fitness Centre
- Indoor Pool
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Library & Reading Room
- Hobby Room
- Media & Theatre Room
- BBQ Area
- Garden & Courtyard
Residential Buildings in the Vicinity
- Oakridge Heights I97 m
- Oakridge Heights III117 m
- Oak Hill450 m
- Senses - Rain 2639 m
- Rain639 m
- Equity Park Apartments712 m
- Parkview Manor Apartments712 m
- Kerr Street Studios743 m
- Princeton Manor - North866 m
- Princeton Manor - South904 m
- Queens Avenue Retirement Residence1.3 km
- Arbour Glen1.4 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Oakridge Heights.
Snapshot Dates & Benchmark Cadence
- Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
- Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
- Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.
Public Data Aggregation & Thresholds
- Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
- Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.
Calculation Formulations
- Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
- Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
- Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
- Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.
Data Limitations & Scope
- Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
- Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.
Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.
