The Oakville neighbourhood of Iroquois Ridge South/Falgarwood stretches north of the QEW to south of Upper Middle Road, east of Trafalgar Road and west of Ninth Line. An ideal location for commuters.
This picturesque community provides an abundance of trees, streams and parks which give its bungalows, side-splits and two-story homes a unique, lush backdrop. There are also a handful of pockets with link and semi-detached homes. This is a mature area with large lots defined by its long-term residents and family friendly, tree-lined streets. A proud family neighbourhood with walking distance to many highly ranked schools.
The Iroquois Ridge South/Falgarwood area is great for all kinds of households, but families are the largest group. Families with children in the area tend to have 1 child at home, with a large percentage of young children. Home ownership in Iroquois Ridge South/Falgarwood is high, with a split of approximately 81% owners to 19% renters among those living in the area. The Iroquois Ridge Community Centre is a few blocks away and offers competitive as well as leisure swimming, a fitness centre, outdoor skating park, programme rooms and a gymnasium.
Currently detached homes in Iroquois Ridge South/Falgarwood range from $800,000 to a top end now approaching $2,000,000. Smaller link and detached homes or homes in original condition range from $800,000 to $1,000,000 whereas larger two storey homes or homes with varying degrees of upgrades range from $1,200,000 to $1,800,000. The average selling price of detached 2 storey homes is $1,300,000.
As with all properties in the GTA this neighbourhood is enjoying significant price escalation. Money is being re-invested into this neighbourhood as original owners move out and new buyers looking to make upgrades move in.
The close proximity to major traffic arteries (403, QEW, 407) makes this neighbourhood highly desirable for commuters.