Townhouse

1516 Lancaster Drive Townhomes

1514-1558 Lancaster Drive, Oakville, ON L6H 2Z4

Year Built

1979

Total Units

150

Avg $/sqft

$547

Storeys

Available Units in 1516 Lancaster Drive Townhomes

Units for sale

Units for rent

Live MLS · Updated daily

Overview

1516 Lancaster Drive Townhomes is a Oakville condo located at 1514-1558 Lancaster Drive in the Iroquois Ridge South neighbourhood. The condo was completed in 1979 and features 150 units over 2 storeys. Oakville condo for sale here range from 880 square feet, up to 1499 square feet.

Year Built

1979

Property Type

Townhouse

Storeys

Total Units

150

Management

TAG Management

Amenities

Underground Parking

Visitor Parking

BBQ Area

Price History

23 records

Loading history…

Market Stats

Prices in 1516 Lancaster Drive Townhomes are down 14.2% compared to last year.

$547

Avg $/sqft

-14.2%

YoY change

Avg days on market

Location & Walkability

Walk Score

43/100

Daily errands on foot

Transit Score

—/100

TTC, GO, subway access

Bike Score

64/100

Bike lanes & infrastructure

Neighbourhood in Oakville

Iroquois Ridge South

family-friendly quiet community-oriented

Iroquois Ridge South is a quiet neighbourhood in Oakville. It offers a mix of parks, schools, and local amenities.

Walkability score of 35

Day to dayLivability

Walkability

out of 100 · averaged over 4,177 past and present listings

Average walk score reported on listings here

6.6

Schools near listings

out of 10 · averaged over 4,177 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

In Oakville

$1,399,000

In Ontario

$716,900

Median monthly rent

In Oakville

$2,900

In Ontario

$2,499

On the marketMarket snapshot

For sale

For rent

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Family-friendly environment
Access to local parks and schools
Variety of dining options
Close-knit community feel

Keep in mind

Limited public transit options
Walkability score is low

The feel of the placeLifestyle

Daily life here is relaxed, with local amenities close by. Residents enjoy outdoor spaces and community activities.

Great for families first-time buyers those seeking a peaceful lifestyle

Within the boundaryWhat's nearby

The boundary

11.0 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 11.0 km² of Iroquois Ridge South. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

7.5/10

Average rating of the 5 rated schools in this area

Elementary

Secondary

Iroquois Ridge High School
Public · Grades 9–12 · Halton DSB
9.3/109.0 over 5 yrs
8th of 742 Ontario secondary schools
1,585 students · EQAO 2024-2025
Joshua Creek Public School
Public · Grades JK–8 · Halton DSB
9.0/108.8 over 5 yrs
91st of 3,045 Ontario elementary schools
855 students · EQAO 2024-2025
St. Marguerite d'Youville Catholic Elementary School
Catholic · Grades JK–8 · Halton CDSB
8.2/108.0 over 5 yrs
262nd of 3,045 Ontario elementary schools
425 students · EQAO 2024-2025
Falgarwood Public School
Public · Grades JK–8 · Halton DSB
5.6/106.4 over 5 yrs
1,868th of 3,045 Ontario elementary schools
600 students · EQAO 2024-2025
Holy Family Catholic Elementary School
Catholic · Grades JK–8 · Halton CDSB
5.5/106.5 over 5 yrs
1,934th of 3,045 Ontario elementary schools
190 students · EQAO 2024-2025
Heritage Montessori
Independent
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Iroquois Ridge South, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

28,477

Population (2021)

10.3 km²

Area

2,759

People per km²

42.7

Median age

$138,700

Median income

80%

Own their home

People per household

9,630

Households

Every age

Children (under 15)16.4%
Working age (15–64)66.9%
Seniors (65+)16.7%

What is built here

Detached houses58%
Semi-detached3.8%
Townhouses15.7%
Duplexes2.3%
Low-rise apartments2.1%
High-rise apartments17.9%

Own or rent

80%Owners

20%Renters

Across 9,630 households

When it was built

Mostly 1961–1980

1960 or earlier2%
1961–198029%
1981–199024%
1991–200013%
2001–200513%
2006–201010%
2011–20154%
2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

43.1%
Born outside Canada: 45.8%
Hold a degree or higher: 56.4%
Employment rate: 7.8%
Commute by transit: 83.2%
Commute by car: 1.8
Children per family: $115,868
Median income after tax: $169,244
Average household income: 9.7%
Living on a low income: $2,140/mo
Renters pay, per month: $1,954/mo
Owners pay, per month: $1,228,699
Median home value at census: 40.7%
Renters spending 30%+ of income on housing: 20.3%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 41 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry