Condos for Rent in Central, Oakville, ON

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Neighbourhood in Oakville

Central

family-friendly community-oriented suburban

Central is a vibrant neighbourhood in Oakville. It offers a mix of residential options and amenities for families and individuals.

High school rating average of 8.5 Diverse housing options available Close to various restaurants and cafes Strong community with a 37.6% immigrant population

At a glance

Photo of Unit 1204, 65 Speers Road
For RentNew ListingSwimming Pool
Listed for:

Listed 1 day ago

$2,400

Unit 1204, 65 Speers Road

Oakville (Central), ON L6K 0J1

1 + 1Bedrooms
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 710, 65 Speers Road
For RentNew ListingPanoramic Views
Listed for:

Listed 6 days ago

$2,450

Unit 710, 65 Speers Road

Oakville (Central), ON L6K 0J1

1 + 1Bedrooms
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 911, 65 Speers Road
For RentCorner Unit
Listed for:

Listed 8 days ago

$3,400

Unit 911, 65 Speers Road

Oakville (Central), ON L6K 0J1

2Bedrooms
2Bathrooms
1Parking
900-999Sq Ft

Condo ApartmentFor Rent

Photo of Unit 1701, 65 Speers Road
For RentNew ListingRooftop Terrace
Listed for:

Listed 9 days ago

$2,400

Unit 1701, 65 Speers Road

Oakville (Central), ON L6K 3V5

1 + 1Bedrooms
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 1706, 55 Speers Road
For Rent
Listed for:

Listed 20 days ago

$2,595

Unit 1706, 55 Speers Road

Oakville (Central), ON L6K 3R6

1 + 1Bedrooms
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 209, 55 Speers Road
For Rent
Listed for:

Listed 28 days ago

$2,750

Unit 209, 55 Speers Road

Oakville (Central), ON L6K 0H9

2Bedrooms
2Bathrooms
2Parking
800-899Sq Ft

Condo ApartmentFor Rent

Day to dayLivability

8.5

Schools near listings

out of 10 · averaged over 103 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

$1,185,880

16% below Oakville 66% above Ontario

In Central

$1,185,880

In Oakville

$1,419,000

In Ontario

$715,000

Median monthly rent

$2,673/mo

11% below Oakville 7% above Ontario

In Central

$2,673

In Oakville

$3,000

In Ontario

$2,500

≈ 37 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

57

Median $1,185,880

Condos 29 · Houses 28

For rent

15

Median $2,673

Condos 10 · Houses 5

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-11. 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

  • Good schools rated highly
  • Family-friendly environment
  • Access to parks for outdoor activities
  • Diverse community with cultural richness

Keep in mind

  • Prices are above the city median
  • Higher rental strain for residents

The feel of the placeLifestyle

Daily life in Central is active and community-oriented, with many amenities within reach. Residents enjoy a suburban feel with local parks and shops.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

2.4 km²

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

12

Parks

11

Playgrounds

1

Grocery stores

12

Restaurants

3

Cafés

3

Gyms

3

Pharmacies

Counted across all 2.4 km² of Central. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

8.2/10

Average rating of the 2 rated schools in this area

3

Elementary

2

Secondary

  • St. Thomas Aquinas Catholic Secondary School

    Catholic · Grades 9–12 · Halton CDSB

    8.2/107.6 over 5 yrs

    65th of 742 Ontario secondary schools

    1,310 students · EQAO 2024-2025

  • ÉÉC Sainte-Marie-Oakville

    Independent · French · Grades JK–8 · CSC MonAvenir

    8.1/107.6 over 5 yrs

    299th of 3,045 Ontario elementary schools

    295 students · EQAO 2024-2025

  • Modern Montessori Academy

    Independent

    Not rated

  • Oakwood Public School

    Public · Grades JK–6 · Halton DSB

    Not rated

    265 students · EQAO 2024-2025

  • Speak Spanish Academy

    Independent

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Central, 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

10,050

Population (2021)

2.9 km²

Area

3,444

People per km²

45.7

Median age

$85,338

Median income

41%

Own their home

2.1

People per household

4,865

Households

Every age

  • Children (under 15)12.3%
  • Working age (15–64)65.5%
  • Seniors (65+)22.2%

What is built here

  • Detached houses24.9%
  • Semi-detached1.3%
  • Townhouses8.2%
  • Duplexes3.8%
  • Low-rise apartments18.2%
  • High-rise apartments43.1%
  • Other attached homes0.5%

Own or rent

41%Owners

59%Renters

Across 4,865 households

When it was built

Mostly 1961–1980

  • 1960 or earlier26%
  • 1961–198035%
  • 1981–19909%
  • 1991–20008%
  • 2001–20053%
  • 2006–20103%
  • 2011–20155%
  • 2016–20219%

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.

37.6%
Born outside Canada
36.9%
Hold a degree or higher
53.7%
Employment rate
10.4%
Commute by transit
76.7%
Commute by car
1.7
Children per family
$73,224
Median income after tax
$125,813
Average household income
14.9%
Living on a low income
$1,502/mo
Renters pay, per month
$1,744/mo
Owners pay, per month
$1,159,554
Median home value at census
40.2%
Renters spending 30%+ of income on housing
19%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 16 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

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What condos in Central actually rent for

At least 111 condos were leased in Central over the 12 months to September 2026. Half leased above $2,619 and half below, 6.4% higher than the 12 months before. A typical condo found its tenant in 23 days.

2 of the last 12 months had at least 5 closed condos sales in Central. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median rent
$2,619
+6.4% year over year
Days to lease
23
Unchanged
Leases closed
111
last 12 months
Rent per square foot
$3.41/mo
from 108 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.

$3,585$3,053$2,522$1,990
Mar ’24Feb ’25Nov ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,993/mo

on a $3,000 asking rent — under ask by $7

−10%Asking rent+10%
Of the asking rent
99.8%
Leased over asking
10.8%

From 111 leases that closed here in the last 12 months.

Rent or buy in Central

18.4 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$577,800

15 sales

Median rent

$2,619/mo

111 leases

Gross rental yield

5.44%

before costs

Both figures come from deals that actually closed in Central over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Central, rentals
Monthly closed leases in Central
MonthClosedMedianMiddle halfDays% of ask
Sep 20268$2,725$2,575 – $3,02524100.0%
Aug 202614$2,725$2,313 – $2,95018100.0%
Jul 20269$2,800$2,400 – $3,20015100.0%
Jun 202612$2,750$2,500 – $2,90020100.0%
May 20269$2,350$2,150 – $2,80019100.0%
Apr 20267$2,500$2,275 – $2,75055100.0%
Mar 20267$2,250$2,213 – $2,6002198.9%
Feb 20269$2,500$2,250 – $2,60028100.0%
Jan 20266$2,650$2,450 – $2,77520100.0%
Dec 20259$2,450$2,200 – $2,7002198.0%
Nov 202513$2,700$2,275 – $2,87526100.0%
Oct 20258$2,825$2,250 – $3,26321100.0%
Sep 20256$2,900$2,250 – $3,4752498.9%
Aug 202512$2,250$2,188 – $2,46316100.0%
Jul 202514$2,275$2,100 – $2,50021100.0%
Jun 202519$2,300$2,150 – $2,70021100.0%
May 20258$2,250$2,138 – $2,76040100.0%
Apr 20259$2,500$2,200 – $2,65032100.0%
Mar 202510$2,473$2,356 – $2,7503098.8%
Feb 20255$2,600$2,300 – $2,60012100.0%
Jan 202511$2,750$2,475 – $3,00032100.0%
Dec 20246$2,675$2,350 – $2,95938100.0%
Nov 202410$2,700$2,488 – $2,90011100.0%
Oct 202411$2,400$2,375 – $2,45013100.0%
Aug 202412$2,550$2,475 – $3,05044100.0%
Jul 202411$2,550$2,450 – $2,95031100.0%
Jun 202417$2,900$2,400 – $3,25023100.0%
May 20248$2,348$2,300 – $2,47541100.0%
Apr 202411$2,750$2,475 – $3,30044100.0%
Mar 20248$2,463$2,100 – $2,7134596.5%

What people ask about Central

How much does a condo cost in Central?

Condos in Central sold for a median of $577,800 over the 12 months to September 2026, across at least 15 closed sales — half sold for more and half for less. That is 2.2% lower than the 12 months before it.

How long does it take to sell a condo in Central?

A condo in Central took a median of 30 days on the market over the 12 months to September 2026. Condos there closed at 98.8% of the asking price on average, with 20.0% selling over asking.

How much is rent for a condo in Central?

The median condo lease in Central closed at $2,619 a month over the 12 months to September 2026, across at least 111 leases.

Is it cheaper to rent or buy a condo in Central?

A condo in Central costs about 18.4 years of the rent on one — the median price of $577,800 against a median rent of $2,619 a month, a gross yield of 5.44%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Central on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.