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Morrison is one of Oakville’s most prestigious residential neighbourhoods and a defining part of the Southeast Oakville luxury real estate market. Known for its mature tree-lined streets, expansive lots, custom residences and proximity to Lake Ontario, the neighbourhood attracts buyers looking for privacy, architectural quality and a long-term family home in one of Oakville’s most established communities.
Real estate in Morrison is exceptionally varied. The neighbourhood includes original bungalows and traditional family homes with renovation or redevelopment potential, extensively renovated residences, newly constructed custom homes and significant estate properties. Along the southern edge of the neighbourhood, select homes offer direct waterfront exposure, private lake access and some of the most valuable residential settings in Oakville.
Morrison forms the central luxury market within Southeast Oakville. It generally offers larger lots and a greater concentration of estate-scale homes than the neighbouring communities of Old Oakville and the Ford neighbourhood, while remaining only minutes from Downtown Oakville, the QEW and Oakville GO.
Morrison contains some of Oakville’s most substantial custom residences, including estate properties on large private lots and a limited collection of important waterfront homes.
Quiet streets, established landscaping and generous setbacks create a private residential environment that feels removed from the busier parts of Oakville.
Access to established public, French Immersion and private schools is one of the main reasons families consider homes in Morrison and Southeast Oakville.
Morrison’s housing stock reflects several generations of development. Many streets were originally built with detached bungalows, side-splits and traditional two-storey family homes on lots that are considerably larger than those found in newer Oakville communities. These properties continue to appeal to buyers looking for land value, renovation potential or an opportunity to build a custom residence.
Over time, many original homes have been extensively renovated or replaced with larger custom builds. Architectural styles range from traditional Georgian and French-inspired estates to transitional and contemporary residences. The strongest properties tend to combine thoughtful architecture, well-proportioned interiors, high-quality construction and landscaping that complements the surrounding mature streetscape.
Four-bedroom homes form the core of the Morrison family-home market, but the neighbourhood also contains smaller original properties and substantial residences with five or more bedrooms. Bedroom count alone does not fully describe value. A three-bedroom bungalow on an exceptional building lot may attract a very different buyer than a finished five-bedroom estate, even when the two properties are located on the same street.
Waterfront and lake-adjacent homes occupy their own segment of the market. Direct shoreline, lake views, privacy, lot dimensions and the quality of the existing residence can create significant premiums. These properties are rare and should be evaluated against highly specific comparable sales rather than broader neighbourhood averages.
Morrison remained at the top end of the Oakville detached-home market in 2025, recording an average sale price of $3,543,428 across 59 sales. This was 16% below the 2024 average of $4,213,636, although the number of transactions increased slightly from 55 to 59.
The year-over-year adjustment should be viewed within the context of Morrison’s highly varied housing stock. Annual averages can move considerably depending on how many original homes, renovated properties, custom estates and waterfront residences sell during a particular period. A small number of significant transactions can materially affect the overall result.
The longer-term trend remains notable. Morrison’s average sale price was approximately $2.51 million in 2019 before moving above $4 million in 2022. Average values remained above $4 million through 2024 before adjusting in 2025. Despite the recent change, the neighbourhood continues to trade well above its pre-pandemic levels and remains the highest-priced of Southeast Oakville’s three primary residential areas.
Average days on market increased only slightly, from 40 days in 2024 to 42 days in 2025. This reflects a more deliberate luxury market in which buyers took additional time to evaluate architectural quality, renovation requirements, lot value and the availability of comparable alternatives.
$2.76MAverage Sale Price
15 sales in 2025
$3.68MAverage Sale Price
28 sales in 2025
$4.04MAverage Sale Price
16 sales in 2025
Four-bedroom homes represented nearly half of all Morrison sales in 2025 and formed the largest segment of the market. The most visible year-over-year price adjustment occurred within this category, while the average for homes with five or more bedrooms remained relatively close to its 2024 level.
Morrison offers a quiet and private residential lifestyle while remaining close to many of Oakville’s most important amenities. Mature trees, larger properties and low-traffic streets give the neighbourhood a sense of space that is increasingly difficult to find within the Greater Toronto Area.
Residents are close to the Lake Ontario shoreline, Gairloch Gardens and the waterfront parks and trails found throughout Southeast Oakville. The neighbourhood’s southern streets provide particularly convenient access to Lakeshore Road East and the lake, while the northern portion remains well connected to Cornwall Road, Oakville GO and the QEW.
Downtown Oakville is only a short drive away, offering restaurants, cafés, boutiques, cultural amenities and the harbour. Everyday shopping and services are also available along Cornwall Road and at nearby Maple Grove Village.
The combination of privacy, established schools, access to the lake and proximity to Downtown Oakville makes Morrison particularly attractive to families seeking a long-term residence rather than simply a larger home.
A landscaped lakeside park with walking paths, gardens, Lake Ontario views and access to Oakville Galleries.
The neighbourhood’s southern location provides convenient access to Oakville’s shoreline, waterfront parks and scenic walking routes.
Restaurants, boutiques, cafés, community events and Oakville Harbour are located only minutes west of the neighbourhood.
A modern community facility offering aquatic, fitness, recreational and multi-purpose programming close to Morrison.
A nearby open-air shopping centre providing groceries, restaurants, pharmacy services and everyday conveniences.
Residents have convenient connections to Toronto, Mississauga and the broader Greater Toronto Area.
Access to established schools is one of the strongest reasons families consider Morrison real estate. School boundaries and available programs can vary by property and may change over time, so buyers should confirm eligibility directly with the appropriate school board before purchasing a home.
Morrison forms the central luxury residential area within Southeast Oakville. While it is best known for larger lots, custom estates and waterfront properties, neighbouring Old Oakville and the Ford neighbourhood offer distinct alternatives for buyers considering this part of town.
Explore the complete guide to Southeast Oakville real estate, including Morrison, Old Oakville and the Ford neighbourhood.
Discover historic homes, custom residences, luxury condominiums and walkable living near Downtown Oakville and the harbour.
The Ford neighbourhood offers a broad selection of original, renovated and custom family homes, often at a more accessible price point.
Yes. Morrison consistently ranks among Oakville’s highest-value residential neighbourhoods because of its large lots, custom estate homes, mature setting, established schools and limited collection of waterfront properties.
Morrison includes original bungalows, side-splits, traditional two-storey homes, extensively renovated residences, newer custom builds, estate properties and a limited number of direct-waterfront homes.
The average sale price for a detached home in Morrison was approximately $3.54 million in 2025. Individual values vary substantially according to the lot, street, condition, architecture, finished living space and proximity to Lake Ontario.
In 2025, homes with three bedrooms or fewer averaged approximately $2.76 million, four-bedroom homes averaged approximately $3.68 million and homes with five or more bedrooms averaged approximately $4.04 million. These figures are broad benchmarks and do not account for lot size, condition or waterfront exposure.
Morrison generally offers the highest concentration of large lots and estate-scale residences. Old Oakville provides greater walkability, historic character and access to the downtown core, while the Ford neighbourhood offers a broader mix of family homes and generally more accessible pricing.
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3,551 people live in Morrison, where the median age is 44 and the average individual income is $266,143. Data provided by Statistics Canada.
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Morrison has 1,145 households, with an average household size of 3. Data provided by Statistics Canada. Here’s what the people living in Morrison do for work — and how long it takes them to get there. Data provided by Statistics Canada. 3,551 people call Morrison home. The population density is 2 and the largest age group is Data provided by Statistics Canada.
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