The Condo Bar Real Estate

Neighbourhood · Oakville, Ontario

Morrison Homes for Sale & Real Estate

As of October 2026, Morrison, Oakville has 53 active properties for sale with a median list price of $4.0M, averaging 57 days on market. With 9.4 months of inventory at the recent three-month sales pace, this is currently a buyer's market.

Listings updated Oct 14, 7:02 PM EDT

Morrison is a lakeside neighbourhood in south-east Oakville, east of downtown, known for detached homes on large, heavily treed lots. Listings here are almost entirely detached houses, from mid-century homes to new custom builds, on streets such as Cairncroft Road, Duncan Road and Morrison Road. The listings below cover every property type.

53 listings for sale in Morrison

Current listings in Morrison, Oakville include 53 Detached from $1.6M–$24M.

Living in Morrison

Oakville, ON — Oakville's "Millionaires Row," estate homes along the Lakeshore Road waterfront

What kind of homes are for sale in Morrison?

Morrison is one of Oakville's estate neighbourhoods. Lots are generous, often well over a typical suburban size, and the tree canopy is mature. The original housing is largely mid-century, and many of those houses have been renovated or replaced with large custom homes, so the same street can hold both. Attached housing is very rare; 10 Maple Grove Drive, a small townhouse building from 2019, is one of the few exceptions. For a condo nearby, look at the low-rise buildings in Old Oakville. Search Oakville's houses with Oakville homes for sale.

What is it like to live in Morrison?

Morrison is quiet, private and close to the lake. Gairloch Gardens, a lakefront park with public gardens and a gallery run by Oakville Galleries, is in the neighbourhood, and downtown Oakville's shops, restaurants and harbour are a short drive or bike ride west. Several of Oakville's well-known private schools are in or near south-east Oakville, and public schools come under the Halton District School Board and the Halton Catholic District School Board; confirm the assigned school for any address. Oakville GO is a short drive away, and the QEW is to the north.

Can you build or renovate in Morrison?

Many buyers purchase in Morrison to renovate or rebuild, and it's usually possible, but plan for the rules. Oakville's zoning limits how large a new house can be relative to its lot, many rebuilds need minor variances from the Committee of Adjustment, and the Town's tree protection by-law can require permits to remove or work near large trees. Lots near the lake or creek valleys may fall within Conservation Halton's regulated area. Before you buy a property to rebuild, confirm the zoning, look at recent variance decisions on nearby streets, and have an architect assess what the lot allows.

How does Morrison compare with nearby neighbourhoods?

Old Oakville, to the west, is more walkable, with heritage districts and downtown at your door. Ford, to the east, has similar large lots and detached homes near the Mississauga border. Joshua Creek, north of the QEW, has newer executive homes on smaller lots. Morrison's strengths are its lot sizes, trees and privacy close to the lake and downtown.

How do I buy or sell in Morrison?

Morrison prices vary enormously between original homes and new custom builds, so averages can mislead. The Morrison market report tracks monthly sold prices and inventory, but compare specific homes by lot size, frontage and condition. If you're selling, our home evaluation gives a comparable-sales estimate, and land value often matters as much as the house. Oakville buyers pay Ontario's land transfer tax only; our land transfer tax calculator gives the figure. I'm a Realtor® who works across Oakville, and I'm glad to go through listings and lots with you, no pressure.

School catchments, programs and transit schedules change — verify them for Morrison before you buy.

Morrison by the numbers

properties for sale in Morrison vs Oakville

In Morrison, the median asking price for properties is $4M, 176% higher than Oakville ($1.4M).

In Morrison, listings have been on the market for an average of 57 days, longer than Oakville (49).

In Morrison, there are 9.4 months of inventory at the recent sales pace, more than Oakville (5.0).

MetricMorrisonOakville
Median Asking Price$4M$1.4M
Avg. Days on Market5749
Months of Inventory9.45.0

Morrison Real Estate Market

As of October 2026, Morrison, Oakville has 53 active detached homes for sale with a median list price of $4.0M, averaging 57 days on market. With 9.9 months of inventory at the recent three-month sales pace, this is currently a buyer's market.

Buyer's market

9.9 months of inventory

How we call the market

With 9.9 months of inventory at the recent three-month sales pace, this is currently a buyer's market. From July to September 2026, 16 detached homes sold, 17 sellers took their home off the market without relisting and 24 came back at a lower price — a 48% sell-through. Over July to September 2026, homes sold for a median 89.6% of their first asking price, and the median sold price per square foot was down 4.2% from the same months a year earlier.

What we measure, over the last three full months

  • Months of inventory: homes for sale today, divided by the average number sold per month. Fewer months means less choice for buyers.
  • Sell-through: of the sellers whose listing ended, the share who actually sold. A seller who takes their home off the market and doesn’t list it again within 60 days counts as not selling. A home that comes off and goes back on (often a day later, at a lower price) counts as a price cut, not a seller giving up.
  • Sold vs. first asking price: what homes sold for, compared with the price they were first listed at. We follow a home back through any relists, because a relist starts a new MLS® listing and hides the earlier, higher price.
  • Price trend: the median sold price per square foot, compared with the same three months a year earlier.

How the call is made

  • Seller’s market: under 3 months of inventory, at least 70% sell-through, and homes selling for 98% or more of their first asking price or prices up from a year ago.
  • Buyer’s market: over 6 months of inventory, or under 50% sell-through (more sellers giving up than selling).
  • Balanced market: everything in between, including low inventory where sellers are cutting prices, relisting or pulling their homes.

Based on MLS® listings from TRREB. Area totals only. We don’t show a call when fewer than 10 homes sold in those three months. Relists are matched by address, so a home relisted under a differently written address counts as taken off the market. Private sales and listings not on MLS® aren’t included. This is a general guide to the area, not an appraisal or advice about a specific home.

Based on properties for sale & sold — rentals not included. Figures are a monthly rollup covering October 1–14, 2026 (month to date), refreshed with each MLS® sync — shown as of October 14, 2026.

Property Type

Bedrooms

Active Listings

53

Number of homes currently for sale in this area.

Median List Price

$4M

The middle asking price among active listings -- half are listed higher, half lower.

Median $ / Sqft

$1.2K

Median list price divided by square footage, for comparing across different unit sizes.

Avg. Days on Market

57

Average number of days active listings have been on the market.

Morrison, Oakville market statistics, current as of October 14, 2026
MetricCurrent
Active listings53
Median asking price$4M
Average days on market57
Months of inventory9.9 mo
Sales in October 2026 (month to date)3
Sale-to-list ratio95%
YoY median sold-price change-3.8%

Price trend

Median asking price against median sold price, by month.

YoY Median Sold-Price Change

-3.8%

Median sold price this period compared to the same month last year.

Median List Price
Median Sold Price
$1.6M$2.7M$3.8M$5M$6.1MOct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26$4M$2.5M

What actually sold

5 detached homes sold in Morrison, Oakville in September 2026 at a median of $2.7M. Sales closed at an average of 94% of asking price.

Closed sales — the figures above describe homes still on the market.

Median Sold Price

$2.5M

The middle sold price among closed sales this period -- half sold for more, half for less.

Sold $ / Sqft

$916

Median sold price divided by square footage, for comparing across different unit sizes.

Months of Inventory

9.9 mo

How long it would take to sell all current listings at the recent sales pace. Lower favors sellers, higher favors buyers.

Sales-to-New Ratio

43%

Homes sold this period as a share of new listings -- a higher ratio signals stronger demand.

Sale-to-List Ratio

95%

Average sold price as a percentage of asking price. Above 100% means homes are selling over asking.

Based on a small number of sales (3) — figures may not reflect the broader market.

Free account. Sold prices are for registered members.

3 sold in October 2026 (month to date) · median $2.5M · 95% of asking (based on a small number of sales — 3)

See the address, photos and exact sale price for every recent transaction, free with a registered account.

Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.

Read the full Morrison real estate market report →

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Morrison Condo Buildings

Explore condos for sale in Morrison, Oakville. Browse building-level listings, pricing, amenities, suite sizes and market data for individual buildings in this neighbourhood.

Morrison FAQ

Where is Morrison in Oakville?

Morrison is in south-east Oakville, east of downtown and south of the QEW, near the lake.

What kind of homes are in Morrison?

Almost entirely detached houses on large, treed lots, from mid-century originals to new custom homes. Attached housing is very rare.

What is Gairloch Gardens?

Gairloch Gardens is a lakefront park in Morrison with public gardens and a gallery run by Oakville Galleries.

Can I build a new house in Morrison?

Often, yes, but Oakville’s zoning limits house size relative to the lot, many rebuilds need minor variances, and large trees are protected. Confirm what the lot allows before you buy.

How much do homes cost in Morrison?

Prices vary widely between original homes and new custom builds. The Morrison market report on this site shows current sold prices, updated monthly.

Should I buy in Morrison or Old Oakville?

Morrison offers larger, quieter lots; Old Oakville offers heritage character and walkability to downtown. Get in touch and I’ll compare specific homes, no pressure.

Miko Nalepa

Miko Nalepa

Realtor® at The Condo Bar Real Estate · RECO #4737024

With 15+ years in real estate and a GTA West focus since 2016, Miko Nalepa is a Realtor® with Right At Home Realty, Brokerage, specializing in condos, townhouses, and detached homes across Mississauga, Oakville, Burlington, and Milton. The focus stays deliberately narrow -- four cities, not a Toronto-wide practice -- because that's what it takes to know individual buildings and blocks, not just neighbourhood names.

Miko Nalepa is also the creator of The Condo Bar, the data platform behind this site, tracking building-level sales history and live market reports across 450+ GTA West condo buildings so every recommendation starts with what comparable units actually closed for, not asking price.

Schools in Morrison

Public, Catholic and French-language schools located in Morrison. Your local school depends on your exact address, so check the board’s school finder before you buy.

All Oakville schools →

School details come from the Ontario Ministry of Education and the school boards, and may change. Boundaries, programs and grades are set by each board and can change from year to year, so confirm with the board before you buy.