IBNEWS OAKVILLE MANSION ON SALE FOR $11.5M LOUIE ROSELLA lrosella@metroland.com An Oakville home on sale for $11.5 mil- lion is on the top 10 list for most expensive homes in Ontario this month, according to real estate brokerage Zoocasa. The firm released its list this week anda home at 27 Park Ave., listed by RE/MAX Aboutowne Realty Corp., is among the most expensive. The listing states it is priced at $11,488,888. cording | fo the listing, “This home is inthe bacon of the Hamptons surrounded by towering trees, perennial gardens and inspiring lake views." It includes marble heated floors, "sky- high ceilings,” a wine cellar, bar, media room and is a short walk to town and the lake, according to Zoocasa, adding the RE/MAX Aboutowne Realty Corp. photo Oakville home for sale for $11,488,888. "modern masterpiece" includes nine bath- rooms. Ontario is one of Canada's most expen- sive provinces. According to the Canadian Real Estate Association (CREA), the benchmark price for a home in July was $920,000. The high benchmark price is in part due to the high demand for properties in some of Ontario's major real estate markets com- bined with the number of luxury proper- ties available across the province, Zoocasa said. OAKVILLE LISTED AS TOP LOCATION FOR BUSINESS INVESTMENT Oakville continues to be a prime loca- tion for business investment. For the fifth year in a row, Oakville has been named one of the best locations to in- vest in Canada by Site Selection Magazine. The international business publication covering corporate real estate and eco- nomic development released its "Canada's Best Locations” sti in its September 2028 edition, ranking among the top 20 renons 5 ti invest wn staff said Oakville continues to be celebrated as a top choice for site selection in the second quarter of 2024, and when complete it will feature a 407,000-square- foot battery plant, which will produce com- ponents for vehicles assembled on-site. Town staffsaid Oakville's Economic De- velopment Department continues to work with Mayor Rob Burton, chair of the Onta- rio Auto Mayors, to support the auto in- dustry and the transition to EV. News of the town's recognition was well received by the mayor. "Growing Oakville's economy is part of the work we do to pecome Canada's most livable town," said Bi "Itfeels great to be esonized by this in- ternationally known publication." The town's Director ot Economic oe opment, Rebekah Diet ville has so much to otter! for those mo ane looking to start or grow their busin: “Our economic eaevelopment ‘team is based ona healthy number of sulting in new company arrivals, facility expansions and improvements at existing companies and the creation of new jobs. Between April 2022 and March 2023, Oakville welcomed award-winning Candy- box Marketing, Xediton Pharmaceuticals Inc. and Blyth Brewing and Distilling. Also, Collins Aerospace, Canadian Hos- pital Specialties, PCL Construction Cana- fa Inc., Spark Power and Advantech Sup- ply Chain Solutions cxpanded, renovated or upgraded their facilities went on to point out that in April 2023, Ford Motor Company of Cana- da released details on its $1.8-billion invest- ent in the ‘ville Assembly Complex, outlining how it would retool and modern- into a high-volume hub for electric ve- hicle (EV) manufacturing in Canada. Ford plans to make the transformation here to help realize their poten- tial, and (succeed) i in our town," she said. ‘We provide services to new and exist- ing companies and work closely with the local business community to support growtl ian Bruns, the managing editor of Site Selection Magazine, said the huge commitment from Ford shows Oakville to be vehicle industry surge, bringing billions of dollars in investment to Onta- rio. "We also know how focused the Oakville team is on balancing ease of doing busi- ness with quality of life, both of which en- hance the environment for economic de- velopment success," iimeer Pre To read Site Selection Magazine's "Can- ada's Best Locations" a visit https:// shorturl.at/fvBO0l. Help You! DE RANGO PHARMACY INC. ¥ Patient Counselling ¥ Complete Diabetic Care ¥ Home Visits ¥ Consultations / Free RX Delivery HR) Anenckers ay Cath 7 ) domeyere, rwarzmman reece 14th - 25th Monday-Thursd 69 POULTRY SHEARS WD ay TRON PANS. & COCOTTES YA LF day 1 00 AIR Friday-S CLEAVERS CUSTOMER FAVOURITES m Sumy 11am-8pm THE INTERNATIONAL, Was, HALL SINGLE POTS a » wr STEAK KNIFE SETS Zwiune Zunes q wre SeeNONsT SBocwase set RRANSET MSRP $700 MSRP $300 f 2yunee J eau p escten fare MSRP $150 MSRP $67, ‘ZWILLING® ‘ZWILLING® i i Scie socks Sekt a“ ne 750 \ a dy Son FEATURING AN ASSORTMI Dis cal ears REFURBISHED ‘MSRP $300 STAUB 2PC CERAMIC Bowl SET MSRP $50 HENCKELS KNFE ENT OF \N 7 WITH LID MSRP $260 LU ZWILUNG' 8L STOCK POT ZWILLING® T.OLKETTLE MSRP $150 BALLARINI FE £202 ‘pl Jequiaydas ‘Aepsiny, | Jeaceg emlyeo | 21 woo‘uoyeyepisul