Why Live in Petrolia, Ontario

Petrolia, often called “Canada’s Victorian Oil Town,” is a charming small town in Southwestern Ontario known for its rich history, friendly community, and relaxed lifestyle. Surrounded by farmland and close to the shores of Lake Huron, Petrolia is ideal for families, retirees, and anyone looking for a slower pace of life while still having essential services nearby.

The real estate market in Petrolia is very affordable compared to larger Ontario cities. Buyers and renters can find detached homes on spacious lots, semi-detached homes in quiet neighborhoods, low-maintenance condo homes, and other residential properties. Whether you’re searching for a 1+ bedroom condo rental, a 3+ bedroom semi-detached resale, or a 4–5 bedroom detached home for your family, Petrolia offers a variety of housing options.

In terms of prices, Petrolia is one of the most budget-friendly markets in Southwestern Ontario. Many homes for sale under $500k are available, with smaller detached and semi-detached homes often listed between $300k–$450k. Larger detached homes and townhomes are commonly priced under $700k, while very few homes exceed $1M. Rental prices are also reasonable compared to nearby urban centers, with apartments starting around $1,100/month and detached rentals averaging $1,500–$2,000/month.

Residents of Petrolia enjoy a high quality of life with access to local parks, community events, and recreational facilities. The town also has schools, healthcare services, grocery stores, and restaurants, making daily life convenient while still offering a quiet, small-town atmosphere.

Frequently Asked Questions

Is Petrolia a good place to live?
Yes, Petrolia is a great place to live if you value affordability, community charm, and a slower pace of life. Housing costs are significantly below the provincial average, making it appealing for first-time buyers, retirees, and families seeking value.

How much do you need to make to afford a home in Petrolia?
The median resale home price in Petrolia is around $350,000 (2025). With a 20% down payment, a household would need an income of about $70,000/year to qualify. Rental housing is also affordable, with most homes renting between $1,100–$2,000/month, depending on size and location.

What types of homes are available in Petrolia?
Petrolia offers a variety of home types, including:

Detached homes with spacious yards.
Semi-detached homes in residential neighborhoods.
Low-maintenance condo homes.
Townhomes at affordable prices.
Other properties, including bungalows and historic houses.

What are the most popular postal codes in Petrolia?
The main postal code for Petrolia is N0N, which covers the town and surrounding areas.

What neighborhoods are near Petrolia?
Nearby communities include Sarnia, Forest, Corunna, and Oil Springs, offering additional housing and amenities.

Are home prices changing in Petrolia?
Home prices in Petrolia have remained stable, with a slight 3% increase year-over-year. Despite this, it continues to be one of the most affordable housing markets in Southwestern Ontario.