111 Forsythe Street Unit 1003, Oakville

Price: $1,999,999

2 bedrooms, 2 bathrooms

1,200 sq ft

Property Type: Condo

MLS#: W12434333

Breathtaking Lower Penthouse with 2 side-by-side parking spaces equipped with EV charging & oversized locker. Custom upgrades throughout with soaring ceilings & open layout. Downsview kitchen with Wolf/Sub-Zero appliances. Primary suite offers walk-in closet & spa-like ensuite with heated floors. Private den with custom Murphy bed, currently used as 2nd bedroom. Spacious dining area opens to balcony with stunning water views. Luxury living at the downtown waterfront.

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$1,999,999 - 111 Forsythe Street Unit 1003, Oakville

Condo for Sale in Oakville

32 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12434333
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

Breathtaking Lower Penthouse with 2 side-by-side parking spaces equipped with EV charging & oversized locker. Custom upgrades throughout with soaring ceilings & open layout. Downsview kitchen with Wolf/Sub-Zero appliances. Primary suite offers walk-in closet & spa-like ensuite with heated floors. Private den with custom Murphy bed, currently used as 2nd bedroom. Spacious dining area opens to balcony with stunning water views. Luxury living at the downtown waterfront.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,846.67/mo

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5-yr fixed avg.

Principal: $1,599,999Interest: $1,054,002
Mortgage Amount$1,599,999
Total Interest$1,054,002
Est. Property Tax$1,417/mo
Total Cost$2,654,001

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oakville

Discover Oakville

Oakville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oakville

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oakville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

111 Forsythe Street Unit 1003, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
-0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow-$94

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1667/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

Investment Perspective

Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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