$13,000/mo - 111 Forsythe Street Unit 1101, Oakville
Condo for Rent in Oakville
64 days on market- MLS Number
- W12982856
- Property Type
- Condo
- Status
- active
- Days on Site
- 64
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,750 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Penthouse living with breathtaking lake and river views from every principal room. This beautifully designed 2,830 sq ft residence, professionally decorated by Brian Gluckstein, offers a seamless blend of luxury and comfort. Expansive living and dining areas feature hardwood floors, a gas fireplace, and a walkout to a private balcony. The Downsview kitchen is equipped with premium Miele, Sub-Zero, and Wolf appliances, including a gas cooktop and a wine fridge, and features an eat-in area opening to a second balcony with upgraded decking. A fully integrated Savant system with Lutron lighting and automated shades enhances everyday living. The thoughtfully redesigned layout features a stunning primary suite with lake and river views, a private balcony, an expansive dressing room, in-suite laundry, and a five-piece ensuite with heated floors. The second bedroom is privately positioned with lake views and its own three-piece bath. Additional features include a dedicated office with built-ins, a separate den, EV-ready parking, a storage locker, and the option to be offered furnished or unfurnished. A rare opportunity to lease a truly exceptional waterfront penthouse.
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
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.
111 Forsythe Street Unit 1101, Oakville
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $13,000/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Oakville. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 64 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.