$7,800/mo - 1316 Cambridge Drive, Oakville
Detached for Rent in Oakville
New — Listed 2 days ago- MLS Number
- W13415412
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Set on a premium 102 x 154 ft lot just steps from Gairloch Gardens and Lake Ontario, this elegant Colonial residence offers over 5,000 sq. ft. of finished living space across three levels in one of South East Oakville's most desirable neighbourhoods.A stately columned façade and interlock driveway create a welcoming first impression. The expansive main floor features multiple living and entertaining spaces, including a formal living room with marble-surround fireplace and built-in cabinetry, a spacious family room with wood-burning fireplace, a front-facing study, and a generous dining room. The chef's kitchen is equipped with granite countertops, a centre island with prep sink, custom cabinetry, professional-grade cooktop, skylight, and sliding doors leading to the rear terrace.A large laundry/mudroom with exterior access and a powder room complete the main level. The dedicated indoor pool wing, filled with natural light from multiple skylights, provides a unique space for year-round enjoyment. The second floor offers four bedrooms, including a primary suite with private ensuite bathroom, plus three additional bedrooms served by a full bathroom.The finished lower level provides exceptional flexibility with a home theatre, large recreation room, den, oversized bedroom with fireplace, and a three-piece bathroom-ideal for guests, extended family, a nanny suite, or additional living space.Outside, the private backyard features a large terrace, expansive lawn, and mature trees, creating a peaceful setting for relaxation and outdoor entertaining.Located within walking distance to the waterfront trail, Gairloch Gardens, and Lake Ontario, and within the catchment area for top-ranked Oakville Trafalgar High School. Conveniently close to Appleby College, shopping, parks, and major commuter routes.A rare leasing opportunity in the heart of South East 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
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.
1316 Cambridge Drive, Oakville
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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 $7,800/mo, this is asking above the typical 4-bedroom rent of ~$4,200/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Oakville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oakville.
Bathroom Count Matters
With 5 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.