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Townhouse for Rent in Oakville
70 days on market- MLS Number
- W12984366
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 70
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Beautiful, Move-In ready home in highly desirable and highly rated school zone in River Oaks! Offering over 3,000+ sq. ft. of finished living space, this spacious 3+1 bedroom, 4-bath home (including 3 full baths) is perfect for families seeking comfort, style, and convenience.The main floor features bright dining and living rooms with hardwood floors, a double-height ceiling, and a stunning double-sided natural stone fireplace overlooking the private backyard. The upgraded kitchen includes a large island, granite counters, and stainless steel appliances.Smart home features such as a Nest thermostat and smart light switches allow for convenient voice control through Alexa or Google Home.The sun-filled primary bedroom on the third floor offers a private balcony, skylight, large closet, and a spacious ensuite with a Jacuzzi tub and separate shower. The second floor includes a laundry room, full bathroom, and two generous bedrooms-one with its own fireplace.The finished basement adds even more versatility with a bedroom, office, and rec room. A detached 2-car garage with storage and a backyard with interlocking stone complete this impressive home.Located in a prime River Oaks location-quiet yet close to top-rated schools, Oakville GO, shopping, gyms, parks, and more-this home is ideal for those working from home or commuting to Toronto.
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.
40 CHESTER Street, 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
Competitive Rent
At $3,700/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in Oakville. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Negotiation Opportunity
At 70 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oakville have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oakville. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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.