$3,200/mo - 50 Old Mill Road Unit 509, Oakville
Condo for Rent in Oakville
103 days on market- MLS Number
- W12852222
- Property Type
- Condo
- Status
- active
- Days on Site
- 103
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Welcome to this sun-drenched corner unit in prestigious Old Oakville, offering 1,003 SF of bright, functional living space with scenic views of 16 Mile Creek from the windows and private balcony. This spacious 2-bedroom, 2-bathroom suite features a well-designed layout with large principal rooms and an expansive open-concept living and dining area filled with natural light.The bright kitchen offers stainless steel appliances, ample cabinetry, and a large window, creating a comfortable space for everyday cooking. The kitchen is also being refreshed with a new faucet, updated plumbing, and new lighting, enhancing both functionality and style.The generous living area provides ample room for relaxing and entertaining while enjoying peaceful views. The primary bedroom includes a walk-in closet and a private bathroom. The second bedroom offers great flexibility for guests, a home office, or additional living space and will feature new blinds for added comfort and privacy. Additional conveniences include in-suite laundry, laminate flooring throughout the main living areas, practical storage, and recent plumbing maintenance. Residents enjoy 1 underground parking space, a storage locker, and access to building amenities including a sauna, gym, and indoor pool. Perfectly located in South Oakville, just walking distance to the GO Station and minutes from the QEW, Downtown Oakville, Oakville Place, parks, and trails along 16 Mile Creek. Ideal for commuters and those seeking a convenient lifestyle close to transit, shopping, and nature.
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.
50 Old Mill Road Unit 509, 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
Fairly Priced Rental
At $3,200/mo, this is in line with typical 2-bedroom rents in Oakville (~$2,900/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Negotiation Opportunity
At 103 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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.