$3,750/mo - 463 Terrace Way, Oakville
Townhouse for Rent in Oakville
New — Listed yesterdayNeighbourhood: 1016 - SH Sixteen Hollow
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- MLS Number
- W13810420
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- CENTURY 21 ROYALTORS REALTY INC.
Located In A Sought-After Oakville Neighbourhood, 463 Terrace Way Offers A Fantastic Rental Opportunity For Those Seeking A Spacious, Well-Maintained Home In A Convenient And Prestigious Location. Perfect For Families Or Professionals, This Property Combines Comfort, Style, And Accessibility. The Home Features An Open-Concept Floor Plan With Bright, Airy Living Spaces, Highlighted By Hardwood Floors And Large Windows That Bring In An Abundance Of Natural Light. The Modern Kitchen Is Equipped With Top-Of-The-Line Appliances, Ample Counter Space, And Custom Cabinetry, Ideal For Cooking And Entertaining. The Adjacent Family Room, Complete With A Cozy Fireplace, Provides A Perfect Space For Relaxation And Opens To The Backyard, Offering A Peaceful Retreat. Upstairs, You'll Find Generously Sized Bedrooms, Including A Master Suite With A Walk-In Closet And A Luxurious Ensuite Bathroom Featuring A Soaking Tub And Separate Glass Shower. The Other Bedrooms Offer Ample Space And Natural Light, Perfect For Family Members Or Guests. The Fully Finished Basement Adds Versatile Living Space That Can Be Used For A Home Office, Gym, Or Play Area. A One-Car Garage And Three Additional Driveway Parking Spaces Provide Plenty Of Parking Options For Residents And Guests. Situated Close To Oakville's Top-Rated Schools, Parks, And Recreational Facilities, This Property Also Offers Easy Access To Major Highways Such As The QEW And 403, Making Commuting Simple. With Oakville's Vibrant Downtown And Lake Ontario Nearby, This Rental Property Offers The Best In Both Comfort And Convenience. If You're Looking For A Spacious, Well-Located Home In Oakville, 463 Terrace Way Is The Perfect Place To Live.
Discover 1016 - SH Sixteen Hollow
1016 - SH Sixteen Hollow 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 1016 - SH Sixteen Hollow
- •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
1016 - SH Sixteen Hollow 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.
463 Terrace Way, 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 $3,750/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.
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.
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.