$1,899/mo - 555 Settlers Road Unit Bsmt, Oakville
Semi-Detached for Rent in Oakville
61 days on marketNeighbourhood: 1016 - SH Sixteen Hollow
- MLS Number
- W13097544
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 61
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
*See 3D Tour* Brand New, Never Lived In, 2 Bedroom Legal Basement Apartment Located In A Premium Quite Neighborhood Surrounded By Greenspaces. Separate Entrance From The Backyard. Laminate Floor and Pot Lights Throughout. Large Windows. Modern Kitchen With Stainless Steel Appliances, Quartz Counter Top and Backspalsh. Washroom With Quartz Vanity Top & Glass Standing Shower. Separate Laundry. Brand New Concrete Parking Space In Front Of the Front Porch and Side Walkway To The Basement To Be Completed By End Of May.
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.
555 Settlers Road Unit Bsmt, 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 $1,899/mo, this is priced below the typical 2-bedroom rent of ~$2,900/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 61 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.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
About 1016 - SH Sixteen Hollow
I know 1016 - SH Sixteen Hollow well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.