48 Forsythe Street, Oakville

$2,438,000
48 Forsythe Street

$2,438,000

New
16d
Detached3-Storey

48 Forsythe Street, Oakville

Total Monthly Obligation $11,127

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
16d
Score
14
Yield
2.8%
Cash on Cash
-10.9%
Cap Rate
2.2%
5Y IRR
7.1%
10Y IRR
8.0%
Property Type-Detached
MLS® Number-W13871420
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-72.97 × 49.77 ft
Listed on site-Oct 7, 2026
Style-3-Storey
Building Type-Detached
Age-16-30
Taxes-$11,017 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1002 - CO Central
Title-Residential Freehold

No agent assigned

Welcome to an exceptional custom residence in the heart of Downtown Oakville, where timeless character meets beautifully updated modern living. Thoughtfully renovated throughout, this 4-bedroom, 4-bathroom home offers a bright, sophisticated layout designed for both everyday living and effortless entertaining. Step inside to an impressive open-concept main level filled with natural light, featuring hardwood flooring, designer lighting, and spacious living and dining areas. At the heart of the home, the gourmet eat-in kitchen makes a statement with quartz countertops, custom cabinetry, high-end stainless steel appliances, and an oversized centre island made for gathering. Upstairs, the primary suite offers a peaceful retreat with custom built-in cabinetry and a spa-inspired ensuite featuring a glass walk-in shower, freestanding tub, and double vanity. Two additional bedrooms share a beautifully appointed 4-piece bathroom. Continue to the top floor where an expansive, light-filled loft offers incredible flexibility as a fourth bedroom, home office, lounge, or studio, complete with ensuite bathroom potential. A generous mudroom landing provides direct garage access and additional storage. The fully finished lower level adds even more living space with oversized above-grade windows and a stunning 3-piece bathroom with steam shower. Outside, multiple walkouts lead to a private, maintenance-free backyard oasis designed for relaxing and entertaining. Extensive improvements include renovated bathrooms and laundry (2018), flooring updates (2018/2019/2025), basement window wells (2024), freezer (2024), and new roof, windows, and garage door (2025). Just steps from the lake, Oakville Harbour, Downtown boutiques, restaurants, parks, and highly regarded schools, this turnkey home offers an exceptional lifestyle in one of Oakville's most coveted neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,950,400
Land Transfer Taxes$47,425
Legal Fees (Est.)
$
Total cash required for closing$536,525

Total Monthly Obligation

$11,127/mo
Mortgage $9,834
Monthly Loss $8,539
Principal$2,588
Interest$7,246
Property Tax$918
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.6%0
5-Year IRR
4.9%11
10-Year IRR
6.6%
Returns Index
6.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$69,384/yr
NOI
$46,929/yr
Net Cash Flow
-$5,924/mo
Cash Margin
-102.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo15
Risk Index
12.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 48 Forsythe Street

Time

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Data last updated within the past 24 hours.