48 Forsythe Street, Oakville, ON
Central, Oakville · MLS® W13070324
About this home
Stunning Custom-Built Home in Prime Downtown Oakville Location! This fully renovated 4-bedroom, 4-bathroom home is nestled in the heart of desirable Downtown Oakville. Boasting an impressive open-concept layout, this residence combines timeless charm with modern luxury. The main level features a spacious living and dining area with hardwood floors, designer lighting, and large windows that flood the space with natural light. The gourmet eat-in kitchen is a chefs dream, showcasing high-end stainless steel appliances, quartz countertops, custom cabinetry, and a massive centre island perfect for entertaining. Upstairs, the primary suite offers a spa-like ensuite with a walk-in shower, freestanding tub and double vanity, along with ample closet space with custom built-in cabinetry . Two additional bedrooms provide comfort and privacy for family or guests and share a private four piece bathroom. The top floor features a massive loft space with large windows only limited by your imagination with a potential for a fourth bedroom with en suite bathroom. A large landing doubles as your mudroom with access to the garage and additional closet space. The spacious fully finished basement features oversized above ground windows and a gorgeous three-piece bathroom with steam shower. Extensive updates and renovations include: all bathrooms renovated (2018), laundry room renovated (2018), new flooring throughout (2018, 2019, 2025), new garage door (2025), new roof (2025), new windows (2025), new basement window wells (2024), and a new freezer (2024).Enjoy seamless indoor-outdoor living with walkouts to a private maintenance-free backyard oasis, ideal for summer gatherings or quiet relaxation. Steps to the lake, Oakville Harbor, boutique shops, fine dining, parks, and top-rated schools, this home offers the perfect blend of urban lifestyle and suburban tranquility. A rare turnkey opportunity in one of Oakville's most prestigious neighbourhoods move in and enjoy!
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- W13070324
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 72.97 × 49.77 ft
- Cross streets
- Lakeshore/Forsythe
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,017 / 2025
- Days on market
- 77
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Listed at $2,590,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.43M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2.85M
- Size difference −$442K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $2.36M
That comparable adjusts to $2.36M; the $2.49M estimate above is the median of all 17 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. Rebecca St. + Chisholm St. is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.49M, median of 17 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Primary suite: a key comfort and resale feature.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 4% below the area average of $985/sqft.
72 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Central, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Rebecca St. + Chisholm St., about 379 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Oakville.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,072,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,057
- Property tax
- $918
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,975
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,225
- Estimated closing costs
- $51,225
Plus your down payment of $518,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $663,418
- Principal paid down
- $263,870
- Interest paid
- $399,548
- Balance remaining
- $1,808,130
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.