Alex Karczewski, Broker · New World 2000 Realty Inc.

Rendering of Berkshire Residences
Completed 2024Condo

Berkshire Residences

123 Maurice Drive, Oakville

Not rent controlled

Your rent at Berkshire Residences is not capped. The building's first tenants moved in Sep 2024, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.

First occupancySep 2024
Storeys4
Units55
Suite sizes1,500–2,099 sq ft
DeveloperRise Developments

The building

The building

Berkshire Residences is a boutique, four-storey condominium of 55 suites by Rise Developments, set at 123 Maurice Drive in Oakville. The building is complete, with estimated occupancy in September 2024.

Amenities

Amenities

Oakville pairs a walkable, lakeside character with the full range of everyday conveniences, and Berkshire Residences sits within an established part of the community in Halton Region. Residents have access to the shops, restaurants, and services that make Oakville one of the GTA's most sought-after towns, along with nearby parks and Lake Ontario waterfront trails.

Rent control

Your rent here is not capped

Your rent at Berkshire Residences is not capped. The building's first tenants moved in Sep 2024, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.

The rule: Ontario's annual rent increase guideline (2.5% for 2026) does not apply to a unit first lived in after November 15, 2018 (Residential Tenancies Act, s. 6.1). In every building, your landlord must give you 90 days' written notice on the official form and can raise the rent at most once every 12 months. The date that counts is your unit's, so ask the landlord to confirm it before you sign.

Short answer

Getting around

Getting around

Oakville is well connected for commuters. The town is served by Oakville and Bronte GO stations on the Lakeshore West line, offering regional rail toward Toronto and Hamilton, while local Oakville Transit buses cover the wider community. Drivers have quick access to the QEW and Highway 403, with Highway 407 to the north for east-west travel across the region.

Who built it

Rise Developments

Rise Developments is the builder behind Berkshire Residences. The company focuses on residential projects in the Greater Toronto Area, and this boutique Oakville condominium reflects an emphasis on smaller-scale, low-rise living.

Questions

Questions

Can my rent at Berkshire Residences go up by any amount?
Your rent at Berkshire Residences is not capped. The building's first tenants moved in Sep 2024, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
When did the first tenants move into Berkshire Residences?
The builder's first move-in date for Berkshire Residences is Sep 2024. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.
Who built Berkshire Residences?
Rise Developments built Berkshire Residences at 123 Maurice Drive, Oakville.
Can I find a unit at Berkshire Residences on this site?
Nothing is listed at Berkshire Residences right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.
What type of homes are available?
Berkshire Residences is a low-rise condominium of 55 suites in a four-storey building. Homes range from roughly 1,500 to 2,099 square feet, making them larger than a typical condo unit.
Where is Berkshire Residences located?
The building is at 123 Maurice Drive in Oakville, Ontario, within Halton Region and the Greater Toronto Area.
When is occupancy at Berkshire Residences?
Estimated occupancy is September 2024, and construction of the building is complete. Confirm exact move-in timing with the builder.