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Berkshire Residences – MOVE IN Fall 2022/From the $700’s

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4 storeys
Completion: 2022

Description

Introducing a distinctive address designed for a select few like you. The Berkshire Residences. A boutique luxury condominium with a limited collection of spacious suites, adorned with high quality features and finishes. Minutes from Lake Ontario and Downtown Oakville. Intimate, private, privileged – at The Berkshire, you’ll continue living the life you desire in the quaint South Oakville community you love.

Berkshire Residences is a new condo development by Rise Developments located at 123 Maurice Drive in Oakville. This boutique luxury condominium contains only 56 units featuring expansive outdoor balconies and private rooftop terraces up to 1,800sf.  starting from the $700’s. This 4-storey boutique property has a distinctive style and spacious units, making it an ideal place to set down roots. 

Right in the centre of things, and close to both the waterfront of Oakville, and the local GO Station, Berkshire is truly convenient, and is quickly becoming a hotly anticipated project in the area. 

For more information about this development, keep reading below! And don’t forget to register now with MyCondoPro to receive up-to-date information about the project as soon as it becomes available!

 

Berkshire Residences

Berkshire Residences Highlights:

  • All suites with grand balconies or private rooftop terraces
  • Short walk distance to Harbour Trail
  • Easy access to QEW
  • Short drive from Oakville GO Station
  • Public transportation option at doorstep
  • Many shops and retail nearby
  • Walk Score of 76 out of 100 and a Transit Score of 34 out of 100
  • Nearby parks include Waterworks Park, Shipyard Park and Shipyard Park – Light Houses – Old and New

Explore the waterfront. Stroll tree-lined streets. Dine at great restaurants. Meander through parks. Shop at charming boutiques. This is a place where you feel comfortable and welcome. A place to chart your own course.

The Berkshire

This Boutique luxury condominiums offer all suites with grand balconies or private rooftop terraces. The rooftop oasis is the perfect place for residents of The Berkshire to enjoy fresh air and outdoor living. This expansive outdoor terrace is perfect for all fresco dining, casual BBQs, or meeting friends for a drink with private cabanas, fireplace, comfortable seating, lush greenery and the zen water feature. A life of luxury and freedom is coming, just a stroll from Lake Ontario, at The Berkshire.

You’re savvy, sophisticated, worldly, with a taste for the good life. Introducing a distinctive address designed for a select few like you. The Berkshire Residences.

Berkshire

Top 5 Reasons to invest in Berkshire Residences

1.Location

Located at 123 Maurice Drive in Oakville, Berkshire Residences finds itself in the heart of Kerr Village, a shoreline neighbourhood of Oakville. Within just a few minutes walk, residents will be able to enjoy the lake at either Tannery Park, or Lakeside Park. In addition to this, a number of Oakville’s most visited attractions are very close by, from the Oakville Centre for the Performing Arts, to the Oakville Museum, Oakville Lighthouse, and even Sheridan College.

Oakville is an ideal place to raise a family, with countless family and child-focused community activities throughout the year in their many parks and recreation spaces. Children’s Festivals, Camps, and Special events run each year, focusing on diversity, inclusion, accessibility and support. 

Oakville is also known for its many parks and conservation areas. Lion’s Valley Park in particular, has become a destination in itself for it’s lovely greenery, hiking rails, rolling hills and creekside nature.

All along Lakeshore Road, residents will delight in the various neighbourhood amenities, from Trafalgar Park Community Centre, to the Fortinos Grocery Store essentially next door, and many other comforts, restaurants and services. Some popular restaurants and bars include Oakville Fish N Chips, Agabi Restaurant, Pasquale’s Trattoria, Kerr Street Cafe, and many more. 

Berkshire Residences are the perfect place for families as well, with a number of elementary and secondary schools nearby, like St. Thomas Aquinas Catholic Secondary just minutes down the street, and the Central Branch of Oakville Public Library just down the street as well. 

Residents may also be happy to learn how close Berkshire Residences are to a number of Oakville golf courses – clubs like Glen Abby Golf Club and Oakville Golf Club.

2.Amenities

Berkshire Residences will be a 4-storey boutique condo, and will offer a variety of suites to fit buyer’s lifestyles. With only 56 units in the building, each suite will be spacious, and open, and will feature spacious balconies and terraces ranging in spaces from 1,350 square feet to 1,830 square feet.

The building itself will sport a stylish contemporary style, with modern finishes and features. Ivory stone and dark red brick will make for a striking colour scheme to the street. Large, floor-to-ceiling windows will bring in natural light and connect residents to the community around them all year. Just minutes from your front step, residents will have access to Oakville’s many waterfront parks. 

Berkshire

A mixed-use building, Berkshire will feature 2,200 square feet of commercial space on the ground floor. These units will be leased to businesses, restaurants and services, further enriching the neighbourhood, and bringing a walkability to the ground level. 

Underground, residents will have access to 95 parking spaces, some set aside for residents and others for visitors.

In terms of shared indoor amenity space, Berkshire Residences boasts a total of 11,000 square feet of indoor amenity space, including a gym. These shared spaces will make hosting get-togethers, finding a space away to concentrate on work, or get some exercise easy. Currently, a full list of these amenities has yet to be released, so make sure to register now with MyCondoPro to receive amenity lists, floor-plans and more as soon as they become available. 

3.Transit Options

Berkshire

Oakville is an early stop on the many south-bound routes coming from Downtown Toronto. The Queen Elizabeth Way runs directly through Oakville on it’s way to Hamilton and the rest of the Niagara Region. Go Transit commuter rails and bus services operate within the city, providing a robust framework for commuters to get into the city, or to any one of the many other communities within the GTA. Two major stations, Bronte and Oakville are hubs for the city, and also connect residents to a local bus service – Oakville Transit, which runs over 20 different routes all year round.

Oakville’s closest neighbour, Mississauga is the home of Lester B. Pearson International Airport, and VIA rail runs trains through the city on it’s Windsor-Quebec corridor, both opening the city up to the entirety of North America, and the world. You can also use the MiWay transit system within Mississauga as an additional transit option within the metropolitan area of Mississauga, making connections to other transit infrastructure from there. 

For many residents who work in Toronto, transit is all about the commute. From Berkshire Residences, it’s just a short 30 minute drive right into the heart of the city. Meanwhile taking the GO train from Oakville GO Station is a mere 40 minute commute. This is an excellent location for buyers who may work in the big city, but are looking to live in a smaller, waterfront community with a quieter pace.

4.The Developer

RISE Developments is a new, eager developer in the GTA. Though new, the founders of RISE bring a great deal of experience to the table, with a combined 55 years of real estate, land acquisition, design, and investment knowledge. The group has partnered with some of the GTA’s most well-known and trusted developers including Mattamy, Tribute, Metropia, Sorbara, Daniels and more.

RISE currently has three hotly anticipated projects in Ontario. Amsterdam Urban Towns in Toronto, Society 145 Condos in Waterloo, and Berkshire Residences in Oakville. Each project being so different attests to this developers scope of knowledge and variety of ambition. 

RISE is committed to creating homes of the finest quality for you and your family. Buyers can feel confident knowing they are purchasing a home from a developer that focuses on stylish design, peak functionality, and the finer details that make a house a home. 

5.Investment Opportunities

Now is the perfect time to start looking at homes in Oakville. More and more people are flocking to the region as Toronto continues to expand. People are looking for an easily-accessible place to live that’s just outside of the downtown core, yet still a destination unto itself.

In 2016, the census found that Oakville’s population was 193,832 residents, and expected that the community would increase in size, likely to about 250K by 2031. This kind of growth actually surpasses Toronto with over a 6% increase. This means more and more development is inbound for the charming city, from condos, to master-planned communities and it means the return on investment opportunity is huge. 

The focus will continue to be on improving sustainability, and increasing density, meaning that projects will be built to last, and will therefore increase property values more quickly and efficiently than some other projects. The current price of pre-construction condos sits within the $400K range, which is relatively affordable, but also is expected to rise as Oakville continues to density.

With so many reasons to live in Oakville, it’s easy to see why the town is in such high demand, and as this population influx continues to play out, investors would be wise to get in on the action before it’s too late!

Property Features

  • ARCHITECT: Guthrie Muscovitch Architects
  • UNITS: 56
  • MAINTENANCE: $0.46/SF (hydro, water, gas metered separately)
  • PARKING & LOCKER: INCLUDED
  • DEPOSIT: $5,000 on signing ; Balance to 5% in 30 days ; 2.5% in 180, 300, 420, 540 days ; 5% on Occupancy
  • ESTIMATED COMPLETION: Fall 2022


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