$419,900

For saleJust listed

#206 1470 BISHOPS GATE, Oakville - Single Family for Sale

#206 1470 BISHOPS GATE, Oakville, Ontario, L6M4N2

2 beds1 bath1 parking711 ft²$535/mo condo feeListed 5 days ago

Overview

This 2-bedroom, 1-bathroom condo in Oakville is for sale offering roughly 711 sq ft of space. Listed at $419,900, it is attractively priced about 31% below the $610,000 median asking price in Oakville. It has been on the market 5 days, fresher than the Oakville average of 56 days.

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Description

Welcome to desirable Glen Abbey! This beautifully refreshed 1-bedroom + den condo offers the perfect blend of comfort and convenience in one of Oakville's most sought-after communities. Freshly painted throughout with brand-new vinyl flooring, this move-in-ready suite features a bright, open-concept layout and a versatile den that's perfect for a home office, reading nook, or guest space. The kitchen is complete with brand-new stainless steel appliances, and brand-new washer and dryer, making everyday living effortless. Enjoy low-maintenance condo living just minutes from top-rated schools, parks, trails, shopping, restaurants, transit, and easy access to major highways. An excellent opportunity for first-time buyers, downsizers, or investors looking to own in prestigious Glen Abbey. (id:66096)

Property Details

MLS®: 40875152
Property Type: Single Family
Zoning: 370
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 711 ft²
Year Built: 2004
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $535/mo
Ownership: Condo/Strata
Property Tax

Rooms

Main level

4pc Bathroom: 5'0'' x 8'0''
Den: 7'9'' x 8'3''
Primary Bedroom: 1'6'' x 10'3''
Kitchen: 8'8'' x 8'5''
Living room: 12'8'' x 15'7''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Exterior: Stone, Stucco
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Oakville listings, avg age

56d

Price / ft²

$591

List price

$420K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Oakville has been listed for 5 days, which is 51 days fresher than the city average of 56. Act while there is still low competition.

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Listed by Keller Williams Edge Realty · Lydia Lemus

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6M)

This home lists at $419,900, about 2.9× the local median household income of $143,000.

Carrying it typically needs a household income of about $82,021 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $143,000
Population: 72,547
Median age: 39.6
Owner / renter: 82% / 18%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L6M)

$419,900· $591/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,995

Min 5%50%

Mortgage payment$2,212/mo

↳ CMHC premium ($15,956 capitalized)

Property tax (est.)$177/mo

Condo fee$535/mo

Total monthly$2,924

Cash Needed to Close

Down payment (5%)$20,995

Land transfer tax$4,873

Est. closing costs$3,760

Total cash needed$29,628

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