$429,900

For saleJust listed

#308 1480 BISHOPS Gate, Oakville - Single Family for Sale

#308 1480 BISHOPS Gate, Oakville, Ontario, L6M4N4

2 beds1 bath1 parking723 ft²$570/mo condo feeListed Today

Overview

This 2-bedroom, 1-bathroom condo in Oakville is for sale offering roughly 723 sq ft of space. Listed at $429,900, it is attractively priced about 28% below the $599,999 median asking price in Oakville. It has been on the market 0 days, fresher than the Oakville average of 56 days.

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Description

Welcome to Abbey Oaks! This beautifully maintained 1-bedroom plus den condo offers 723 sq. ft. of bright, open-concept living in Oakville's desirable Glen Abbey community. Featuring modern flooring, an updated kitchen with white cabinetry, stainless steel appliances, stylish backsplash, and breakfast bar overlooking the living and dining area. The spacious bedroom offers ample closet space, while the versatile den is ideal for a home office or guest space. Additional highlights include an updated 4-piece bathroom, convenient in-suite laundry, owned parking space, and owned locker. Ideally located close to parks, trails, shopping, restaurants, Bronte GO Station, and major highways. A fantastic opportunity for first-time buyers, downsizers, or investors seeking stylish, low-maintenance living! (id:66096)

Property Details

MLS®: 40875293
Property Type: Single Family
Zoning: RH
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 723 ft²
Year Built: 2003
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $570/mo
Ownership: Condo/Strata
Property Tax

Rooms

Main level

4pc Bathroom
Den: 8'3'' x 8'4''
Bedroom: 10'4'' x 12'7''
Kitchen: 8'10'' x 8'4''
Living room/Dining room: 13'9'' x 18'6''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Exterior: Stucco
Lot Features: Southern exposure, 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

$595

List price

$430K

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 0 days, which is 56 days fresher than the city average of 56. Act while there is still low competition.

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Listed by Royal LePage Burloak Real Estate Services · Rick Jensen

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6M)

This home lists at $429,900, about 3.0× the local median household income of $143,000.

Carrying it typically needs a household income of about $83,975 (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)

$429,900· $595/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,495

Min 5%50%

Mortgage payment$2,264/mo

↳ CMHC premium ($16,336 capitalized)

Property tax (est.)$174/mo

Condo fee$570/mo

Total monthly$3,008

Cash Needed to Close

Down payment (5%)$21,495

Land transfer tax$5,073

Est. closing costs$3,790

Total cash needed$30,358

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