$468,800

For saleJust listed

#406 1480 Bishops Gate, Oakville (GA Glen Abbey) - Single Family for Sale

#406 1480 Bishops Gate, Oakville (GA Glen Abbey), Ontario, L6M4N4

2 beds1 bath1 parking750 ft²$570/mo condo feeListed 6 days ago

Overview

This 2-bedroom, 1-bathroom condo in Oakville is for sale offering roughly 750 sq ft of space. Listed at $468,800, it is attractively priced about 6% below the $499,000 median asking price in Oakville. It has been on the market 6 days, fresher than the Oakville average of 47 days.

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Description

Welcome To This Beautifully Updated Penthouse-Level 1 Bedroom Plus Den Condo Located In The Highly Sought-After Glen Abbey Community Of Oakville. Offering An Exceptional Location With Easy Access To The QEW, 403, And 407, This Home Is Perfectly Situated Close To Oakville Trafalgar Memorial Hospital, GO Transit, Glen Abbey Community Centre, Shopping, Dining, Excellent Schools, And An Extensive Network Of Walking And Biking Trails. Building Amenities Include Club House, Party Room, Gym, Sauna. Convenient Car Wash Also Available. Freshly Painted Throughout, This Sun-Filled Unit Features A Renovated Kitchen Complete With Newly Installed Quartz Countertops And A Convenient Breakfast Bar. The Updated Bathroom Showcases A New Vanity, Adding A Modern Touch. The Functional Layout Includes A Spacious Den With A Door, Making It Ideal As A Home Office, Guest Room, Or Potential Second Bedroom. Situated On The Top Floor, This Desirable Penthouse Suite Enjoys Abundant Natural Light And Spectacular West-Facing Views, Offering Breathtaking Evening Sunsets To Enjoy From The Comfort Of Home. An Excellent Opportunity For First-Time Buyers, Downsizers, Or Investors Seeking A Move-In Ready Home In One Of Oakville's Most Desirable Neighbourhoods. (id:66096)

Property Details

MLS®: W14127476
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $570/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,080.81/yr
Listed: 6 days ago

Rooms

Main level

Living room: 2.96 x 3.84 meters
Dining room: 2.72 x 3.89 meters
Kitchen: 2.44 x 2.71 meters
Primary Bedroom: 3.74 x 3.37 meters
Den: 2.45 x 2.54 meters

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, Hood Fan, Blinds
Flooring: Vinyl
Exterior: Stone, Stucco
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Oakville (GA Glen Abbey) listings, avg age

47d

Price / ft²

$625

List price

$469K

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 (GA Glen Abbey) has been listed for 6 days, which is 41 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RE/MAX REALTY SPECIALISTS INC. · PATRICIA VERONICA LONGMORE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6M)

This home lists at $468,800, about 3.3× the local median household income of $143,000.

Carrying it typically needs a household income of about $91,573 (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)

$468,800· $625/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,440

Min 5%50%

Mortgage payment$2,469/mo

↳ CMHC premium ($17,814 capitalized)

Property tax (est.)$173/mo

Condo fee$570/mo

Total monthly$3,213

Cash Needed to Close

Down payment (5%)$23,440

Land transfer tax$5,851

Est. closing costs$3,906

Total cash needed$33,197

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