$489,999 - 1440 Bishops Gate Unit 404, Oakville
Condo for Sale in Oakville
- MLS Number
- W12892168
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Oakville
- Locker
- Ensuite+Common
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX PREMIER THE OP TEAM
Discover Exceptional Value In This Beautifully Maintained 1-Bedroom Condo, Perfectly Situated In The Sought-After Glen Abbey Community! The Bright, Open-Concept Layout Features Luxury Vinyl Plank Flooring Throughout, Seamlessly Connecting The Kitchen, Dining, And Living Areas. French Doors Lead To A Private Balcony Overlooking A Peaceful Courtyard, An Ideal Spot To Relax Or Fire Up The BBQ. Enjoy The Convenience Of In-Suite Laundry, Ample Visitor Parking, And Premium Amenities, Including A Newly Renovated Party Room, Sauna, Fully Equipped Fitness Center, Car Wash Bay, And Pet-Friendly Policies. Located Just Steps From Shopping, Restaurants, Coffee Shops, And Scenic Trails, This Condo Is Also Close To Top-Rated Schools, Oakville Hospital, A Recreation Center, Parks, And World-Class Golf Courses. With Easy Access To The GO Station, QEW, And 403, Commuting Is A Breeze. Complete With One Underground Parking Space And A Storage Locker, This Is A Rare Opportunity To Own In One Of Oakville's Most Desirable Neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$2,513.95/mo
Includes CMHC insurance ($13,671)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Oakville
Oakville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Oakville
- •Convenient location in Oakville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Oakville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1440 Bishops Gate Unit 404, Oakville
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Fair Market Value
At $817/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Oakville Premium
Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.