1470 Bishops Gate Unit 104, Oakville

Price: $459,000

1 bedrooms, 1 bathrooms

600 sq ft

Property Type: Condo

MLS#: W12704228

Welcome to Abbey Oaks condos in Oakville's 1 bed, 1 bath East-Facing suite with a large terrace. Top 5 reasons that this apartment is a great opportunity to purchase 1) Affordable 2) Spacious 640 Sqft 3)Excellent location 4)main floor unit 5) underground parking and 1 locker included. This 1 Bedroom Condo Features An Open Concept Design , Master Bedroom With Generous Sized Closet, Freshly Painted, Laminate Flooring, In-Suite Laundry, living room Walkout To terrace. Newer stainless steel appliances, perfect starter home! Enjoy the everyday luxuries that make life simpler: in-suite laundry, secure underground parking, and a separate storage locker. Indulge in the building's thoughtful amenities-a fitness centre for morning energy, a sauna for evening relaxation, a recreation room for connection, and even a cozy car wash bay ready for winter days. Perfectly situated in the sought-after Glen Abbey community, you're surrounded by parks, trails, top-rated schools, and charming local shops-with easy access to transit and major highways

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$459,000 - 1470 Bishops Gate Unit 104, Oakville

Condo for Sale in Oakville

32 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12704228
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
iCloud Realty Ltd.
Description

Welcome to Abbey Oaks condos in Oakville's 1 bed, 1 bath East-Facing suite with a large terrace. Top 5 reasons that this apartment is a great opportunity to purchase 1) Affordable 2) Spacious 640 Sqft 3)Excellent location 4)main floor unit 5) underground parking and 1 locker included. This 1 Bedroom Condo Features An Open Concept Design , Master Bedroom With Generous Sized Closet, Freshly Painted, Laminate Flooring, In-Suite Laundry, living room Walkout To terrace. Newer stainless steel appliances, perfect starter home! Enjoy the everyday luxuries that make life simpler: in-suite laundry, secure underground parking, and a separate storage locker. Indulge in the building's thoughtful amenities-a fitness centre for morning energy, a sauna for evening relaxation, a recreation room for connection, and even a cozy car wash bay ready for winter days. Perfectly situated in the sought-after Glen Abbey community, you're surrounded by parks, trails, top-rated schools, and charming local shops-with easy access to transit and major highways

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,354.91/mo

Includes CMHC insurance ($12,806)

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5-yr fixed avg.

Principal: $413,100Interest: $280,566
Mortgage Amount$425,906
Total Interest$280,566
Est. Property Tax$325/mo
Total Cost$706,472

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.

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Neighbourhood Guide: Oakville

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

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

1470 Bishops Gate Unit 104, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$325
Insurance (est.)-$96
Net Cash Flow+$989

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $765/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 32 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.

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