1470 Bishops Gate Unit 208, Oakville

Price: $458,500

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W12994006

Welcome to Abbey Oaks II - Oakville's Hidden Gem in Prestigious Glen Abbey. Don't miss this rare opportunity to own in one of Oakville's most sought-after communities! This bright and well-appointed 1+1 bedroom, 1 bathroom condo offers approximately 711 sq ft of smart, open-concept living in the beloved Abbey Oaks II building - a boutique, well-managed 4-storey mid-rise nestled in the heart of Glen Abbey. The versatile den is large enough to serve as a true second bedroom, home office, or guestroom - giving you the flexibility with today's lifestyle demands. The open-concept layout maximizes every square foot, with a functional kitchen flowing seamlessly into the living area and walkout to your private balcony. In-suite laundry adds everyday convenience. Two parking spaces - a rare find at this price point! Enjoy the security of one underground parking space plus an additional outdoor parking space, ideal for a second vehicle, guests, or added resale value. The unit also includes two storage spaces - a convenient balcony storage closet and a dedicated locker in the building's lower level. Residents of Abbey Oaks II enjoy an impressive suite of amenities including a fully equipped fitness center, sauna, party room with private kitchen and fireplace, BBQ stations, underground car wash bay, and ample visitor parking. Location is everything, and this one delivers. Situated steps from scenic trails, parks, Sobeys, Symposium Café, and local shops, commuters will love the quick access to Highways 403 & 407 and the nearby Bronte GO Station. Oakville Trafalgar Hospital is also just minutes away. Top-ranked schools right in the neighborhood. Enjoy Oakville's trails, golf, and lakeside vibe without the premium price.

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New Listing
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$458,500 - 1470 Bishops Gate Unit 208, Oakville

Condo for Sale in Oakville

New — Listed 2 days ago
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W12994006
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Oakville
Locker
Exclusive
Exposure
East
Balcony
Open
Listing Brokerage
SUTTON GROUP OLD MILL REALTY INC.
Description

Welcome to Abbey Oaks II - Oakville's Hidden Gem in Prestigious Glen Abbey. Don't miss this rare opportunity to own in one of Oakville's most sought-after communities! This bright and well-appointed 1+1 bedroom, 1 bathroom condo offers approximately 711 sq ft of smart, open-concept living in the beloved Abbey Oaks II building - a boutique, well-managed 4-storey mid-rise nestled in the heart of Glen Abbey. The versatile den is large enough to serve as a true second bedroom, home office, or guestroom - giving you the flexibility with today's lifestyle demands. The open-concept layout maximizes every square foot, with a functional kitchen flowing seamlessly into the living area and walkout to your private balcony. In-suite laundry adds everyday convenience. Two parking spaces - a rare find at this price point! Enjoy the security of one underground parking space plus an additional outdoor parking space, ideal for a second vehicle, guests, or added resale value. The unit also includes two storage spaces - a convenient balcony storage closet and a dedicated locker in the building's lower level. Residents of Abbey Oaks II enjoy an impressive suite of amenities including a fully equipped fitness center, sauna, party room with private kitchen and fireplace, BBQ stations, underground car wash bay, and ample visitor parking. Location is everything, and this one delivers. Situated steps from scenic trails, parks, Sobeys, Symposium Café, and local shops, commuters will love the quick access to Highways 403 & 407 and the nearby Bronte GO Station. Oakville Trafalgar Hospital is also just minutes away. Top-ranked schools right in the neighborhood. Enjoy Oakville's trails, golf, and lakeside vibe without the premium price.

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Estimate your monthly payments for this property

Estimated Payment

$2,352.34/mo

Includes CMHC insurance ($12,792)

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5-yr fixed avg.

Principal: $412,650Interest: $280,261
Mortgage Amount$425,442
Total Interest$280,261
Est. Property Tax$325/mo
Total Cost$705,703

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 208, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$325
Insurance (est.)-$96
Net Cash Flow+$1,324

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 30+ years of GTA real estate experience

Competitive Pricing

At $655/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 700 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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