$595,000 - 1480 Bishops Gate Unit 315, Oakville
Condo for Sale in Oakville
105 days on market- MLS Number
- W12775174
- Property Type
- Condo
- Status
- active
- Days on Site
- 105
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- Real Broker Ontario Ltd.
Smart, stylish, and perfectly positioned-this is the condo opportunity today's buyers have been waiting for. Nestled in the heart of highly desirable Glen Abbey, this bright and spacious 2-bedroom, 2-bathroom home offers an ideal blend of comfort, practicality, and value in a market where every dollar counts.Step inside to a welcoming open-concept layout designed for real life. Sunlight pours through large windows, creating a warm, inviting space that feels like home the moment you walk in. The generous living and dining areas flow effortlessly into the functional kitchen-perfect for hosting friends, working from home, or simply enjoying a quiet night in.The primary bedroom features a private ensuite for added convenience, while the second bedroom offers flexibility as a guest room, home office, or kids' room. With secure underground parking, automatic building doors, and a well-maintained building, you'll enjoy easy, low-maintenance living without compromise.For first-time buyers, this is an affordable entry into one of Oakville's best neighbourhoods. For downsizers, it offers the space you need without the upkeep of a house. And for investors, it's a high-demand location surrounded by top-rated schools, transit, parks, trails, and everyday amenities-making it a smart, long-term rental opportunity.Just steps to Abbey Park High School, Pilgrim Woods Elementary, the Glen Abbey Community Centre, shopping, and scenic green spaces, this condo delivers lifestyle and location at a price point that makes sense.In today's competitive market, value matters-and this home checks every box. Move-in ready, perfectly located, and full of potential, it's the kind of property buyers search for and rarely find.
Estimate your monthly payments for this property
Estimated Payment
$3,052.66/mo
Includes CMHC insurance ($16,601)
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.
1480 Bishops Gate Unit 315, 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 30+ years of GTA real estate experience
Competitive Pricing
At $595/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.
Negotiation Opportunity
At 105 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
Investment Perspective
Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.