1570 REEVES Gate Unit 5, Oakville

Price: $779,900

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W13433606

Beautifully updated and move-in ready, this townhouse condo is located in one of Oakville's most desirable family communities and falls within the coveted Heritage Glen Public School and Abbey Park High School catchments. The updated kitchen (2022) features quartz countertops, new tile flooring, sink, and backsplash, while the refreshed powder room offers updated tile and vanity. Crown molding throughout the main and upper levels, updated pot lights, smooth ceilings, and hardwood flooring on the second floor (2025) create a bright and modern feel throughout. The spacious primary bedroom was enhanced with custom built-in closets (2024), and both upper bathrooms were refreshed with subway tile and updated vanities. Major updates provide peace of mind, including roof (2020), windows (2019), furnace and A/C (2021), updated attic insulation (2025), and a renovated laundry room with new appliances (2023)! All HVAC equipment, including the furnace, air conditioner, and hot water tank, is owned. Step outside to enjoy the new backyard deck (2024) and beautifully established low-maintenance perennial gardens. A fantastic opportunity to own a turnkey home close to parks, trails, shopping, transit, and some of Oakville's top-rated schools.

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New Listing
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$779,900 - 1570 REEVES Gate Unit 5, Oakville

Condo for Sale in Oakville

New — Listed yesterday
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W13433606
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Oakville
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
RE/MAX Escarpment Realty Inc., Brokerage
Description

Beautifully updated and move-in ready, this townhouse condo is located in one of Oakville's most desirable family communities and falls within the coveted Heritage Glen Public School and Abbey Park High School catchments. The updated kitchen (2022) features quartz countertops, new tile flooring, sink, and backsplash, while the refreshed powder room offers updated tile and vanity. Crown molding throughout the main and upper levels, updated pot lights, smooth ceilings, and hardwood flooring on the second floor (2025) create a bright and modern feel throughout. The spacious primary bedroom was enhanced with custom built-in closets (2024), and both upper bathrooms were refreshed with subway tile and updated vanities. Major updates provide peace of mind, including roof (2020), windows (2019), furnace and A/C (2021), updated attic insulation (2025), and a renovated laundry room with new appliances (2023)! All HVAC equipment, including the furnace, air conditioner, and hot water tank, is owned. Step outside to enjoy the new backyard deck (2024) and beautifully established low-maintenance perennial gardens. A fantastic opportunity to own a turnkey home close to parks, trails, shopping, transit, and some of Oakville's top-rated schools.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,001.29/mo

Includes CMHC insurance ($21,759)

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5-yr fixed avg.

Principal: $701,910Interest: $476,718
Mortgage Amount$723,669
Total Interest$476,718
Est. Property Tax$552/mo
Total Cost$1,200,387

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

1570 REEVES Gate Unit 5, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$552
Insurance (est.)-$162
Net Cash Flow+$1,486

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $487/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    1570 REEVES Gate Unit 5, Oakville | $779,900 | Battaglia Team