$859,000 - 1901 Pilgrims Way Unit 706, Oakville
Condo for Sale in Oakville
36 days on market- MLS Number
- W13103112
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Oakville
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Location. Location. Location! Come home to stunning 7th floor views with this sunny southwest facing corner suite with 2 exclusive underground parking spots! Enjoy the breathtaking panoramic vistas of the escarpment and lake from this unit at the upscale Arboretum in Glen Abbey, where each floor has only 6 exclusive suites. Freshly painted throughout, the open concept living/dining room with den offers plenty of space for entertaining and features elegant red oak engineered hardwood and sliding glass door to balcony to enjoy the splendid vistas! Large bright kitchen with white cabinetry open to breakfast area bathed in natural light - surrounded by windows and perfect for morning coffee and casual dining. Generous king-size primary bedroom offers a large window for natural light, walk-in closet and private 5 piece ensuite with double sink vanity counter, soaker tub and walk in shower. The second bedroom also features a large window for natural light, double closet, elegant hardwood flooring and convenient access to the 4-piece main bathroom. In suite laundry, 2 underground parking spots and sizeable storage locker is also included. Heat pump 2023. Manicured grounds and gardens and extensive building amenities include indoor pool, hot tub, sauna and change rooms, a party room with full kitchen, fitness area/gym, billiards room, library, hobby games room, tennis court, a car wash bay, outdoor patio with BBQs, guest suites and plenty of visitor parking. Walk to the famous Monastery Bakery, minutes to Glen Abbey Recreation centre, steps to area trails and parks. This beautiful and well managed complex is set in a prime location and within easy access to major highways, transit, charming downtown Oakville and just minutes to the new Oakville hospital. Buildings have recently undergone extensive refresh/renewal of common hallways and areas. ** Some photos have been virtually staged.**
Estimate your monthly payments for this property
Estimated Payment
$4,407.12/mo
Includes CMHC insurance ($23,966)
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.
1901 Pilgrims Way Unit 706, 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 $614/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 36 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.
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 $3,579 (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.