$539,000 - 2333 Khalsa Gate Unit 706, Oakville
Condo for Sale in Oakville
49 days on market- MLS Number
- W13053600
- Property Type
- Condo
- Status
- active
- Days on Site
- 49
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 500 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Beautifully decorated and lovingly lived in, this stunning 1-bedroom + den, 2-bathroom condo offers the perfect blend of comfort, style, and convenience. From the moment you walk in, you'll notice the thoughtful design and warm, inviting feel that truly makes this space feel like home (the kind you walk into and immediately think, "okay... I could live here"). The modern kitchen is both stylish and functional, featuring a sleek breakfast bar/centre island-perfect for casual meals, morning coffee, or entertaining friends without missing a moment of the conversation. The open-concept layout flows effortlessly into the living space and out to your private balcony, creating a bright and airy atmosphere. The spacious primary bedroom is a true retreat, complete with a beautifully appointed ensuite bathroom. The versatile den offers the ideal space for a home office, guest area, or cozy reading nook-whatever suits your lifestyle. Set in a highly desirable and convenient location, this exceptional building takes condo living to the next level with an impressive list of amenities. Enjoy a rooftop deck with pool, a stylish party room, library/games room, sauna, pet washing station, community gardens, basketball court, putting green, and so much more. It's like having a private resort just steps from your front door-without the need to pack a bag. Perfect for anyone seeking a low-maintenance lifestyle without compromising on luxury, this condo offers everything you need right where you want it. The current tenant is paying $2100/mo and is willing to stay and pay market rent, otherwise 60 day notice is required and she is willing to vacate. The tenant loves the building, location and complex and has been an ideal tenant, always paying rent on time and keeping the unit well maintained and lovingly cared for.
Estimate your monthly payments for this property
Estimated Payment
$2,765.35/mo
Includes CMHC insurance ($15,038)
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.
2333 Khalsa Gate 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
Fair Market Value
At $1078/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 49 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.
Efficient Living
At 500 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.
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 $2,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.