2343 Khalsa Gate Unit 403, Oakville

Price: $578,800

2 bedrooms, 2 bathrooms

500 sqft

Property Type: Condo

MLS#: W12985728

Calling all first time home buyers, all those downsizing & investors...Welcome to Nuvo Condos - Modern Living in Oakville's Thriving New Community. This 1-bedroom plus den, 2-bathroom condo home is located in a vibrant and up-and-coming Oakville neighbourhood, this bright and stylish unit offers stunning south-facing views and an abundance of natural light throughout. The open-concept layout features a sleek, modern kitchen complete with quartz countertops, extended upper cabinets, and stainless steel appliances. Overlooking the dining and living areas, it's perfect for entertaining or simply enjoying the view from your private balcony. Nuvo Condos offers impressive amenities, including a rooftop terrace, fully-equipped fitness centre, and a stylish party/meeting room. This unit includes 1 underground parking space and 1 locker for added convenience. Ideally situated with easy access to public transit, and just minutes from Sheridan College, Oakville Trafalgar Hospital, schools, shopping, and everyday amenities-this is your chance to be part of Oakville's most exciting new community.

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New Listing
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$578,800 - 2343 Khalsa Gate Unit 403, Oakville

Condo for Sale in Oakville

New — Listed 5 days ago
2Beds
2Baths
500Sq Ft
Condo
Property Details
MLS Number
W12985728
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
500 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Calling all first time home buyers, all those downsizing & investors...Welcome to Nuvo Condos - Modern Living in Oakville's Thriving New Community. This 1-bedroom plus den, 2-bathroom condo home is located in a vibrant and up-and-coming Oakville neighbourhood, this bright and stylish unit offers stunning south-facing views and an abundance of natural light throughout. The open-concept layout features a sleek, modern kitchen complete with quartz countertops, extended upper cabinets, and stainless steel appliances. Overlooking the dining and living areas, it's perfect for entertaining or simply enjoying the view from your private balcony. Nuvo Condos offers impressive amenities, including a rooftop terrace, fully-equipped fitness centre, and a stylish party/meeting room. This unit includes 1 underground parking space and 1 locker for added convenience. Ideally situated with easy access to public transit, and just minutes from Sheridan College, Oakville Trafalgar Hospital, schools, shopping, and everyday amenities-this is your chance to be part of Oakville's most exciting new community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,969.54/mo

Includes CMHC insurance ($16,149)

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5-yr fixed avg.

Principal: $520,920Interest: $353,795
Mortgage Amount$537,069
Total Interest$353,795
Est. Property Tax$410/mo
Total Cost$890,863

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

2343 Khalsa Gate Unit 403, 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)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$410
Insurance (est.)-$121
Net Cash Flow+$1,344

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

Premium Pricing

At $1158/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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 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 $2,412 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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