2343 Khalsa Gate Unit 731, Oakville

Price: $745,000

3 bedrooms, 2 bathrooms

900 sq ft

Property Type: Condo

MLS#: W12448286

Welcome to this spacious 962 SQFT and well-designed 2 Bedroom + Den, 2 Washroom unit located on the 7th floor, offering a clear and unobstructed southeast view that reaches Lake Ontario and brings in natural light all day. This open-concept layout features approximately 9-foot smooth ceilings and thoughtfully selected finishes throughout. The kitchen is equipped with stainless steel appliances, white shadow granite countertops, subway tile backsplash, 39" upper cabinets, and under-cabinet lightingideal for everyday cooking and entertaining. The living and dining areas flow seamlessly, finished with modern laminate flooring, Zebra blinds, and pre-wired for wall-mounted TV. The den offers a flexible space for a home office, reading nook, or extra storage.The primary bedroom includes a walk-in closet and a private ensuite with a glass shower and premium ceramic tile. The second bedroom is bright and well-sized, with a full bathroom nearby. Additional features include a stacked washer and ventless dryer, mirrored closet doors, USB charging outlets, and Ecobee Smart Thermostat with Alexa. Step out onto the balcony for fresh air and a clear southeast view.Includes one parking and one locker. Tarion Warranty included, as this is a brand new unit.Located in a modern smart building with keyless entry, free internet, and full connectivity. Enjoy resort-style amenities: gym with Peloton bikes, rooftop lounge, pool/spa, pickleball court, golf simulator, BBQ areas, media/games room, work/share space, car wash, pet wash station, and access to 200 km of scenic trails.Property Taxes not assessed yet. ** Some Photos Virtually Staged.

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$745,000 - 2343 Khalsa Gate Unit 731, Oakville

Condo for Sale in Oakville

32 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12448286
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
AKARAT GROUP INC.
Description

Welcome to this spacious 962 SQFT and well-designed 2 Bedroom + Den, 2 Washroom unit located on the 7th floor, offering a clear and unobstructed southeast view that reaches Lake Ontario and brings in natural light all day. This open-concept layout features approximately 9-foot smooth ceilings and thoughtfully selected finishes throughout. The kitchen is equipped with stainless steel appliances, white shadow granite countertops, subway tile backsplash, 39" upper cabinets, and under-cabinet lightingideal for everyday cooking and entertaining. The living and dining areas flow seamlessly, finished with modern laminate flooring, Zebra blinds, and pre-wired for wall-mounted TV. The den offers a flexible space for a home office, reading nook, or extra storage.The primary bedroom includes a walk-in closet and a private ensuite with a glass shower and premium ceramic tile. The second bedroom is bright and well-sized, with a full bathroom nearby. Additional features include a stacked washer and ventless dryer, mirrored closet doors, USB charging outlets, and Ecobee Smart Thermostat with Alexa. Step out onto the balcony for fresh air and a clear southeast view.Includes one parking and one locker. Tarion Warranty included, as this is a brand new unit.Located in a modern smart building with keyless entry, free internet, and full connectivity. Enjoy resort-style amenities: gym with Peloton bikes, rooftop lounge, pool/spa, pickleball court, golf simulator, BBQ areas, media/games room, work/share space, car wash, pet wash station, and access to 200 km of scenic trails.Property Taxes not assessed yet. ** Some Photos Virtually Staged.

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Estimated Payment

$3,822.24/mo

Includes CMHC insurance ($20,786)

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5-yr fixed avg.

Principal: $670,500Interest: $455,385
Mortgage Amount$691,286
Total Interest$455,385
Est. Property Tax$528/mo
Total Cost$1,146,671

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 731, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$528
Insurance (est.)-$155
Net Cash Flow+$1,412

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 25+ years of GTA real estate experience

Fair Market Value

At $828/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.

Market Position

At 32 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.

Efficient Living

At 900 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.

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.

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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