$549,900 - 2480 Prince Michael Drive Unit 121, Oakville
Condo for Sale in Oakville
50 days on market- MLS Number
- W13060088
- Property Type
- Condo
- Status
- active
- Days on Site
- 50
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Royal LePage Real Estate Services Ltd., Brokerage
Step into refined, contemporary living at The Emporium in prestigious Joshua Creek. This elegant mid-rise condominium offers the perfect balance of comfort and convenience. This beautifully designed 1-bedroom plus den suite features over 700 sq ft of thoughtfully laid-out space, highlighted by soaring 10-foot ceilings, hardwood flooring, custom window treatsments, updated lighting and expansive windows that fill the home with natural light. The modern kitchen showcases crisp white cabinetry, quartz countertops, stainless steel appliances, a subway tile backsplash, and a functional breakfast bar. The open-concept living and dining area is both inviting and stylish, complete with an electric fireplace and walk-out to a spacious private balcony-ideal for relaxing or entertaining. The versatile den provides the perfect space for a home office or additional lounge area. The generously sized primary bedroom features a striking accent wall, mirrored closets, and a large window. Additional conveniences include in-suite laundry, one underground parking space, and a storage locker. Residents enjoy access to premium amenities, including an indoor pool, sauna, fully equipped fitness centre, party and media rooms, guest suites, beautifully landscaped grounds, and a boutique-style lobby with concierge service. Ideally located with easy access to the QEW, 403, and 407, as well as GO Transit, commuting is seamless. Just steps from shops, restaurants, parks, and top-ranked schools such as Iroquois Ridge High School. A perfect opportunity for professionals, downsizers, or anyone seeking stylish, move-in-ready living.
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
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.
2480 Prince Michael Drive Unit 121, Oakville
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $786/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.
Negotiation Opportunity
At 50 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 700 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 $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.