$1,148,000 - 2480 Prince Michael Drive Unit PH08, Oakville
Condo for Sale in Oakville
New — Listed yesterday- MLS Number
- W13015038
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Luxurious, large penthouse unit featuring 2 bedrooms plus a den and 2 washrooms, offering over 1,200 sq ft of refined living space in the upscale Joshua Creek neighbourhood. This spacious suite features 10-ft ceilings and floor-to-ceiling windows, filling the home with abundant natural light throughout. The open-concept living and dining area offers a comfortable layout w/ a gas fireplace and walk-out to a private balcony, ideal for enjoying open views and outdoor space. The kitchen features quartz countertops, a breakfast bar, ample cabinetry, and stainless steel appliances. Desirable split-bedroom layout for added privacy , with independent temperature control in each bedroom that are not tied to the building's central system. The primary bedroom includes a walk-in closet w/ built-in storage and a deluxe upgraded 5-piece ensuite w/ double sinks, a whirlpool tub, and a separate glass shower. A second bedroom and versatile den provide flexible space for a home office and additional storage. Additional features include a second upgraded full bathroom w/oversized shower and in-suite laundry with front laundry washer and dryer. 2 side-by-side underground parking spaces close to the elevators + 1 locker included. Upscale amenities include indoor pool and sauna, exercise room, party/meeting room, movie theatre room, and guest suites. Conveniently located close to parks, high-ranked schools, shopping, and dining, with very easy access to highways and transit. An ideal option for those looking for a comfortable, low-maintenance lifestyle in one of Oakville's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,077.99/mo
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 PH08, 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 $957/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.
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.
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.
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 $4,783 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.