1470 Bishops Gate, Oakville, ON

$515,000
MLS#:W8457356
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 1007 - GA Glen Abbey. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $515,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Book a Viewing Today! The BEST Priced 1+1 Bedroom in Oakville! Welcome to Abbey Oaks featuring a 4-Storey Building Nestled in a Reputable &Mature Community in Glen Abbey. Live Surrounded By Countless Parks, Trails, Recreational Facilities, and Memories Waiting to happen. This Move-In Ready Unit offers over 700 sf of living area including Parking, 2 Lockers (storage including ensuite), and an inviting balcony where you can relax and get fresh air. Enjoy the functional layout with a spacious bedroom, separated room (den) with closet and door, chefs breakfast bar, and 4pc bathroom with bidet. Unit also offers upgraded heating & cooling units (NEW 2024 & Owned), and Stacked Laundry Ensuite, Linen Closet, and updated flooring throughout! Abbey Oaks also delivers exclusivity with its luxury amenities for residents: gym, party room, and sauna. Your next home awaits. WATCH VIDEO! *OFFERS ANYTIME*

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Property Summary

This condo apartment located at 1470 Bishops Gate, Oakville is currently for sale and has been available on SousaSells for 756 days. This property is listed at $515,000 with an estimated mortgage of $1,714* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 1470 Bishops Gate, Oakville is in the 1007 - GA Glen Abbey neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 19, 2024
Sold price information is available to members only
Listed Date6/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStucco (Plaster)
BasementNone
CountyHalton
Annual Tax$1,802.24

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeSurface

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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1470 Bishops Gate, Oakville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1470 Bishops Gate 306, Oakville, ON L6M 4N5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.

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Interest Rate4.00%
Down Payment$154,500 (30.0%)
* Minimum Canadian down payment required for this price is $26,500.
Amortization Period30 Years
Estimated Monthly Payment$1,714Based on a loan of $360,500 over 30 years.
Purchase Price$515,000
Loan Amount$360,500
Provincial Land Transfer Tax:$6,775
Total Estimated Closing Taxes:$6,775

About Purchasing a Home in Oakville, ON

For a property listed at $515,000 in Oakville, the legal minimum down payment is $26,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,775 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,775.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1007 - GA Glen Abbey, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,420,859

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
52%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English22%
Canadian16%
Scottish16%
Irish15%

Local Schools Guide

Elementary Schools

Pilgrim Wood
Public1551 Pilgrims Way, Oakville, Ontario, L6M 2W7
9.7
Forest Trail
PublicForest Trail Place, Oakville, Ontario, L6M 2G3
10.0
St Bernadette
Public1201 Heritage Way, Oakville, Ontario, L6M 3A4
8.2
Heritage Glen
Public1641 Heritage Way, Oakville, Ontario, L6M 2Z4
8.1
West Oak
Public2071 Fourth Line, Oakville, Ontario, L6M 3K1
6.6

Secondary Schools

Abbey Park
Public1455 Glen Abbey Gate, Oakville, Ontario, L6M 2G5
9.3
St. Ignatius of Loyola
Catholic1550 Nottinghill Gate, Oakville, Ontario, L6M 1X7
8.1
Garth Webb
Public2820 Westoak Trails Boulevard, Oakville, Ontario, L6M 4W2
8.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied82%
Rented18%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.