2388 Khalsa Gate, Unit 2, Oakville, ON

$799,000
MLS#:W9372374
2 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 8, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 1019 - WM Westmount. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $799,000 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 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This Beautiful Move-in ready condo offers the perfect balance of luxury and convenience. As one of the largest 2 Bedroom 2 Bathroom units in the building, you wont want to miss the upgrades and amazing features this home has to offer. On the ground floor with 2 car parking , 1 driveway and 1 garage spot with inside entry right into your own unit. No stairs to climb and the attached garage which is a huge bonus for ensuring secure parking and easy coming and going with extra storage if needed. Step into a bright, open-concept living and dining space that is perfect for entertaining and enjoying time with family. The kitchen features stainless steel appliances, granite countertops, updated pantry, added pull out drawers and a breakfast bar perfect for casual dining. Enjoy two generously sized bedrooms, including a Primary suite with a walk-in closet and a private ensuite bathroom. The two full bathrooms with modern finishes offer convenience and comfort for family and guests. A walkout to your private balcony provides a great spot to relax with a cup of coffee, BBQ or just to enjoy the outdoors. Located in a family-friendly community, this condo is minutes away from top-rated schools, parks, trails, shopping, dining, and easy access to highways 403, 407 and the QEW. Low Condo fees and huge locker for storage are just a couple more added bonuses to make you fall in love with this Unit and want to Call it home.

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Property Summary

This condo apartment located at 2388 Khalsa Gate, Oakville is currently for sale and has been available on SousaSells for 657 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 2388 Khalsa Gate, Oakville is in the 1019 - WM Westmount neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 8, 2024
Sold price information is available to members only
Listed Date9/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stone
BasementNone
CountyHalton
Annual Tax$3,199.19

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Storage Area Lockers

Security Features

Community Features

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Location

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2388 Khalsa Gate, Unit 2, 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 2388 Khalsa Gate 105, Oakville, ON L6M 1P5

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.

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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$239,700 (30.0%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period30 Years
Estimated Monthly Payment$2,660Based on a loan of $559,300 over 30 years.
Purchase Price$799,000
Loan Amount$559,300
Provincial Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$12,455

About Purchasing a Home in Oakville, ON

For a property listed at $799,000 in Oakville, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1019 - WM Westmount, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,072,541

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

St Joan of Arc
Public2912 Westoak Trails Boulevard, Oakville, Ontario, L6M 4T7
8.7
Emily Carr
Public2255 Pine Glen Road, Oakville, Ontario, L6M 0G5
7.1
Captain R Wilson
Public2145 Grand Oak Trail, Oakville, Ontario, L6M 4S7
8.2
Palermo
Public2561 Valleyridge Drive, Oakville, Ontario, L6M 5H4
6.6
St. Mary
Catholic2175 Colonel William Parkway, Oakville, Ontario, L6M 0B7
8.3

Secondary Schools

Garth Webb
Public2820 Westoak Trails Boulevard, Oakville, Ontario, L6M 4W2
8.5
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

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.