Oakville Condos | 1440 – 1490 Bishops Gate, Oakville

Oakville Condos For Sale:

1440, 1450, 1460, 1470, 1480 & 1490 Bishops Gate, Oakville | Glen Abbey

‘Abbey Oaks’

1440 – 1490 Bishops Gate, Oakville

Area: North Oakville, Glen Abbey

Style: Low-Rise Condo Apartment

336 Condo Units | Built in 2000 | Google Map

Selling Price Range:	$190,000 – $300,000
Condo Fee:	$210 – $425 per month
Condo Fee Includes:	Water, building insurance, parking, common elements & maintenance.
Bedrooms:	1 – 3 bedroom condos
Condo Sizes:	625 sq.ft – 1350 sq.ft
Parking:	Underground
Condo Amenities:	Fitness room, sauna, party room & car wash bay

Current Condos available for sale at 1440 – 1490 Bishops Gate, Oakville: 2 condos for sale (updated March 21, 2013)

Price range of condos currently for sale at 1440 – 1490 Bishops Gate, Oakville: $234,900 – $244,900

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1440, 1450, 1460, 1470, 1480 & 1490 Bishops Gate, Oakville Condominium Building Review:

The ‘Abbey Oaks‘ condos are located in north Oakville’s Glen Abbey neighbourhood. Abbey Oaks is situated on the east side of Bishops Gate just south of Upper Middle Road and north of Pilgrims Way just east of the . This great location offers condo owners walking distance access to the Abbey Plaza and the Glen Abbey Recreation Centre and Public Library. There is also excellent access to Oakville’s public transportation system along Third Line and Upper Middle Road.

The Abbey Oaks condo complex consists of six, 4-storey, low-rise condo buildings each with 56 condo units in them. The six buildings all share a common recreation pavilion that has a party room, fitness centre or exercise room and sauna. The complex also offers residents use of a car wash bay. Inside, the condos at Abbey Oaks, 1440 – 1490 Bishops Gate, Oakville offer Oakville’s condo buyers spacious layouts and excellent value for the dollar. The condos at 1440 – 1490 Bishops Gate range from $190,000 – $300,000 and offer 1 bedroom, 2 bedroom and 3 bedroom layouts roughly between 625 – 1350 square feet in size. The condo fees for residents at Abbey Oaks, 1440 – 1490 Bishops Gate in Oakville include water, parking, building insurance, common element areas & maintenance.

The condominium building was built in the early 2000s and sits within a mature, well established part of north Oakville’s Glen Abbey neighbourhood. The area has a mix of townhomes, link homes and large executive detached homes over 3000 square feet with prices ranging from the low $200,000s to over $1 million dollars. Also nearby, just west along Upper Middle Road will be the new Balmoral Condominium.

Condos sold at 1440, 1450, 1460, 1470, 1480 & 1490 Bishops Gate, Oakville in 2012: 39 condos were sold at Abbey Oaks in 2012.

Ryan’s Roundup: 2012 was a very busy year for Oakville’s condos and the condos at Abbey Oaks were no different. A total of 39 condos sold at 1440-1490 Bishops Gate during 2012. The average price rose again to $248,000 (rounded). Condos at 1440-1490 Bishops Gate took on average, 37 days to sell. Of the 39 condos sold, 11 were 1 bedroom condos, 7 were 1 bedroom + den condos, 18 were 2 bedroom condos and 3 were 3 bedroom condos. The condos at Abbey Oaks offer excellent value for single buyers, young professionals, first time buyers and empty nesters and retirees alike. Already in 2013, 3 condos have sold in the month of January, we’re seeing continued high demand and condos at Abbey Oaks are not staying on the market long. If you are looking to buy or sell a condo at Abbey Oaks Condos, 1440-1490 Bishops Gate, Oakville contact Ryan today.

2012 Condo Sales Summary for Abbey Oaks Condos 1440-1490 Bishops Gate, Oakville:

		Mean (Average)	Low	High
List Price	39	$255,512	$207,500	$329,000
Original Price	21	$350,480	$209,000	$2,159,999
Sold Price	39	$247,884	$194,000	$312,000
% List	21	97.48	91	103
Taxes	39	$1,929	$1,513	$2,423.51
Bedrooms	39	1.6	1	3
Washrooms	37	1.4	1	2
Days On Market	39	37	5	91

(Calculations are performed excluding zero-values)

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Condos sold at 1440, 1450, 1460, 1470, 1480 & 1490 Bishops Gate, Oakville ‘Abbey Oaks’ in 2011: 12 condos were sold during 2011 at 1440 – 1490 Bishops Gate in Oakville

2011 Condo sales summary for 1440, 1450, 1460, 1470, 1480 & 1490 Bishops Gate, Oakville:

A modest 12 condos sold at Abbey Oaks last year with sales ranging from $195,000 for a 1 bedroom condo to $292,000 for a large 3 bedroom condo. Prices rose at 1440 – 1490 Bishops Gate as they have been at most of Oakville’s condos. The condos at Abbey Oaks offer excellent value for single buyers, young professionals, first time buyers and empty nesters and retireees alike. Already in 2012, we’re seeing high demand and condos at Abbey Oaks are not staying on the market long given the demand spurred on by continued low interest rates and favourable buying conditions. Based on the current pace of the real estate market in Oakville we will easily see more than 12 condos sell at Abbey Oaks this year, 2012.

	Count	Mean (Average)	Median	Mode	Low	High
List Price	12	$247,717	$254,850	$279,900	$203,900	$299,900
Original Price	5	$255,740	$278,000	n / a	$203,900	$299,900
Sold Price	12	$241,021	$247,500	n / a	$195,000	$292,000
% List	5	97	97	n / a	95	99
Taxes	12	$1,857	$1,928	n / a	$1,537.44	$2,225.43
Bedrooms	12	1.6	1.5	1	1	3
Washrooms	12	1.5	1.5	n / a	1	2
Days On Market	12	44	38	n / a	10	94

(Calculations are performed excluding zero-values)

Interested in buying or selling a condo at Oakville’s Abbey Oaks Condos at 1440, 1450, 1460, 1470, 1480, 1490 Bishops Gate, Oakville? Contact Ryan for a FREE, no obligation market valuation for your condo or click here for 24/7 email alerts for MLS® listings at Abbey Oaks, 1440 – 1490 Bishops Gate, Oakville.

All Oakville Condo Real Estate statistics and information on iBlogOakville.com is provided for general information purposes only. All data and figures should be verified prior to entering into any legal agreement. Not intended to solicit buyers or sellers currently under contract with a real estate broker.