1460 Bishops Gate 111, Oakville

$640,000
1460 Bishops Gate 111

$640,000

New
21d
Condo ApartmentApartment

1460 Bishops Gate 111, Oakville

Total Monthly Obligation $4,087

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
21d
Score
19
Yield
6.8%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-W13855130
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,076 (2026)
Maintenance-$1,049/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Real Estate Services Ltd., Brokerage
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Immediate
Neighbourhood-1007 - GA Glen Abbey
Title-Residential Condo & Other

No agent assigned

Large condominium apartment close to schools, community center, shopping and transportation. Fantastic for families, commuters and retirees. One owned parking space underground with plenty of visitor parking in the parking lot. Elevator from parking and ground-level stair-free access to the unit through a security door with intercom. Inside the unit, the entry hall opens into a large living / dining room with new carpet. Eat-in kitchen with large windows, spacious counters open to the living / dining room and out to the terrace / balcony. The primary bedroom is off the kitchen with new carpet and a 3 piece ensuite bathroom. Two other bedrooms and a 4 piece main bathroom can be used for guests, children or as a home office. Insuite washer, dryer, owned hot water tank, and owned gas furnace / A/C. ** No monthly rental fees for the Hot Water Tank, Furnace or Air Conditioner! ** The nearby clubhouse features a meeting / party room with kitchen, gym with exercise equipment and sauna. Walk to the nearby Glen Abbey Community Centre for ice skating, swimming, library, squash courts, fitness centre and the Oakville Gymnastics Club facility. Next door is The Abbey Plaza shopping centre with Tim Horton's, The Beer Store, Sobey's and more! Top-ranked schools nearby including Abbey Park HS, Pilgrim Wood PS, St. Bernadette CES, and St. Ignatius of Loyola CSS. Third Line is a main road: north to OTMH (Oakville Trafalgar Memorial Hospital) and south to QEW / 403 to Toronto or Hamilton, and Bronte GO station - great for commuters! Currently vacant so quick closing possible.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$512,000
Land Transfer Taxes$9,275
Legal Fees (Est.)
$
Total cash required for closing$138,775

Total Monthly Obligation

$4,087/mo
Mortgage $2,582
Monthly Loss $3,408
Principal$679
Interest$1,902
Property Tax$256
Condo Fees$1,049
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.2%37
10-Year IRR
10.9%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$43,476/yr
NOI
$21,064/yr
Net Cash Flow
-$826/mo
Cash Margin
-22.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1460 Bishops Gate 111

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.