1480 Bishops Gate 208, Oakville

$454,999
1480 Bishops Gate 208

$454,999

New
15d
Condo Apartment1 Storey/Apt

1480 Bishops Gate 208, Oakville

Total Monthly Obligation $2,783

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
15d
Score
20
Yield
6.2%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-W13877358
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$2,123.05 (2026)
Maintenance-$570.26/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SPECTRUM REALTY SERVICES INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-Flexible
Neighbourhood-1007 - GA Glen Abbey
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and inviting unit offering a functional, open-concept layout and plenty of natural light. Freshly painted throughout and move-in ready, this home features brand-new kitchen appliances, fresh carpeting in both the bedroom and den, and an updated bathroom with a new vanity. The versatile den provides additional space for a home office, guest room, or whatever suits your lifestyle. An excellent opportunity for first-time buyers, downsizers, or investors looking for great income potential. Move in and enjoy, or add this turnkey property to your investment portfolio!

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

Closing Costs

Mortgage Amount
$363,999
Land Transfer Taxes$5,575
Legal Fees (Est.)
$
Total cash required for closing$98,075

Total Monthly Obligation

$2,783/mo
Mortgage $1,835
Monthly Loss $2,300
Principal$483
Interest$1,352
Property Tax$177
Condo Fees$570
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.4%31
10-Year IRR
10.3%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$28,200/yr
NOI
$14,014/yr
Net Cash Flow
-$668/mo
Cash Margin
-28.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
28.3/ 100

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

Comparables

Properties near 1480 Bishops Gate 208

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.