1490 Bishops Gate 308

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1490 Bishops Gate 308, Oakville
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
W4071626
MLSID
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Property Description
Spacious And Bright 1 Bdrm+Den Condo Offering Well Planned Living Space In The Sought After Abbey Oaks Complex. Amenities Include Lavish Clubhouse Equipped W/ Fitness Rm, Party Rm, Lounge Area, Underground Parking And Plenty Of Visitors Parking. Close To Glen Abbey Rec Centre, Library, Parks And Trails. About A 5 Minute Drive The New Hospital And Not Far From The Go Station.Great For 1st Time Buyers And Investors. This Condo Is Move In Ready!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-08-03 2022-08-08 5 $499,000 $500,000 Sold
2022-07-13 2022-08-03 21 $499,000 - Terminated
2022-07-05 2022-07-13 8 $569,000 - Terminated
Property Features
Level, Library, Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,822 (2017)
Basement
None
Exterior
Brick Front, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain12.66' x 15.85'Combined W/Dining, Laminate, W/O To Terrace
KitchenMain8.43' x 8.92'B/I Dishwasher, Backsplash
MasterMain9.84' x 11.15'
DenMain8.01' x 8.33'
Oakville Market Statistics
Oakville Price Trend
1490 Bishops Gate 308 is a 1-bedroom 1-bathroom condo listed for sale at $349,000, which is $205,782 (37.1%) lower than the average sold price of $554,782 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Oakville declined by $6,270 (1.1%) compared to the previous 30 day period (February 9 - March 9) and up $16,866 (3.1%) from the same time one year ago.
Inventory Change
There were 52 1-bedroom condos listed in Oakville over the last 30 days (March 10 - April 8), which is up 13.0% compared with the previous 30 day period (February 9 - March 9) and up 136.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Oakville typically sold ($12,064) (2.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $2,043 decrease compared to the previous 30 day period (February 9 - March 9) and $5,684 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Oakville over the last 30 days (March 10 - April 8) stood at 53.8%, down from 71.7% over the previous 30 days (February 9 - March 9) and down from 81.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Oakville stood at 40 days when successfully sold over the last 30 days (March 10 - April 8), compared to 77 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp., Brokerage
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