2470 Prince Michael Drive Unit 712, Oakville

Price: $849,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13149084

Large, unique condo offering a true penthouse feel with a functional, well-designed layout. Features a spacious den with full privacy, complete with a larger window, making it ideal as a third bedroom.Enjoy a beautiful balcony with unobstructed southeast views. This bright corner unit is enhanced by high ceilings and large windows, showcasing breathtaking views of Lake Ontario and the Toronto skyline.The kitchen is both spacious and practical, featuring stainless steel appliances and granite countertops. Includes 2 parking spaces and 1 locker.A must-see!

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$849,000 - 2470 Prince Michael Drive Unit 712, Oakville

Condo for Sale in Oakville

48 days on market

Neighbourhood: 1009 - JC Joshua Creek

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13149084
Property Type
Condo
Status
active
Days on Site
48
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
Royal LePage Real Estate Associates
Description

Large, unique condo offering a true penthouse feel with a functional, well-designed layout. Features a spacious den with full privacy, complete with a larger window, making it ideal as a third bedroom.Enjoy a beautiful balcony with unobstructed southeast views. This bright corner unit is enhanced by high ceilings and large windows, showcasing breathtaking views of Lake Ontario and the Toronto skyline.The kitchen is both spacious and practical, featuring stainless steel appliances and granite countertops. Includes 2 parking spaces and 1 locker.A must-see!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

$
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5%10%50%

5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 1009 - JC Joshua Creek

Discover 1009 - JC Joshua Creek

1009 - JC Joshua Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 1009 - JC Joshua Creek

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

1009 - JC Joshua Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2470 Prince Michael Drive Unit 712, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$1,332

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $849/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 48 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

About 1009 - JC Joshua Creek

I know 1009 - JC Joshua Creek well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    2470 Prince Michael Drive Unit 712 | $849,000 | Battaglia Team