2480 Prince Michael Drive Unit 428, Oakville

Price: $575,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13783792

Welcome to this stylish suite at the sought-after Emporium in Joshua Creek, where modern finishes, thoughtful amenities and beautiful surroundings come together! This bright and inviting unit features 9' ceilings, an open-concept living and dining area, a modern kitchen with quartz counters, stainless steel appliances and convenient in-suite laundry. The spacious bedroom offers a comfortable retreat, while the private balcony is the perfect place to unwind and take in the surrounding views. Take advantage of a condo that comes with 2 underground parking spaces (owners purchased a 2nd one from the builder). Enjoy an impressive collection of building amenities including an indoor pool, sauna, fitness centre, party room, media/theatre room, guest suites and visitor parking, all complemented by 24-hour concierge service. Ideally situated in Joshua Creek with easy access to the QEW, 403 and 407, plus nearby shopping, restaurants, parks, trails, transit and top tier schools.

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active

$575,000 - 2480 Prince Michael Drive Unit 428, Oakville

Condo for Sale in Oakville

Neighbourhood: 1009 - JC Joshua Creek

2Beds
1Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
W13783792
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Oakville
Taxes (2026)
$2,856
Maintenance Fees
$573/mo
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
Signature Elite Realty Ltd.
Description

Welcome to this stylish suite at the sought-after Emporium in Joshua Creek, where modern finishes, thoughtful amenities and beautiful surroundings come together! This bright and inviting unit features 9' ceilings, an open-concept living and dining area, a modern kitchen with quartz counters, stainless steel appliances and convenient in-suite laundry. The spacious bedroom offers a comfortable retreat, while the private balcony is the perfect place to unwind and take in the surrounding views. Take advantage of a condo that comes with 2 underground parking spaces (owners purchased a 2nd one from the builder). Enjoy an impressive collection of building amenities including an indoor pool, sauna, fitness centre, party room, media/theatre room, guest suites and visitor parking, all complemented by 24-hour concierge service. Ideally situated in Joshua Creek with easy access to the QEW, 403 and 407, plus nearby shopping, restaurants, parks, trails, transit and top tier schools.

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Estimate your monthly payments for this property

Estimated Payment

$2,950.05/mo

Includes CMHC insurance ($16,043)

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5-yr fixed avg.

Principal: $517,500Interest: $351,472
Mortgage Amount$533,543
Total Interest$351,472
Est. Property Tax$407/mo
Total Cost$885,014

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

2480 Prince Michael Drive Unit 428, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$573
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,100

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 $821/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.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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. The $573/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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