2480 Prince Michael Drive Unit 706, Oakville

Price: $779,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13588256

Discover a rare opportunity to own one of the most desirable courtyard suites at the emporium - a residence celebrated for it's spacious layout, 10-foot ceilings, clear view of lake Ontario and elegant finishes. This immaculate 2-bedroom + den (ideal as a home office or formal dining room), 2-bathroom suite showcases pride of ownership throughout. Enjoy tranquil courtyard views that evoke the charm of a quiet residential street, creating a peaceful and inviting setting. Designed for both comfort and convenience, this exceptional offering includes two parking spaces and one storage locker - a rare combination that enhances everyday living. Nestled in a serene enclave while offering easy access to highways 403 and 407, excellent schools, shopping, dining, and everyday amenities, this home is perfectly suited for professionals, downsizers, or anyone seeking a sophisticated, low-maintenance lifestyle. A rare opportunity to own a refined residence that offers space, serenity, and an exceptional location. Come experience why this courtyard suite is truly one of the emporium's finest and breathtaking view of Lake Ontario.

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$779,000 - 2480 Prince Michael Drive Unit 706, Oakville

Condo for Sale in Oakville

33 days on market

Neighbourhood: 1009 - JC Joshua Creek

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13588256
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REALTY CENTRE
Description

Discover a rare opportunity to own one of the most desirable courtyard suites at the emporium - a residence celebrated for it's spacious layout, 10-foot ceilings, clear view of lake Ontario and elegant finishes. This immaculate 2-bedroom + den (ideal as a home office or formal dining room), 2-bathroom suite showcases pride of ownership throughout. Enjoy tranquil courtyard views that evoke the charm of a quiet residential street, creating a peaceful and inviting setting. Designed for both comfort and convenience, this exceptional offering includes two parking spaces and one storage locker - a rare combination that enhances everyday living. Nestled in a serene enclave while offering easy access to highways 403 and 407, excellent schools, shopping, dining, and everyday amenities, this home is perfectly suited for professionals, downsizers, or anyone seeking a sophisticated, low-maintenance lifestyle. A rare opportunity to own a refined residence that offers space, serenity, and an exceptional location. Come experience why this courtyard suite is truly one of the emporium's finest and breathtaking view of Lake Ontario.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,996.67/mo

Includes CMHC insurance ($21,734)

$
$
5%10%50%

5-yr fixed avg.

Principal: $701,100Interest: $476,168
Mortgage Amount$722,834
Total Interest$476,168
Est. Property Tax$552/mo
Total Cost$1,199,002

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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 706, 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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$552
Insurance (est.)-$162
Net Cash Flow+$1,396

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

Competitive Pricing

At $779/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 33 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. 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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    2480 Prince Michael Drive Unit 706 | $779,000 | Battaglia Team