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| Parking Included | |
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206 - 1440 Bishops Gate
1007 - GA Glen Abbey, Oakville
$459,888
Welcome to 1440 Bishops Gate in Oakville's Glen Abbey community. This bright 1-bedroom plus den condo offers a practical, open-concept layout with laminate flooring throughout the living area. The kitchen features a breakfast bar and plenty of cupboard space, while the den offers flexibility for a home office, dining nook or hobby space. A comfortable primary bedroom, in-suite laundry and a private balcony complete the suite. Well suited to first-time buyers or those looking to downsize, with shopping, restaurants, parks, walking trails and public transit nearby, plus convenient access to major highways.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,354
- Property tax
- $171
- Heat allowance
- $150
- Condo fees, half counted
- $323
- Housing costs
- $2,997 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$92,000
gross annual household income
- Payment at 4%
- $1,935 / mo
- Cash down
- $91,978
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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