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1007 - GA Glen Abbey, Oakville
$1,599,900
Surround Yourself in Nature! Welcome to this exceptional executive family home in Oakville's sought-after Glen Abbey community, backing & siding onto a beautiful RAVINE! Offering 2,705 sq. ft. plus finished basement, this 4+1 bedroom, 3.5 bathroom residence combines elegant living spaces with a stunning natural setting.A grand foyer with elegant curved staircase creates a memorable first impression. The spacious living & dining rooms are ideal for entertaining, beautifully appointed with NEW stunning chandelier & wall sconces.The inviting main floor family room features a cozy gas fireplace with stone façade, wood wainscotting & new broadloom. Swing-door access leads to the spacious kitchen, complete with wood cabinetry, stainless steel appliances and a walk-in pantry. Open to the large breakfast area, perfect for everyday family living. Access backyard via patio doors. Upstairs, retreat to the oversized primary suite featuring double-door entry, a walk-in closet & 4-piece ensuite with soaker tub & separate shower. Three additional generously sized bedrooms& a full main bathroom complete the second level, providing ample space for family & guests. The finished basement offers excellent versatility for multigenerational living, featuring a kitchenette with fridge & microwave, a separate bedroom with two closets, a 3-piece bathroom, an expansive recreation room complete with gas fireplace & wet bar. Embrace the beautiful outdoor setting, featuring an expansive deck, plus a covered area, perennial gardens, all overlooking the ravine-facing backyard, an idyllic setting for outdoor entertaining, dining & relaxing. Enjoy beautiful fall evenings, surrounded by nature. Ideally located close to parks, scenic trails, highway access, top rated schools, shopping and everyday amenities, this is an exceptional opportunity to enjoy the space, comfort & natural beauty of one of Oakville's most established family-friendly neighbourhoods.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,189
- Property tax
- $623
- Heat allowance
- $150
- Housing costs
- $8,962 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$276,000
gross annual household income
- Payment at 4%
- $6,733 / mo
- Cash down
- $319,980
Assumes no other monthly debts · 25-yr amortization
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