55-2460 Prince Michael Drive, Oakville, ON
Joshua Creek, Oakville · MLS® W13238894
About this home
Luxurious Executive 3-Bedroom, 3-Washroom Townhome with a Double Car Garage, ideally located in the highly sought-after Joshua Creek neighborhood. This beautifully maintained home features a bright and spacious open-concept living, dining, and kitchen area, perfect for both everyday living and entertaining. The living and dining space walks out to a huge private terrace complete with a gas hookup for BBQs and outdoor gatherings. The modern kitchen is equipped with stainless steel appliances, granite countertops, and ample cabinetry. The second level boasts a spacious primary retreat featuring a walk-in closet, a 4-piece ensuite, and a walkout to a private balcony. Two additional generously sized bedrooms offer double closets and plenty of natural light. Convenient second-floor laundry with front-loading washer and dryer adds to the home's functionality. The basement level features a generous recreation room with direct access to the double garage, providing flexible space for a family room, home office, or gym. Enjoy a prime location close to Highways 403 and QEW, top-rated schools, Oakville Hospital, restaurants, shopping, and parks. Exterior maintenance, including lawn care and snow removal, is handled by the condominium corporation for worry-free living. Residents also enjoy access to excellent building amenities including an outdoor pool, fitness center, and party room. A perfect blend of luxury, comfort, and convenience in one of Oakville's most desirable communities.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- W13238894
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599
- Cross streets
- Dundas/Ninth Line
- Parking
- 2 garage (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $161/mo
- Exposure
- North
- Property tax
- $5,387 / 2026
- Days on market
- 43
- Listing brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
Rooms
laminate · double closet
laminate · w/o to balcony
laminate · w/o to balcony · 4 pc ensuite
laminate · b/i closet · w/o to garage
laminate · open concept
laminate · double closet
laminate · granite counters · stainless steel appl
Listing history
- Jul 17, 2026Listed$3,990
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $1,175,000, this home is about 32% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Joshua Creek, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $998K
- Bathrooms −$15K
- Adjusts to $983K
That comparable adjusts to $983K; the $891K estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Dundas St. East and Prince Michael Dr. is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $891K, median of 7 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Weigh carefully
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 25% above the area average of $628/sqft.
5 days longer than the Oakville average (38 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Joshua Creek, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Dundas St. East and Prince Michael Dr., about 195 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Oakville.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $940,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,016
- Property tax
- $449
- Condo / maintenance fees
- $161
- Heating
- $0
- Estimated monthly cost
- $5,626
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,975
- Estimated closing costs
- $19,975
Plus your down payment of $235,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $300,971
- Principal paid down
- $119,709
- Interest paid
- $181,262
- Balance remaining
- $820,291
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP REALTY SYSTEMS INC.. MLS®/PropTx.