22-1489 Heritage Way, Oakville, ON

Glen Abbey, Oakville · MLS® W13497866

$1,229,000
For Sale
Listed 20 days ago
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4Bedrooms
4Bathrooms
2Garage · 4 parking
1600-1799Sq Ft

About this home

Welcome to this exceptional executive townhome in the highly sought-after Glen Abbey community, offering luxury, comfort & an incredible premium pie-shaped lot w/an impressive 85-ft-wide backyard. Your private outdoor oasis features a heated saltwater pool, oversized deck w/natural gas BBQ hookup, landscaped gardens, lush lawn, irrigation system & garden shed-perfect for entertaining or relaxing with family. Offering parking for 4 vehicles, including an attached 2-car tandem garage, this home is designed for convenience. The garage features a heater, workshop lighting, garage door opener, additional electrical panel, overhead storage & direct access to both the home and backyard.Inside, the bright open-concept layout showcases a renovated kitchen w/quartz countertops, stainless steel appliances, ceiling speakers & seamless flow into the living & dining areas. W/hardwood & luxury vinyl flooring, newer hardwood stairs, modern trim and baseboards, fresh paint, potights & a cozy gas fireplace complete the stylish interior. The upper level offers 3 spacious bedrooms, including a luxurious primary suite with a walk-in closet & spa-inspired ensuite featuring a double vanity, glass shower & soaker tub. All bathrooms have been beautifully renovated. The finished basement adds valuable living space, a large recreation room, an additional bedroom/office w/hidden sliding pocket doors, a full bathroom & a spacious laundry room w/sound-insulated walls & abundant storage. Loaded w/premium upgrades, this home includes a 2026 A/C, owned tankless water heater, smart thermostat, whole-home surge protector, hardwired Ethernet, central vacuum, upgraded gas line, security cameras, smart lighting, additional heating in the primary bedroom, soffit lighting & ultra-quiet bathroom fans with timers. With low monthly condo fees of just $143.46, this move-in-ready home offers the perfect combination of luxury, space, low-maintenance living in one of Oakville's most desirable neighbourhoods.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13497866
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
1600-1799
Cross streets
Heritage Way & Reeves Gate
Parking
2 garage · 4 parking (attached)
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$143/mo
Exposure
East
Property tax
$4,770 / 2026
Days on market
20
Listing brokerage
ROYAL LEPAGE REALTY PLUS OAKVILLE

Rooms

BathroomSecond2.67 × 1.73 m

4 Pc Bath

Primary BedroomSecond5.97 × 5.03 m

hardwood floor · walk-in closet(s)

BathroomBasement2.79 × 2.41 m

4 pc bath · vinyl floor

RecreationBasement4.29 × 7.57 m

vinyl floor · pot lights

BathroomMain1.04 × 2.52 m

2 Pc Bath

OfficeBasement3.89 × 4.39 m

vinyl floor · pot lights

FoyerMain2.16 × 2.52 m

Vinyl Floor

KitchenMain3.33 × 3.02 m

quartz counter · stainless steel appl · built-in speakers

Bedroom 2Second3.89 × 3.18 m

hardwood floor · large closet · pot lights

Bedroom 3Second3.84 × 3.68 m

hardwood floor · large closet · pot lights

Living RoomMain7.64 × 8.13 m

vinyl floor · pot lights · gas fireplace

BathroomSecond2.92 × 2.87 m

5 Pc Ensuite

Dining RoomMain3.32 × 2.49 m

vinyl floor · pot lights · walk-out

LaundryBasement2.79 × 4.14 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.13Mest. value

Listed at $1,229,000, this home is about 8% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($723/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Glen Abbey, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.16M, a close match.

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 $960K
  • Bedrooms +$30K
  • Adjusts to $990K

That comparable adjusts to $990K; the $1.13M estimate above is the median of all 5 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. Heritage Way + Reeves Gate is about a 1-minute walk away.

List price
$1.05MGreat deal$1.23MOverpriced

Total price vs nearby homes. Fair value about $1.13M, median of 5 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$996kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

17-2006 Glenada Crescent$960k41-300 Ravineview Way$998k22-233 Duskywing Way$975k19-2006 Glenada Crescent$950k15-2189 Postmaster Drive$1.10M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.23MThis home960k998k975k950k1.10MThis home vs active comparables
Live market pulseActive comparables in Oakville · median list $960K
$723this home / sqft
24active listings nearby
20days on market

This home lists 5% above the area average of $688/sqft.

18 days faster than the Oakville average (38 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Glen Abbey, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

56/ 100

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: Heritage Way + Reeves Gate, about 93 m away

20+ transit stops1 grocery10 dining18 parks3 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Westmount
$606K
Bronte
$857K
Glenorchy
$830K
College Park
$694K
River Oaks
$589K

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

Affordability
$5,601/mo
$231KIncome needed
5.3×Price ÷ income
$1,293Weekly cost
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $5,601Property tax $397Condo fee $143Total carry $6,142

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,247per month

Mortgage amount $983,200 · 4.14% over 25 years

$245,800Down payment (20.0%)
$983,200Loan before insurance
$0CMHC premium
$5,787Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,247
Property tax
$398
Condo / maintenance fees
$143
Heating
$0
Estimated monthly cost
$5,787

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$21,055
Estimated closing costs
$21,055

Plus your down payment of $245,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,373/monthPayment at the qualifying rate

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

$590,816Total interest paid
$1,574,016Total of all payments
Principal $983,200 Interest $590,816
YearPrincipalInterestBalance
1$23,033$39,928$960,167
2$23,996$38,964$936,171
3$25,000$37,960$911,170
4$26,046$36,915$885,125
5$27,135$35,825$857,989
6$28,270$34,690$829,719
7$29,453$33,508$800,266
8$30,685$32,276$769,581
9$31,968$30,992$737,613
10$33,306$29,655$704,307
11$34,699$28,262$669,609
12$36,150$26,811$633,459
13$37,662$25,299$595,797
14$39,237$23,723$556,559
15$40,879$22,082$515,680
16$42,589$20,372$473,092
17$44,370$18,591$428,722
18$46,226$16,735$382,496
19$48,160$14,801$334,336
20$50,174$12,787$284,162
21$52,273$10,688$231,889
22$54,459$8,501$177,430
23$56,737$6,224$120,693
24$59,110$3,850$61,583
25$61,583$1,378$0

At the end of your 5-year term

Total paid over the term
$314,803
Principal paid down
$125,211
Interest paid
$189,592
Balance remaining
$857,989

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.

Let's connect

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

Rental yield
Estimate$5,450/mo
$65,400Gross annual rent
4.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

5.3%
Gross yield
− Property tax $4,770− Condo fees $1,716− Insurance $600− Vacancy & upkeep $7,194Net operating income $51,120

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REALTY PLUS OAKVILLE. MLS®/PropTx.

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