6-1489 HERITAGE Way, Oakville, ON

Glen Abbey, Oakville · MLS® W13537934

$989,900
For Sale
Listed 9 days ago
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1400-1599Sq Ft

About this home

Welcome to this exceptional executive townhome nestled in the highly sought-after Glen Abbey community of Oakville. This beautifully maintained two-storey home offers the perfect blend of luxury, comfort, and convenience, featuring 3 spacious bedrooms, 2 full bathrooms, and a convenient powder room.Designed for modern living, the home boasts a functional layout with bright, inviting living spaces, hardwood flooring throughout, an attached garage, and driveway parking, providing a total of two parking spaces. The fully finished basement offers a spacious recreation room with sound-insulated ceiling, a cold room, and additional flexible living space ideal for entertaining, a home office, or family activities.This home has been thoughtfully updated with numerous major improvements, including a roof (2016), driveway (2020), furnace (2023), central air conditioning (2023), and hot water tank (2023), providing peace of mind for years to come. Step outside to enjoy the refinished deck (2024), perfect for relaxing or entertaining. Additional features include California shutters on the patio door and a patio screen door for the upstairs bedroom, adding both style and functionality.Ideally located just minutes from the Glen Abbey Recreation Centre, shopping plazas, public transit, and major highways including the QEW and Highway 403, commuting and everyday errands are effortless. Families will appreciate being within the catchment of highly regarded schools, including Abbey Park High School and St. Bernadette Catholic Elementary School.Enjoy the opportunity to live in one of Oakville's most established and desirable neighbourhoods, known for its excellent amenities, parks, scenic trails, top-rated schools, and welcoming community atmosphere. This move-in-ready home is an outstanding opportunity for families and professionals seeking exceptional quality, thoughtful updates, and an unbeatable location.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13537934
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Heritage Way & Reeves Gate
Parking
1 garage · 2 parking (attached)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$143/mo
Exposure
East
Property tax
$4,055 / 2026
Days on market
9
Listing brokerage
HOME & CAPITAL REALTY INC.

Rooms

BedroomSecond2.57 × 2.89 m

hardwood floor · large window

Living RoomMain3.05 × 5.65 m

hardwood floor · open concept

BathroomSecond0.00 × 0.00 m

4 Pc Bath

Dining RoomMain3.14 × 2.67 m

hardwood floor · open concept

Primary BedroomSecond3.62 × 5.70 m

4 Pc Ensuite

BedroomSecond3.49 × 2.50 m

hardwood floor · large window

KitchenMain2.33 × 3.39 m

open concept · stainless steel appl

BathroomMain0.00 × 0.00 m

2 Pc Bath

RecreationBasement0.00 × 0.00 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

Moe’s TakeTeam Asgarian · Broker
Above comparables
$964Kest. value

Listed at $989,900, this home is about 3% 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 ($660/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 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $924K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $460K
  • Bathrooms +$15K
  • Adjusts to $475K

That comparable adjusts to $475K; the $964K estimate above is the median of all 10 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
$595KGreat deal$990KOverpriced

Total price vs nearby homes. Fair value about $964K, median of 10 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$992kavg asking

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

55-2460 Prince Michael Drive$1.18M15-2189 Postmaster Drive$1.10M86-2350 Grand Ravine Drive$850k56-2272 Mowat Avenue$839k41-300 Ravineview Way$998k

The 5 closest of 8 active listings nearby.

See all comparable homes
990kThis home1.18M1.10M850k839k998kThis home vs active comparables
Live market pulseActive comparables in Oakville · median list $675K
$660this home / sqft
63active listings nearby
9days on market

This home lists 5% above the area average of $629/sqft.

29 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
$4,512/mo
$188KIncome needed
5.3×Price ÷ income
$1,041Weekly 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.

90%mortgage
Mortgage $4,512Property tax $338Condo fee $143Total carry $4,993

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)
$4,226per month

Mortgage amount $791,920 · 4.14% over 25 years

$197,980Down payment (20.0%)
$791,920Loan before insurance
$0CMHC premium
$4,707Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,226
Property tax
$338
Condo / maintenance fees
$143
Heating
$0
Estimated monthly cost
$4,707

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

One-time closing costs

Ontario land transfer tax
$16,273
Estimated closing costs
$16,273

Plus your down payment of $197,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,133/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

$475,874Total interest paid
$1,267,794Total of all payments
Principal $791,920 Interest $475,874
YearPrincipalInterestBalance
1$18,552$32,160$773,368
2$19,328$31,384$754,040
3$20,136$30,575$733,904
4$20,979$29,733$712,925
5$21,856$28,856$691,069
6$22,770$27,941$668,298
7$23,723$26,989$644,576
8$24,715$25,997$619,860
9$25,749$24,963$594,111
10$26,826$23,886$567,285
11$27,948$22,764$539,337
12$29,117$21,595$510,220
13$30,335$20,377$479,885
14$31,604$19,108$448,281
15$32,926$17,786$415,356
16$34,303$16,409$381,052
17$35,738$14,974$345,315
18$37,233$13,479$308,082
19$38,790$11,922$269,292
20$40,413$10,299$228,879
21$42,103$8,609$186,776
22$43,864$6,848$142,912
23$45,699$5,013$97,213
24$47,611$3,101$49,602
25$49,602$1,110$0

At the end of your 5-year term

Total paid over the term
$253,559
Principal paid down
$100,851
Interest paid
$152,708
Balance remaining
$691,069

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$4,750/mo
$57,000Gross annual rent
4.5%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.

5.8%
Gross yield
− Property tax $4,055− Condo fees $1,722− Insurance $600− Vacancy & upkeep $6,270Net operating income $44,353

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOME & CAPITAL REALTY INC.. MLS®/PropTx.

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