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              #510 2480 Prince Michael Dr

              near Dundas / Prince Michael
              $789,990 2+0bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $88,960
              Population Age
              38 y/old
              School Score
              8.65/10
              Price Index Change 1y
              +13.89%
              Price Index Change 3y
              +2.02%
              Rent Index Change 1y
              +1.91%
              Rent Index Change 3y
              +7.92%

              Condo Apt • Apartment #510 • 5 Level

              #510 2480 Prince Michael Dr, Iroquois Ridge North, Oakville
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 2.0 Undergrnd
              • exposure Nw
              • age n/a
              • locker Owned
              • possession

                Immediate09

              $789,990

              $3,038.00
              Tax yr: 2019

              $660.95/m

              CALCULATED NUMBERS:

              $2964.00

              calculator

              $2797

              3

              48 Car-Dependent

              32 Some Transit

              74 Very Bikeable

              8.65/10

              Location Details
              • Halton

              • Oakville

              • Iroquois Ridge North

              • Dundas / Prince Michael

              • L6H0E9

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              CITYSCAPE REAL ESTATE LTD., BROKERAGE

              Property Overview
              Stunning 2-Bedroom, 2 Bathroom Corner Suite With 2 Balconies And 2 Parking Spots In The Sought After Emporium Building In Joshua Creek! Great Location , Close To Shopping & Highways. Building Has Many Amenities And 24 Hour Concierge. Nine Foot Ceilings, Floor To Ceiling Windows, Engineered Hard Wood Floor, Quartz Counters And Extended Cabinet Height!
              Extras: D/W, Microwave Hood Fan, Fridge, Stove, Washer & Dryer, All Window Coverings.
              Rooms details
              Kitchen
              • Main Level
              • Quartz Counter
              • Backsplash
              • Stainless Steel Appl
              • Size 2.89x2.43
              Living
              • Main Level
              • Combined W/Dining
              • Window Flr To Ceil
              • Balcony
              • Size 6.67x4.90
              Master
              • Main Level
              • 3 Pc Ensuite
              • W/I Closet
              • Balcony
              • Size 4.02x3.23
              2nd Br
              • Main Level
              • Closet
              • Window
              • Size 3.07x3.38
              Basement
              • None
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              • Listing added to site: 2020-10-16 00:54:13
              • Last updated: 2020-10-16 00:54:12
              • Photos updated: 2020-10-15
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              510 2480 Prince Michael Dr is a condo apt apartment, located in Iroquois Ridge North of city of Oakville, Halton region, near Dundas / Prince Michael, and has been available for sale on CondosDirect since 2020-10-16. This unit is located at level 5 of the building and has North-West exposure of Prince Michael Dr. Condo registry office is HSCP, corporation number 640.

              Lot Size and Living Area:

              510 2480 Prince Michael Dr has 2+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1000-1199 square feet. The locker is owned. An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Other, the heat type is Other and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following possible sellers motivation indicators: Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              510 2480 Prince Michael Dr condo apt is listed for $789,990. Property tax for year 2019 was $3,038. And the monthly maintenance fee was $661.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,964, and total expenses, including the mortgage, property tax and maintenance, fee around $3,272, assuming $789,990 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 510 2480 Prince Michael Dr, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Iroquois Ridge North, where 2480 Prince Michael Dr is located, has $1,289,493 Home Price Index, and $3,367 Home Rent Index. Average household income at dissemination area of 2480 Prince Michael Dr is $88,960, and average polulation age is 38 years old.
              Average Home Price Index among 14 evaluated neighborhoods in city of Oakville is $1,177,290, and average Home Rent Index $3,124.

              Similar Properties & Community Details:

              There are similar to 510 2480 Prince Michael Dr 2 bedr condo apt condos listed For Sale and For Rent in city of Oakville.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 2480 Prince Michael Dr.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Iroquois Ridge North neighborhood in city of Oakville.

              Schools:

              There are at least 4 school(s) located near 2480 Prince Michael Dr, or schools, which boundaries this address belongs to with an average School Score 8.65 out of 10. Here are more details about these schools:
              1. Munn's Public School, Public, Elementary, ranked as Excellent.
              2. Joshua Creek Public School, Public, Elementary, ranked as Excellent.
              3. Iroquois Ridge High School, Public, Secondary, ranked as Excellent.
              4. Falgarwood Public School, Public, Elementary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 48, 32, and 74 accordingly, location of 2480 Prince Michael Dr overall can be described as Car-Dependent, Some Transit, and Very Bikeable.

              Iroquois Ridge North, Oakville Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Oakville Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (67 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 1 to 2 properties like that to be sold in Iroquois Ridge North during the next 30 days.
              Seasonal sales fluctuation is showing -45% inventory decline comparing to the average annual number, which is equvalent to 1.83 properties sold per month, and 20% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 5 days, which is 7 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing -60% D.O.M. decrease comparing to the average annual number, which is equvalent to 29 D.O.M., and 19% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 2.46% above its asking price in Iroquois Ridge North.
              The selling to asking price ratio is growing in Iroquois Ridge North.
              This property has been on the market for less than average number of days it takes a home to sell in Iroquois Ridge North (11.7) .
              510 2480 Prince Michael Dr Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Iroquois Ridge North, Oakville, to the City of Oakville for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +13.89% comparig to the City of Oakville average of +16.035%

              Price Index 3y

              Price Index change was +2.02% comparig to the City of Oakville average of -0.975%

              Rent Index 1y

              Rent Index change was +1.91% comparig to the City of Oakville average of +2.4%

              Rent Index 3y

              Rent Index change was +2.02% comparig to the City of Oakville average of -0.975%

              Walkscore

              Walkscore 48 out of 100 means Car-Dependent

              Transitscore

              Transitscore 32 out of 100 means Some Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.65 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $10,600 Cashback
              $709,000
              2+1br 2ba 1000-1199sf

              Prop Tax

              $2,806

              Condo Fee

              $568

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              51

              Compare n/a

              $11,100 Cashback
              $739,999
              2br 2ba 1000-1199sf

              Prop Tax

              $3,316

              Condo Fee

              $810

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              64

              Compare$749,168

              Sold Cnd
              $889,000
              2br 2ba 1400-1599sf

              Prop Tax

              $3,742

              Condo Fee

              $1012

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              69

              Compare n/a

              $11,500 Cashback
              $764,900
              2+1br 2ba 1000-1199sf

              Prop Tax

              $3,578

              Condo Fee

              $620

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              10

              Compare n/a

              $9,700 Cashback
              $649,000
              2+1br 2ba 700-799sf

              Prop Tax

              $2,669

              Condo Fee

              $567

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              77

              Compare$572,052

              Sold Cnd
              $935,000
              2+1br 2ba 1200-1399sf

              Prop Tax

              $3,891

              Condo Fee

              $820

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              48

              Compare$824,079

              $10,400 Cashback
              $690,000
              2br 2ba 1000-1199sf

              Prop Tax

              $3,575

              Condo Fee

              $867

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              50

              Compare n/a

              $9,600 Cashback
              $639,000
              2+1br 2ba 800-899sf

              Prop Tax

              $2,526

              Condo Fee

              $636

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              77

              Compare$587,250

              Price -$50980
              $749,000
              2br 2ba 1000-1199sf

              Prop Tax

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              Condo Fee

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              WalkScore

              50

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              $720,000
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              Condo Fee

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              76

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              $829,900
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              77

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