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1007 - GA Glen Abbey, Oakville
$1,799,000
Location, Location, Location!! Glen Abbey community! With approximately 4,000 square feet of living space, this residence offers four spacious bedrooms+1 Bedroom in basement, and 4 bathrooms. The large primary bedroom features a four-piece ensuite and two generous closets, providing ample storage and comfort. Hardwood flooring and crown mouldings on both main floor and second levels throughout, The main floor boasts a convenient laundry room with garage access. A good size family room features fireplace and a convenient wet bar with sink, perfect for relaxation. The heart of the home is the conveniently functional layout designed kitchen with water filtration system., which flows seamlessly to a private fenced backyard perfect for outdoor gatherings and play. Situated on an oversized lot measuring approximately 50 x 122 feet, this property offers plenty of room for gardening and outdoor activities. The neighborhood is known for its family-friendly atmosphere, with excellent schools (Abbey Park HS & Pilgrim Wood PS), shopping, Go-Train access, walking trails, parks, and a recreation center all just in a walking distance. 5 min drive to QEW/403 and hospital.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,208
- Property tax
- $572
- Heat allowance
- $150
- Housing costs
- $9,930 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$306,000
gross annual household income
- Payment at 4%
- $7,570 / mo
- Cash down
- $359,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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