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    1480 Bishops Gate & 1490 Bishops Gate

    Abbey Oaks III Condos
    0for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    4
    Number of Units:
    128
    Condo Completion:
    2004
    Condo Demand:
    Medium
    Unit Size Range:
    493 - 1,494 SQFT
    Unit Availability:
    Medium

    Listing History for Abbey Oaks III Condos

    Receive listing updates for Glen Abbey

    Amenities

    BBQ
    Rec Room
    Security System
    Gym Room
    Indoor Parking
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1480 Bishops GateAbbey Oaks III Condos

    Abbey Oaks III Condos was completed in 2004 by Sutherland Development Group. While some buyers associate high maintenance fees with older buildings, maintenance fees at 1490 Bishops Gate, 1480 Bishops Gate are only $0.73 per-square-foot. These Glen Abbey condos for sale offer floor plans that are more spacious than most modern condos; there are 128 suites in this 4-storey residence, and units range from 493 square feet to 1494 square feet.

    Maintenance fees are $0.73 per-square-foot, which is higher than the neighbourhood average of $0.61 per-square-foot.

    The Suites

    On average, units at 1490 Bishops Gate, 1480 Bishops Gate sell -3.81% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $655 and units sell with 32 days on market on average. Over the past 12 months, 9 have sold and 10 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Pizza Pizza, Big Grill Shawarma and Kebobs and Tim Hortons are all within 9 minutes walking distance from 1490 Bishops Gate, 1480 Bishops Gate. Get to know Glen Abbey by exploring local cafes like McDonald's and Starbucks.

    Abbey Oaks III Condos is a great choice for residents who are money conscious — with banks like Td Bank Financial Group and Scotiabank nearby.

    Having McCraney Creek Trail, Nightingale Woods and Glen Abbey trails within 14 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    There are plenty of nearby school choices — West Oak Public School, St. Teresa of Calcutta Catholic Elementary School and St. Bernadette Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Abbey Park High School, St. Ignatius of Loyola Catholic Secondary School and Garth Webb Secondary School can be reached by car in under 4 minutes.

    Transportation

    Taking public transit? The nearest light transit stop is Dundas St West + 3rd Line.

    Curious about similar condos in the area? Check out 1460 Bishops Gate, 1470 Bishops Gate and 1440 Bishops Gate — all within walking distance.

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    Listings For Rent

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    Explore Neighbourhood

    3/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,522
    Average Individual Income
    $78,748
    Average Household Size
    2 persons
    Average Age
    42
    Average Household Income
    $127,214
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    20%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    37%
    $30,000+
    23%
    $60,000+
    19%
    $90,000+
    11%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    60%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    High Rise Apartment
    5%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    95%
    Other
    4%
    Punjabi
    1%
    Education
    University and Above
    29%
    High School
    27%
    College
    22%
    None
    12%
    Apprenticeship
    6%
    Major Field of Study
    Business Management
    21%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    10%
    Education
    7%
    Personal, Protective & Transportation Services
    6%
    Visual & Performing Arts
    5%
    Humanities
    4%
    Math & Computer Sciences
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    2%

    Maintenance Fees

    Abbey Oaks III Condos vs The Glen Abbey Area

    Days on Strata

    Units at Abbey Oaks III Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Glen Abbey

    Turnover of Units

    On average, each unit is owned for
    2.6
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 20 condos in the Glen Abbey area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Abbey Oaks III Condos offers the
    ?
    best value out of 20 condos in the Glen Abbey neighbourhood

    Appreciation Rank

    Abbey Oaks III Condos has the
    ?
    highest ROI out of 20 condos in the Glen Abbey neighbourhood

    Rental Yield

    Abbey Oaks III Condos yields the
    ?
    highest rent prices out of 20 condos in the Glen Abbey neighbourhood

    High Demand

    Abbey Oaks III Condos is the
    ?
    most popular building out of 20 condos in the Glen Abbey neighbourhood

    Transaction Insights at 1480 Bishops Gate

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$420,000 - $570,000$480,000 - $515,000$610,000 - $611,000No Data$665,000 - $688,000
    Avg. Cost Per Sqft$682$707$735No Data$547
    Avg. Wait for Unit Availability163 Days147 Days83 Days644 Days288 Days
    Ratio of Units in Building26%20%43%3%11%

    Unit Sales vs Inventory

    Total number of units listed and sold in Glen Abbey