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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W13873082For SaleCondo Townhouse

56-1489 Heritage Way

Glen Abbey, Oakville, Ontario L6M 4M7

Map
1 / 20
56-1489 Heritage Way, Oakville, photo 1
Asking$679,000
Bedrooms
1+1
Bathrooms
2
Size
1,200–1,399sq ft
Per sq ft
$523at the range’s middle
Tax a year
$3,9392025 tax year
Built
16-30
Parking
1none
Days on market
Members

The brief

About 56-1489 Heritage Way

56-1489 Heritage Way is a 1+1-bedroom, 2-bathroom condo townhouse in Glen Abbey, Oakville, listed for sale at an asking price of $679,000 (MLS® W13873082).

Welcome to Glen Abbey, one of Oakville's most desirable communities. This spacious 1+1 bedroom, 2 full bathroom stacked townhouse offers a bright, functional layout with large windows, modern finishes, and exceptional versatility. The main level features laminate flooring, an open and inviting living space, a generous bedroom, and convenient dual-entry access from both the front and rear. The rear entrance opens directly to the private driveway, adding everyday convenience. The finished lower level offers a second bedroom, full bathroom, and an impressive family room ideal for entertaining, movie nights, a children's play area, or a spacious executive home office. Set within a well-maintained, family-friendly complex with mature landscaping, this home is minutes from top-rated schools, parks, trails, golf, shopping, restaurants, transit, the QEW, and approximately 10 minutes from the GO Station. An excellent opportunity for first-time buyers, downsizers, or investors looking to own in the heart of Glen Abbey.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,369/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 9 homes with 2 bedrooms for lease in Glen Abbey right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,939 / 2025
MLS® number
W13873082
Board
TRREB MLS®
Property Type
Condo Townhouse
Building Age
16-30
Days on market
Size
1200-1399 sqft
Listed on
Parking
None, 1 Parking
Listing brokerage: ROYAL LEPAGE TERREQUITY REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
Stacked Townhouse
Community
Glen Abbey
Municipality
Oakville

Building

Size
1200-1399 sqft
Building Age
16-30
Construction
Brick

Inside

Bedrooms
1+1
Bathrooms
2
Bathroom Details
1 × 3pc Main, 1 × 3pc Lower
Basement Type
Finished
Kitchens
1

Parking

Garage Type
None
Additional Parking
1
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Foundation
Block, Poured Concrete, Stone
Roof
Shingles
Fireplace
No
Den
No
Family room
No
Extras
Inclusions: Fridge, Stove, Dishwasher, Elfs, All Window Trts, Washer, Dryer.
Condo maint.
$143

Rooms

RoomSizeFeaturesLevel
Great Rm4.08 × 5.2 mLaminate, WindowMain
Kitchen2.8 × 4.3 mLaminate, Breakfast Bar, Double SinkMain
Primary3.7 × 3.95 mLarge Window, Laminate, Double ClosetMain
2nd Br3.01 × 3.52 mBroadloomBsmt
Rec3.6 × 4.85 mBroadloomBsmt
Office3.32 × 4.27 mBroadloomBsmt

Listing history

Buy/sell history for 56-1489 Heritage Way, Oakville, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$679,000N/AFor SaleW13873082

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $135,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$135,800
Total mortgage amount
$543,200
Total interest payment
$386,200
Total purchase cost
$1,065,200
Mortgage payment
$3,098/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

55%

Monthly carrying cost

$3,569
−$1,369per month
  • Rent $2,200
  • Shortfall $1,369

Rental income opens at $2,200, the median asking rent of 9 comparable homes for lease in Glen Abbey. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$10,055
Total land transfer tax
$10,055
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$6,055
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $679,000
$5,580
Ontario total
$10,055

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 6 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 8.1 kmTransit stop within 400 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Oakville Hydro Electricity Distribution Inc.Wired internet 50/10 Mbps or faster is listed at a household 80 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 8.1 km8.1 km

Province of Ontario open data

Around the home2

  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 90 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Municipal transit open data · Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Regional Municipality of Halton — Mid-Halton Wastewater Treatment Plant, 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Oakville Hydro Electricity Distribution Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications, Standard Broadband. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Conservation Haltonor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Town of Oakville.

The market

Condos for sale in Glen Abbey right now

For sale now
5
Median asking price
$799K

Middle half: $679K to $1000K

New in 7 days
0

0 in 28 days

Price cuts
40%

2 listings

This home is asking 15% below the median.

See all homes in Glen Abbey

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Bronte GOGO Transit train: Lakeshore West2.4 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Heritage Glen Public SchoolHalton DSBPublic · grades JK–8 · French Immersion350 m87%Grade 6 average
St. Bernadette Catholic Elementary SchoolHalton CDSBCatholic · grades JK–8600 m78%Grade 6 average
St. Joan of Arc Catholic Elementary SchoolHalton CDSBCatholic · grades JK–81.1 km87%Grade 6 average
École élémentaire Patricia-PicknellConseil scolaire ViamondeFrench-language public · grades JK–64.2 km79%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Garth Webb Secondary SchoolHalton DSBPublic · grades 9–12 · French Immersion950 m84%Grade 9 math
Abbey Park High SchoolHalton DSBPublic · grades 9–121 km89%Grade 9 math
St. Ignatius of Loyola Catholic Secondary SchoolHalton CDSBCatholic · grades 9–12 · French Immersion1.9 km78%Grade 9 math
ÉSC Sainte-TrinitéConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–122.4 km84%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Glen Abbey are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record