$765K · 2 bed Condo Apartment · Bayview Wellington, Aurora

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About this home

Stunning penthouse 2-bedroom, 2-bathroom residence, offering sought-after western exposure with breathtaking views over park and greenery. Located in the desirable Ridgewood 2 Condominium, this unit combines luxury finishes with functional design. Features include granite countertops, under-mount cabinet lighting, a custom granite desk, and a spacious kitchen complemented by 10-foot smooth ceilings. Enjoy seamless indoor-outdoor living with a private 251 sq ft balcony spanning the entire unit, c…

Property details

MLS#

N13242874

Status

Buy Now

Beds

Baths

2 full, 0 half

Size

800-899

Style

Apartment

Type

Condo Apartment

Year built

—

Condo corp #: 1256
Balcony: Open
Locker: Owned
Fees include: Common Elements Included, Building Insurance Included, Parking Included, Heat Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick · Awnings, Deck
Fronting on: —
Cross street: John West Way/Wellington
Basement: None
Stories: 6
Utilities: —
Laundry: Ensuite, Laundry Closet
Interior: Air Exchanger
Parking features: —

Level	Room	Dimensions
Flat	Living Room	3.13m × 7.04m
Flat	Dining Room	3.13m × 7.04m
Flat	Kitchen	3.58m × 2.68m
Flat	Bedroom 2	2.86m × 3.54m
Flat	Primary Bedroom	2.98m × 3.8m

Level

Room

Dimensions

Flat

Living Room

3.13m × 7.04m

Flat

Dining Room

3.13m × 7.04m

Flat

Kitchen

3.58m × 2.68m

Flat

Bedroom 2

2.86m × 3.54m

Flat

Primary Bedroom

2.98m × 3.8m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $765,000✓ $4,118 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,535/mo

incl. closing costs (yr 1)

Annual total

$78,424

year 1

Mortgage only

$2,902/mo

principal + interest

Beyond mortgage

$2,194/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$153,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$343/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,650/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$65/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$11,775

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $34,826/yr

Property taxes20% $15,893/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $7,650/yr

Condo fees12% $9,395/yr

Closing costs7% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$34,826	$2,902/mo
Government & taxes
Property tax	$4,118	$343/mo
Land transfer tax(closing)	$11,775	$981/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,650	$638/mo
Condo fees
Condo / HOA fees	$9,395	$783/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$78,424	$6,535/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Annual costs