$1.05M · 2+1 bed Detached Condo · Rural New Tecumseth, New Tecumseth

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About this home

This is a beautiful, open concept bungalow with a south/north orientation presenting the Monticello Grande. The many features this home offers will please the most discerning of buyers; gleaming hardwood throughout the principal main floor areas with ceramic tiles in the kitchen, laundry and bathrooms, extensive granite in the kitchen, extended cabinetry, handy kick plate cvac outlet, insightful drawers at the corner cabinet, vaulted and coffered ceilings, stainless kitchen appliances, walk-out…

Property details

MLS#

N13243180

Status

Buy Now

Beds

2+1

Baths

3 full, 0 half

Size

1600-1799

Style

Bungalow

Type

Detached Condo

Year built

—

Roof: Shingles
Property features: Golf, Clear View, Hospital, Rec./Commun.Centre, Place Of Worship, Library

Fireplaces: 2
Fireplace features: Family Room, Living Room, Natural Gas

View: Clear

Condo corp #: 441
Balcony: Open
Locker: None
Association amenities: BBQs Allowed, Visitor Parking
Fees include: Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 2-car Built-In
Garage spaces: 2
Parking: 4 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Stone, Brick · Deck, Landscaped, Lawn Sprinkler System, Year Round Living, Awnings, Porch, Privacy
Fronting on: —
Cross street: 14th Line/Ponte Vecchio
Basement: Finished
Stories: 1
Utilities: —
Laundry: Laundry Room, Sink
Interior: Air Exchanger, Auto Garage Door Remote, Central Vacuum, Floor Drain, Primary Bedroom - Main Floor, Ventilation System
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Living Room	4.44m × 4.67m
Main	Dining Room	3.08m × 3.58m
Main	Den	3.06m × 3.37m
Main	Kitchen	3.05m × 3.05m
Main	Breakfast	2.91m × 3.05m
Main	Primary Bedroom	3.67m × 4.28m
Main	Laundry	1.85m × 2.28m
Lower	Family Room	4.54m × 7.96m
Lower	Bedroom 2	3.37m × 3.98m
Lower	Bedroom 3	3.06m × 3.41m
Lower	Office	1.58m × 3.01m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,049,000✓ $4,939 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$8,198/mo

incl. closing costs (yr 1)

Annual total

$98,379

year 1

Mortgage only

$3,980/mo

principal + interest

Beyond mortgage

$2,306/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$209,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$412/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 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%$10,490/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)$49/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$17,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)49% $47,755/yr

Property taxes23% $22,394/yr

Utilities4% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance11% $10,490/yr

Condo fees7% $7,080/yr

Closing costs5% $5,100/yr

Mortgage is 49% of your true cost of ownership. The other 51% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$47,755	$3,980/mo
Government & taxes
Property tax	$4,939	$412/mo
Land transfer tax(closing)	$17,455	$1,455/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%)	$10,490	$874/mo
Condo fees
Condo / HOA fees	$7,080	$590/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	$98,379	$8,198/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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110 Ridge Way

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Property details

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Rooms

Sales History

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Annual costs