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$459K · 1 bed Condo Apartment · Brownridge, Vaughan | MyPropertyScout

$459,000

Unit 608

25 DOM

1125d

Map

⚡ Insider Deal

DOM 25

Estate Sale

$459,000

A●●○○○DOM25days

Unit 608

745 New Westminster Drive · Vaughan · Ontario L4J 8J9

MLS® N13246732 · Brownridge · L4J 8J9

11TenantOccupied500-599 ft²Condo Apartment1-car Underground25d$835/ft²$1,656 tax/yrBuilt 200323 yrs old

17% below market · regional est. · 25 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome To 745 New Westminster Drive - An Excellent Opportunity To Own In A Highly Convenient Thornhill Location! This Clean And Well-Maintained One-Bedroom Suite Offers A Functional Layout With A Quiet East-Facing Exposure Providing Plenty Of Natural Light. Featuring Laminate Flooring Throughout, A Spacious Living And Dining Area, And A Practical Kitchen With Ample Cabinetry And Storage Space. The Generously Sized Bedroom Includes A Large Closet, While The Suite Also Comes Complete With One Und…

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Property details

MLS#: N13246732
Status: Buy Now
Beds: 1
Baths: 1 full, 0 half
Size: 500-599
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 974
Balcony: Open
Locker: Owned
Fees include: Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking 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
Fronting on: —
Cross street: Centre & New Westminster
Basement: None
Stories: 6
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: —

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: FOREST HILL REAL ESTATE INC.

Source: TRREB/PROPTX · MLS® N13246732

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$459K

Unit 608 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $459,000✓ $1,656 tax✓ Gas✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,112/mo

incl. closing costs (yr 1)

Annual total

$49,345

year 1

Mortgage only

$1,741/mo

principal + interest

Beyond mortgage

$1,441/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$91,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$138/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 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%$4,590/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)$41/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,655

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $20,896/yr

Property taxes15% $7,311/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,590/yr

Condo fees12% $5,888/yr

Closing costs10% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,896	$1,741/mo
Government & taxes
Property tax	$1,656	$138/mo
Land transfer tax(closing)	$5,655	$471/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%)	$4,590	$383/mo
Condo fees
Condo / HOA fees	$5,888	$491/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	$49,345	$4,112/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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Unit 608

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs