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$550K · 2 bed Condo Apartment · Headon, Burlington | MyPropertyScout

$550,000

Unit 16

146 DOM

22146d

Map

⚡ Insider Deal

DOM 146

↓ $39,000Price ReducedMotivated Seller/Vacant PropertyEstate Sale

$550,000

DOM146days

Unit 16

3050 Pinemeadow Drive · Burlington · Ontario L7M 3X5

MLS® W12758222 · Headon · L7M 3X5

22Vacant1200-1399 ft²Condo ApartmentNone146d$423/ft²$2,818 tax/yrBuilt 198541 yrs old

146 days on market

About this home

Welcome to "The Enclave South"! This very desirable, quiet condo is located in a mature Burlington community close to everything! This unit is ideally located just one floor up and nice and close to the exclusive parking space. There's also plenty of visitors parking. The corner unit boasts2 bedrooms, 2 full bathrooms, laundry room and oversized balcony! Lots of natural light flows into the open concept living/dining/ kitchen area. The refreshed kitchen offers plenty of classic white cabinets, a…

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Property details

MLS#: W12758222
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 1200-1399
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Condo corp #: 198
Balcony: Open
Locker: None
Fees include: Common Elements Included, Building Insurance Included, Water Included, Parking Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Guelph Line
Basement: None
Stories: 2
Utilities: —
Laundry: In-Suite Laundry
Interior: Primary Bedroom - Main Floor, Water Heater Owned
Parking features: Surface

Rooms

Level	Room	Dimensions
Main	Kitchen	3.2m × 2.77m
Main	Living Room	3.1m × 10.2m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Royal LePage NRC Realty

Source: TRREB/PROPTX · MLS® W12758222

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$550K

Unit 16 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $550,000✓ $2,818 tax✓ Electric✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,885/mo

incl. closing costs (yr 1)

Annual total

$58,625

year 1

Mortgage only

$2,087/mo

principal + interest

Beyond mortgage

$1,718/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$110,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$235/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,300 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

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%$5,500/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)$60/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $25,038/yr

Property taxes18% $10,293/yr

Utilities4% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,500/yr

Condo fees15% $8,634/yr

Closing costs9% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,038	$2,087/mo
Government & taxes
Property tax	$2,818	$235/mo
Land transfer tax(closing)	$7,475	$623/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,500	$458/mo
Condo fees
Condo / HOA fees	$8,634	$719/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	$58,625	$4,885/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 16

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs