$698K · 2+2 bed Condo Townhouse · Arva, Middlesex Centre

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About this home

Where country serenity meets city convenience. Welcome to King's Gate on the Park, nestled in the sought-after Arva enclave. This updated end unit offers 2+2 bedroom, 3-bathroom bungalow townhome offers effortless one-floor living, within steps to the scenic greenery of Weldon Park. Designed with both style and practicality in mind, the main level features hardwood floors, tray ceilings, main-floor laundry, and a versatile den that can be enclosed for a second bedroom. The open-concept living sp…

Property details

MLS#

X12908068

Status

Buy Now

Beds

2+2

Baths

3 full, 0 half

Size

1200-1399

Style

Bungalow

Type

Condo Townhouse

Year built

—

Roof: Shingles
Foundation: Poured Concrete
Property features: Library

Fireplaces: 1
Fireplace features: Natural Gas, Living Room

Condo corp #: 618
Balcony: None
Locker: None
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 2-car Attached
Garage spaces: 2
Parking: 4 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick · Deck
Fronting on: —
Cross street: Richmond Street
Basement: Full, Finished
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Other
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Living Room	3.63m × 4.5m
Main	Dining Room	3.56m × 4.28m
Main	Kitchen	2.4m × 3.72m
Main	Kitchen	5.12m × 3.72m
Main	Primary Bedroom	3.04m × 4.96m
Main	Den	2.65m × 4.6m
Main	Bathroom	—
Main	Bathroom	—
Lower	Family Room	5.44m × 9.12m
Lower	Bedroom	3.78m × 4.1m
Lower	Bedroom	3.9m × 7.2m
Lower	Bathroom	—

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $698,000✓ $3,787 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,718/mo

incl. closing costs (yr 1)

Annual total

$68,618

year 1

Mortgage only

$2,648/mo

principal + interest

Beyond mortgage

$1,742/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$139,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$316/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 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%$6,980/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)$35/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,435

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $31,776/yr

Property taxes21% $14,222/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,980/yr

Condo fees7% $4,980/yr

Closing costs7% $5,100/yr

Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,776	$2,648/mo
Government & taxes
Property tax	$3,787	$316/mo
Land transfer tax(closing)	$10,435	$870/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%)	$6,980	$582/mo
Condo fees
Condo / HOA fees	$4,980	$415/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	$68,618	$5,718/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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Property details

Rooms

Sales History

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Annual costs