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$749K · 2 bed Condo Apartment · Elora/Salem, Centre Wellington | MyPropertyScout

$749,000

Unit 102

22OwnerOccupied

Map

$749,000

Unit 102

Elora Heights Stage I · 23 Stumpf Street · Centre Wellington · Ontario N0B 1S0

MLS® X13062638 · Elora/Salem · N0B 1S0

22OwnerOccupied1400-1599 ft²Condo Apartment1-car Underground$499/ft²$5,375 tax/yrBuilt 20188 yrs old

Neighbourhood Range

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About this home

Spacious, Bright, Oversize Condo at Elora Heights! Those who've seen other condos in this building say "WOW" when they get to this one. Truly oversized, the photos do not lie. Bright open carpet-free living areas that flow together well, both in colour and dimension. Enter without stepping on the elevator into this feast for the eyes. From the foyer, notice the study/family room with double frosted glass doors to the right and a plus-size pantry to the left. Straight ahead, the bright white kitc…

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Property details

MLS#: X13062638
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 1400-1599
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Roof: Asphalt Shingle
Foundation: Poured Concrete
Property features: Arts Centre, Hospital, Library, Park, Rec./Commun.Centre, River/Stream

Building name: Elora Heights Stage I
Condo corp #: 240
Balcony: Terrace
Locker: Exclusive
Association amenities: Elevator, Exercise Room, Game Room, Party Room/Meeting Room, Recreation Room, Visitor Parking
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, CAC Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Heat Pump
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Stone
Fronting on: —
Cross street: Geddes St
Basement: None
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Primary Bedroom - Main Floor
Parking features: Mutual, Surface

Rooms

Level	Room	Dimensions
Main	Kitchen	4.37m × 2.77m
Main	Dining Room	4.37m × 2.67m
Main	Living Room	4.37m × 4.45m
Main	Family Room	4.42m × 3m
Main	Primary Bedroom	3.96m × 5.52m
Main	Bathroom	2.16m × 2.59m
Main	Bedroom 2	4.27m × 4.78m
Main	Bathroom	2.03m × 2.59m
Main	Pantry	2.52m × 2.72m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Keller Williams Home Group Realty

Source: TRREB/PROPTX · MLS® X13062638

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$749K

Unit 102 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $749,000✓ $5,375 tax✓ Electric✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,497/mo

incl. closing costs (yr 1)

Annual total

$77,970

year 1

Mortgage only

$2,841/mo

principal + interest

Beyond mortgage

$2,243/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$149,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$448/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,500 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%$7,490/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)$72/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$11,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $34,098/yr

Property taxes22% $16,830/yr

Utilities3% $2,460/yr

Insurance & security2% $1,600/yr

Maintenance10% $7,490/yr

Condo fees13% $10,392/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)	$34,098	$2,841/mo
Government & taxes
Property tax	$5,375	$448/mo
Land transfer tax(closing)	$11,455	$955/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%)	$7,490	$624/mo
Condo fees
Condo / HOA fees	$10,392	$866/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	$77,970	$6,497/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 102

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs