$615K · 2+1 bed Condo Townhouse · East A, London East

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About this home

Welcome to Riverview Condos in desirable North East London. This bright end-unit offers easy one-floor living in a quiet, well-managed community, ideal adult community for professionals and retirees alike maybe looking to transition from a larger home without sacrificing space or functionality. Enjoy the benefit of extra windows throughout, filling the home with natural light. Freshly painted in neutral colours, the main floor features 9 ft ceilings, crown molding, a spacious living area with ga…

Property details

MLS#

X13064366

Status

Buy Now

Beds

2+1

Baths

3 full, 0 half

Size

1000-1199

Style

Bungalow

Type

Condo Townhouse

Year built

—

Fireplaces: 1

Condo corp #: 725
Balcony: None
Locker: None
Fees include: Parking 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, Vinyl Siding
Fronting on: —
Cross street: Kilally Rd
Basement: Partially Finished
Stories: 1
Utilities: —
Laundry: Laundry Closet
Interior: Primary Bedroom - Main Floor, Water Heater Owned
Parking features: —

Rooms

Level	Room	Dimensions
Main	Bedroom	3.28m × 4.01m
Main	Breakfast	10.6m × 11.8m
Main	Kitchen	3.2m × 3.56m
Main	Foyer	3.88m × 4m
Main	Dining Room	4m × 5.59m
Main	Living Room	3.37m × 5.3m
Main	Primary Bedroom	—
Lower	Family Room	4.78m × 5.3m
Lower	Kitchen	2.8m × 4.3m
Lower	Utility Room	5.68m × 5.39m
Lower	Furnace Room	6.12m × 4.01m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $614,900✓ $4,644 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,222/mo

incl. closing costs (yr 1)

Annual total

$62,659

year 1

Mortgage only

$2,333/mo

principal + interest

Beyond mortgage

$1,699/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$122,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$387/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 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%$6,149/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)$31/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,773

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $27,993/yr

Property taxes21% $13,417/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $6,149/yr

Condo fees7% $4,440/yr

Closing costs8% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$27,993	$2,333/mo
Government & taxes
Property tax	$4,644	$387/mo
Land transfer tax(closing)	$8,773	$731/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%)	$6,149	$512/mo
Condo fees
Condo / HOA fees	$4,440	$370/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	$62,659	$5,222/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

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Rooms

Sales History

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Annual costs