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$580K · 2 bed Condo Townhouse · 982 - Beamsville, Lincoln | MyPropertyScout

$580,000

Unit 3

53 DOM

2353d

Map

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DOM 53

↓ $19,000Price Reduced

$580,000

DOM53days

Unit 3

5042 Serena Drive · Lincoln · Ontario L0R 1B2

MLS® X13102274 · 982 - Beamsville · L0R 1B2

23OwnerOccupied1200-1399 ft²Condo Townhouse1-car Attached53d$446/ft²$3,700 tax/yrBuilt 20233 yrs old

53 days on market

About this home

2 Story, 2 Bedroom, 2 1/2 Baths. Spacious Living and Dining Rooms or Eat In Kitchen. Upgraded Cupboards In Kitchen, Quartz Counter Top In Kitchen. All Light Fixtures and Floors Upgraded on Main Floor. All Window Coverings. Feature wall in Living Room. Beautifully upgraded. Just Move in & Enjoy.

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Property details

MLS#: X13102274
Status: Buy Now
Beds: 2
Baths: 3 full, 0 half
Size: 1200-1399
Style: 2-Storey
Type: Condo Townhouse
Year built: —

Property features: Golf, Hospital, Park, Place Of Worship, Public Transit

Condo corp #: 279
Balcony: Open
Locker: None
Association amenities: Visitor Parking
Fees include: Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: ALYSSA DRIVE & SERENA DRIVE
Basement: None
Stories: 1
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: Surface

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Living Room	3.3m × 4.75m
Main	Kitchen	3.3m × 7m
Main	Dining Room	2.93m × 3.3m
Second	Primary Bedroom	4.31m × 4.84m
Second	Bedroom	2.76m × 3.74m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX REALTY SPECIALISTS INC.

Source: TRREB/PROPTX · MLS® X13102274

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$580K

Unit 3 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $580,000✓ $3,700 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,003/mo

incl. closing costs (yr 1)

Annual total

$60,039

year 1

Mortgage only

$2,200/mo

principal + interest

Beyond mortgage

$1,672/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$116,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$308/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%$5,800/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)$38/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,075

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $26,404/yr

Property taxes20% $11,775/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,800/yr

Condo fees9% $5,400/yr

Closing costs8% $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)	$26,404	$2,200/mo
Government & taxes
Property tax	$3,700	$308/mo
Land transfer tax(closing)	$8,075	$673/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%)	$5,800	$483/mo
Condo fees
Condo / HOA fees	$5,400	$450/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	$60,039	$5,003/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 3

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs