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$775K · 2 bed Condo Townhouse · Elora/Salem, Centre Wellington | MyPropertyScout

$774,999

5 Station Square

51 DOM

2351d

Map

⚡ Insider Deal

DOM 51

↓ $24,001Price Reduced

$774,999

F●●○○○DOM51days

5 Station Square

Centre Wellington · Ontario N0B 1S0

MLS® X13108140 · Elora/Salem · N0B 1S0

23Vacant1000-1199 ft²Condo Townhouse1-car Attached51d$705/ft²$4,298 tax/yrBuilt 200323 yrs old

33% above market · regional est. · 51 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Visit REALTOR website for additional information. Highly sought after condo garden townhome steps from beautiful downtown Elora, featuring 2 levels of finished living space. Stress-free living awaits with outdoor maintenance included in monthly fees.5 Station Square offers over 1100 square feet of main floor living with 2 bed and 2 bath. Live comfortably in the open concept kitchen, living, and dining areas. Main floor also boasts spacious laundry room off the garage and a walk-out to a private…

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Property details

MLS#: X13108140
Status: Buy Now
Beds: 2
Baths: 3 full, 0 half
Size: 1000-1199
Style: Bungalow
Type: Condo Townhouse
Year built: —

Roof: Shingles
Foundation: Poured Concrete
Property features: Golf, Hospital, Park, Place Of Worship, School

Fireplaces: 1
Fireplace features: Family Room

Condo corp #: 105
Balcony: None
Locker: None
Association amenities: Game Room, Guest Suites, Gym, Party Room/Meeting Room, Visitor Parking
Fees include: Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick · Deck, Landscaped, Porch, Year Round Living
Fronting on: —
Cross street: Colborne to queen street
Basement: Full, Finished
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Air Exchanger, Sump Pump, Water Softener
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Living Room	6.71m × 4.27m
Main	Kitchen	2.74m × 2.92m
Main	Primary Bedroom	4.14m × 4.67m
Main	Bedroom	2.79m × 3.05m
Main	Mud Room	2.51m × 2.74m
Basement	Recreation	3.81m × 7.92m
Basement	Office	4.88m × 4.27m
Basement	Other	6.71m × 4.93m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: PG DIRECT REALTY LTD.

Source: TRREB/PROPTX · MLS® X13108140

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$775K

5 Station Square · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $774,999✓ $4,298 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,397/mo

incl. closing costs (yr 1)

Annual total

$76,768

year 1

Mortgage only

$2,940/mo

principal + interest

Beyond mortgage

$2,001/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$155,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$358/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%$7,750/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)$47/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$11,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $35,281/yr

Property taxes21% $16,273/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $7,750/yr

Condo fees9% $6,804/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)	$35,281	$2,940/mo
Government & taxes
Property tax	$4,298	$358/mo
Land transfer tax(closing)	$11,975	$998/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%)	$7,750	$646/mo
Condo fees
Condo / HOA fees	$6,804	$567/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	$76,768	$6,397/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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5 Station Square

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs