Loading neighbourhood intel…

$640K · 2+1 bed Detached Condo · St. Thomas, St. Thomas | MyPropertyScout

$639,900

Unit 55

35 DOM

2+1335d

Map

DOM 35

$639,900

F●●●○○DOM35days

Unit 55

LAKE MARGARET STATION · 45 Lake Margaret Trail · St. Thomas · Ontario N5R 6M5

MLS® X13173586 · St. Thomas · N5R 6M5

2+13OwnerOccupied1200-1399 ft²Detached Condo2-car Attached35d$492/ft²$4,684 tax/yrBuilt 200323 yrs old

15% above market · 35 days on market

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

About this home

Welcome to 55-45 Lake Margaret Trail, a beautifully maintained 2+1 bedroom, 3 bathroom bungalow condo located in the quiet and peaceful Lake Margaret Station detached condo complex, built in 2006 by Doug Tarry Homes. This friendly community offers a serene setting with a small nature path and sitting area in the heart of the complex, while being conveniently close to Lake Margaret Trail, shopping, restaurants, and all local amenities. Designed for comfortable main-floor living, this home offers…

Reserved · coming next

MyPropertyScout exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →

Property details

MLS#: X13173586
Status: Buy Now
Beds: 2+1
Baths: 3 full, 0 half
Size: 1200-1399
Style: Bungalow
Type: Detached Condo
Year built: —

Roof: Asphalt Shingle
Foundation: Poured Concrete
Property features: Cul de Sac/Dead End, Hospital, Library, Park, Place Of Worship, Public Transit

Fireplaces: 1
Fireplace features: Living Room, Natural Gas

Building name: LAKE MARGARET STATION
Condo corp #: 25
Balcony: None
Locker: None
Fees include: Common Elements 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, Porch, Landscaped
Fronting on: —
Cross street: SOUTHDALE LINE
Basement: Full, Finished
Stories: —
Utilities: —
Laundry: In-Suite Laundry, Laundry Room
Interior: Auto Garage Door Remote, Central Vacuum, ERV/HRV, Primary Bedroom - Main Floor, Sump Pump
Parking features: Private

Rooms

Level	Room	Dimensions
Main	Foyer	4.38m × 1.41m
Main	Bedroom 2	3.33m × 3.14m
Main	Mud Room	1.79m × 2.71m
Main	Kitchen	4.76m × 4m
Main	Dining Room	3.79m × 3.16m
Main	Living Room	3.59m × 4.02m
Main	Primary Bedroom	6.4m × 3.13m
Main	Bathroom	2.77m × 1.35m
Main	Bathroom	3.04m × 2.66m
Basement	Recreation	7.39m × 6.19m
Basement	Bedroom 3	3.21m × 3.62m
Basement	Bathroom	2.18m × 3.61m
Basement	Utility Room	7.16m × 10.29m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX CENTRE CITY REALTY INC.

Source: TRREB/PROPTX · MLS® X13173586

Do you own a home in St. Thomas?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$640K

Unit 55 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $639,900✓ $4,684 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,249/mo

incl. closing costs (yr 1)

Annual total

$62,991

year 1

Mortgage only

$2,428/mo

principal + interest

Beyond mortgage

$1,591/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$127,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$390/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%$6,399/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)$20/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,273

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $29,131/yr

Property taxes22% $13,957/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $6,399/yr

Condo fees5% $2,844/yr

Closing costs8% $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)	$29,131	$2,428/mo
Government & taxes
Property tax	$4,684	$390/mo
Land transfer tax(closing)	$9,273	$773/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%)	$6,399	$533/mo
Condo fees
Condo / HOA fees	$2,844	$237/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	$62,991	$5,249/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.

Unlock Insider Deals

Sign in

Unit 55

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs