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$535K · 2 bed Condo Apartment · East K, London East | MyPropertyScout

$535,000

Unit 705

34 DOM

2234d

Map

DOM 34

$535,000

DOM34days

Unit 705

330 Ridout Street · London East · Ontario N6C 3Z3

MLS® X13183460 · East K · N6C 3Z3

22OwnerOccupied1400-1599 ft²Condo Apartment2-car Underground34d$357/ft²$6,136 tax/yr

34 days on market

About this home

This stunning approx 1400 sf 2 bedroom, 2 bath, 2 parking condo at the class The Renaissance 11 building is a sure winner! A super quiet unit that offers separate bedroom areas, a great decor and a totally private huge balcony with open south London view. Same floor as the library, dining kitchen, guest suite, big lounge/games room and access to the outdoor patio with propane firepits, bbq and a cool golf putting green. The main level features a gym and media room, bring your popcorn! Hurry her…

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Property details

MLS#: X13183460
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 1400-1599
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Condo corp #: 796
Balcony: Open
Locker: None
Fees include: Water Included, CAC Included, Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Northeast corner of York and Ridout
Basement: None
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: Other
Parking features: —

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX ABOUTOWNE REALTY CORP.

Source: TRREB/PROPTX · MLS® X13183460

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$535K

Unit 705 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $535,000✓ $6,136 tax✓ Electric✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,015/mo

incl. closing costs (yr 1)

Annual total

$60,177

year 1

Mortgage only

$2,030/mo

principal + interest

Beyond mortgage

$1,929/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$107,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$511/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%$5,350/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)$56/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,175

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $24,355/yr

Property taxes22% $13,311/yr

Utilities4% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,350/yr

Condo fees13% $8,000/yr

Closing costs8% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$24,355	$2,030/mo
Government & taxes
Property tax	$6,136	$511/mo
Land transfer tax(closing)	$7,175	$598/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%)	$5,350	$446/mo
Condo fees
Condo / HOA fees	$8,000	$667/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	$60,177	$5,015/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 705

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs