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$1.05M · 3 bed Condo Apartment · 3302 - Lindenlea, New Edinburgh - Lindenlea | MyPropertyScout

$1,050,000

Unit 1

33 DOM

3233d

Map

DOM 33

$1,050,000

DOM33days

Unit 1

140 Rideau Terrace · New Edinburgh - Lindenlea · Ontario K1M 0Z2

MLS® X13211648 · 3302 - Lindenlea · K1M 0Z2

32Vacant1800-1999 ft²Condo Apartment1-car Underground33d$553/ft²$7,657 tax/yrBuilt 198541 yrs old

33 days on market

About this home

The tree-lined street of Rideau Terrace has an enticing charm that makes you look twice. If you are drawn to the unique combination of historic charm, distinctive architecture, and a prime location in a lively urban neighbourhood, you may wish to consider 1-140 Rideau Terrace. This unit offers three bedrooms, a spacious den, a combined living and dining room, a spacious kitchen with breakfast area, plus a highly desirable 1,000 sq ft (approx) terrace. The current owners upgraded the patio by…

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Property details

MLS#: X13211648
Status: Buy Now
Beds: 3
Baths: 2 full, 0 half
Size: 1800-1999
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Fireplaces: 1

Condo corp #: 437
Balcony: Terrace
Locker: Owned
Fees include: Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Heat Pump
Heating fuel: Electric
Cooling: Central Air
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Springfield
Basement: None
Stories: 1
Utilities: —
Laundry: Laundry Closet
Interior: Auto Garage Door Remote, Primary Bedroom - Main Floor
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: CALDWELL & ASSOCIATES REALTY LIMITED

Source: TRREB/PROPTX · MLS® X13211648

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$1.05M

Unit 1 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,050,000✓ $7,657 tax✓ Electric✓ 1800-1999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$8,750/mo

incl. closing costs (yr 1)

Annual total

$105,005

year 1

Mortgage only

$3,983/mo

principal + interest

Beyond mortgage

$2,852/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$210,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$638/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,900 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%$10,500/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)$86/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$17,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $47,801/yr

Property taxes24% $25,132/yr

Utilities2% $2,460/yr

Insurance & security2% $1,600/yr

Maintenance10% $10,500/yr

Condo fees12% $12,412/yr

Closing costs5% $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)	$47,801	$3,983/mo
Government & taxes
Property tax	$7,657	$638/mo
Land transfer tax(closing)	$17,475	$1,456/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%)	$10,500	$875/mo
Condo fees
Condo / HOA fees	$12,412	$1,034/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	$105,005	$8,750/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 1

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs