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$700K · 2+1 bed Condo Townhouse · Woodstock - North, Woodstock | MyPropertyScout

$699,900

Unit 16

25 DOM

2+1225d

Map

DOM 25

$699,900

DOM25days

Unit 16

500 Lakeview Drive · Woodstock · Ontario N4T 1W4

MLS® X13249624 · Woodstock - North · N4T 1W4

2+12OwnerOccupied1200-1399 ft²Condo Townhouse2-car Attached25d$539/ft²$5,117 tax/yr

25 days on market

About this home

Welcome to 16-500 Lakeview Drive in Woodstock, where downsizing feels less like a compromise and more like a deep breath. This is the kind of home that lets you slow down without shrinking your life. Tucked into a sought-after North Woodstock bungalow condo community, it offers comfort, privacy, space, and that lovely feeling of being looked after by your surroundings. No rear neighbours. Mature views. A deck with an awning made for coffee in your housecoat, a good book in the afternoon, or a qu…

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Property details

MLS#: X13249624
Status: Buy Now
Beds: 2+1
Baths: 2 full, 0 half
Size: 1200-1399
Style: 1 Storey/Apt
Type: Condo Townhouse
Year built: —

Condo corp #: 81
Balcony: None
Locker: None
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 2-car Attached
Garage spaces: 2
Parking: 4 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Vinyl Siding
Fronting on: —
Cross street: Hwy 59 & Lakeview
Basement: Full, Partially Finished
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Auto Garage Door Remote, Primary Bedroom - Main Floor
Parking features: Private

Additional listing data

ListAOR: Woodstock Ingersoll Tillsonburg & Area Association of REALTORS

Rooms

Level	Room	Dimensions
Main	Dining Room	3.53m × 2.9m
Main	Bedroom	3.68m × 3.42m
Main	Kitchen	2.84m × 4.81m
Main	Living Room	6.94m × 5.16m
Main	Primary Bedroom	6.25m × 4.06m
Basement	Bedroom	5.05m × 4.32m
Basement	Den	4.07m × 3.33m
Basement	Family Room	7.84m × 7.86m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Century 21 Heritage House Ltd Brokerage

Source: TRREB/PROPTX · MLS® X13249624

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$700K

Unit 16 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $699,900✓ $5,117 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,953/mo

incl. closing costs (yr 1)

Annual total

$71,432

year 1

Mortgage only

$2,655/mo

principal + interest

Beyond mortgage

$1,966/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$139,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$426/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%$6,999/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)$44/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $31,862/yr

Property taxes22% $15,590/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,999/yr

Condo fees9% $6,320/yr

Closing costs7% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,862	$2,655/mo
Government & taxes
Property tax	$5,117	$426/mo
Land transfer tax(closing)	$10,473	$873/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%)	$6,999	$583/mo
Condo fees
Condo / HOA fees	$6,320	$527/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	$71,432	$5,953/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 16

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs