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$550,000
Southside Condos · 31 Tippett Road · Toronto · Ontario M3H 0C8
100 days on market
Visit REALTOR website for additional information. Welcome to Southside Condos! This bright and spacious 2+1 bedroom corner unit offers approximately 850 sq ft of well-designed living space with a desirable southwest exposure, bringing in tons of natural light .A key highlight is the rare owned tandem parking space for two vehicles, offering exceptional convenience with unobstructed access-an uncommon and highly valuable feature in the building. The functional split-bedroom layout provides privac…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $49KPrice reduction
MLS shows the seller reduced the asking price by $49,000 (from $599,000 to $550,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: PG DIRECT REALTY LTD.
Source: TRREB/PROPTX · MLS® C13566568
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $25,038 | $2,087/mo |
| Government & taxes | ||
| Property tax | $3,899 | $325/mo |
| Land transfer tax(closing) | $7,475 | $623/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%) | $5,500 | $458/mo |
| Condo fees | ||
| Condo / HOA fees | $11,760 | $980/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 | $64,332 | $5,361/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.