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$579,000
DOM3daysMerci Condos · 27 Rean Drive · Toronto · Ontario M2K 0A6
3 days on market
Show & Sell! Must See Sun-Filled & Spacious Corner Unit in Prime Location! Prestigious Boutique Building, "Merci Condos" Stylishly Designed by Daniels Corp, Reminiscent of the Inspiring Elegance of Paris, Has All Your Needs in Mind! Winning Layout with Hardwood Thru-out, Large Balcony (97sqf) for Relaxing and Taking in the Fresh Open Air, Modern Kitchen with S/S Appliances & Granite Counters Combined w/ Open Concept Living & Dining, All Adjacent to Large Balcony & Picture Windows, Showering the…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX WEST REALTY INC.
Source: TRREB/PROPTX · MLS® C14099514
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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 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $26,359 | $2,197/mo |
| Government & taxes | ||
| Property tax | $3,084 | $257/mo |
| Land transfer tax(closing) | $8,055 | $671/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%) | $5,790 | $483/mo |
| Condo fees | ||
| Condo / HOA fees | $11,405 | $950/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 | $65,352 | $5,446/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.