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$514,900
2700 BUROAK Drive · London · Ontario N6G 5B6
256 days on market
Auburn Homes proudly presents Fox Crossing, North London's newest two-storey townhome condominium community featuring stunning, stately exterior architecture with timeless stone accents. Unit 21, the popular Cornell Plan, offers 3 bedrooms, 2 full bathrooms, a main-floor powder room, and second-floor laundry. A custom-built entrance bench provides practical storage with space for baskets, and the finished lower landing (now included in the price) features a large coat closet. The main floor boas…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $85KPrice reduction
MLS shows the seller reduced the asking price by $85,000 (from $599,900 to $514,900).
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: CENTURY 21 FIRST CANADIAN STEVE KLEIMAN INC.
Source: TRREB/PROPTX · MLS® X12773170
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,500 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 48% of your true cost of ownership. The other 52% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $23,440 | $1,953/mo |
| Government & taxes | ||
| Land transfer tax(closing) | $6,773 | $564/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%) | $5,149 | $429/mo |
| Condo fees | ||
| Condo / HOA fees | $2,880 | $240/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 | $48,902 | $4,075/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.