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$668K · 3 bed Condo Townhouse · Elora/Salem, Centre Wellington | MyPropertyScout

$668,000

27 Hedley Lane

42 DOM

3342d

Map

DOM 42

↓ $32K

$668,000

↓ $32K

DOM42days

27 Hedley Lane

Centre Wellington · Ontario N0B 1S0

MLS® X13420580 · Elora/Salem · N0B 1S0

33OwnerOccupied1600-1799 ft²Condo Townhouse1-car AttachedUnfinished, Walk-Out42d$393/ft²$4,784 tax/yrBuilt 20233 yrs oldUnfinished, Walk-Out

42 days on market

About this home

Welcome to South River in Elora. Elora is not just a place to live. It is a community and a lifestyle. Welcome to this beautifully designed townhome built by highly regarded builder Granite Homes, located in the sought after South River community in one of Canada's most picturesque villages. Offering approximately1,756 square feet of living space and more than $50,000 in upgrades, this home combines thoughtful design with modern comfort. Step inside to a bright open concept main floor designed f…

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Property details

MLS#: X13420580
Status: Buy Now
Property class: Residential Condo & Other
Beds: 3
Baths: 3 full, 0 half
Rooms: 9
Kitchens: 1
Size: 1600-1799Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Unfinished, Walk-Out
Style: 2-Storey
Type: Condo Townhouse
Year built: 2023

Occupancy: Owner Occupied
Washrooms: 2 pc · Main; 3 pc · Second; 4 pc · Second
Family room: No
Central vacuum: No
Ensuite laundry: No

Zoning: R3.58.12

Roof: Asphalt Shingle
Foundation: Poured Concrete
Property features: Arts Centre, Hospital, Library, School, Rec./Commun.Centre, River/Stream

Fireplaces: 1
Fireplace features: Electric, Living Room

Condo corp #: 286
Balcony: Open
Locker: None
Association amenities: BBQs Allowed, Visitor Parking
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick, Stone · Deck, Patio
Fronting on: —
Cross street: Harrison & Haylock
Stories: 1
Utilities: —
Laundry: In Area
Laundry level: Upper Level
Interior: Air Exchanger, Auto Garage Door Remote, ERV/HRV, Floor Drain, On Demand Water Heater, Rough-In Bath, Sump Pump, Water Heater, Water Meter, Water Purifier, Water Softener, Water Treatment
Parking features: Private

Additional listing data

ListAOR: One Point Association of REALTORS

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $32KPrice reduction

MLS shows the seller reduced the asking price by $31,900 (from $699,900 to $668,000).

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Keller Williams Home Group Realty

Source: TRREB/PROPTX · MLS® X13420580

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$668K

27 Hedley Lane · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $668,000✓ $4,784 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,513/mo

incl. closing costs (yr 1)

Annual total

$66,157

year 1

Mortgage only

$2,534/mo

principal + interest

Beyond mortgage

$1,701/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$133,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$399/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 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%$6,680/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)$26/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,835

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $30,410/yr

Property taxes22% $14,619/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,680/yr

Condo fees6% $3,788/yr

Closing costs8% $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)	$30,410	$2,534/mo
Government & taxes
Property tax	$4,784	$399/mo
Land transfer tax(closing)	$9,835	$820/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%)	$6,680	$557/mo
Condo fees
Condo / HOA fees	$3,788	$316/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	$66,157	$5,513/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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27 Hedley Lane

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs