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$880K · 1 bed Condo Apartment · Elora/Salem, Centre Wellington | MyPropertyScout

$879,900

Unit 30

26 DOM

1226d

Map

DOM 26

Waterfront

$879,900

DOM26days

Unit 30

6523 Wellington 7 Road · Centre Wellington · Ontario N0B 1S0

MLS® X13487618 · Elora/Salem · N0B 1S0

12Vacant1000-1199 ft²Condo Apartment2-car UndergroundNo basement26d$800/ft²$6,053 tax/yrNo basement

26 days on market

About this home

This special walk up townhouse style condo not only has amazing riverside views - it has the added bonus of two parking spots (tandem parking)! And your storage unit is right across the hall from your condo. Lots of upgrades in this condo including extra large custom kitchen, Miele appliances, custom built in dining table, in floor heating in both bathrooms, closet built ins and more. One bedroom plus den - which also would make a great guest suite. Gorgeous views of the river, falls and Elora M…

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Property details

MLS#: X13487618
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 2 full, 0 half
Rooms: 4
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 3 pc; 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Waterfront: Yes
Water view: Direct
Water body: Grand River
Shoreline: Deep, Mixed, Rocky
Waterfront features: River Front

Condo corp #: 297
Balcony: Open
Locker: Owned
Fees include: Building Insurance Included, Parking Included, Common Elements Included, Cable TV Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Heat Pump
Heating fuel: Other
Cooling: Central Air
Fireplaces: —
Exterior: Metal/Steel Siding, Stone
Fronting on: —
Cross street: McNab and Wellington 7
Stories: —
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Storage
Parking features: —

Additional listing data

ListAOR: One Point Association of REALTORS

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Royal LePage Royal City Realty

Source: TRREB/PROPTX · MLS® X13487618

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$880K

Unit 30 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $879,900✓ $6,053 tax✓ Other✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,374/mo

incl. closing costs (yr 1)

Annual total

$88,482

year 1

Mortgage only

$3,338/mo

principal + interest

Beyond mortgage

$2,404/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$175,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$504/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo · assumes gas heat

Other$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%$8,799/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)$61/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$14,073

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $40,057/yr

Property taxes23% $20,126/yr

Utilities4% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $8,799/yr

Condo fees10% $8,840/yr

Closing costs6% $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)	$40,057	$3,338/mo
Government & taxes
Property tax	$6,053	$504/mo
Land transfer tax(closing)	$14,073	$1,173/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$8,799	$733/mo
Condo fees
Condo / HOA fees	$8,840	$737/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	$88,482	$7,374/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 30

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs