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Listed 11 days ago

1 - 110 Rideau Terrace

3302 - Lindenlea, New Edinburgh - Lindenlea

$345,000

Condo Apartment |
1 | 1 | 0 | 1
About this home

Welcome to Unit 1 at 110 Rideau Terrace: a charming pied-a-terre nestled on a quiet, tree-lined street just steps from the heart of New Edinburgh. This beautifully maintained main-floor condo offers the perfect blend of comfort, style, and convenience. Thoughtfully updated throughout, the unit features a stunning new kitchen (2023), a fully renovated bathroom (2022), and new flooring (2023), creating a fresh, modern feel. The spacious layout offers room for an eat-in kitchen, while an additional versatile area provides the perfect space for a home office, reading nook, or flex space to suit your lifestyle. Ideal for first-time buyers, down sizers, or investors, this turnkey unit truly has nothing left to do but move in and enjoy. Located just moments from the scenic Rideau River pathways and the vibrant shops, cafes, and restaurants of Beechwood Avenue, you'll love the walkability and lifestyle this sought-after neighbourhood offers.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size0-499 sq. ft.
Maintenance Fees$636
LockerExclusive
BalconyNone
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$7,768
mls© NumberX13759042
Listed ByINNOVATION REALTY LTD.
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,766
Property tax
$647
Heat allowance
$150
Condo fees, half counted
$318
Housing costs
$2,881 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $69,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,452 / mo
Cash down
$69,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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