Condo For Sale in Lindsay, ON

311, 8 Huron Street

Price: $579,999

Executive Penthouse Condo - 55+ Senior Residence

Call or Email

Ken Yeomans

Buyer Agent Friendly

This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

2
Bedrooms
2
Bathrooms
1,275
Square Feet
Unspecified
Lot Size
1 Storey
Built in
2000
$2,856
Annual Taxes
Air
Conditioning
Guest
Suite
Fireplace

Seller will consider your home as a trade / No Real Estate Agent required / Buyer saves up to $25K !

1275 Square Feet of Luxury - 2 Bedroom / 2 Bathroom >>> NO Land Transfer Tax! Save $8,475.00 <<<

Designated 55 + Condo Residence - No resident children or tenants allowed - Clean Quiet Building New Windows 2023 New Roof 2024 New Refrigerator 2024 New Washer & Dryer 2024

"Market Value" Life Lease - 24 Year Old Condo Building located in the historic "Old Mill Heritage Neighborhood" of Lindsay * Concrete Construction * 11 New Windows - October 2023 * Central Air Conditioning * Forced Air Natural Gas Heating * In Suite Fire Sprinkler Protection * Mature Neighborhood overlooking 80 foot high trees * Guest Suite available for just $30 per night * Large Gathering room with full kitchen available * Garden Dining Shelter with NEW propane BBQ * Security Parking and Front Entrance * 1 allocated, heated underground parking space included + storage (additional heated underground parking space for rent upon availability) 4 levels - 33 suites - with just 6 x 2 bedroom suites. Small pets allowed.

Walk just a few minutes to enjoy Scenic River Trails, Parks, Live Theatre, Downtown Dining, Movie Theatre, Bowling, Library, Shopping, Pharmacy, Hair Salon and Banking in "Historic Downtown Lindsay" (approximate population of 25,000) * 30 minutes south to 407 highway * Just 60 minutes to Markham! * This 1275 sq/ft "open concept" corner penthouse overlooks beautiful, mature, lush garden views facing both south and east to enjoy the unobstructed morning sunrise.

This "Senior Paradise", bright corner suite has been recently renovated featuring many upgrades for a 100% "Maintenance Free Lifestyle" including a new, owned, tankless water heater to conserve electricity. Includes 65" Wall Mounted, LG OLED65C9PUA "Smart" Television accented with a beautiful wood mantel Electric Fireplace including a heat element with fan option. * Includes 5 appliances, all window blinds and light fixtures, in-suite, full size washer and dryer with a fully renovated laundry room * Master Bedroom features an opulent 5 piece ensuite bathroom with a large corner "Soaker Tub" surrounded by full length, south and east windows overlooking beautiful mature gardens view! * Just a few steps to the elevator and stairs

Monthly Maintenance $505 includes lease, water, heated underground parking, building insurance, building maintenance services, snow removal, property maintenance and administration. 2023 property tax $238 per month / $2856 annually * Reserve Fund contribution $199/month Total monthly lease cost with property tax $942.

It has been 3 years since one of the six, 2 bedroom suites has been available in this immaculately maintained building. You now have an exclusive opportunity to "Privately Purchase" the "Best Suite" in the building that has had just 3 owners since 2000. At just $454 per square foot, this luxurious, renovated and upgraded, executive residence is the "Largest in the Building", and could become your retirement paradise for just $579,999.

All financial statements are available upon request for serious inquiries. Immediate closing date available.

LEVEL
ROOM
DIMENSIONS
Main Level
Bedroom - Primary
5.33m x 3.91m   (17'6" x 12'10")
Main Level
Bedroom
3.66m x 3.20m   (12'0" x 10'6")
Main Level
5pc Ensuite Bath
3.66m x 3.05m   (12'0" x 10'0")
Main Level
4pc Bathroom
2.54m x 1.52m   (8'4" x 5'0")
Main Level
Kitchen
3.05m x 2.59m   (10'0" x 8'6")
Main Level
Living Room
5.36m x 4.75m   (17'7" x 15'7")
Main Level
Dining Room
4.27m x 3.20m   (14'0" x 10'6")
Main Level
Laundry Room
3.20m x 1.60m   (10'6" x 5'3")
Main Level
Hall
2.84m x 1.32m   (9'4" x 4'4")
Dominion Lending Centres

6.00%

Current Variable Rate

6.95%

Current Prime Rate
Please Note: Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. Posted rates may be high ratio and/or quick close which can differ from conventional rates. *O.A.C. & E.O
Terms
Bank Rates
Payment Per $100K
Our Rates
Payment Per $100K
Savings
6 Months
6.59 %
$675.29
7.49 %
$730.93
$-55.64
1 Year
7.84 %
$753.03
6.59 %
$675.29
$77.74
2 Years
7.34 %
$721.53
6.17 %
$649.95
$71.59
3 Years
6.99 %
$699.80
5.24 %
$595.34
$104.46
4 Years
6.79 %
$687.50
5.37 %
$602.85
$84.65
5 Years
6.84 %
$690.57
4.89 %
$575.36
$115.21
7 Years
7.10 %
$706.60
6.09 %
$645.17
$61.43
10 Years
7.25 %
$715.92
6.14 %
$648.15
$67.77

Property Features

Listing ID: 635386

MLS® System #
Property Type
Condo
Ad Type
For Sale
Ownership
Leasehold
Parking
Assigned Parking / Indoor Parking / Underground
Condo Fees
$505
Asking Price
$579,999
View Rest of Property Features

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Ken Yeomans


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