The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
1863 Springridge Drive - Rarely offered, this beautifully maintained 2-bedroom, 2-bath bungalow offers elegant one-level living in one of Orléans' most sought-after neighbourhoods. With its twin roof peaks, classic brick façade, and welcoming presence, this home makes a beautiful first impression before you even step inside. An interlock walkway guides you to the charming covered front verandah, while the elegant decorative glass front door and matching sidelights flood the spacious foyer with natural light, setting the tone for the beautiful spaces beyond., Bright, open-concept layout w/soaring ceilings, gleaming hardwood floors, and an inviting living room with soldier windows, formal dining room perfect for entertaining, both with coffered ceilings and a front office area/sitting room with a newer picturesque window, custom moterized blinds and arched transom. The spacious kitchen offers abundant cabinetry, generous counter space, stainless steel appliances and a convenient coffee station with extra cabinetry. The eating area is perfectly designed for slow mornings, and meaningful conversations, open to the family room with cathedral ceiling offering pot lights, gas fireplace with mantle surrounded by three symmetrical windows creating a timeless aesthetic. The primary retreat brings a walk-in closet and a 5 piece ensuite w/ double vanity, granite countertops, bathtub & separate shower. Convenient main floor laundry w/ sink and cabinetry. A 4 piece main bathroom finishes off the space. Inside access to the double garage adds everyday practicality. Step outside to a backyard complete with an expansive interlock patio, ideal for relaxing or summer entertaining. The unfinished lower level offers exceptional potential for additional living space, bedrooms, a workshop or hobby area. Located just steps to parks, walking trails, schools and all amenities, this exceptional home combines comfort, quality and an unbeatable Spring Ridge location.
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What’s NearbyDistances approximate
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Estimated Rental Income
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The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,588/mo
Mortgage (principal + interest)$3,086
Property taxFrom listing: $6,017/yr$501
Minimum $57,500 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$165,000
Ontario land transfer taxProvincial brackets, no first-time refund$12,975
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$180,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Orleans - Cumberland and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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