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Property Type: TownhouseOwnership: Condominium
585 COLBORNE Street E Unit# 109
Brantford, ON N3S0K4
MLS® 40854603
62
Walk Score
46
Bike
$668,900
3 bed4 full, 2 half bath2 parking2,097 sqft
62
Walk Score
46
Bike
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 3
- Frontage
- 18 feet
C3 - 18
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $111/mo
- Annual property tax
- $6,653
Interior
- Basement
- None
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 5pc Bathroom | Third level | — |
| 4pc Bathroom | Third level | — |
| 2pc Bathroom | Second level | — |
| 2pc Bathroom | Main level | — |
| Bedroom | Third level | 10'9'' x 8'3'' |
| Bedroom | Third level | 9'2'' x 8'5'' |
| Primary Bedroom | Third level | 14'0'' x 12'4'' |
| Dining room | Second level | 13'8'' x 10'0'' |
| Kitchen | Second level | 13'7'' x 13'4'' |
| Living room | Second level | 13'0'' x 17'2'' |
| Workshop | Main level | 15'4'' x 17'2'' |
Description
LOCATION! LOCATION! LOCATION! This exceptional mixed-use property perfectly blends professional versatility with upscale residential living, offering a unique opportunity for entrepreneurs, investors, or multi-generational families. Spanning approximately 2,100 square feet of thoughtfully designed space. This residence is a masterclass in functional luxury. The Professional Advantage is the main level features a premier commercial suite equipped with a private 2-piece bathroom. Whether you envision a high-end home office, a boutique retail space, or a consistent income stream. This beautiful property provides Sophisticated Residential Living. The upper levels transition into an expansive living sanctuary. The residence boasts three generous bedrooms plus a dedicated den, supported by 2.5 designer bathrooms and the effortless convenience of an upstairs laundry suite. The crown jewel of the home is the primary retreat, a lavish space featuring :- A spa-inspired5-piece en-suite bathroom. An oversized walk-in closet. A private balcony/deck perfect for morning coffee or evening relaxation. Beyond the front door, you are perfectly positioned in a vibrant, thriving community. Enjoy immediate access to top-tier schools, premier shopping, and diverse dining, all while remaining minutes from major highways for an easy commute. Complete with a private garage and additional driveway parking, this property is as practical as it is prestigious. (id:63159)
Listing Information
- MLS®
- 40854603
- Data last synced
- September 15, 2026
HOMELIFE MIRACLE REALTY MISSISSAUGA
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOMELIFE MIRACLE REALTY MISSISSAUGA
MLS® Number: 40854603
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$319/sqft
Building average
—
No other active listings in this building
2050 - Echo Place average
$355/sqft
15 active listing(s)
Parking: 2 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
6°C
—
Humidity 98%
Wind N calm km/h
Tonight
6°
Thursday
21°
Thursday night
7°
Friday
13°
Friday night
-1°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
104,688
(2021 Census)
+6.2% since 2016
Density: 1,061.2/km²
Dwellings:
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Mortgage & Ownership Cost Calculator
Minimum required: 6.3% ($41,890) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$535,120.00
Periodic payment — Principal & Interest (monthly)$3,452.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$770.42
Total monthly cost$4,222.83
Interest paid over 5-yr term$153,366.93
Balance at end of term$481,342.17
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$41,890
Stress test qualifying rate8.19%
Payment you must qualify for$4,861.67
Cash Needed at Closing
Minimum down payment$41,890
Estimated Land Transfer Tax (LTT)$9,853
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,243
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
