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Royal LePage Signature Connect.ca Realty logo

Ryan Coyle

Broker of Record

Royal LePage Signature Connect.ca Realty

495 Wellington Street West Suite 100

Phone: 416-800-9272

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Connect Asset Management. All rights reserved.

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Home/On the Ridge – Phase 3/Lormont

Lormont

Available

$870,089

$436/sq ft

3 Bed + Den·3.5 Bath·1994 sq ft·single Garage·traditional_towns·$436/sq ft

Bedrooms

3 Bed + Den

Bathrooms

3.5

Size

1994 sq ft

Garage

single Garage

Townhouse Type

traditional_towns

Prev: Juillac3 / 3
Lormont Floor Plan at On the Ridge - Phase 3 - 1994 sq.ft
Click to enlarge

Price History

Current Price

$870,089

$436/sq ft

DatePricePrice / Sq Ft
Apr 13, 2026$870,089$436/sq ft

Low Rise Details

Type

townhouse

Storeys

3_storey

Garage

single Garage

Basement

unfinished

Ownership Type

freehold

Townhouse Type

traditional_towns

Comparable Listings Nearby

Beta

Similar 3 Bed + Den condo units nearby

For Sale6 listings
183 Penny LaneFor SaleGood Match

$829,900

183 Penny Lane

3 Bed + Den4 Bath1500-2000 sqft
0.5 km·Built 2015·35d on mkt
45 Waterbridge StreetFor SaleGood Match

$819,999

45 Waterbridge Street

3 Bed + Den3 Bath1500-2000 sqft
0.5 km·Built 2015·63d on mkt
29 Bradbury RoadFor SaleGood Match

$814,900

29 Bradbury Road

3 Bed4 Bath1500-2000 sqft
0.6 km·Built 2015·7d on mkt
151 Lormont BoulevardFor SaleGood Match

$779,900

151 Lormont Boulevard

3 Bed3 Bath1500-2000 sqft
0.7 km·Built 2015·13d on mkt
171 Lormont BoulevardFor SaleGood Match

$799,000

171 Lormont Boulevard

3 Bed + Den4 Bath2000-2500 sqft
0.6 km·Built 2015·8d on mkt
160 PENNY LaneFor SaleGood Match

$899,900

160 PENNY Lane

3 Bed3 Bath1500-2000 sqft
0.4 km·Built 2015·7d on mkt
For Rent6 listings
175 Penny LaneFor LeaseGood Match

$2,900/mo

175 Penny Lane

3 Bed3 Bath1500-2000 sqft
0.4 km·Built 2015·16d on mkt
178 Penny LaneFor LeaseGood Match

$2,785/mo

178 Penny Lane

3 Bed3 Bath1500-2000 sqft
0.4 km·49d on mkt
27 Waterbridge StreetFor LeaseGood Match

$2,900/mo

27 Waterbridge Street

3 Bed3 Bath1500-2000 sqft
0.4 km·21d on mkt
41 Bradbury RoadFor LeaseGood Match

$2,700/mo

41 Bradbury Road

3 Bed3 Bath1500-2000 sqft
0.6 km·29d on mkt
77 Penny LaneFor LeaseGood Match

$2,850/mo

77 Penny Lane

3 Bed3 Bath1500-2000 sqft
0.6 km·6d on mkt
6 Mayland TrailFor LeaseGood Match

$2,700/mo

6 Mayland Trail

3 Bed3 Bath1500-2000 sqft
0.6 km·35d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $870,089

$25,000.00 On Signing $25,000.00 - 60 days $25,000.00 - 90 days $25,000.00 - 120 days

MilestoneRateAmountCumulativeDue Date
$25,000.00 On Signing$25,000.00$25,000$25,000On Signing
$25,000.00 - 60 days$25,000.00$25,000$50,000Jun 19, 2026
$25,000.00 - 90 days$25,000.00$25,000$75,000Jul 19, 2026
$25,000.00 - 120 days$25,000.00$25,000$100,000Aug 18, 2026
Total Deposit11.5%$100,000

1,994 sq ft × $0.00/sq ft = $0/mo

Monthly Mortgage (P&I)$3,690
Property Tax (est.)$471
Maintenance Fees$0
Total Monthly Cost$4,161
Est. Rental IncomeBeta−$3,350
Net Monthly Cost−$811

Down payment: $174,018 (20%) · Mortgage: $696,071

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

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