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Lake Maitland Terrace is not only a great place to live, it is also a good investment. Our amenities include: *Lake Front pool and sundeck *Clubhouse with wifi, large fully stocked kitchen, coffee bar *Valet trash service (complimentary) *Recycling program *Bike garage *Kayak/Paddleboard Racks *Professional Landscaping *Full time on site Community Manager *Full time on site Maintenance Manager *Gas grills (pool area) *Designated parking *Fishing dock on Lake Maitland *Laundry facilities *Shuffleboard and putting green *Car wash area *Professionally managed by FirstService Residential *Customer Care Hot Line answered 24/7 |
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Frequently Asked Questions about Purchasing/Renting a Condo in Lake Maitland Terrace
Someone told me that Lake Maitland Terrace is a 55+ community. Is that true?
Not at all! We have all ages living at Lake Maitland Terrace. Our most cherished residents are our seniors, but we also have young families, singles, students, young executives, snowbirds, professionals, and semi-retired couples. For some of our residents, Lake Maitland Terrace is a second home where the pool, clubhouse and lake provide a resort-like lifestyle. It's a great place for any age.
Can I rent my unit?
No, not initially. Only a small number of units are allowed to be rented at any one time. After owning your unit for one year, you can put your name on the rental waiting list, but it could take several years before you are able to rent.
What about renting to my children/mom and dad?
Family members are allowed to be residents. Units where family members are residents are not included in the list of allowed rental units. Anyone living in the unit must be authorized by the Association.
What is the pet policy?
NO PETS. Dogs and cats are not allowed on property. Service animals or Emotional Support animals are allowed by law and must have proper documentation.
Is there parking?
Every unit is assigned one (uncovered) parking space. There are numerous guest spaces for residents who have more than one car. All cars must be registered with the office and have a LMT sticker in the back window or a Guest tag on the rear view mirror.
What are the monthly Association dues?
Monthly Assessments as of 2024
One bedroom $389.74
Two bedroom $519.95
Two bedroom + $779.47
I have a motorcycle.
No motorized gas scooters of any kind are allowed.
If I buy a condo at Lake Maitland Terrace, does it come with a dock?
No, the smaller private docks at our lakefront are leased from the Association. The right to lease is acquired from the former lease holder usually in the form of a one time payment. All residents have access to the large fishing dock and two boat slips that can be used for launching kayaks and canoes.
Can I buy two units and combine them? Can I add bathrooms? Can I tear out the kitchen wall?
All remodeling plans must be approved by the Association. It is not possible to combine two units.
I know that Lake Maitland Terrace has laundry rooms throughout the complex, but can I install a washer and dryer in my condo?
Yes! Dryers must be ventless. Many of our residents have installed ventless dryers and love them. All washer/dryer hook ups must be installed by a licensed plumber and electrician and meet code by the City of Maitland.
I would like to live in Lake Maitland Terrace but I smoke. Is smoking allowed?
Smoking is ONLY allowed inside of the condo unit, with permission of the owner. Smoking is NOT allowed anywhere on Lake Maitland Terrace property, including the fishing pier, the waterfront, and the pool area.
Lake Maitland Terrace Sales and Rental Process. We have included below a link to begin the screening process. Interested buyers will find the procedures required when applying to purchase a condominium at Lake Maitland Terrace. All documents are to be completed as soon as an offer has been accepted. All owners and residents over the age of 18 must submit to a background check.
Click here to begin the screening process. Lake Maitland Terrace code is 8818.
To obtain an estoppel certificate, please contact First Service Residential at www.fsresidential.com and select Order Documents and Certificate.
Click here to begin the screening process. Lake Maitland Terrace code is 8818.
To obtain an estoppel certificate, please contact First Service Residential at www.fsresidential.com and select Order Documents and Certificate.
Covenants and Restrictions, Rules and Regulations
There are many factors to consider when purchasing a condominium. Unfortunately, often the last to be considered are the rules and regulations of the community. The Lake Maitland Terrace Association wants every prospective buyer to be fully aware of the Covenants and Restrictions so that there are no surprises after closing. We also require an orientation with all new owners, tenants, and residents before move in.
Here are a few rules that may influence your decision about owning or renting in Lake Maitland Terrace:
No pets
No smoking anywhere on LMT property except inside units
No renting until 1 year ownership and then unit will be put on wait list
Cannot start renovating without approval
No long term guests except immediate family
No guests to occupy unit without owner being present
Must park in assigned spot
No commercial vehicles
All adults living in unit must be registered and have background check
You can download a complete copy of our Covenants and Restrictions from the link below: .
There are many factors to consider when purchasing a condominium. Unfortunately, often the last to be considered are the rules and regulations of the community. The Lake Maitland Terrace Association wants every prospective buyer to be fully aware of the Covenants and Restrictions so that there are no surprises after closing. We also require an orientation with all new owners, tenants, and residents before move in.
Here are a few rules that may influence your decision about owning or renting in Lake Maitland Terrace:
No pets
No smoking anywhere on LMT property except inside units
No renting until 1 year ownership and then unit will be put on wait list
Cannot start renovating without approval
No long term guests except immediate family
No guests to occupy unit without owner being present
Must park in assigned spot
No commercial vehicles
All adults living in unit must be registered and have background check
You can download a complete copy of our Covenants and Restrictions from the link below: .
| _declaration.pdf |
