$550,990
Bedrooms
1 Bed + Den
Bathrooms
1.0
Size
547 sq ft
Exposure
South
Floor Range: 2-20
Launch Price
$547,990
$1,002/sq ft
Aug 27, 2023
Current Price
$550,990
$1,007/sq ft
Deposit breakdown for this unit priced at $550,990
(15% + 5%) $2,500.00 On Signing $2,500.00 - 30 days $2,500.00 - 60 days $2,500.00 - 90 days Balance to 5% - 120 days $2,500.00 - 150 days $2,500.00 - 180 days $2,500.00 - 210 days $2,500.00 - 240 days $2,500.00 - 270 days $2,500.00 - 300 days $2,500.00 - 330 days Balance to 10% - 365 days 5% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $2,500.00 On Signing | $2,500.00 | $2,500 | $2,500 | On Signing |
| $2,500.00 - 30 days | $2,500.00 | $2,500 | $5,000 | Sep 22, 2026 |
| $2,500.00 - 60 days | $2,500.00 | $2,500 | $7,500 | Oct 22, 2026 |
| $2,500.00 - 90 days | $2,500.00 | $2,500 | $10,000 | Nov 21, 2026 |
| Balance to 5% - 120 days | Balance to 5% | $17,550 | $27,550 | Dec 21, 2026 |
| $2,500.00 - 150 days | $2,500.00 | $2,500 | $30,050 | Jan 20, 2027 |
| $2,500.00 - 180 days | $2,500.00 | $2,500 | $32,550 | Feb 19, 2027 |
| $2,500.00 - 210 days | $2,500.00 | $2,500 | $35,050 | Mar 21, 2027 |
| $2,500.00 - 240 days | $2,500.00 | $2,500 | $37,550 | Apr 20, 2027 |
| $2,500.00 - 270 days | $2,500.00 | $2,500 | $40,050 | May 20, 2027 |
| $2,500.00 - 300 days | $2,500.00 | $2,500 | $42,550 | Jun 19, 2027 |
| $2,500.00 - 330 days | $2,500.00 | $2,500 | $45,050 | Jul 19, 2027 |
| Balance to 10% - 365 days | Balance to 10% | $10,050 | $55,099 | Aug 23, 2027 |
| 5% - Occupancy | 5% | $27,550 | $82,649 | At Occupancy |
| Total Deposit | 15.0% | $82,649 |
547 sq ft × $0.52/sq ft = $284/mo
| Monthly Mortgage (P&I) | $2,401 |
| Property Tax (est.) | $298 |
| Maintenance Fees | $284 |
| Total Monthly Cost | $2,983 |
Down payment: $110,198 (20.0%) · Mortgage: $440,792
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
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