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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.

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Home/Terrace Park Towns/Cherry Ridge

Cherry Ridge

Available

$989,990

$516/sq ft · Resale avg $769/sqft

3 Bed·2.5 Bath·1920 sq ft·single Garage·$516/sq ft

Bedrooms

3 Bed

Bathrooms

2.5

Size

1920 sq ft

Garage

single Garage

1 / 3Next: Hazelwood Corner
Cherry Ridge Floor Plan at Terrace Park Towns - 1920 sq.ft
Click to enlarge

Price History

$990K$1.1M$1.1M$1.2M$1.3MJun 23Nov 23Mar 26

Launch Price

$1,283,880

$669/sq ft

Jun 24, 2023

Current Price

$989,990

$516/sq ft

▼$293,890 (-22.9%)

Low Rise Details

Type

townhouse

Storeys

3_storey

Garage

single Garage

Basement

unfinished

Ownership Type

potl

Comparable Listings Nearby

Beta

Similar 3 Bed condo units nearby

For Sale6 listings
95 Rustle Woods AvenueFor SaleStrong Match

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81 Stauffer CrescentFor SaleStrong Match

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51 Stauffer CrescentFor SaleGood Match

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71 RUSTLE WOODS AvenueFor LeaseStrong Match

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77 Rustle Woods AvenueFor LeaseGood Match

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Deposit Structure

Deposit breakdown for this unit priced at $989,990

$20,000.00 On Signing $30,000.00 - 30 days $25,000.00 - 90 days $25,000.00 - 120 days $25,000.00 - 180 days $25,000.00 - 365 days

MilestoneRateAmountCumulativeDue Date
$20,000.00 On Signing$20,000.00$20,000$20,000On Signing
$30,000.00 - 30 days$30,000.00$30,000$50,000May 9, 2026
$25,000.00 - 90 days$25,000.00$25,000$75,000Jul 8, 2026
$25,000.00 - 120 days$25,000.00$25,000$100,000Aug 7, 2026
$25,000.00 - 180 days$25,000.00$25,000$125,000Oct 6, 2026
$25,000.00 - 365 days$25,000.00$25,000$150,000Apr 9, 2027
Total Deposit15.2%$150,000

1,920 sq ft × $0.11/sq ft = $211/mo

Monthly Mortgage (P&I)$4,198
Property Tax (est.)$536
Maintenance Fees$211
Total Monthly Cost$4,945

Down payment: $197,998 (20%) · Mortgage: $791,992

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

Building Market

For Sale
$769/sqft
11on MLS
43 avg DOM
$400K–$808K
Developer
$528/sqft
4available
$990K–$1.2M
For Rent
$3.42/sqft
21on MLS
16 avg DOM
$2K–$3K

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