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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 Phase 2/Cherry Ridge

Cherry Ridge

Available

$1,318,880

$663/sq ft

3 Bed·2.5 Bath·1990 sq ft·North·$663/sq ft

Bedrooms

3 Bed

Bathrooms

2.5

Size

1990 sq ft

Exposure

North

1 / 3Next: Pine Ridge
Cherry Ridge Floor Plan at Terrace Park Towns Phase 2 - 1990 sq.ft
Click to enlarge

Price History

Current Price

$1,318,880

$663/sq ft

DatePricePrice / Sq Ft
Feb 10, 2024$1,318,880$663/sq ft

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Beta

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Deposit Structure

Deposit breakdown for this unit priced at $1,318,880

$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 12, 2026
$25,000.00 - 90 days$25,000.00$25,000$75,000Jul 11, 2026
$25,000.00 - 120 days$25,000.00$25,000$100,000Aug 10, 2026
$25,000.00 - 180 days$25,000.00$25,000$125,000Oct 9, 2026
$25,000.00 - 365 days$25,000.00$25,000$150,000Apr 12, 2027
Total Deposit11.4%$150,000

1,990 sq ft × $0.00/sq ft = $0/mo

Monthly Mortgage (P&I)$5,593
Property Tax (est.)$714
Maintenance Fees$0
Total Monthly Cost$6,307

Down payment: $263,776 (20%) · Mortgage: $1,055,104

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

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