$574,990
Bedrooms
1 Bed + Den
Bathrooms
1.0
Size
545 sq ft
Exposure
East
Floor Range: 2-7 | Unit Number: 11
Launch Price
$574,990
$1,055/sq ft
Sep 18, 2024
Current Price
$574,990
$1,055/sq ft
Deposit breakdown for this unit priced at $574,990
(10% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 120 days 2.5% - 240 days 5% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $5,000.00 On Signing | $5,000.00 | $5,000 | $5,000 | On Signing |
| Balance to 5% - 30 days | Balance to 5% | $23,750 | $28,750 | Sep 22, 2026 |
| 2.5% - 120 days | 2.5% | $14,375 | $43,124 | Dec 21, 2026 |
| 2.5% - 240 days | 2.5% | $14,375 | $57,499 | Apr 20, 2027 |
| 5% - Occupancy | 5% | $28,750 | $86,249 | At Occupancy |
| Total Deposit | 15.0% | $86,249 |
545 sq ft × $0.56/sq ft = $305/mo
Add-ons
| Monthly Mortgage (P&I) | $2,505 |
| Property Tax (est.) | $311 |
| Maintenance Fees | $305 |
| Total Monthly Cost | $3,122 |
Down payment: $114,998 (20.0%) · Mortgage: $459,992
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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