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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/Arte Residences Condos/Sugimoto-1

Sugimoto-1

Available

$414,990

$924/sq ft

Studio·1.0 Bath·449 sq ft·North·$924/sq ft

Bedrooms

Studio

Bathrooms

1.0

Size

449 sq ft

Exposure

North

Prev: Emily-13 / 3
Sugimoto-1 Floor Plan at Arte Residences Condos - 449 sq.ft
Click to enlarge

Floor Range: 9-15 | Unit Number: 01

Price History

$415K$436K$457K$479K$500KJul 21Jul 21Aug 21Jun 25

Launch Price

$497,990

$1,109/sq ft

Jul 28, 2021

Current Price

$414,990

$924/sq ft

▼$83,000 (-16.7%)

Comparable Listings Nearby

Beta

Similar Studio condo units nearby

For Sale5 listings
30 Elm Drive, Unit 2709For SaleGood Match

$499,000

30 Elm Drive, Unit 2709

1 Bed1 Bath500-599 sqft
1.7 km·15d on mkt
30 Elm Drive W, Unit 1303For SaleFair Match

$449,900

30 Elm Drive W, Unit 1303

1 Bed1 Bath500-599 sqft
1.7 km·60d on mkt
36 Elm Drive, Unit 501For SaleFair Match

$560,000

36 Elm Drive, Unit 501

1 Bed1 Bath500-599 sqft
1.7 km·22d on mkt
30 Elm Drive, Unit 1203For SaleFair Match

$419,000

30 Elm Drive, Unit 1203

1 Bed1 Bath500-599 sqft
1.7 km·Built 2023·33d on mkt
36 Elm Drive, Unit 3004For SaleFair Match

$489,000

36 Elm Drive, Unit 3004

1 Bed1 Bath500-599 sqft
1.6 km·Built 2023·72d on mkt
For Rent6 listings
3009 Novar Road, Unit 1210For LeaseGood Match

$2,200/mo

3009 Novar Road, Unit 1210

1 Bed1 Bath0-499 sqft
<0.1 km·15d on mkt
3009 Novar Road, Unit 1807For LeaseGood Match

$2,200/mo

3009 Novar Road, Unit 1807

1 Bed1 Bath500-599 sqft
<0.1 km·12d on mkt
3009 Novar Road, Unit 1407For LeaseGood Match

$2,195/mo

3009 Novar Road, Unit 1407

1 Bed1 Bath500-599 sqft
<0.1 km·25d on mkt
3009 Novar Road, Unit 701For LeaseGood Match

$2,175/mo

3009 Novar Road, Unit 701

1 Bed1 Bath500-599 sqft
<0.1 km·8d on mkt
3009 Novar Road, Unit 1601For LeaseGood Match

$2,200/mo

3009 Novar Road, Unit 1601

1 Bed1 Bath500-599 sqft
<0.1 km·43d on mkt
3009 Novar Road, Unit 1507For LeaseGood Match

$2,150/mo

3009 Novar Road, Unit 1507

1 Bed1 Bath500-599 sqft
<0.1 km·18d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $414,990

(10% + 10%) $10,000.00 On Signing Balance to 5% - 30 days 5% - Jul 1, 2025 10% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$10,750$20,750May 29, 2026
5% - Jul 1, 20255%$20,750$41,499Nov 11, 57470
10% - Occupancy10%$41,499$82,998At Occupancy
Total Deposit20.0%$82,998

449 sq ft × $0.60/sq ft = $269/mo

Monthly Mortgage (P&I)$1,760
Property Tax (est.)$225
Maintenance Fees$269
Total Monthly Cost$2,254
Est. Rental IncomeBeta−$1,775
Net Monthly Cost−$479

Down payment: $82,998 (20%) · Mortgage: $331,992

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

Rental estimate based on median of nearby comparable units (beta).

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