$580,000
Bedrooms
1 Bed + Den
Bathrooms
1.0
Size
537 sq ft
Exposure
East
Floor Range: 7-PH | Unit Number: 03, 05, 11
Launch Price
$575,000
$1,071/sq ft
Sep 29, 2023
Current Price
$580,000
$1,080/sq ft
Deposit breakdown for this unit priced at $580,000
(20%) $10,000.00 On Signing Balance to 5% - 30 days 5% - 120 days 2.5% - 300 days 2.5% - 400 days 2.5% - 600 days 2.5% - 720 days
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $10,000.00 On Signing | $10,000.00 | $10,000 | $10,000 | On Signing |
| Balance to 5% - 30 days | Balance to 5% | $19,000 | $29,000 | Sep 22, 2026 |
| 5% - 120 days | 5% | $29,000 | $58,000 | Dec 21, 2026 |
| 2.5% - 300 days | 2.5% | $14,500 | $72,500 | Jun 19, 2027 |
| 2.5% - 400 days | 2.5% | $14,500 | $87,000 | Sep 27, 2027 |
| 2.5% - 600 days | 2.5% | $14,500 | $101,500 | Apr 14, 2028 |
| 2.5% - 720 days | 2.5% | $14,500 | $116,000 | Aug 12, 2028 |
| Total Deposit | 20.0% | $116,000 |
537 sq ft × $0.79/sq ft = $424/mo
Add-ons
| Monthly Mortgage (P&I) | $2,527 |
| Property Tax (est.) | $314 |
| Maintenance Fees | $424 |
| Total Monthly Cost | $3,265 |
Down payment: $116,000 (20.0%) · Mortgage: $464,000
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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