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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/88 James Urban Condos/Merritt

Merritt

Available

$471,888

$856/sq ft

1 Bed + Den·1.0 Bath·551 sq ft·North·$856/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

551 sq ft

Exposure

North

Prev: Meridian2 / 3Next: Regatta
Merritt Floor Plan at 88 James Urban Condos - 551 sq.ft
Click to enlarge

Floor Range: 8-30

Price History

$458K$461K$465K$468K$472KMar 23Jul 23Jul 23

Launch Price

$457,888

$831/sq ft

Mar 2, 2023

Current Price

$471,888

$856/sq ft

▲$14,000 (+3.1%)

Deposit Structure

Deposit breakdown for this unit priced at $471,888

(15% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 120 days 2.5% - 150 days 2.5% - 380 days 2.5% - 500 days 5% - Occupancy

MilestoneRate
AmountCumulative
Due Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$18,594$23,594May 19, 2026
2.5% - 120 days2.5%$11,797$35,392Aug 17, 2026
2.5% - 150 days2.5%$11,797$47,189Sep 16, 2026
2.5% - 380 days2.5%$11,797$58,986May 4, 2027
2.5% - 500 days2.5%$11,797$70,783Sep 1, 2027
5% - Occupancy5%$23,594$94,378At Occupancy
Total Deposit20.0%$94,378

551 sq ft × $0.60/sq ft = $331/mo

Add-ons

Monthly Mortgage (P&I)$2,001
Property Tax (est.)$256
Maintenance Fees$331
Total Monthly Cost$2,588

Down payment: $94,378 (20%) · Mortgage: $377,510

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

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