$589,990
Bedrooms
3 Bed
Bathrooms
2.0
Size
953 sq ft
Exposure
South
Floor Range: 1 | Unit Number: 06-07, 16-17, 24-26
Launch Price
$644,990
$677/sq ft
Sep 9, 2023
Current Price
$589,990
$619/sq ft
Similar 3 Bed condo units nearby
For LeaseGood Match$2,500/mo
50 HERRICK Avenue, Unit 322
For LeaseFair Match$2,550/mo
50 Herrick Avenue, Unit 208
For LeaseFair Match$2,450/mo
50 Herrick Avenue, Unit 208
Deposit breakdown for this unit priced at $589,990
(5% + 5%) $5,000.00 On Signing Balance to 2.5% - 30 days 2.5% - 90 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 2.5% - 30 days | Balance to 2.5% | $9,750 | $14,750 | May 19, 2026 |
| 2.5% - 90 days | 2.5% | $14,750 | $29,500 | Jul 18, 2026 |
| 5% - Occupancy | 5% | $29,500 | $58,999 | At Occupancy |
| Total Deposit | 10.0% | $58,999 |
953 sq ft × $0.16/sq ft = $152/mo
Add-ons
| Monthly Mortgage (P&I) | $2,502 |
| Property Tax (est.) | $320 |
| Maintenance Fees | $152 |
| Total Monthly Cost | $2,973 |
| Est. Rental IncomeBeta | −$2,225 |
| Net Monthly Cost | −$748 |
Down payment: $117,998 (20%) · Mortgage: $471,992
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).