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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/Lot 16 Towns/The Southbrook

The Southbrook

Available

$589,990

$619/sq ft

3 Bed·2.0 Bath·953 sq ft·South·$619/sq ft

Bedrooms

3 Bed

Bathrooms

2.0

Size

953 sq ft

Exposure

South

1 / 3Next: The Vineland (3BR)
The Southbrook Floor Plan at Lot 16 Towns - 953 sq.ft
Click to enlarge

Floor Range: 1 | Unit Number: 06-07, 16-17, 24-26

Price History

$590K$604K$617K$631K$645KSep 23Oct 23Nov 24

Launch Price

$644,990

$677/sq ft

Sep 9, 2023

Current Price

$589,990

$619/sq ft

▼$55,000 (-8.5%)

Deposit Structure

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

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 2.5% - 30 daysBalance to 2.5%$9,750$14,750Jul 2, 2026
2.5% - 90 days2.5%$14,750$29,500Aug 31, 2026
5% - Occupancy5%$29,500$58,999At Occupancy
Total Deposit10.0%$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

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.

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Beta

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Est. Gross Yield4.3%

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Building Market

For Sale
2on MLS
27 avg DOM
$650K–$730K
Developer
$594/sqft
6available
$585K–$709K
For Rent
$2.10/sqft
29on MLS
26 avg DOM
$2K–$3K