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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 Rockway

The Rockway

Available

$584,990

$628/sq ft

2 Bed + Den·2.0 Bath·931 sq ft·South·$628/sq ft

Bedrooms

2 Bed + Den

Bathrooms

2.0

Size

931 sq ft

Exposure

South

Prev: The Vineland (3BR)3 / 3
The Rockway Floor Plan at Lot 16 Towns - 931 sq.ft
Click to enlarge

Floor Range: 1 | Unit Number: 03-05, 08-15, 18-23

Price History

$585K$600K$615K$631K$646KJun 23Oct 23Nov 24

Launch Price

$599,990

$644/sq ft

Jun 14, 2023

Current Price

$584,990

$628/sq ft

▼$15,000 (-2.5%)

Comparable Listings Nearby

Beta

Similar 2 Bed + Den condo units nearby

For Rent6 listings
50 HERRICK Avenue, Unit 322For LeaseGood Match

$2,500/mo

50 HERRICK Avenue, Unit 322

2 Bed + Den2 Bath900-999 sqft
0.7 km·38d on mkt
50 Herrick Avenue, Unit LP34For LeaseGood Match

$2,400/mo

50 Herrick Avenue, Unit LP34

2 Bed + Den2 Bath900-999 sqft
0.7 km·56d on mkt
50 Herrick Avenue, Unit 336For LeaseGood Match

$2,400/mo

50 Herrick Avenue, Unit 336

2 Bed + Den2 Bath1000-1199 sqft
0.7 km·Built 2023·33d on mkt
50 Herrick Avenue, Unit LP40For LeaseGood Match

$2,400/mo

50 Herrick Avenue, Unit LP40

2 Bed2 Bath900-999 sqft
0.7 km·40d on mkt
50 Herrick Avenue, Unit 208For LeaseGood Match

$2,550/mo

50 Herrick Avenue, Unit 208

2 Bed + Den2 Bath1000-1199 sqft
0.7 km·89d on mkt
50 Herrick Avenue, Unit Lp-17For LeaseFair Match

$2,400/mo

50 Herrick Avenue, Unit Lp-17

2 Bed2 Bath1000-1199 sqft
0.7 km·29d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $584,990

(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%$9,625$14,625May 19, 2026
2.5% - 90 days2.5%$14,625$29,250Jul 18, 2026
5% - Occupancy5%$29,250$58,499At Occupancy
Total Deposit10.0%$58,499

931 sq ft × $0.16/sq ft = $149/mo

Add-ons

Monthly Mortgage (P&I)$2,481
Property Tax (est.)$317
Maintenance Fees$149
Total Monthly Cost$2,946
Est. Rental IncomeBeta−$2,125
Net Monthly Cost−$821

Down payment: $116,998 (20%) · Mortgage: $467,992

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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