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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/Freed Hotel & Residences/S.8

S.8

Available1 resale

$599,900

$2,181/sq ft · Resale avg $1,876/sqft

Studio·1.0 Bath·275 sq ft·East·$2,181/sq ft

Bedrooms

Studio

Bathrooms

1.0

Size

275 sq ft

Exposure

East

1 / 3Next: S.7 BF
S.8 Floor Plan at Freed Hotel & Residences - 275 sq.ft
Click to enlarge

Floor Range: 14-28 | Unit Number: 04, 05

Price History

$570K$577K$585K$592K$600KMar 24May 24Feb 26

Launch Price

$569,900

$2,072/sq ft

Mar 26, 2024

Current Price

$599,900

$2,181/sq ft

▲$30,000 (+5.3%)

Comparable Listings Nearby

Beta

Similar Studio condo units nearby

For Sale6 listings
6472 Rama Road, Unit 201For SaleGood Match

$469,000

6472 Rama Road, Unit 201

Studio1 Bath0-499 sqft
113.9 km·92d on mkt
For SaleStrong Match

$399,000

215 Queen Street W, Unit 712

Studio1 Bath0-499 sqft
0.2 km·2d on mkt
290 Adelaide Street W, Unit 1303For SaleStrong Match

$379,000

290 Adelaide Street W, Unit 1303

Studio1 Bath0-499 sqft
0.2 km·11d on mkt
30 Nelson Street, Unit 502For SaleStrong Match

$399,000

30 Nelson Street, Unit 502

Studio1 Bath0-499 sqft
<0.1 km·20d on mkt
290 Adelaide Street WFor SaleStrong Match

$50,000

290 Adelaide Street W

Studio
0.2 km·12d on mkt
30 Nelson StreetFor SaleStrong Match

$150,000

30 Nelson Street

Studio
<0.1 km·41d on mkt
For Rent6 listings
215 Queen Street W, Unit 1307For LeaseStrong Match

$1,800/mo

215 Queen Street W, Unit 1307

Studio1 Bath0-499 sqft
0.2 km·7d on mkt
99 John Street, Unit 207For LeaseStrong Match

$2,100/mo

99 John Street, Unit 207

Studio1 Bath0-499 sqft
0.1 km·4d on mkt
215 Queen Street W, Unit 1703For LeaseStrong Match

$1,800/mo

215 Queen Street W, Unit 1703

Studio1 Bath0-499 sqft
0.2 km·6d on mkt
290 Adelaide Street W, Unit PARKINGFor LeaseStrong Match

$250/mo

290 Adelaide Street W, Unit PARKING

Studio0-499 sqft
0.2 km·12d on mkt
8 Mercer Street, Unit #322For LeaseStrong Match

$2,000/mo

8 Mercer Street, Unit #322

Studio1 Bath0-499 sqft
0.3 km·Built 2018·6d on mkt
215 Queen Street W, Unit 2507For LeaseStrong Match

$1,800/mo

215 Queen Street W, Unit 2507

Studio1 Bath0-499 sqft
0.2 km·27d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $599,900

(15% + 5%) $10,000.00 On Signing Balance to 5% - 30 days 5% - 180 days 2.5% - 720 days 2.5% - 1200 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$19,995$29,995May 15, 2026
5% - 180 days5%$29,995$59,990Oct 12, 2026
2.5% - 720 days2.5%$14,998$74,988Apr 4, 2028
2.5% - 1200 days2.5%$14,998$89,985Jul 28, 2029
5% - Occupancy5%$29,995$119,980At Occupancy
Total Deposit20.0%$119,980

275 sq ft × $0.87/sq ft = $239/mo

Monthly Mortgage (P&I)$2,544
Property Tax (est.)$325
Maintenance Fees$239
Total Monthly Cost$3,108
Est. Rental IncomeBeta−$1,400
Net Monthly Cost−$1,708

Down payment: $119,980 (20%) · Mortgage: $479,920

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).

Resale MarketLive MLS
Developer Price$599,900
Est. Resale$350,000
Market vs Developer-42%(below)
$/sqft $2,181→$1,278

Active MLS Listings — Same Unit Type

6472 Rama Road, Unit 201Sale

$469,000

6472 Rama Road, Unit 201

Studio92d on mkt

Building Market

For Sale
$1,876/sqft
1on MLS
92 avg DOM
$469K
Developer
$2,326/sqft
22available
$600K–$13.2M

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