$599,900
Bedrooms
Studio
Bathrooms
1.0
Size
275 sq ft
Exposure
East
Floor Range: 14-28 | Unit Number: 04, 05
Launch Price
$569,900
$2,072/sq ft
Mar 26, 2024
Current Price
$599,900
$2,181/sq ft
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
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $10,000.00 On Signing | $10,000.00 | $10,000 | $10,000 | On Signing |
| Balance to 5% - 30 days | Balance to 5% | $19,995 | $29,995 | Sep 22, 2026 |
| 5% - 180 days | 5% | $29,995 | $59,990 | Feb 19, 2027 |
| 2.5% - 720 days | 2.5% | $14,998 | $74,988 | Aug 12, 2028 |
| 2.5% - 1200 days | 2.5% | $14,998 | $89,985 | Dec 5, 2029 |
| 5% - Occupancy | 5% | $29,995 | $119,980 | At Occupancy |
| Total Deposit | 20.0% | $119,980 |
275 sq ft × $0.87/sq ft = $239/mo
| Monthly Mortgage (P&I) | $2,614 |
| Property Tax (est.) | $325 |
| Maintenance Fees | $239 |
| Total Monthly Cost | $3,178 |
Down payment: $119,980 (20.0%) · Mortgage: $479,920
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
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