$501,000
Bedrooms
Studio
Bathrooms
1.0
Size
363 sq ft
Exposure
West
Floor Range: 6-12, 15-29, 30-PH | Unit Number: 12
Launch Price
$463,000
$1,275/sq ft
May 8, 2023
Current Price
$501,000
$1,380/sq ft
Deposit breakdown for this unit priced at $501,000
(20%) $10,000.00 On Signing Balance to 5% - 30 days 5% - 120 days 2.5% - 300 days 2.5% - 400 days 2.5% - 600 days 2.5% - 720 days
| 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% | $15,050 | $25,050 | Sep 22, 2026 |
| 5% - 120 days | 5% | $25,050 | $50,100 | Dec 21, 2026 |
| 2.5% - 300 days | 2.5% | $12,525 | $62,625 | Jun 19, 2027 |
| 2.5% - 400 days | 2.5% | $12,525 | $75,150 | Sep 27, 2027 |
| 2.5% - 600 days | 2.5% | $12,525 | $87,675 | Apr 14, 2028 |
| 2.5% - 720 days | 2.5% | $12,525 | $100,200 | Aug 12, 2028 |
| Total Deposit | 20.0% | $100,200 |
363 sq ft × $0.77/sq ft = $280/mo
| Monthly Mortgage (P&I) | $2,183 |
| Property Tax (est.) | $271 |
| Maintenance Fees | $280 |
| Total Monthly Cost | $2,734 |
Down payment: $100,200 (20.0%) · Mortgage: $400,800
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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