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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/The Residences at Central Park Condos/The Teak

The Teak

Available

$2,978,000

$1,894/sq ft

4 Bed·2.5 Bath·1572 sq ft·South East·$1,894/sq ft

Bedrooms

4 Bed

Bathrooms

2.5

Size

1572 sq ft

Exposure

South East

1 / 3Next: The Rosewood
The Teak Floor Plan at The Residences at Central Park Condos - 1572 sq.ft
Click to enlarge

Floor Range: 33 | Unit Number: 01

Price History

$2.8M$2.9M$2.9M$2.9M$3.0MMay 22Feb 23Dec 24

Launch Price

$2,818,000

$1,793/sq ft

May 15, 2022

Current Price

$2,978,000

$1,894/sq ft

▲$160,000 (+5.7%)

Comparable Listings Nearby

Beta

Similar 4 Bed condo units nearby

For Sale4 listings
17 Carl ShepwayFor SaleStrong Match

$899,000

17 Carl Shepway

4 Bed4 Bath1400-1599 sqft
0.3 km·14d on mkt
20 Bloorview Place, Unit Ph1900For SaleFair Match

$2,238,000

20 Bloorview Place, Unit Ph1900

4 Bed3 Bath3000-3249 sqft
0.5 km·Built 2013·27d on mkt
27 Bloorview PlaceFor SaleFair Match

$1,690,000

27 Bloorview Place

4 Bed4 Bath2500-2749 sqft
0.5 km·54d on mkt
45 Bloorview PlaceFor SaleFair Match

$1,799,000

45 Bloorview Place

4 Bed4 Bath2750-2999 sqft
0.6 km·18d on mkt
For Rent1 listing
73 Cheryl Shep Way, Unit 1For LeaseGood Match

$3,950/mo

73 Cheryl Shep Way, Unit 1

4 Bed3 Bath1200-1399 sqft
0.2 km·7d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $2,978,000

(20%) $5,000.00 On Signing Balance to 2.5% - 15 days 2.5% - 30 days 5% - 120 days 5% - 365 days 5% - 540 days

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 2.5% - 15 daysBalance to 2.5%$69,450$74,450Apr 24, 2026
2.5% - 30 days2.5%$74,450$148,900May 9, 2026
5% - 120 days5%$148,900$297,800Aug 7, 2026
5% - 365 days5%$148,900$446,700Apr 9, 2027
5% - 540 days5%$148,900$595,600Oct 1, 2027
Total Deposit20.0%$595,600

1,572 sq ft × $0.67/sq ft = $1,053/mo

Add-ons

Monthly Mortgage (P&I)$12,628
Property Tax (est.)$1,613
Maintenance Fees$1,053
Total Monthly Cost$15,294

Down payment: $595,600 (20%) · Mortgage: $2,382,400

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

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