$515,990
Bedrooms
1 Bed
Bathrooms
1.0
Size
480 sq ft
Exposure
East
Floor Range: | Unit Number: 10
Launch Price
$581,990
$1,212/sq ft
May 9, 2024
Current Price
$515,990
$1,075/sq ft
Deposit breakdown for this unit priced at $515,990
(15% + 5%) $12,000.00 On Signing Balance to 5% - 30 days 2.5% - 180 days 2.5% - 360 days 2.5% - 600 days 2.5% - 750 days 5% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $12,000.00 On Signing | $12,000.00 | $12,000 | $12,000 | On Signing |
| Balance to 5% - 30 days | Balance to 5% | $13,800 | $25,800 | Sep 22, 2026 |
| 2.5% - 180 days | 2.5% | $12,900 | $38,699 | Feb 19, 2027 |
| 2.5% - 360 days | 2.5% | $12,900 | $51,599 | Aug 18, 2027 |
| 2.5% - 600 days | 2.5% | $12,900 | $64,499 | Apr 14, 2028 |
| 2.5% - 750 days | 2.5% | $12,900 | $77,399 | Sep 11, 2028 |
| 5% - Occupancy | 5% | $25,800 | $103,198 | At Occupancy |
| Total Deposit | 20.0% | $103,198 |
480 sq ft × $0.73/sq ft = $350/mo
Add-ons
| Monthly Mortgage (P&I) | $2,248 |
| Property Tax (est.) | $279 |
| Maintenance Fees | $350 |
| Total Monthly Cost | $2,878 |
Down payment: $103,198 (20.0%) · Mortgage: $412,792
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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