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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/Promenade Park Towers Condos/2B

2B

Available1 rental

$860,900

$1,019/sq ft · Resale avg $1,160/sqft

2 Bed·2.0 Bath·845 sq ft·North East·$1,019/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

845 sq ft

Exposure

North East

2B Floor Plan at Promenade Park Towers Condos - 845 sq.ft
Click to enlarge

Floor Range: 2-7 | Unit Number: 02

Price History

$663K$712K$762K$811K$861KOct 19Jan 20Feb 23

Launch Price

$662,900

$784/sq ft

Oct 10, 2019

Current Price

$860,900

$1,019/sq ft

▲$198,000 (+29.9%)

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Sale3 listings
50 Upper Mall Way, Unit B-2609For SaleStrong Match

$609,000

50 Upper Mall Way, Unit B-2609

2 Bed2 Bath600-699 sqft
<0.1 km·8d on mkt
50 Upper Mall Way, Unit B-2909For SaleGood Match

$629,900

50 Upper Mall Way, Unit B-2909

2 Bed2 Bath600-699 sqft
0.1 km·46d on mkt
50 Upper Mall Way, Unit B-PH09For SaleGood Match

$898,900

50 Upper Mall Way, Unit B-PH09

2 Bed2 Bath1000-1199 sqft
0.1 km·55d on mkt
For Rent6 listings
50 Upper Mall Way, Unit 1811BFor LeaseStrong Match

$2,900/mo

50 Upper Mall Way, Unit 1811B

2 Bed2 Bath800-899 sqft
<0.1 km·17d on mkt
50 Upper Mall Way, Unit B632For LeaseStrong Match

$2,800/mo

50 Upper Mall Way, Unit B632

2 Bed2 Bath800-899 sqft
0.1 km·52d on mkt
50 Upper Mall Way, Unit 2711BFor LeaseStrong Match

$2,900/mo

50 Upper Mall Way, Unit 2711B

2 Bed2 Bath800-899 sqft
0.1 km·13d on mkt
50 Upper Mall Way, Unit B802For LeaseStrong Match

$2,600/mo

50 Upper Mall Way, Unit B802

2 Bed2 Bath800-899 sqft
0.1 km·Built 2023·5d on mkt
50 Upper Mall Way, Unit 2411For LeaseStrong Match

$2,750/mo

50 Upper Mall Way, Unit 2411

2 Bed2 Bath800-899 sqft
0.1 km·5d on mkt
50 Upper Mall Way, Unit 2011BFor LeaseStrong Match

$2,800/mo

50 Upper Mall Way, Unit 2011B

2 Bed2 Bath800-899 sqft
0.1 km·7d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $860,900

(15% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 90 days 2.5% - 180 days 5% - 370 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$38,045$43,045May 9, 2026
2.5% - 90 days2.5%$21,523$64,568Jul 8, 2026
2.5% - 180 days2.5%$21,523$86,090Oct 6, 2026
5% - 370 days5%$43,045$129,135Apr 14, 2027
5% - Occupancy5%$43,045$172,180At Occupancy
Total Deposit20.0%$172,180

845 sq ft × $0.59/sq ft = $499/mo

Add-ons

Monthly Mortgage (P&I)$3,651
Property Tax (est.)$466
Maintenance Fees$499
Total Monthly Cost$4,616
Est. Rental IncomeBeta−$3,050
Net Monthly Cost−$1,566

Down payment: $172,180 (20%) · Mortgage: $688,720

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
Est. Rent$3,050/mo
Est. Gross Yield4.3%

Active MLS Listings — Same Unit Type

50 Upper Mall Way, Unit 2711BLease

$2,900/mo

50 Upper Mall Way, Unit 2711B

2 Bed13d on mkt

Recently Sold — Same Unit Type

4 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$1,160/sqft
4on MLS
52 avg DOM
$328K–$579K
Developer
$1,019/sqft
1available
$861K
For Rent
$3.69/sqft
380on MLS
19 avg DOM
$2K–$4K

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