$598,990
Bedrooms
1 Bed + Den
Bathrooms
1.0
Size
526 sq ft
Exposure
East
Floor Range: 2-12 | Unit Number: 05
Launch Price
$620,000
$1,179/sq ft
Oct 29, 2024
Current Price
$598,990
$1,139/sq ft
Deposit breakdown for this unit priced at $598,990
(10% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 120 days 2.5% - 240 days 5% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $5,000.00 On Signing | $5,000.00 | $5,000 | $5,000 | On Signing |
| Balance to 5% - 30 days | Balance to 5% | $24,950 | $29,950 | Sep 22, 2026 |
| 2.5% - 120 days | 2.5% | $14,975 | $44,924 | Dec 21, 2026 |
| 2.5% - 240 days | 2.5% | $14,975 | $59,899 | Apr 20, 2027 |
| 5% - Occupancy | 5% | $29,950 | $89,849 | At Occupancy |
| Total Deposit | 15.0% | $89,849 |
526 sq ft × $0.62/sq ft = $326/mo
Add-ons
| Monthly Mortgage (P&I) | $2,610 |
| Property Tax (est.) | $324 |
| Maintenance Fees | $326 |
| Total Monthly Cost | $3,260 |
Down payment: $119,798 (20.0%) · Mortgage: $479,192
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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