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RE/MAX Condos Plus logo

Alexander Yolevski

REALTOR®

RE/MAX Condos Plus

45 Harbour Square, Toronto, ON M5J 2G4, Canada

Phone: +1 416-203-6636

True Condos - Toronto & GTA Pre-Construction Condo Experts makes every effort to provide accurate, up-to-date pre-construction information. However, details may change without notice, and we cannot guarantee that all information is complete or error-free. True Condos - Toronto & GTA Pre-Construction Condo Experts assumes no liability for errors, omissions, or reliance on this information. This website is for general reference only and is not a substitute for legal, tax, accounting, or other professional advice. Please verify all details independently before making decisions.

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

Available

$860,900

$1,019/sq ft

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%)

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$43,045Sep 22, 2026
2.5% - 90 days2.5%$21,523$64,568Nov 21, 2026
2.5% - 180 days2.5%$21,523$86,090Feb 19, 2027
5% - 370 days5%$43,045$129,135Aug 28, 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)$3,751
Property Tax (est.)$466
Maintenance Fees$499
Total Monthly Cost$4,716

Down payment: $172,180 (20.0%) · Mortgage: $688,720

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.

Land transfer tax on this homeRent vs ownView more calculators →

Book a Consultation

Schedule a call or meeting to discuss 2B.

Submit a Worksheet
Resale MarketLive MLS
Developer Price$860,900
Est. Resale$580,000
Market vs Developer-33%(below)
$/sqft $1,019→$688

Active MLS Listings — Same Unit Type

50 Upper Mall Way, Unit 2311Sale

$545,000

50 Upper Mall Way, Unit 2311

2 Bed32d on mkt

Building Market

For Sale
$854/sqft
13on MLS
26 avg DOM
$428K–$715K
Developer
$1,019/sqft
1available
$861K
For Rent
$3.74/sqft
11on MLS
6 avg DOM
$200–$4K

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Beta

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