$542,900
Bedrooms
1 Bed
Bathrooms
1.0
Size
504 sq ft
Exposure
South
Floor Range: 1 | Unit Number: 02
Floor Range: 2-8 | Unit Number: 03
Launch Price
$400,000
$794/sq ft
Jun 3, 2022
Current Price
$542,900
$1,077/sq ft
Deposit breakdown for this unit priced at $542,900
(10% + 10%) $5,000.00 On Signing Balance to 2.5% - 30 days 2.5% - 60 days 2.5% - 120 days 2.5% - 180 days 10% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $5,000.00 On Signing | $5,000.00 | $5,000 | $5,000 | On Signing |
| Balance to 2.5% - 30 days | Balance to 2.5% | $8,573 | $13,573 | Sep 22, 2026 |
| 2.5% - 60 days | 2.5% | $13,573 | $27,145 | Oct 22, 2026 |
| 2.5% - 120 days | 2.5% | $13,573 | $40,718 | Dec 21, 2026 |
| 2.5% - 180 days | 2.5% | $13,573 | $54,290 | Feb 19, 2027 |
| 10% - Occupancy | 10% | $54,290 | $108,580 | At Occupancy |
| Total Deposit | 20.0% | $108,580 |
504 sq ft × $0.60/sq ft = $302/mo
Add-ons
| Monthly Mortgage (P&I) | $2,365 |
| Property Tax (est.) | $294 |
| Maintenance Fees | $302 |
| Total Monthly Cost | $2,961 |
Down payment: $108,580 (20.0%) · Mortgage: $434,320
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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