$549,990
Bedrooms
1 Bed
Bathrooms
1.0
Size
460 sq ft
Exposure
South
Floor Range: 2-12 | Unit Number: 10
Launch Price
$490,000
$1,065/sq ft
Oct 29, 2024
Current Price
$549,990
$1,196/sq ft
Deposit breakdown for this unit priced at $549,990
(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% | $22,500 | $27,500 | Sep 22, 2026 |
| 2.5% - 120 days | 2.5% | $13,750 | $41,249 | Dec 21, 2026 |
| 2.5% - 240 days | 2.5% | $13,750 | $54,999 | Apr 20, 2027 |
| 5% - Occupancy | 5% | $27,500 | $82,499 | At Occupancy |
| Total Deposit | 15.0% | $82,499 |
460 sq ft × $0.62/sq ft = $285/mo
Add-ons
| Monthly Mortgage (P&I) | $2,396 |
| Property Tax (est.) | $298 |
| Maintenance Fees | $285 |
| Total Monthly Cost | $2,979 |
Down payment: $109,998 (20.0%) · Mortgage: $439,992
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.