$1,060,900
Bedrooms
2 Bed
Bathrooms
2.0
Size
640 sq ft
Exposure
East
Floor Range: 6-7 | Unit Number: 08
Launch Price
$940,900
$1,470/sq ft
Feb 9, 2022
Current Price
$1,060,900
$1,658/sq ft
Deposit breakdown for this unit priced at $1,060,900
(10% + 10%) $10,000.00 On Signing Balance to 5% - 30 days 2.5% - 60 days 2.5% - 120 days 10% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $10,000.00 On Signing | $10,000.00 | $10,000 | $10,000 | On Signing |
| Balance to 5% - 30 days | Balance to 5% | $43,045 | $53,045 | Sep 22, 2026 |
| 2.5% - 60 days | 2.5% | $26,523 | $79,568 | Oct 22, 2026 |
| 2.5% - 120 days | 2.5% | $26,523 | $106,090 | Dec 21, 2026 |
| 10% - Occupancy | 10% | $106,090 | $212,180 | At Occupancy |
| Total Deposit | 20.0% | $212,180 |
640 sq ft × $0.68/sq ft = $435/mo
Add-ons
| Monthly Mortgage (P&I) | $4,622 |
| Property Tax (est.) | $575 |
| Maintenance Fees | $435 |
| Total Monthly Cost | $5,632 |
Down payment: $212,180 (20.0%) · Mortgage: $848,720
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.
Active MLS Listings — Same Unit Type
Sale$650,000
185 Alberta Avenue, Unit 708
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