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Alex Wilson

RE/MAX Wealth Builders Alex Wilson

1251 Yonge St, Toronto, ON M4T 1W6, Canada

Phone: +1 416-652-5000

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Home/Lot 16 Towns/The Rockway

The Rockway

Available

$584,990

$628/sq ft

2 Bed + Den·2.0 Bath·931 sq ft·South·$628/sq ft

Bedrooms

2 Bed + Den

Bathrooms

2.0

Size

931 sq ft

Exposure

South

Prev: The Vineland (3BR)3 / 3
The Rockway Floor Plan at Lot 16 Towns - 931 sq.ft
Click to enlarge

Floor Range: 1 | Unit Number: 03-05, 08-15, 18-23

Price History

$585K$600K$615K$631K$646KJun 23Oct 23Nov 24

Launch Price

$599,990

$644/sq ft

Jun 14, 2023

Current Price

$584,990

$628/sq ft

$15,000 (-2.5%)

Deposit Structure

Deposit breakdown for this unit priced at

$584,990

(5% + 5%) $5,000.00 On Signing Balance to 2.5% - 30 days 2.5% - 90 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 2.5% - 30 daysBalance to 2.5%$9,625$14,625Sep 22, 2026
2.5% - 90 days2.5%$14,625$29,250Nov 21, 2026
5% - Occupancy5%$29,250$58,499At Occupancy
Total Deposit10.0%$58,499

931 sq ft × $0.16/sq ft = $149/mo

Add-ons

Monthly Mortgage (P&I)$2,549
Property Tax (est.)$317
Maintenance Fees$149
Total Monthly Cost$3,015

Down payment: $116,998 (20.0%) · Mortgage: $467,992

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.

Land transfer tax on this homeRent vs ownView more calculators →

Book a Consultation

Schedule a call or meeting to discuss The Rockway.

Submit a Worksheet

Building Market

For Sale
1on MLS
26 avg DOM
$599K
Developer
$594/sqft
6available
$585K–$709K
For Rent
$1.97/sqft
8on MLS
27 avg DOM
$2K–$3K

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