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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/181 East Condos/The Elmwood

The Elmwood

Available

$872,990

$1,401/sq ft

1 Bed + Den·1.0 Bath·623 sq ft·North·$1,401/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

623 sq ft

Exposure

North

1 / 3Next: The Empress
The Elmwood Floor Plan at 181 East Condos - 623 sq.ft
Click to enlarge

Floor Range: 2 | Unit Number: 01, 31

Floor Range: 3 | Unit Number: 01, 33

Floor Range: 6 | Unit Number: 01, 25

Floor Range: 7 | Unit Number: 01, 18

Price History

$792K$812K$832K$853K$873KJul 20Sep 21Sep 24

Launch Price

$791,900

$1,271/sq ft

Jul 22, 2020

Current Price

$872,990

$1,401/sq ft

$81,090 (+10.2%)

Deposit Structure

Deposit breakdown for this unit priced at $872,990

(15% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 120 days 2.5% - 180 days 2.5% - 420 days 2.5% - 540 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%$38,650$43,650Sep 22, 2026
2.5% - 120 days2.5%$21,825$65,474Dec 21, 2026
2.5% - 180 days2.5%$21,825$87,299Feb 19, 2027
2.5% - 420 days2.5%$21,825$109,124Oct 17, 2027
2.5% - 540 days2.5%$21,825$130,949Feb 14, 2028
5% - Occupancy5%$43,650$174,598At Occupancy
Total Deposit20.0%$174,598

623 sq ft × $0.60/sq ft = $374/mo

Add-ons

Monthly Mortgage (P&I)$3,804
Property Tax (est.)$473
Maintenance Fees$374
Total Monthly Cost$4,650

Down payment: $174,598 (20.0%) · Mortgage: $698,392

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 Elmwood.

Submit a Worksheet
Resale MarketLive MLS
Developer Price$872,990
Est. Resale$440,000
Market vs Developer-50%(below)
$/sqft $1,401→$707
Est. Rent (4)$2,375/mo
Est. Gross Yield3.3%

Active MLS Listings — Same Unit Type

181 Sheppard Avenue E, Unit 202Sale

$569,000

181 Sheppard Avenue E, Unit 202

1 Bed + Den2d on mkt
181 Sheppard Avenue E, Unit 619Lease

$2,375/mo

181 Sheppard Avenue E, Unit 619

1 Bed + Den7d on mkt
181 Sheppard Avenue E, Unit 503Lease

$2,500/mo

181 Sheppard Avenue E, Unit 503

1 Bed + Den3d on mkt
181 Sheppard Avenue E, Unit 604Lease

$2,500/mo

181 Sheppard Avenue E, Unit 604

1 Bed + Den16d on mkt
181 Sheppard Avenue E, Unit 431Lease

$2,650/mo

181 Sheppard Avenue E, Unit 431

1 Bed + Den8d on mkt

Building Market

For Sale
$880/sqft
4on MLS
15 avg DOM
$569K–$998K
Developer
$1,338/sqft
8available
$873K–$1.5M
For Rent
$3.97/sqft
6on MLS
7 avg DOM
$2K–$3K

Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale2 listings
181 Sheppard Avenue E, Unit 414For SaleGood Match

$659,000

181 Sheppard Avenue E, Unit 414

2 Bed2 Bath700-799 sqft
<0.1 km·14d on mkt
181 Sheppard Avenue E, Unit 202For SaleStrong Match

$569,000

181 Sheppard Avenue E, Unit 202

1 Bed + Den2 Bath600-699 sqft
<0.1 km·2d on mkt
For Rent4 listings
181 Sheppard Avenue E, Unit 801For LeaseStrong Match

$3,150/mo

181 Sheppard Avenue E, Unit 801

2 Bed2 Bath700-799 sqft
<0.1 km·Built 2023·1d on mkt
181 Sheppard Avenue E, Unit 431For LeaseStrong Match

$2,650/mo

181 Sheppard Avenue E, Unit 431

1 Bed + Den2 Bath600-699 sqft
<0.1 km·Built 2023·8d on mkt
181 Sheppard Avenue E, Unit 604For LeaseStrong Match

$2,500/mo

181 Sheppard Avenue E, Unit 604

1 Bed + Den1 Bath600-699 sqft
<0.1 km·Built 2023·16d on mkt
181 Sheppard Avenue E, Unit 619For LeaseStrong Match

$2,375/mo

181 Sheppard Avenue E, Unit 619

1 Bed + Den1 Bath600-699 sqft
<0.1 km·Built 2023·7d on mkt