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RE/MAX Wealth Builders Alex Wilson logo

Alex Wilson

RE/MAX Wealth Builders Alex Wilson

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

Phone: +1 416-652-5000

RE/MAX Wealth Builders makes every effort to provide accurate, up-to-date pre-construction information. However, details may change without notice, and we cannot guarantee that all information is complete or error-free. RE/MAX Wealth Builders assumes no liability for errors, omissions, or reliance on this information. This website is for general reference only and is not a substitute for legal, tax, accounting, or other professional advice. Please verify all details independently before making decisions.

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Home/8 Temple Condos/477

477

Available

$589,900

$1,237/sq ft

1 Bed + Den·1.0 Bath·477 sq ft·North·$1,237/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

477 sq ft

Exposure

North

1 / 3Next: 506
477 Floor Plan at 8 Temple Condos - 477 sq.ft
Click to enlarge

Floor Range: 1

Price History

$590K$622K$655K$687K$720KSep 23Apr 25May 26

Launch Price

$699,900

$1,467/sq ft

Sep 28, 2023

Current Price

$589,900

$1,237/sq ft

$110,000 (-15.7%)

Deposit Structure

Deposit breakdown for this unit priced at $589,900

(15% + 5%) $10,000.00 On Signing Balance to 5% - 30 days 2.5% - 120 days 2.5% - 365 days 5% - 540 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$19,495$29,495Sep 22, 2026
2.5% - 120 days2.5%$14,748$44,243Dec 21, 2026
2.5% - 365 days2.5%$14,748$58,990Aug 23, 2027
5% - 540 days5%$29,495$88,485Feb 14, 2028
5% - Occupancy5%$29,495$117,980At Occupancy
Total Deposit20.0%$117,980

477 sq ft × $0.68/sq ft = $324/mo

Add-ons

Monthly Mortgage (P&I)$2,570
Property Tax (est.)$320
Maintenance Fees$324
Total Monthly Cost$3,214

Down payment: $117,980 (20.0%) · Mortgage: $471,920

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 →

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Resale MarketLive MLS
Developer Price$589,900
Est. Resale$340,000
Market vs Developer-42%(below)
$/sqft $1,237→$717

Active MLS Listings — Same Unit Type

8 Temple Avenue, Unit 103Sale

$719,900

8 Temple Avenue, Unit 103

1 Bed + Den24d on mkt

Building Market

For Sale
$1,383/sqft
4on MLS
63 avg DOM
$720K–$2.2M
Developer
$1,199/sqft
29available
$590K–$1.2M

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Beta

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