$1,120,900
Bedrooms
2 Bed
Bathrooms
2.0
Size
800 sq ft
Exposure
West
Launch Price
$873,900
$1,092/sq ft
Sep 16, 2020
Current Price
$1,120,900
$1,401/sq ft
Deposit breakdown for this unit priced at $1,120,900
(12.5% + 7.5%) 5% On Signing 5% - 120 days 2.5% - 365 days 7.5% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| 5% On Signing | 5% | $56,045 | $56,045 | On Signing |
| 5% - 120 days | 5% | $56,045 | $112,090 | Dec 20, 2026 |
| 2.5% - 365 days | 2.5% | $28,023 | $140,113 | Aug 22, 2027 |
| 7.5% - Occupancy | 7.5% | $84,068 | $224,180 | At Occupancy |
| Total Deposit | 20.0% | $224,180 |
800 sq ft × $0.60/sq ft = $480/mo
Add-ons
| Monthly Mortgage (P&I) | $4,884 |
| Property Tax (est.) | $607 |
| Maintenance Fees | $480 |
| Total Monthly Cost | $5,971 |
Down payment: $224,180 (20.0%) · Mortgage: $896,720
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.
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