RE/MAX Wealth Builders logo
HomeNeighbourhoodsMapBlogListingAbout UsAlex's InsightsBrokerage

RE/MAX Wealth Builders

Red Bricks is your destination for pre-construction condos, townhouses, and homes. Access platinum listings, launching soon projects, and more.

Discover

  • Home
  • Neighbourhoods
  • Map
  • Blog
  • Listing
  • About Us
  • Alex's Insights
  • Developers
  • Cities

Company

  • About Us
  • Our Team
  • Contact

Get in Touch

Have questions about a project? We're here to help.

Send a Message →
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.

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 RE/MAX Wealth Builders. All rights reserved.

Powered by Red Bricks

Privacy PolicyTerms of Service
Home/The Addison Condos/Silk

Silk

Available

$800,990

$1,723/sq ft

1 Bed·1.0 Bath·465 sq ft·West·$1,723/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

465 sq ft

Exposure

West

Prev: Brocade2 / 3Next: Velvet
Silk Floor Plan at The Addison Condos - 465 sq.ft
Click to enlarge

Floor Range: 2 | Unit Number: 02

Price History

$801K$817K$832K$848K$864KMar 23Feb 24

Launch Price

$863,990

$1,858/sq ft

Mar 26, 2023

Current Price

$800,990

$1,723/sq ft

$63,000 (-7.3%)
DatePricePrice / Sq Ft
Mar 26, 2023$863,990$1,858/sq ft
Feb 21, 2024$800,990
▼ $63,000
$1,723/sq ft
▼ $135/sqft

Deposit Structure

Deposit breakdown for this unit priced at $800,990

(15% + 5%) $10,000.00 On Signing Balance to 5% - 30 days 5% - 90 days 2.5% - 360 days 2.5% - 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%$30,050$40,050Sep 22, 2026
5% - 90 days5%$40,050$80,099Nov 21, 2026
2.5% - 360 days2.5%$20,025$100,124Aug 18, 2027
2.5% - 540 days2.5%$20,025$120,149Feb 14, 2028
5% - Occupancy5%$40,050$160,198At Occupancy
Total Deposit20.0%$160,198

465 sq ft × $0.79/sq ft = $367/mo

Add-ons

Monthly Mortgage (P&I)$3,490
Property Tax (est.)$434
Maintenance Fees$367
Total Monthly Cost$4,291

Down payment: $160,198 (20.0%) · Mortgage: $640,792

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 Silk.

Submit a Worksheet

Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Sale6 listings
543 Richmond Street W, Unit 616For SaleStrong Match

$509,900

543 Richmond Street W, Unit 616

1 Bed1 Bath500-599 sqft
<0.1 km·8d on mkt
2 Augusta Avenue, Unit 704For SaleStrong Match

$499,900

2 Augusta Avenue, Unit 704

1 Bed1 Bath500-599 sqft
0.1 km·9d on mkt
2 Augusta Avenue, Unit PH3For SaleStrong Match

$599,000

2 Augusta Avenue, Unit PH3

1 Bed1 Bath0-499 sqft
0.1 km·26d on mkt
2 Augusta Avenue, Unit 202For SaleStrong Match

$469,000

2 Augusta Avenue, Unit 202

1 Bed1 Bath0-499 sqft
0.1 km·34d on mkt
525 Adelaide Street W, Unit Lph31For SaleStrong Match

$554,999

525 Adelaide Street W, Unit Lph31

1 Bed1 Bath500-599 sqft
0.2 km·Built 2018·5d on mkt
543 Richmond Street W, Unit 502For SaleGood Match

$599,900

543 Richmond Street W, Unit 502

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·58d on mkt
For Rent5 listings
111 Bathurst Street, Unit 1612For LeaseStrong Match

$2,400/mo

111 Bathurst Street, Unit 1612

1 Bed1 Bath500-599 sqft
0.2 km·Built 2018·2d on mkt
560 King Street W, Unit 618For LeaseStrong Match

$2,295/mo

560 King Street W, Unit 618

1 Bed1 Bath500-599 sqft
0.2 km·1d on mkt
525 Adelaide Street W, Unit 908-TFor LeaseStrong Match

$2,547/mo

525 Adelaide Street W, Unit 908-T

1 Bed1 Bath500-599 sqft
0.2 km·1d on mkt
461 Adelaide Street W, Unit 437For LeaseStrong Match

$2,350/mo

461 Adelaide Street W, Unit 437

1 Bed1 Bath500-599 sqft
0.1 km·Built 2018·2d on mkt
111 Bathurst Street, Unit 1212For LeaseStrong Match

$2,250/mo

111 Bathurst Street, Unit 1212

1 Bed1 Bath500-599 sqft
0.2 km·Built 2023·59d on mkt