$496,990
Bedrooms
Studio
Bathrooms
1.0
Size
356 sq ft
Exposure
South
Floor Range: 2-5 | Unit Number: 07
Launch Price
$477,990
$1,343/sq ft
Apr 24, 2021
Current Price
$496,990
$1,396/sq ft
Deposit breakdown for this unit priced at $496,990
(8% + 2%) $10,000.00 On Signing Balance to 2% - 30 days 2% - 90 days 2% - 180 days 2% - 270 days 2% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $10,000.00 On Signing | $10,000.00 | $10,000 | $10,000 | On Signing |
| Balance to 2% - 30 days | Balance to 2% | $0 | $10,000 | Sep 22, 2026 |
| 2% - 90 days | 2% | $9,940 | $19,940 | Nov 21, 2026 |
| 2% - 180 days | 2% | $9,940 | $29,880 | Feb 19, 2027 |
| 2% - 270 days | 2% | $9,940 | $39,819 | May 20, 2027 |
| 2% - Occupancy | 2% | $9,940 | $49,759 | At Occupancy |
| Total Deposit | 10.0% | $49,759 |
356 sq ft × $0.69/sq ft = $246/mo
Add-ons
| Monthly Mortgage (P&I) | $2,165 |
| Property Tax (est.) | $269 |
| Maintenance Fees | $246 |
| Total Monthly Cost | $2,681 |
Down payment: $99,398 (20.0%) · Mortgage: $397,592
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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