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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/Modtera Towns/Strata

Strata

Available

$814,990

$543/sq ft

2 Bed·2.5 Bath·1502 sq ft·single Garage·other·$543/sq ft

Bedrooms

2 Bed

Bathrooms

2.5

Size

1502 sq ft

Garage

single Garage

Townhouse Type

other

1 / 3Next: Solis
Strata Floor Plan at Modtera Towns - 1502 sq.ft
Click to enlarge

Price History

$815K$834K$852K$871K$890KJun 25Nov 25May 26

Launch Price

$886,990

$591/sq ft

Jun 25, 2025

Current Price

$814,990

$543/sq ft

$72,000 (-8.1%)

Low Rise Details

Type

townhouse

Storeys

3_storey

Garage

single Garage

Townhouse Type

other

Deposit Structure

Deposit breakdown for this unit priced at $814,990

(14% + 1%) $5,000.00 On Signing Balance to 5% - 30 days 1.5% - 60 days 1.5% - 90 days 1.5% - 150 days 1.5% - 210 days 1.5% - 240 days 1.5% - 270 days 1% - Occupancy

Milestone
Rate
AmountCumulative
Due Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$35,750$40,750Sep 22, 2026
1.5% - 60 days1.5%$12,225$52,974Oct 22, 2026
1.5% - 90 days1.5%$12,225$65,199Nov 21, 2026
1.5% - 150 days1.5%$12,225$77,424Jan 20, 2027
1.5% - 210 days1.5%$12,225$89,649Mar 21, 2027
1.5% - 240 days1.5%$12,225$101,874Apr 20, 2027
1.5% - 270 days1.5%$12,225$114,099May 20, 2027
1% - Occupancy1%$8,150$122,249At Occupancy
Total Deposit15.0%$122,249

1,502 sq ft × $0.15/sq ft = $225/mo

Monthly Mortgage (P&I)$3,551
Property Tax (est.)$441
Maintenance Fees$225
Total Monthly Cost$4,217

Down payment: $162,998 (20.0%) · Mortgage: $651,992

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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