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RE/MAX PREMIER INTERNATIONAL INC., Brokerage logo

Frank Merigliano

Team Leader - VIPCondosToronto / Sales Representative - RE/MAX PREMIER INTERNATIONAL INC., Brokerage

RE/MAX PREMIER INTERNATIONAL INC., Brokerage · Independently Owned & Operated

1885 Wilson Avenue, Toronto, Ontario, M9M 1A2

Phone: 416-885-0172

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.

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Home/Illumina Condos/Gleam (Tower)

Gleam (Tower)

Available

$917,000

$873/sq ft

2 Bed·2.0 Bath·1050 sq ft·South·$873/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

1050 sq ft

Exposure

South

Prev: Aglow2 / 3Next: Luminescence
Gleam (Tower) Floor Plan at Illumina Condos - 1050 sq.ft
Click to enlarge

Floor Range: 4-9 | Unit Number: 08

Price History

$760K$799K$839K$878K$917KMay 21Mar 22Mar 23

Launch Price

$760,000

$724/sq ft

May 18, 2021

Current Price

$917,000

$873/sq ft

▲$157,000 (+20.7%)

Deposit Structure

Deposit breakdown for this unit priced at $917,000

(15% + 15%) $20,000.00 On Signing $20,000.00 - 180 days Balance to 15% - Occupancy

MilestoneRateAmountCumulativeDue Date
$20,000.00 On Signing$20,000.00$20,000$20,000On Signing
$20,000.00 - 180 days$20,000.00$20,000$40,000Nov 12, 2026
Balance to 15% - OccupancyBalance to 15%$97,550$137,550At Occupancy
Total Deposit15.0%$137,550

1,050 sq ft × $0.88/sq ft = $924/mo

Monthly Mortgage (P&I)$3,888
Property Tax (est.)$497
Maintenance Fees$924
Total Monthly Cost$5,309

Down payment: $183,400 (20%) · Mortgage: $733,600

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

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Beta

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Resale MarketLive MLS
Developer Price$917,000
Est. Resale (3)$775,000
Market vs Developer-15%(below)
$/sqft $873→$739

Active MLS Listings — Same Unit Type

500 Brock Avenue, Unit 808Sale

$757,700

500 Brock Avenue, Unit 808

2 Bed2d on mkt
500 Brock Avenue, Unit 808Sale

$777,700

500 Brock Avenue, Unit 808

2 Bed241d on mkt
500 Brock Avenue, Unit 408Sale

$799,000

500 Brock Avenue, Unit 408

2 Bed49d on mkt

Recently Sold — Same Unit Type

11 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$840/sqft
26on MLS
52 avg DOM
$500K–$1.4M
Developer
$914/sqft
4available
$917K–$1.6M
For Rent
$3.65/sqft
22on MLS
17 avg DOM
$2K–$4K