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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/Luna Bay Muskoka Lakeside Cottages/Middle Unit

Middle Unit

Available

$1,649,900

$1,076/sq ft

3 Bed·2.5 Bath·1533 sq ft·0·$1,076/sq ft

Bedrooms

3 Bed

Bathrooms

2.5

Size

1533 sq ft

Exposure

0

Prev: Left Unit2 / 3Next: Right Unit
Middle Unit Floor Plan at Luna Bay Muskoka Lakeside Cottages - 1533 sq.ft
Click to enlarge

Price History

$1.6M$1.6M$1.6M$1.6M$1.6MSep 24Sep 24Jan 25Feb 25

Launch Price

$1,649,000

$1,076/sq ft

Sep 13, 2024

Current Price

$1,649,900

$1,076/sq ft

▲$900 (+0.1%)

Deposit Structure

Deposit breakdown for this unit priced at $1,649,900

(17.5% + 7.5%) $10,000.00 On Signing Balance to 5% - 30 days 5% - Aug 1, 2025 5% - Feb 1, 2026 2.5% - Aug 1, 2026 7.5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$72,495$82,495Jun 15, 2026
5% - Aug 1, 20255%$82,495$164,990Mar 8, 57471
5% - Feb 1, 20265%$82,495$247,485Dec 1, 57496
2.5% - Aug 1, 20262.5%$41,248$288,733Jul 24, 57498
7.5% - Occupancy7.5%$123,743$412,475At Occupancy
Total Deposit25.0%$412,475

1,533 sq ft × $0.00/sq ft = $0/mo

Monthly Mortgage (P&I)$6,996
Property Tax (est.)$894
Maintenance Fees$0
Total Monthly Cost$7,890

Down payment: $329,980 (20%) · Mortgage: $1,319,920

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$1,649,900
Est. Resale$1,180,000
Market vs Developer-28%(below)
$/sqft $1,076→$770
Est. Rent$4,550/mo
Est. Gross Yield3.3%

Active MLS Listings — Same Unit Type

8 Telegram Mews, Unit 827Sale

$1,349,000

8 Telegram Mews, Unit 827

3 Bed15d on mkt
8 Telegram Mews, Unit 2003Lease

$4,500/mo

8 Telegram Mews, Unit 2003

3 Bed36d on mkt

Recently Sold — Same Unit Type

2 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$907/sqft
29on MLS
29 avg DOM
$418K–$1.3M
Developer
$1,080/sqft
3available
$1.6M–$1.7M
For Rent
$4.12/sqft
99on MLS
23 avg DOM
$2K–$8K