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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/Connectt 2 Condos/2A+D

2A+D

Available

$859,990

$998/sq ft

2 Bed·2.0 Bath·862 sq ft·South West·$998/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

862 sq ft

Exposure

South West

1 / 3Next: 1G-BF-A
2A+D Floor Plan at Connectt 2 Condos - 862 sq.ft
Click to enlarge

Floor Range: 4-25

Price History

$798K$813K$829K$844K$860KNov 21Jul 22

Launch Price

$797,990

$926/sq ft

Nov 28, 2021

Current Price

$859,990

$998/sq ft

▲$62,000 (+7.8%)
DatePricePrice / Sq Ft
Nov 28, 2021$797,990$926/sq ft
Jul 14, 2022$859,990
▲ $62,000
$998/sq ft
▲ $72/sqft

Deposit Structure

Deposit breakdown for this unit priced at $859,990

(17.5% + 2.5%) $5,000.00 On Signing Balance to 5% - Aug 6, 2022 2.5% - Oct 15, 2022 2.5% - Dec 15, 2022 2.5% - Feb 15, 2023 2.5% - Sep 15, 2023 2.5% - Nov 15, 2023 2.5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - Aug 6, 2022Balance to 5%$38,000$43,000Jan 21, 57389
2.5% - Oct 15, 20222.5%$21,500$64,499Aug 18, 57389
2.5% - Dec 15, 20222.5%$21,500$85,999Mar 6, 57390
2.5% - Feb 15, 20232.5%$21,500$107,499Oct 27, 57414
2.5% - Sep 15, 20232.5%$21,500$128,999Sep 26, 57416
2.5% - Nov 15, 20232.5%$21,500$150,498Apr 14, 57417
2.5% - Occupancy2.5%$21,500$171,998At Occupancy
Total Deposit20.0%$171,998

862 sq ft × $0.61/sq ft = $526/mo

Monthly Mortgage (P&I)$3,647
Property Tax (est.)$466
Maintenance Fees$526
Total Monthly Cost$4,639

Down payment: $171,998 (20%) · Mortgage: $687,992

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

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Est. Gross Yield3.6%

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Recently Sold — Same Unit Type

1 sold listing available

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Building Market

Developer
$1,063/sqft
11available
$644K–$860K
For Rent
$3.25/sqft
51on MLS
18 avg DOM
$2K–$3K