$604,900
Bedrooms
1 Bed
Bathrooms
1.0
Size
485 sq ft
Exposure
South
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Launch Price
$623,900
$1,286/sq ft
Mar 23, 2023
Current Price
$604,900
$1,247/sq ft
Deposit breakdown for this unit priced at $604,900
(10% + 10%) $5,000.00 On Signing Balance to 2.5% - 30 days 2.5% - 120 days 2.5% - 210 days 2.5% - 300 days 10% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $5,000.00 On Signing | $5,000.00 | $5,000 | $5,000 | On Signing |
| Balance to 2.5% - 30 days | Balance to 2.5% | $10,123 | $15,123 | Sep 21, 2026 |
| 2.5% - 120 days | 2.5% | $15,123 | $30,245 | Dec 20, 2026 |
| 2.5% - 210 days | 2.5% | $15,123 | $45,368 | Mar 20, 2027 |
| 2.5% - 300 days | 2.5% | $15,123 | $60,490 | Jun 18, 2027 |
| 10% - Occupancy | 10% | $60,490 | $120,980 | At Occupancy |
| Total Deposit | 20.0% | $120,980 |
485 sq ft × $0.69/sq ft = $335/mo
| Monthly Mortgage (P&I) | $2,635 |
| Property Tax (est.) | $328 |
| Maintenance Fees | $335 |
| Total Monthly Cost | $3,298 |
Down payment: $120,980 (20.0%) · Mortgage: $483,920
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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