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Home/Gemma Condos/Residence 02

Residence 02

Available

$824,900

$1,309/sq ft

1 Bed + Den·1.0 Bath·630 sq ft·South·$1,309/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

630 sq ft

Exposure

South

Prev: Residence 012 / 3Next: Residence 03
Residence 02 Floor Plan at Gemma Condos - 630 sq.ft
Click to enlarge

Floor Range: 8-32 | Unit Number: 02

Price History

$700K$731K$762K$794K$825KJul 21Nov 21Oct 23Jan 25Jan 26

Launch Price

$699,900

$1,111/sq ft

Jul 29, 2021

Current Price

$824,900

$1,309/sq ft

$125,000 (+17.9%)

Deposit Structure

Deposit breakdown for this unit priced at $824,900

(5% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$36,245$41,245Sep 22, 2026
5% - Occupancy5%$41,245$82,490At Occupancy
Total Deposit10.0%$82,490

630 sq ft × $0.65/sq ft = $410/mo

Monthly Mortgage (P&I)$3,594
Property Tax (est.)$447
Maintenance Fees$410
Total Monthly Cost$4,451

Down payment: $164,980 (20.0%) · Mortgage: $659,920

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.

Land transfer tax on this homeRent vs ownView more calculators →

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Schedule a call or meeting to discuss Residence 02.

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Resale MarketLive MLS
Est. Rent$2,275/mo
Est. Gross Yield3.3%

Active MLS Listings — Same Unit Type

15 Watergarden Drive, Unit 2302Lease

$2,800/mo

15 Watergarden Drive, Unit 2302

1 Bed + Den2d on mkt

Building Market

For Sale
$733/sqft
3on MLS
29 avg DOM
$449K–$660K
Developer
$1,144/sqft
17available
$751K–$1.3M
For Rent
$3.50/sqft
5on MLS
8 avg DOM
$2K–$3K

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