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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

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Home/U.C. Tower 2 Condos/Suite 329

Suite 329

Available

$620,990

$1,109/sq ft

1 Bed + Den·1.0 Bath·560 sq ft·South·$1,109/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

560 sq ft

Exposure

South

Prev: Suite 3302 / 3Next: Suite 328
Suite 329 Floor Plan at U.C. Tower 2 Condos - 560 sq.ft
Click to enlarge

Floor Range: 3 | Unit Number: 29

Price History

Current Price

$620,990

$1,109/sq ft

DatePricePrice / Sq Ft
Dec 12, 2024$620,990$1,109/sq ft

Deposit Structure

Deposit breakdown for this unit priced at $620,990

(5% + 1%) $10,000.00 On Signing Balance to 5% - 30 days 1% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$21,050$31,050Sep 22, 2026
1% - Occupancy1%$6,210$37,259At Occupancy
Total Deposit6.0%$37,259

560 sq ft × $0.56/sq ft = $314/mo

Monthly Mortgage (P&I)$2,706
Property Tax (est.)$336
Maintenance Fees$314
Total Monthly Cost$3,356

Down payment: $124,198 (20.0%) · Mortgage: $496,792

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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Resale MarketLive MLS
Developer Price$620,990
Est. Resale$370,000
Market vs Developer-40%(below)
$/sqft $1,109→$656
Est. Rent (3)$1,950/mo
Est. Gross Yield3.8%

Active MLS Listings — Same Unit Type

2545 SIMCOE Street N, Unit 2321Sale

$423,500

2545 SIMCOE Street N, Unit 2321

1 Bed + Den1d on mkt
2545 Simcoe Street N, Unit 2313Lease

$1,900/mo

2545 Simcoe Street N, Unit 2313

1 Bed + Den21d on mkt
2545 Simcoe Street N, Unit 631Lease

$2,000/mo

2545 Simcoe Street N, Unit 631

1 Bed + Den1d on mkt
2545 Simcoe Street N, Unit 929Lease

$2,100/mo

2545 Simcoe Street N, Unit 929

1 Bed + Den1d on mkt

Building Market

For Sale
$717/sqft
8on MLS
22 avg DOM
$360K–$638K
Developer
$1,028/sqft
13available
$532K–$943K
For Rent
$3.42/sqft
16on MLS
7 avg DOM
$2K–$3K

Comparable Listings Nearby

Beta

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2545 Simcoe Street N, Unit 835For SaleFair Match

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For Rent3 listings
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