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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/NEXT – Elgin East Phase 2 Condos/Riley

Riley

Available

$754,900

$1,169/sq ft

1 Bed + Den·2.0 Bath·646 sq ft·South·$1,169/sq ft

Bedrooms

1 Bed + Den

Bathrooms

2.0

Size

646 sq ft

Exposure

South

Prev: Isla3 / 3
Riley Floor Plan at NEXT - Elgin East Phase 2 Condos - 646 sq.ft
Click to enlarge

Floor Range: 2-10 | Unit Number: 23, 31

Price History

$468K$540K$611K$683K$755KMar 19Jan 20Sep 24

Launch Price

$467,900

$724/sq ft

Mar 1, 2019

Current Price

$754,900

$1,169/sq ft

▲$287,000 (+61.3%)

Deposit Structure

Deposit breakdown for this unit priced at $754,900

(10%) $5,000.00 On Signing Balance to 5% - 10 days 5% - 60 days

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 10 daysBalance to 5%$32,745$37,745May 26, 2026
5% - 60 days5%$37,745$75,490Jul 15, 2026
Total Deposit10.0%$75,490

646 sq ft × $0.56/sq ft = $362/mo

Monthly Mortgage (P&I)$3,201
Property Tax (est.)$409
Maintenance Fees$362
Total Monthly Cost$3,972

Down payment: $150,980 (20%) · Mortgage: $603,920

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

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Resale MarketLive MLS
Developer Price$754,900
Est. Resale$435,000
Market vs Developer-42%(below)
$/sqft $1,169→$670
Est. Rent (14)$2,200/mo
Est. Gross Yield3.5%

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Recently Sold — Same Unit Type

4 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$839/sqft
13on MLS
62 avg DOM
$500K–$785K
Developer
$1,158/sqft
10available
$696K–$1.1M
For Rent
$3.63/sqft
90on MLS
23 avg DOM
$2K–$3K