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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/Merritton Mills Condos/Peninsula

Peninsula

Available

$542,800

$791/sq ft

1 Bed·1.0 Bath·686 sq ft·East·$791/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

686 sq ft

Exposure

East

Prev: Greenlane2 / 3Next: Malivoire
Peninsula Floor Plan at Merritton Mills Condos - 686 sq.ft
Click to enlarge

Floor Range: 1-5

Price History

Current Price

$542,800

$791/sq ft

DatePricePrice / Sq Ft
Nov 4, 2025$542,800$791/sq ft

Deposit Structure

Deposit breakdown for this unit priced at $542,800

(15% + 5%) $5,000.00 On Signing $10,000.00 - 30 days $10,000.00 - 90 days $10,000.00 - 180 days $20,000.00 - 270 days Balance to 15% - 365 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
$10,000.00 - 30 days$10,000.00$10,000$15,000Jun 15, 2026
$10,000.00 - 90 days$10,000.00$10,000$25,000Aug 14, 2026
$10,000.00 - 180 days$10,000.00$10,000$35,000Nov 12, 2026
$20,000.00 - 270 days$20,000.00$20,000$55,000Feb 10, 2027
Balance to 15% - 365 daysBalance to 15%$26,420$81,420May 16, 2027
5% - Occupancy5%$27,140$108,560At Occupancy
Total Deposit20.0%$108,560

686 sq ft × $0.65/sq ft = $446/mo

Add-ons

Monthly Mortgage (P&I)$2,302
Property Tax (est.)$294
Maintenance Fees$446
Total Monthly Cost$3,042

Down payment: $108,560 (20%) · Mortgage: $434,240

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

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Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Rent2 listings
405 Merritt Street, Unit 4For LeaseStrong Match

$1,700/mo

405 Merritt Street, Unit 4

1 Bed1 Bath600-699 sqft
0.4 km·Built 2023·35d on mkt
405 Merritt Street, Unit 12For LeaseFair Match

$2,500/mo

405 Merritt Street, Unit 12

2 Bed2 Bath800-899 sqft
0.4 km·4d on mkt

Building Market

For Sale
$635/sqft
1on MLS
158 avg DOM
$699K
Developer
$697/sqft
14available
$539K–$739K