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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/Adagio Condos/Salsa

Salsa

Available

$1,859,990

$1,912/sq ft

3 Bed·2.0 Bath·973 sq ft·North·$1,912/sq ft

Bedrooms

3 Bed

Bathrooms

2.0

Size

973 sq ft

Exposure

North

Prev: Allegro2 / 3Next: Flamenco
Salsa Floor Plan at Adagio Condos - 973 sq.ft
Click to enlarge

Floor Range: 22-28 | Unit Number: 05

Price History

$1.8M$1.8M$1.9M$1.9M$2.0MJul 21Sep 23Jan 25

Launch Price

$1,798,990

$1,849/sq ft

Jul 13, 2021

Current Price

$1,859,990

$1,912/sq ft

▲$61,000 (+3.4%)

Deposit Structure

Deposit breakdown for this unit priced at $1,859,990

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

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$83,000$93,000Jun 15, 2026
10% - Occupancy10%$185,999$278,999At Occupancy
Total Deposit15.0%$278,999

973 sq ft × $0.79/sq ft = $769/mo

Add-ons

Monthly Mortgage (P&I)$7,887
Property Tax (est.)$1,007
Maintenance Fees$769
Total Monthly Cost$9,664

Down payment: $371,998 (20%) · Mortgage: $1,487,992

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

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Beta

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Resale MarketLive MLS
Est. Rent (5)$4,675/mo
Est. Gross Yield3.0%

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Building Market

For Sale
$1,293/sqft
5on MLS
27 avg DOM
$598K–$1.3M
Developer
$1,827/sqft
15available
$688K–$1.9M
For Rent
$4.77/sqft
157on MLS
22 avg DOM
$2K–$6K