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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/Freed Hotel & Residences/S.2

S.2

Available

$849,900

$2,083/sq ft

Studio·1.0 Bath·408 sq ft·North·$2,083/sq ft

Bedrooms

Studio

Bathrooms

1.0

Size

408 sq ft

Exposure

North

Prev: S.7 BF3 / 3
S.2 Floor Plan at Freed Hotel & Residences - 408 sq.ft
Click to enlarge

Floor Range: 12, 29-31 | Unit Number: 07, 10

Floor Range: 13 | Unit Number: 04, 07

Floor Range: 14-28 | Unit Number: 09, 12

Price History

$770K$790K$810K$830K$850KMar 24Jun 24Feb 26

Launch Price

$769,900

$1,887/sq ft

Mar 26, 2024

Current Price

$849,900

$2,083/sq ft

▲$80,000 (+10.4%)

Deposit Structure

Deposit breakdown for this unit priced at $849,900

(15% + 5%) $10,000.00 On Signing Balance to 5% - 30 days 5% - 180 days 2.5% - 720 days 2.5% - 1200 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$32,495$42,495Jun 15, 2026
5% - 180 days5%$42,495$84,990Nov 12, 2026
2.5% - 720 days2.5%$21,248$106,238May 5, 2028
2.5% - 1200 days2.5%$21,248$127,485Aug 28, 2029
5% - Occupancy5%$42,495$169,980At Occupancy
Total Deposit20.0%$169,980

408 sq ft × $0.87/sq ft = $355/mo

Monthly Mortgage (P&I)$3,604
Property Tax (est.)$460
Maintenance Fees$355
Total Monthly Cost$4,419

Down payment: $169,980 (20%) · Mortgage: $679,920

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

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Building Market

For Sale
$1,876/sqft
1on MLS
108 avg DOM
$469K
Developer
$2,326/sqft
22available
$600K–$13.2M