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Frank Merigliano

Team Leader - VIPCondosToronto / Sales Representative - RE/MAX PREMIER INTERNATIONAL INC., Brokerage

RE/MAX PREMIER INTERNATIONAL INC., Brokerage · Independently Owned & Operated

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Home/Olive Residences Condos/Laurel

Laurel

Available

$463,900

$998/sq ft

1 Bed·1.0 Bath·465 sq ft·South·$998/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

465 sq ft

Exposure

South

1 / 3Next: Lime
Laurel Floor Plan at Olive Residences Condos - 465 sq.ft
Click to enlarge

Floor Range: 7-32 | Unit Number: 10

Price History

$464K$526K$588K$650K$712KJan 23Feb 23Feb 23Jun 26Jul 26

Launch Price

$694,900

$1,494/sq ft

Jan 26, 2023

Current Price

$463,900

$998/sq ft

$231,000 (-33.2%)

Deposit Structure

Deposit breakdown for this unit priced at $463,900

(20%) $10,000.00 On Signing $20,000.00 - 30 days $20,000.00 - 90 days Balance to 20% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
$20,000.00 - 30 days$20,000.00$20,000$30,000Sep 21, 2026
$20,000.00 - 90 days$20,000.00$20,000$50,000Nov 20, 2026
Balance to 20% - OccupancyBalance to 20%$42,780$92,780At Occupancy
Total Deposit20.0%$92,780

465 sq ft × $0.49/sq ft = $228/mo

Add-ons

Monthly Mortgage (P&I)$2,021
Property Tax (est.)$251
Maintenance Fees$228
Total Monthly Cost$2,500

Down payment: $92,780 (20.0%) · Mortgage: $371,120

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 →

Book a Consultation

Schedule a call or meeting to discuss Laurel.

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Resale MarketLive MLS
Est. Rent$2,350/mo
Est. Gross Yield6.1%

Active MLS Listings — Same Unit Type

36 Olive Avenue, Unit 2803Lease

$2,200/mo

36 Olive Avenue, Unit 2803

1 Bed27d on mkt

Building Market

For Sale
2on MLS
71 avg DOM
$700K
Developer
$968/sqft
6available
$464K–$801K
For Rent
$4.28/sqft
4on MLS
9 avg DOM
$2K–$4K

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Beta

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