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Alexander Yolevski

REALTOR®

RE/MAX Condos Plus · Midtown Toronto Condo Specialist

1739 Bayview Avenue, Toronto, ON M4G 3C1

Phone: (416) 887-3386

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Home/Lot 16 Towns/The Southbrook

The Southbrook

Available

$589,990

$619/sq ft

Bedrooms3 Bed·Bathrooms2.0·Size953 sq ft·ExposureSouth·Price / sq ft$619/sq ft
1 / 3Next: The Vineland (3BR)
The Southbrook Floor Plan at Lot 16 Towns - 953 sq.ft
Click to enlarge

Floor Range: 1 | Unit Number: 06-07, 16-17, 24-26

Price History

$590K$604K$617K$631K$645KSep 23Oct 23Nov 24

Launch Price

$644,990

$677/sq ft

Sep 9, 2023

Current Price

$589,990

$619/sq ft

$55,000 (-8.5%)

Deposit Structure

Deposit breakdown for this unit priced at $589,990

(5% + 5%) $5,000.00 On Signing Balance to 2.5% - 30 days 2.5% - 90 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 2.5% - 30 daysBalance to 2.5%$9,750$14,750Sep 22, 2026
2.5% - 90 days2.5%$14,750$29,500Nov 21, 2026
5% - Occupancy5%$29,500$58,999At Occupancy
Total Deposit10.0%$58,999

953 sq ft × $0.16/sq ft = $152/mo

Add-ons

Monthly Mortgage (P&I)$2,571
Property Tax (est.)$320
Maintenance Fees$152
Total Monthly Cost$3,042

Down payment: $117,998 (20.0%) · Mortgage: $471,992

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 The Southbrook.

Submit a Worksheet
Resale MarketLive MLS
Developer Price$589,990
Est. Resale$255,000
Market vs Developer-57%(below)
$/sqft $619→$269

Active MLS Listings — Same Unit Type

16 MELBOURNE Avenue, Unit 106ASale

$599,000

16 MELBOURNE Avenue, Unit 106A

3 Bed26d on mkt

Building Market

For Sale
1on MLS
26 avg DOM
$599K
Developer
$594/sqft
6available
$585K–$709K
For Rent
$1.97/sqft
8on MLS
27 avg DOM
$2K–$3K

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Beta

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