$747,990

Floor Range: 7-50 | Unit Number: 05
Launch Price
$498,990
$889/sq ft
Jul 20, 2016
Current Price
$747,990
$1,333/sq ft
Deposit breakdown for this unit priced at $747,990
(5% + 5%) 5% On Signing Balance to 5% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| 5% On Signing | 5% | $37,400 | $37,400 | On Signing |
| Balance to 5% - Occupancy | Balance to 5% | $0 | $37,400 | At Occupancy |
| Total Deposit | 5.0% | $37,400 |
561 sq ft × $0.81/sq ft = $454/mo
Add-ons
| Monthly Mortgage (P&I) | $3,259 |
| Property Tax (est.) | $405 |
| Maintenance Fees | $454 |
| Total Monthly Cost | $4,118 |
Down payment: $149,598 (20.0%) · Mortgage: $598,392
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.
Active MLS Listings — Same Unit Type
Sale$669,000
8 Cumberland Street, Unit 1505
Lease$2,550/mo
8 Cumberland Street, Unit 1105
Similar 1 Bed + Den condo units nearby