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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/The Residences at Central Park Condos/The Teak

The Teak

Available

$2,978,000

$1,894/sq ft

Bedrooms3 Bed + Den·Bathrooms2.5·Size1572 sq ft·ExposureSouth East·Price / sq ft$1,894/sq ft
1 / 3Next: The Rosewood
The Teak Floor Plan at The Residences at Central Park Condos - 1572 sq.ft
Click to enlarge

Floor Range: 33 | Unit Number: 01

Price History

$2.8M$2.9M$2.9M$2.9M$3.0MMay 22Feb 23Dec 24

Launch Price

$2,818,000

$1,793/sq ft

May 15, 2022

Current Price

$2,978,000

$1,894/sq ft

$160,000 (+5.7%)

Deposit Structure

Deposit breakdown for this unit priced at $2,978,000

(20%) $5,000.00 On Signing Balance to 2.5% - 15 days 2.5% - 30 days 5% - 120 days 5% - 365 days 5% - 540 days

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 2.5% - 15 daysBalance to 2.5%$69,450$74,450Sep 7, 2026
2.5% - 30 days2.5%$74,450$148,900Sep 22, 2026
5% - 120 days5%$148,900$297,800Dec 21, 2026
5% - 365 days5%$148,900$446,700Aug 23, 2027
5% - 540 days5%$148,900$595,600Feb 14, 2028
Total Deposit20.0%$595,600

1,572 sq ft × $0.67/sq ft = $1,053/mo

Add-ons

Monthly Mortgage (P&I)$12,975
Property Tax (est.)$1,613
Maintenance Fees$1,053
Total Monthly Cost$15,641

Down payment: $595,600 (20.0%) · Mortgage: $2,382,400

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 Teak.

Submit a Worksheet

Building Market

For Sale
$1,867/sqft
8on MLS
2 avg DOM
$840K–$1.8M
Developer
$1,875/sqft
5available
$2.4M–$3.0M
For Rent
$4.38/sqft
5on MLS
15 avg DOM
$2K–$5K

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Beta

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