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RE/MAX Premier Inc., Brokerage logo

Suzan McKenzie

RE/MAX Premier Inc., Brokerage

1885 Wilson Avenue Ste 200A, Toronto, Ontario, M9M1A2

Phone: 416-743-2000

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/Illumina Condos/Gleam (Tower)

Gleam (Tower)

Available2 resale

$917,000

$873/sq ft · Resale avg $848/sqft

2 Bed·2.0 Bath·1050 sq ft·South·$873/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

1050 sq ft

Exposure

South

Prev: Aglow2 / 3Next: Luminescence
Gleam (Tower) Floor Plan at Illumina Condos - 1050 sq.ft
Click to enlarge

Floor Range: 4-9 | Unit Number: 08

Price History

$760K$799K$839K$878K$917KMay 21Mar 22Mar 23

Launch Price

$760,000

$724/sq ft

May 18, 2021

Current Price

$917,000

$873/sq ft

▲$157,000 (+20.7%)

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Sale6 listings
500 Brock Avenue, Unit 1306For SaleStrong Match

$748,000

500 Brock Avenue, Unit 1306

2 Bed2 Bath1000-1199 sqft
<0.1 km·Built 2023·2d on mkt
500 Brock Avenue, Unit 1007For SaleStrong Match

$799,999

500 Brock Avenue, Unit 1007

2 Bed2 Bath1000-1199 sqft
<0.1 km·Built 2023·59d on mkt
500 Brock Avenue, Unit 2003For SaleStrong Match

$1,099,000

500 Brock Avenue, Unit 2003

2 Bed2 Bath1000-1199 sqft
<0.1 km·66d on mkt
500 Brock Avenue, Unit 308For SaleStrong Match

$775,000

500 Brock Avenue, Unit 308

2 Bed2 Bath1000-1199 sqft
<0.1 km·5d on mkt
500 Brock Avenue, Unit 1807For SaleStrong Match

$989,900

500 Brock Avenue, Unit 1807

2 Bed2 Bath1000-1199 sqft
<0.1 km·Built 2023·15d on mkt
500 Brock Avenue, Unit 408For SaleStrong Match

$799,000

500 Brock Avenue, Unit 408

2 Bed2 Bath1000-1199 sqft
<0.1 km·Built 2023·49d on mkt
For Rent5 listings
500 Brock Avenue, Unit 1006For LeaseStrong Match

$3,600/mo

500 Brock Avenue, Unit 1006

2 Bed2 Bath1000-1199 sqft
<0.1 km
500 Brock Avenue, Unit 1106For LeaseStrong Match

$3,500/mo

500 Brock Avenue, Unit 1106

2 Bed2 Bath1000-1199 sqft
<0.1 km·4d on mkt
500 Brock Avenue, Unit 1107For LeaseStrong Match

$3,500/mo

500 Brock Avenue, Unit 1107

2 Bed2 Bath1000-1199 sqft
<0.1 km·18d on mkt
500 Brock Avenue, Unit 1107For LeaseStrong Match

$3,400/mo

500 Brock Avenue, Unit 1107

2 Bed2 Bath1000-1199 sqft
<0.1 km·Built 2023·5d on mkt
500 Brock Avenue, Unit # 1003For LeaseStrong Match

$3,150/mo

500 Brock Avenue, Unit # 1003

2 Bed2 Bath800-899 sqft
<0.1 km·Built 2023·7d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $917,000

(15% + 15%) $20,000.00 On Signing $20,000.00 - 180 days Balance to 15% - Occupancy

MilestoneRateAmountCumulativeDue Date
$20,000.00 On Signing$20,000.00$20,000$20,000On Signing
$20,000.00 - 180 days$20,000.00$20,000$40,000Oct 19, 2026
Balance to 15% - OccupancyBalance to 15%$97,550$137,550At Occupancy
Total Deposit15.0%$137,550

1,050 sq ft × $0.88/sq ft = $924/mo

Monthly Mortgage (P&I)$3,888
Property Tax (est.)$497
Maintenance Fees$924
Total Monthly Cost$5,309
Est. Rental IncomeBeta−$3,775
Net Monthly Cost−$1,534

Down payment: $183,400 (20%) · Mortgage: $733,600

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

Rental estimate based on median of nearby comparable units (beta).

Resale MarketLive MLS
Developer Price$917,000
Est. Resale (2)$785,000
Market vs Developer-14%(below)
$/sqft $873→$746

Active MLS Listings — Same Unit Type

500 Brock Avenue, Unit 808Sale

$777,700

500 Brock Avenue, Unit 808

2 Bed233d on mkt
500 Brock Avenue, Unit 408Sale

$799,000

500 Brock Avenue, Unit 408

2 Bed49d on mkt

Recently Sold — Same Unit Type

10 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$848/sqft
24on MLS
54 avg DOM
$519K–$1.4M
Developer
$914/sqft
4available
$917K–$1.6M
For Rent
$3.67/sqft
22on MLS
14 avg DOM
$2K–$4K

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