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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/Luminescence

Luminescence

Available

$1,375,000

$965/sq ft · Resale avg $848/sqft

2 Bed + Den·2.0 Bath·1425 sq ft·North·$965/sq ft

Bedrooms

2 Bed + Den

Bathrooms

2.0

Size

1425 sq ft

Exposure

North

Prev: Gleam (Tower)3 / 3
Luminescence Floor Plan at Illumina Condos - 1425 sq.ft
Click to enlarge

Floor Range: 20-21 | Unit Number: 01

Price History

$1.2M$1.3M$1.3M$1.3M$1.4MMay 21Jun 21Jan 22Jun 22Mar 23

Launch Price

$1,225,000

$860/sq ft

May 18, 2021

Current Price

$1,375,000

$965/sq ft

▲$150,000 (+12.2%)

Comparable Listings Nearby

Beta

Similar 2 Bed + Den condo units nearby

For Sale3 listings
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 2002For SaleGood Match

$1,398,500

500 Brock Avenue, Unit 2002

3 Bed2 Bath1400-1599 sqft
<0.1 km·71d on mkt
500 Brock Avenue, Unit 204For SaleGood Match

$795,000

500 Brock Avenue, Unit 204

2 Bed2 Bath1000-1199 sqft
<0.1 km·127d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $1,375,000

(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%$166,250$206,250At Occupancy
Total Deposit15.0%$206,250

1,425 sq ft × $0.88/sq ft = $1,254/mo

Monthly Mortgage (P&I)$5,831
Property Tax (est.)$745
Maintenance Fees$1,254
Total Monthly Cost$7,829

Down payment: $275,000 (20%) · Mortgage: $1,100,000

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

Resale MarketLive MLS

Active MLS Listings — Same Unit Type

Recently Sold — Same Unit Type

1 sold listing 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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