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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/Gallery Towers Condos/The Teal

The Teal

Available5 rental

$720,990

$1,226/sq ft · Resale avg $489/sqft

1 Bed·1.0 Bath·588 sq ft·North·$1,226/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

588 sq ft

Exposure

North

Prev: The Fuchsia2 / 3Next: The Mauve
The Teal Floor Plan at Gallery Towers Condos - 588 sq.ft
Click to enlarge

Floor Range: 9-27 | Unit Number: 16

Price History

$699K$711K$722K$734K$746KJul 22Jan 24Feb 26

Launch Price

$707,990

$1,204/sq ft

Jul 27, 2022

Current Price

$720,990

$1,226/sq ft

▲$13,000 (+1.8%)

Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Sale6 listings
180 Enterprise Boulevard, Unit 801For SaleStrong Match

$518,000

180 Enterprise Boulevard, Unit 801

1 Bed1 Bath500-599 sqft
0.1 km·56d on mkt
292 Verdale Crossing, Unit 1713For SaleStrong Match

$399,000

292 Verdale Crossing, Unit 1713

1 Bed1 Bath500-599 sqft
0.2 km·Built 2023·9d on mkt
8081 Birchmount Road, Unit 913For SaleStrong Match

$519,000

8081 Birchmount Road, Unit 913

1 Bed1 Bath500-599 sqft
0.2 km·4d on mkt
292 VERDALE Crossing, Unit (BUILDING B) UNIT 1002For SaleStrong Match

$499,000

292 VERDALE Crossing, Unit (BUILDING B) UNIT 1002

1 Bed1 Bath500-599 sqft
0.2 km·45d on mkt
180 Enterprise Boulevard, Unit 1204For SaleStrong Match

$499,900

180 Enterprise Boulevard, Unit 1204

1 Bed1 Bath500-599 sqft
0.1 km·Built 2018·59d on mkt
180 Enterprise Boulevard, Unit 704For SaleStrong Match

$568,000

180 Enterprise Boulevard, Unit 704

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2018·38d on mkt
For Rent6 listings
38 Andre De Grasse Street, Unit 1208For LeaseStrong Match

$2,000/mo

38 Andre De Grasse Street, Unit 1208

1 Bed1 Bath500-599 sqft
<0.1 km·32d on mkt
56 Andre De Grasse Street, Unit 1516For LeaseStrong Match

$2,000/mo

56 Andre De Grasse Street, Unit 1516

1 Bed1 Bath500-599 sqft
0.1 km·10d on mkt
38 Andre De Grasse Street, Unit 1108For LeaseStrong Match

$2,100/mo

38 Andre De Grasse Street, Unit 1108

1 Bed1 Bath500-599 sqft
<0.1 km·17d on mkt
38 Andre De Grasse Street, Unit 1508For LeaseStrong Match

$1,980/mo

38 Andre De Grasse Street, Unit 1508

1 Bed1 Bath500-599 sqft
<0.1 km·13d on mkt
38 Andre De Grasse Street, Unit 1608For LeaseStrong Match

$2,000/mo

38 Andre De Grasse Street, Unit 1608

1 Bed1 Bath500-599 sqft
<0.1 km·4d on mkt
38 Andre De Grasse Street, Unit 1208For LeaseStrong Match

$2,000/mo

38 Andre De Grasse Street, Unit 1208

1 Bed1 Bath500-599 sqft
<0.1 km·8d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $720,990

(5%) 5% On Signing

MilestoneRateAmountCumulativeDue Date
5% On Signing5%$36,050$36,050On Signing
Total Deposit5.0%$36,050

588 sq ft × $0.63/sq ft = $370/mo

Monthly Mortgage (P&I)$3,057
Property Tax (est.)$391
Maintenance Fees$370
Total Monthly Cost$3,818
Est. Rental IncomeBeta−$2,175
Net Monthly Cost−$1,643

Down payment: $144,198 (20%) · Mortgage: $576,792

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
Est. Rent (5)$2,175/mo
Est. Gross Yield3.6%

Active MLS Listings — Same Unit Type

56 Andre De Grasse Street, Unit 1516Lease

$2,000/mo

56 Andre De Grasse Street, Unit 1516

1 Bed10d on mkt
56 Andre De Grasse Street, Unit 1416Lease

$2,100/mo

56 Andre De Grasse Street, Unit 1416

1 Bed8d on mkt
56 Andre De Grasse Street, Unit 2316Lease

$2,200/mo

56 Andre De Grasse Street, Unit 2316

1 Bed1d on mkt
56 Andre de Grasse Street, Unit 1116Lease

$2,300/mo

56 Andre de Grasse Street, Unit 1116

1 Bed12d on mkt
56 Andre de Grasse Street, Unit 2616Lease

$2,300/mo

56 Andre de Grasse Street, Unit 2616

1 Bed17d on mkt

Recently Sold — Same Unit Type

6 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$489/sqft
17on MLS
53 avg DOM
$425K–$1.4M
Developer
$1,167/sqft
23available
$662K–$1.4M
For Rent
$3.65/sqft
221on MLS
22 avg DOM
$2K–$4K

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