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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/Richmond Hill Grace Towns/Orchid

Orchid

Available

$838,990

$981/sq ft

2 Bed·2.0 Bath·855 sq ft·East·$981/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

855 sq ft

Exposure

East

1 / 3Next: Daisy
Orchid Floor Plan at Richmond Hill Grace Towns - 855 sq.ft
Click to enlarge

Floor Range: 2 | Unit Number: 04, 07, 10

Price History

$739K$764K$789K$814K$839KMay 21Jul 21

Launch Price

$738,990

$864/sq ft

May 11, 2021

Current Price

$838,990

$981/sq ft

▲$100,000 (+13.5%)
DatePricePrice / Sq Ft
May 11, 2021$738,990$864/sq ft
Jul 7, 2021$838,990
▲ $100,000
$981/sq ft
▲ $117/sqft

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Sale3 listings
11611 Yonge Street, Unit 708For SaleFair Match

$850,000

11611 Yonge Street, Unit 708

2 Bed2 Bath1000-1199 sqft
1.4 km·Built 2023·11d on mkt
11611 Yonge Street, Unit 319For SaleFair Match

$749,000

11611 Yonge Street, Unit 319

2 Bed + Den2 Bath1000-1199 sqft
1.4 km·Built 2023·43d on mkt
16 Paper Mills CrescentFor SaleFair Match

$1,368,000

16 Paper Mills Crescent

3 Bed3 Bath
0.7 km·Built 2015·19d on mkt
For Rent2 listings
11611 Yonge Street, Unit 521For LeaseGood Match

$3,200/mo

11611 Yonge Street, Unit 521

2 Bed2 Bath800-899 sqft
1.4 km·49d on mkt
11611 Yonge Street, Unit PH11For LeaseGood Match

$3,100/mo

11611 Yonge Street, Unit PH11

2 Bed + Den2 Bath800-899 sqft
1.4 km·73d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $838,990

(15.5% + 3.5%) $5,000.00 On Signing Balance to 5% - 30 days 3.5% - 180 days 3.5% - 360 days 3.5% - 540 days 3.5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$36,950$41,950May 22, 2026
3.5% - 180 days3.5%$29,365$71,314Oct 19, 2026
3.5% - 360 days3.5%$29,365$100,679Apr 17, 2027
3.5% - 540 days3.5%$29,365$130,043Oct 14, 2027
3.5% - Occupancy3.5%$29,365$159,408At Occupancy
Total Deposit19.0%$159,408

855 sq ft × $0.00/sq ft = $0/mo

Monthly Mortgage (P&I)$3,558
Property Tax (est.)$454
Maintenance Fees$0
Total Monthly Cost$4,012
Est. Rental IncomeBeta−$2,850
Net Monthly Cost−$1,162

Down payment: $167,798 (20%) · Mortgage: $671,192

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).

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