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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/Cove at Waterways Condos/Paradise

Paradise

Available1 resale · 5 rental

$879,000

$1,019/sq ft · Resale avg $1,095/sqft

2 Bed·2.0 Bath·863 sq ft·West·$1,019/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

863 sq ft

Exposure

West

1 / 3Next: Energy
Paradise Floor Plan at Cove at Waterways Condos - 863 sq.ft
Click to enlarge

Floor Range: 2-4 | Unit Number: 21

Price History

$423K$555K$686K$818K$950KNov 15Jan 17Sep 23

Launch Price

$422,900

$490/sq ft

Nov 21, 2015

Current Price

$879,000

$1,019/sq ft

▲$456,100 (+107.9%)

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Sale6 listings
39 Annie Craig Drive, Unit 221For SaleStrong Match

$879,900

39 Annie Craig Drive, Unit 221

2 Bed2 Bath800-899 sqft
<0.1 km·250d on mkt
59 Annie Craig Drive, Unit 3005For SaleStrong Match

$859,900

59 Annie Craig Drive, Unit 3005

2 Bed2 Bath800-899 sqft
<0.1 km·Built 2013·20d on mkt
59 Annie Craig Drive, Unit 3702For SaleStrong Match

$1,158,000

59 Annie Craig Drive, Unit 3702

2 Bed3 Bath900-999 sqft
<0.1 km·14d on mkt
59 Annie Craig Drive, Unit 504For SaleStrong Match

$949,000

59 Annie Craig Drive, Unit 504

2 Bed2 Bath800-899 sqft
<0.1 km·81d on mkt
59 Annie Craig Drive, Unit 1005For SaleStrong Match

$798,000

59 Annie Craig Drive, Unit 1005

2 Bed2 Bath800-899 sqft
<0.1 km·25d on mkt
59 Annie Craig Drive, Unit 1505For SaleStrong Match

$765,000

59 Annie Craig Drive, Unit 1505

2 Bed2 Bath800-899 sqft
<0.1 km·12d on mkt
For Rent6 listings
39 Annie Craig Drive, Unit 321For LeaseStrong Match

$2,800/mo

39 Annie Craig Drive, Unit 321

2 Bed2 Bath800-899 sqft
<0.1 km·3d on mkt
39 Annie Craig Drive, Unit 216For LeaseStrong Match

$3,300/mo

39 Annie Craig Drive, Unit 216

2 Bed2 Bath800-899 sqft
<0.1 km·16d on mkt
39 Annie Craig Drive, Unit 216For LeaseStrong Match

$3,200/mo

39 Annie Craig Drive, Unit 216

2 Bed2 Bath800-899 sqft
<0.1 km·3d on mkt
39 Annie Craig Drive, Unit 421For LeaseStrong Match

$2,850/mo

39 Annie Craig Drive, Unit 421

2 Bed2 Bath800-899 sqft
<0.1 km·Built 2023·20d on mkt
39 Annie Craig Drive, Unit 416For LeaseStrong Match

$3,300/mo

39 Annie Craig Drive, Unit 416

2 Bed2 Bath800-899 sqft
<0.1 km·Built 2023·28d on mkt
59 Annie Craig Drive, Unit 704For LeaseStrong Match

$3,450/mo

59 Annie Craig Drive, Unit 704

2 Bed2 Bath800-899 sqft
<0.1 km·5d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $879,000

(20% + 20%) $25,000.00 On Signing Balance to 20% - Occupancy

MilestoneRateAmountCumulativeDue Date
$25,000.00 On Signing$25,000.00$25,000$25,000On Signing
Balance to 20% - OccupancyBalance to 20%$150,800$175,800At Occupancy
Total Deposit20.0%$175,800

863 sq ft × $0.70/sq ft = $604/mo

Monthly Mortgage (P&I)$3,727
Property Tax (est.)$476
Maintenance Fees$604
Total Monthly Cost$4,807
Est. Rental IncomeBeta−$3,175
Net Monthly Cost−$1,632

Down payment: $175,800 (20%) · Mortgage: $703,200

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$879,000
Est. Resale$675,000
Market vs Developer-23%(below)
$/sqft $1,019→$780
Est. Rent (5)$3,175/mo
Est. Gross Yield4.3%

Active MLS Listings — Same Unit Type

39 Annie Craig Drive, Unit 221Sale

$879,900

39 Annie Craig Drive, Unit 221

2 Bed250d on mkt
39 Annie Craig Drive, Unit 321Lease

$2,800/mo

39 Annie Craig Drive, Unit 321

2 Bed3d on mkt
39 Annie Craig Drive, Unit 421Lease

$2,850/mo

39 Annie Craig Drive, Unit 421

2 Bed20d on mkt
39 Annie Craig Drive, Unit 216Lease

$3,200/mo

39 Annie Craig Drive, Unit 216

2 Bed3d on mkt
39 Annie Craig Drive, Unit 216Lease

$3,300/mo

39 Annie Craig Drive, Unit 216

2 Bed16d on mkt
39 Annie Craig Drive, Unit 416Lease

$3,300/mo

39 Annie Craig Drive, Unit 416

2 Bed28d on mkt

Recently Sold — Same Unit Type

1 sold listing available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$1,095/sqft
20on MLS
92 avg DOM
$489K–$1.5M
Developer
$1,125/sqft
3available
$879K–$1.5M
For Rent
$4.20/sqft
91on MLS
24 avg DOM
$2K–$5K

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