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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/King’s Landing Phase 3 Condos/Suite 03

Suite 03

Available

$1,504,900

$1,348/sq ft

3 Bed·2.0 Bath·1116 sq ft·North·$1,348/sq ft

Bedrooms

3 Bed

Bathrooms

2.0

Size

1116 sq ft

Exposure

North

Prev: Suite 013 / 3
Suite 03 Floor Plan at King's Landing Phase 3 Condos - 1116 sq.ft
Click to enlarge

Floor Range: 35 | Unit Number: 03

Price History

$1.5M$1.5M$1.5M$1.6M$1.6MApr 22Sep 23

Launch Price

$1,586,900

$1,422/sq ft

Apr 22, 2022

Current Price

$1,504,900

$1,348/sq ft

▼$82,000 (-5.2%)
DatePricePrice / Sq Ft
Apr 22, 2022$1,586,900$1,422/sq ft
Sep 26, 2023$1,504,900
▼ $82,000
$1,348/sq ft
▼ $73/sqft

Comparable Listings Nearby

Beta

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For Rent6 listings
27 Mcmahon Drive, Unit 2702For LeaseStrong Match

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25 McMahon Drive, Unit #1603For LeaseStrong Match

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85 Mcmahon Drive, Unit 3702For LeaseStrong Match

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Deposit Structure

Deposit breakdown for this unit priced at $1,504,900

(12.5% + 7.5%) 5% On Signing 5% - 120 days 2.5% - 365 days 7.5% - Occupancy

MilestoneRateAmountCumulativeDue Date
5% On Signing5%$75,245$75,245On Signing
5% - 120 days5%$75,245$150,490Aug 20, 2026
2.5% - 365 days2.5%$37,623$188,113Apr 22, 2027
7.5% - Occupancy7.5%$112,868$300,980At Occupancy
Total Deposit20.0%$300,980

1,116 sq ft × $0.70/sq ft = $781/mo

Add-ons

Monthly Mortgage (P&I)$6,381
Property Tax (est.)$815
Maintenance Fees$781
Total Monthly Cost$7,978
Est. Rental IncomeBeta−$4,325
Net Monthly Cost−$3,653

Down payment: $300,980 (20%) · Mortgage: $1,203,920

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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