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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/Olive Residences Condos/Clover

Clover

Available1 resale

$994,900

$1,284/sq ft · Resale avg $1,269/sqft

2 Bed·2.0 Bath·775 sq ft·South West·$1,284/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

775 sq ft

Exposure

South West

Prev: Juniper2 / 3Next: Townhome 1, 2 & 3
Clover Floor Plan at Olive Residences Condos - 775 sq.ft
Click to enlarge

Floor Range: 3 | Unit Number: 07

Floor Range: 5 | Unit Number: 13

Price History

$985K$987K$990K$992K$995KJan 23May 23Mar 26

Launch Price

$984,900

$1,271/sq ft

Jan 26, 2023

Current Price

$994,900

$1,284/sq ft

▲$10,000 (+1.0%)

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Sale6 listings
36 Olive Avenue, Unit 1205For SaleStrong Match

$934,900

36 Olive Avenue, Unit 1205

2 Bed2 Bath600-699 sqft
<0.1 km·4d on mkt
36 Olive Avenue, Unit 513For SaleStrong Match

$994,900

36 Olive Avenue, Unit 513

2 Bed2 Bath700-799 sqft
<0.1 km·67d on mkt
36 Olive Avenue, Unit 1508For SaleStrong Match

$830,900

36 Olive Avenue, Unit 1508

2 Bed1 Bath600-699 sqft
<0.1 km·1d on mkt
15 Holmes Avenue, Unit 1502For SaleStrong Match

$919,000

15 Holmes Avenue, Unit 1502

2 Bed2 Bath700-799 sqft
0.2 km·14d on mkt
15 Holmes Avenue, Unit 1311For SaleStrong Match

$825,000

15 Holmes Avenue, Unit 1311

2 Bed2 Bath700-799 sqft
0.2 km·Built 2023·21d on mkt
15 Holmes Avenue, Unit 1808For SaleStrong Match

$899,000

15 Holmes Avenue, Unit 1808

2 Bed2 Bath800-899 sqft
0.2 km·Built 2023·14d on mkt
For Rent6 listings
36 Olive AvenueFor LeaseStrong Match

$2,600/mo

36 Olive Avenue

2 Bed2 Bath700-799 sqft
<0.1 km·6d on mkt
36 Olive Avenue, Unit 805For LeaseStrong Match

$2,650/mo

36 Olive Avenue, Unit 805

2 Bed2 Bath600-699 sqft
<0.1 km·49d on mkt
36 OLIVE Avenue, Unit 605For LeaseStrong Match

$2,550/mo

36 OLIVE Avenue, Unit 605

2 Bed2 Bath600-699 sqft
<0.1 km·72d on mkt
36 Olive Avenue, Unit 505For LeaseStrong Match

$2,400/mo

36 Olive Avenue, Unit 505

2 Bed2 Bath600-699 sqft
<0.1 km·47d on mkt
36 Olive Avenue, Unit 2002For LeaseStrong Match

$2,650/mo

36 Olive Avenue, Unit 2002

2 Bed2 Bath700-799 sqft
<0.1 km·11d on mkt
36 Olive Avenue, Unit 1709For LeaseStrong Match

$2,775/mo

36 Olive Avenue, Unit 1709

2 Bed2 Bath600-699 sqft
<0.1 km·4d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $994,900

(20% + 20%) $10,000.00 On Signing $20,000.00 - 30 days $20,000.00 - 90 days Balance to 20% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
$20,000.00 - 30 days$20,000.00$20,000$30,000May 19, 2026
$20,000.00 - 90 days$20,000.00$20,000$50,000Jul 18, 2026
Balance to 20% - OccupancyBalance to 20%$148,980$198,980At Occupancy
Total Deposit20.0%$198,980

775 sq ft × $0.49/sq ft = $380/mo

Add-ons

Monthly Mortgage (P&I)$4,219
Property Tax (est.)$539
Maintenance Fees$380
Total Monthly Cost$5,138
Est. Rental IncomeBeta−$3,000
Net Monthly Cost−$2,138

Down payment: $198,980 (20%) · Mortgage: $795,920

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).

Resale MarketLive MLS
Developer Price$994,900
Est. Resale$890,000
Market vs Developer-11%(below)
$/sqft $1,284→$1,147

Active MLS Listings — Same Unit Type

36 Olive Avenue, Unit 513Sale

$994,900

36 Olive Avenue, Unit 513

2 Bed67d on mkt

Building Market

For Sale
$1,269/sqft
4on MLS
27 avg DOM
$700K–$995K
Developer
$1,298/sqft
3available
$966K–$1.5M
For Rent
$4.11/sqft
147on MLS
27 avg DOM
$2K–$4K

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