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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/Pearl Place 2 Condos/Premiere

Premiere

Available1 resale · 5 rental

$569,900

$1,055/sq ft · Resale avg $778/sqft

1 Bed·1.0 Bath·540 sq ft·West·$1,055/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

540 sq ft

Exposure

West

Prev: Prosper3 / 3
Premiere Floor Plan at Pearl Place 2 Condos - 540 sq.ft
Click to enlarge

Floor Range: 6-9, 16-19, 25-28 | Unit Number: 15

Price History

$475K$499K$522K$546K$570KOct 17Nov 17Apr 19

Launch Price

$474,900

$879/sq ft

Oct 26, 2017

Current Price

$569,900

$1,055/sq ft

▲$95,000 (+20.0%)

Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Sale6 listings
1070 Sheppard Avenue W, Unit 618For SaleGood Match

$449,900

1070 Sheppard Avenue W, Unit 618

1 Bed1 Bath500-599 sqft
4.6 km·35d on mkt
1070 SHEPPARD Avenue W, Unit 611For SaleGood Match

$549,800

1070 SHEPPARD Avenue W, Unit 611

1 Bed1 Bath600-699 sqft
4.6 km·Built 2015·45d on mkt
1070 Sheppard Avenue W, Unit 818For SaleGood Match

$459,000

1070 Sheppard Avenue W, Unit 818

1 Bed1 Bath600-699 sqft
4.6 km·55d on mkt
1070 Sheppard Avenue W, Unit 517For SaleGood Match

$608,000

1070 Sheppard Avenue W, Unit 517

1 Bed1 Bath700-799 sqft
4.7 km·Built 2013·38d on mkt
1070 Sheppard Avenue W, Unit 716For SaleGood Match

$455,000

1070 Sheppard Avenue W, Unit 716

1 Bed1 Bath600-699 sqft
4.6 km·15d on mkt
1070 Sheppard Avenue W, Unit 516For SaleGood Match

$515,000

1070 Sheppard Avenue W, Unit 516

1 Bed1 Bath600-699 sqft
4.6 km·44d on mkt
For Rent6 listings
1070 Sheppard Avenue W, Unit 603For LeaseGood Match

$2,250/mo

1070 Sheppard Avenue W, Unit 603

1 Bed1 Bath500-599 sqft
4.6 km·58d on mkt
1070 Sheppard Avenue W, Unit 619For LeaseGood Match

$2,180/mo

1070 Sheppard Avenue W, Unit 619

1 Bed1 Bath500-599 sqft
4.6 km·4d on mkt
1070 Sheppard Avenue W, Unit 416For LeaseGood Match

$2,150/mo

1070 Sheppard Avenue W, Unit 416

1 Bed1 Bath500-599 sqft
4.6 km·Built 2013·49d on mkt
1070 Sheppard Avenue W, Unit 1019For LeaseGood Match

$2,400/mo

1070 Sheppard Avenue W, Unit 1019

1 Bed1 Bath500-599 sqft
4.6 km·28d on mkt
1070 Sheppard Avenue W, Unit 1519For LeaseGood Match

$2,200/mo

1070 Sheppard Avenue W, Unit 1519

1 Bed1 Bath500-599 sqft
4.6 km·10d on mkt
1070 Sheppard Avenue W, Unit 418For LeaseGood Match

$2,300/mo

1070 Sheppard Avenue W, Unit 418

1 Bed1 Bath600-699 sqft
4.6 km·36d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $569,900

(20%) $5,000.00 On Signing Balance to 5% - 30 days 5% - 120 days 5% - 270 days 5% - 540 days

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$23,495$28,495May 20, 2026
5% - 120 days5%$28,495$56,990Aug 18, 2026
5% - 270 days5%$28,495$85,485Jan 15, 2027
5% - 540 days5%$28,495$113,980Oct 12, 2027
Total Deposit20.0%$113,980

540 sq ft × $0.56/sq ft = $302/mo

Add-ons

Monthly Mortgage (P&I)$2,417
Property Tax (est.)$309
Maintenance Fees$302
Total Monthly Cost$3,027
Est. Rental IncomeBeta−$2,225
Net Monthly Cost−$802

Down payment: $113,980 (20%) · Mortgage: $455,920

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$569,900
Est. Resale$425,000
Market vs Developer-25%(below)
$/sqft $1,055→$785
Est. Rent (5)$2,225/mo
Est. Gross Yield4.7%

Active MLS Listings — Same Unit Type

1070 Sheppard Avenue W, Unit 618Sale

$449,900

1070 Sheppard Avenue W, Unit 618

1 Bed35d on mkt
1070 Sheppard Avenue W, Unit 416Lease

$2,150/mo

1070 Sheppard Avenue W, Unit 416

1 Bed49d on mkt
1070 Sheppard Avenue W, Unit 619Lease

$2,180/mo

1070 Sheppard Avenue W, Unit 619

1 Bed4d on mkt
1070 Sheppard Avenue W, Unit 1519Lease

$2,200/mo

1070 Sheppard Avenue W, Unit 1519

1 Bed10d on mkt
1070 Sheppard Avenue W, Unit 603Lease

$2,250/mo

1070 Sheppard Avenue W, Unit 603

1 Bed58d on mkt
1070 Sheppard Avenue W, Unit 1019Lease

$2,400/mo

1070 Sheppard Avenue W, Unit 1019

1 Bed28d on mkt

Recently Sold — Same Unit Type

5 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$778/sqft
26on MLS
37 avg DOM
$448K–$825K
Developer
$1,156/sqft
18available
$520K–$1.1M
For Rent
$3.52/sqft
35on MLS
28 avg DOM
$2K–$4K

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