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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/The Residences at Central Park Condos/The Banyan

The Banyan

Available

$2,448,000

$1,892/sq ft

3 Bed·3.0 Bath·1294 sq ft·North·$1,892/sq ft

Bedrooms

3 Bed

Bathrooms

3.0

Size

1294 sq ft

Exposure

North

Prev: The Rosewood3 / 3
The Banyan Floor Plan at The Residences at Central Park Condos - 1294 sq.ft
Click to enlarge

Floor Range: 33 | Unit Number: 03

Price History

$2.3M$2.3M$2.4M$2.4M$2.4MMay 22Feb 23Dec 24

Launch Price

$2,288,000

$1,768/sq ft

May 15, 2022

Current Price

$2,448,000

$1,892/sq ft

▲$160,000 (+7.0%)

Comparable Listings Nearby

Beta

Similar 3 Bed condo units nearby

For Sale4 listings
115 McMahon Drive, Unit PH 11For SaleGood Match

$938,000

115 McMahon Drive, Unit PH 11

3 Bed2 Bath1000-1199 sqft
0.7 km·Built 2018·10d on mkt
25 Adra Grado Way, Unit 1519For SaleGood Match

$1,629,900

25 Adra Grado Way, Unit 1519

3 Bed3 Bath1400-1599 sqft
0.5 km·Built 2023·19d on mkt
117 Mcmahon Drive, Unit 2102For SaleGood Match

$975,000

117 Mcmahon Drive, Unit 2102

3 Bed2 Bath1000-1199 sqft
0.7 km·Built 2023·53d on mkt
121 Mcmahon Drive, Unit TH15For SaleGood Match

$999,900

121 Mcmahon Drive, Unit TH15

3 Bed4 Bath1400-1599 sqft
0.7 km·Built 2018·44d on mkt
For Rent6 listings
117 Mcmahon Drive, Unit 1002For LeaseStrong Match

$3,500/mo

117 Mcmahon Drive, Unit 1002

3 Bed2 Bath1000-1199 sqft
0.7 km·22d on mkt
117 McMahon Drive, Unit 3702For LeaseStrong Match

$3,500/mo

117 McMahon Drive, Unit 3702

3 Bed2 Bath1000-1199 sqft
0.7 km·6d on mkt
117 McMahon Drive, Unit 2102For LeaseGood Match

$3,750/mo

117 McMahon Drive, Unit 2102

3 Bed2 Bath1000-1199 sqft
0.7 km·77d on mkt
115 Mcmahon Drive, Unit 3011For LeaseGood Match

$3,700/mo

115 Mcmahon Drive, Unit 3011

3 Bed2 Bath1000-1199 sqft
0.7 km·3d on mkt
117 Mcmahon Drive, Unit 1602For LeaseGood Match

$3,500/mo

117 Mcmahon Drive, Unit 1602

3 Bed2 Bath1000-1199 sqft
0.7 km·30d on mkt
117 Mcmahon Drive, Unit 3802For LeaseGood Match

$4,300/mo

117 Mcmahon Drive, Unit 3802

3 Bed2 Bath1000-1199 sqft
0.7 km·5d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $2,448,000

(20%) $5,000.00 On Signing Balance to 2.5% - 15 days 2.5% - 30 days 5% - 120 days 5% - 365 days 5% - 540 days

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 2.5% - 15 daysBalance to 2.5%$56,200$61,200May 5, 2026
2.5% - 30 days2.5%$61,200$122,400May 20, 2026
5% - 120 days5%$122,400$244,800Aug 18, 2026
5% - 365 days5%$122,400$367,200Apr 20, 2027
5% - 540 days5%$122,400$489,600Oct 12, 2027
Total Deposit20.0%$489,600

1,294 sq ft × $0.67/sq ft = $867/mo

Add-ons

Monthly Mortgage (P&I)$10,380
Property Tax (est.)$1,326
Maintenance Fees$867
Total Monthly Cost$12,573
Est. Rental IncomeBeta−$4,175
Net Monthly Cost−$8,398

Down payment: $489,600 (20%) · Mortgage: $1,958,400

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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