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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 Phase 2/The Spruce

The Spruce

Available

$618,800

$1,423/sq ft

1 Bed·1.0 Bath·435 sq ft·South·$1,423/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

435 sq ft

Exposure

South

1 / 3Next: The Cypress
The Spruce Floor Plan at The Residences at Central Park Phase 2 - 435 sq.ft
Click to enlarge

Floor Range: 9-28 | Unit Number: 10

Price History

$619K$621K$624K$626K$629KOct 23Dec 24Jul 25

Launch Price

$628,800

$1,446/sq ft

Oct 1, 2023

Current Price

$618,800

$1,423/sq ft

▼$10,000 (-1.6%)

Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Sale4 listings
117 McMahon Drive, Unit 1005For SaleGood Match

$629,900

117 McMahon Drive, Unit 1005

1 Bed1 Bath500-599 sqft
0.7 km·Built 2023·18d on mkt
25 Adra Grado Way, Unit 242For SaleGood Match

$608,800

25 Adra Grado Way, Unit 242

1 Bed1 Bath500-599 sqft
0.5 km·Built 2023·15d on mkt
25 Adra Grado Way, Unit 660For SaleGood Match

$498,000

25 Adra Grado Way, Unit 660

1 Bed1 Bath500-599 sqft
0.5 km·12d on mkt
115 Mcmahon Drive, Unit 606For SaleGood Match

$499,000

115 Mcmahon Drive, Unit 606

1 Bed1 Bath500-599 sqft
0.7 km·32d on mkt
For Rent6 listings
2756 Old Leslie Street, Unit 503For LeaseGood Match

$2,500/mo

2756 Old Leslie Street, Unit 503

1 Bed1 Bath500-599 sqft
0.3 km·14d on mkt
2756 Old Leslie Street, Unit 217For LeaseGood Match

$2,399/mo

2756 Old Leslie Street, Unit 217

1 Bed1 Bath500-599 sqft
0.3 km·20d on mkt
2756 Old Leslie Street, Unit 915For LeaseGood Match

$2,400/mo

2756 Old Leslie Street, Unit 915

1 Bed1 Bath500-599 sqft
0.3 km·81d on mkt
115 Mcmahon Drive, Unit 3808For LeaseGood Match

$2,400/mo

115 Mcmahon Drive, Unit 3808

1 Bed1 Bath0-499 sqft
0.7 km·Built 2018·25d on mkt
2756 Old Leslie Street, Unit 903For LeaseGood Match

$2,400/mo

2756 Old Leslie Street, Unit 903

1 Bed1 Bath500-599 sqft
0.3 km·18d on mkt
115 Mcmahon Drive, Unit 3707For LeaseGood Match

$2,400/mo

115 Mcmahon Drive, Unit 3707

1 Bed1 Bath0-499 sqft
0.7 km·Built 2018·19d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $618,800

(15% + 5%) $5,000.00 On Signing Balance to 2.5% - 15 days 2.5% - 30 days 5% - 180 days 5% - 450 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 2.5% - 15 daysBalance to 2.5%$10,470$15,470May 5, 2026
2.5% - 30 days2.5%$15,470$30,940May 20, 2026
5% - 180 days5%$30,940$61,880Oct 17, 2026
5% - 450 days5%$30,940$92,820Jul 14, 2027
5% - Occupancy5%$30,940$123,760At Occupancy
Total Deposit20.0%$123,760

435 sq ft × $0.67/sq ft = $291/mo

Add-ons

Monthly Mortgage (P&I)$2,624
Property Tax (est.)$335
Maintenance Fees$291
Total Monthly Cost$3,250
Est. Rental IncomeBeta−$1,975
Net Monthly Cost−$1,275

Down payment: $123,760 (20%) · Mortgage: $495,040

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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