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ILAN JOSEPH

SearchCondos.com · Ilan Joseph | Sutton Group Admiral Realty Inc., Brokerage

1881 Steeles Avenue West, Toronto, ON

Phone: 416-419-7001

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/Crown Condos by IN8 Developments/A1

A1

Available1 rental

$499,990

$1,348/sq ft · Resale avg $1,067/sqft

Studio·1.0 Bath·371 sq ft·North·$1,348/sq ft

Bedrooms

Studio

Bathrooms

1.0

Size

371 sq ft

Exposure

North

1 / 3Next: A2
A1 Floor Plan at Crown Condos by IN8 Developments - 371 sq.ft
Click to enlarge

Floor Range: 2 | Unit Number: 23

Price History

$417K$443K$470K$496K$523KJul 21Mar 22Nov 24

Launch Price

$416,990

$1,124/sq ft

Jul 4, 2021

Current Price

$499,990

$1,348/sq ft

▲$83,000 (+19.9%)

Comparable Listings Nearby

Beta

Similar Studio condo units nearby

For Sale3 listings
223 Princess Street, Unit 716For SaleStrong Match

$319,900

223 Princess Street, Unit 716

Studio1 Bath0-499 sqft
<0.1 km·Built 2023·94d on mkt
223 Princess Street, Unit 403For SaleStrong Match

$199,900

223 Princess Street, Unit 403

1 Bed1 Bath0-499 sqft
<0.1 km·22d on mkt
223 Princess Street, Unit 912For SaleGood Match

$539,990

223 Princess Street, Unit 912

1 Bed1 Bath0-499 sqft
<0.1 km·118d on mkt
For Rent3 listings
223 Princess Street, Unit 425For LeaseStrong Match

$1,799/mo

223 Princess Street, Unit 425

1 Bath0-499 sqft
<0.1 km·20d on mkt
223 Princess Street, Unit 327For LeaseGood Match

$1,975/mo

223 Princess Street, Unit 327

1 Bed1 Bath0-499 sqft
<0.1 km·27d on mkt
223 Princess Street, Unit 215For LeaseGood Match

$1,900/mo

223 Princess Street, Unit 215

1 Bed1 Bath0-499 sqft
<0.1 km·39d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $499,990

(15% + 5%) $5,000.00 On Signing 5% - 30 days 5% - Mar 15, 2022 2.5% - Jul 1, 2022 2.5% - Feb 1, 2023 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
5% - 30 days5%$25,000$30,000Jun 4, 2026
5% - Mar 15, 20225%$25,000$54,999Sep 7, 57387
2.5% - Jul 1, 20222.5%$12,500$67,499Sep 27, 57388
2.5% - Feb 1, 20232.5%$12,500$79,999Oct 2, 57414
5% - Occupancy5%$25,000$104,998At Occupancy
Total Deposit21.0%$104,998

371 sq ft × $0.69/sq ft = $256/mo

Add-ons

Monthly Mortgage (P&I)$2,120
Property Tax (est.)$271
Maintenance Fees$256
Total Monthly Cost$2,647
Est. Rental IncomeBeta−$1,675
Net Monthly Cost−$972

Down payment: $99,998 (20%) · Mortgage: $399,992

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
Est. Rent$1,675/mo
Est. Gross Yield4.0%

Active MLS Listings — Same Unit Type

223 Princess Street, Unit 425Lease

$1,799/mo

223 Princess Street, Unit 425

20d on mkt

Building Market

For Sale
$1,067/sqft
22on MLS
70 avg DOM
$200K–$850K
Developer
$1,205/sqft
24available
$500K–$1.1M
For Rent
$4.41/sqft
21on MLS
30 avg DOM
$2K–$3K

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