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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/Marbella Phase 2 Condos/Ironwood

Ironwood

Available2 resale · 4 rental

$788,990

$852/sq ft · Resale avg $559/sqft

2 Bed·2.0 Bath·926 sq ft·North·$852/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

926 sq ft

Exposure

North

1 / 3Next: Cedar
Ironwood Floor Plan at Marbella Phase 2 Condos - 926 sq.ft
Click to enlarge

Floor Range: 2-3 | Unit Number: 14

Price History

$555K$613K$672K$730K$789KJul 21Jun 23May 24

Launch Price

$554,990

$599/sq ft

Jul 16, 2021

Current Price

$788,990

$852/sq ft

▲$234,000 (+42.2%)

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Sale2 listings
7549 KALAR Road, Unit 214For SaleStrong Match

$519,900

7549 KALAR Road, Unit 214

2 Bed2 Bath900-999 sqft
<0.1 km·Built 2023·4d on mkt
7549 Kalar Road, Unit 314For SaleStrong Match

$549,900

7549 Kalar Road, Unit 314

2 Bed2 Bath900-999 sqft
<0.1 km·Built 2023·26d on mkt
For Rent6 listings
7549 Kalar Road, Unit 308For LeaseStrong Match

$2,300/mo

7549 Kalar Road, Unit 308

2 Bed2 Bath1000-1199 sqft
<0.1 km·Built 2023·58d on mkt
7549 Kalar Road, Unit 201For LeaseStrong Match

$2,495/mo

7549 Kalar Road, Unit 201

2 Bed2 Bath900-999 sqft
<0.1 km·10d on mkt
7549 Kalar Road, Unit 314For LeaseStrong Match

$2,300/mo

7549 Kalar Road, Unit 314

2 Bed2 Bath900-999 sqft
<0.1 km·20d on mkt
7549 Kalar Road, Unit 209For LeaseStrong Match

$2,200/mo

7549 Kalar Road, Unit 209

2 Bed2 Bath1000-1199 sqft
<0.1 km·Built 2023·50d on mkt
7549 KALAR Road, Unit 213For LeaseStrong Match

$2,350/mo

7549 KALAR Road, Unit 213

2 Bed1 Bath1000-1199 sqft
<0.1 km·26d on mkt
7549 Kalar Road, Unit 403For LeaseStrong Match

$2,550/mo

7549 Kalar Road, Unit 403

2 Bed2 Bath900-999 sqft
<0.1 km·50d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $788,990

(10% + 10%) $10,000.00 On Signing Balance to 5% - 30 days 2.5% - 60 days 2.5% - 90 days 10% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$29,450$39,450May 31, 2026
2.5% - 60 days2.5%$19,725$59,174Jun 30, 2026
2.5% - 90 days2.5%$19,725$78,899Jul 30, 2026
10% - Occupancy10%$78,899$157,798At Occupancy
Total Deposit20.0%$157,798

926 sq ft × $0.00/sq ft = $0/mo

Monthly Mortgage (P&I)$3,346
Property Tax (est.)$427
Maintenance Fees$0
Total Monthly Cost$3,773
Est. Rental IncomeBeta−$2,125
Net Monthly Cost−$1,648

Down payment: $157,798 (20%) · Mortgage: $631,192

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$788,990
Est. Resale (2)$445,000
Market vs Developer-44%(below)
$/sqft $852→$482
Est. Rent (4)$2,125/mo
Est. Gross Yield3.2%

Active MLS Listings — Same Unit Type

7549 KALAR Road, Unit 214Sale

$519,900

7549 KALAR Road, Unit 214

2 Bed4d on mkt
7549 Kalar Road, Unit 314Sale

$549,900

7549 Kalar Road, Unit 314

2 Bed26d on mkt
7549 Kalar Road, Unit 314Lease

$2,250/mo

7549 Kalar Road, Unit 314

2 Bed69d on mkt
7549 Kalar Road, Unit 314Lease

$2,300/mo

7549 Kalar Road, Unit 314

2 Bed20d on mkt
7549 Kalar Road, Unit 403Lease

$2,550/mo

7549 Kalar Road, Unit 403

2 Bed50d on mkt
7549 KALAR Road, Unit 403Lease

$2,550/mo

7549 KALAR Road, Unit 403

2 Bed89d on mkt

Recently Sold — Same Unit Type

1 sold listing available

Sign in to view sold prices, dates, and trends

Building Market

For Sale
$559/sqft
3on MLS
71 avg DOM
$520K–$669K
Developer
$832/sqft
6available
$789K–$1.1M
For Rent
$2.26/sqft
20on MLS
38 avg DOM
$2K–$3K

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