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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/Cedar

Cedar

Available2 resale · 12 rental

$829,990

$889/sq ft · Resale avg $559/sqft

2 Bed·2.0 Bath·934 sq ft·South·$889/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

934 sq ft

Exposure

South

Prev: Ironwood2 / 3Next: Hickory
Cedar Floor Plan at Marbella Phase 2 Condos - 934 sq.ft
Click to enlarge

Floor Range: 1-3 | Unit Number: 03

Price History

$580K$642K$705K$767K$830KJul 21Jun 23May 24

Launch Price

$579,990

$621/sq ft

Jul 16, 2021

Current Price

$829,990

$889/sq ft

▲$250,000 (+43.1%)

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 2023·8d 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 209  Building AFor LeaseStrong Match

$2,200/mo

7549 Kalar Road, Unit 209 Building A

2 Bed2 Bath1000-1199 sqft
<0.1 km·Built 2023·56d 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 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 208For LeaseStrong Match

$2,300/mo

7549 Kalar Road, Unit 208

2 Bed2 Bath1000-1199 sqft
<0.1 km·45d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $829,990

(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%$31,500$41,500Jun 4, 2026
2.5% - 60 days2.5%$20,750$62,249Jul 4, 2026
2.5% - 90 days2.5%$20,750$82,999Aug 3, 2026
10% - Occupancy10%$82,999$165,998At Occupancy
Total Deposit20.0%$165,998

934 sq ft × $0.00/sq ft = $0/mo

Monthly Mortgage (P&I)$3,519
Property Tax (est.)$450
Maintenance Fees$0
Total Monthly Cost$3,969
Est. Rental IncomeBeta−$2,125
Net Monthly Cost−$1,844

Down payment: $165,998 (20%) · Mortgage: $663,992

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
Developer Price$829,990
Est. Resale (2)$450,000
Market vs Developer-46%(below)
$/sqft $889→$482
Est. Rent (12)$2,125/mo
Est. Gross Yield3.1%

Active MLS Listings — Same Unit Type

7549 KALAR Road, Unit 214Sale

$519,900

7549 KALAR Road, Unit 214

2 Bed8d on mkt
7549 Kalar Road, Unit 314Sale

$549,900

7549 Kalar Road, Unit 314

2 Bed26d on mkt
7549 Kalar Road, Unit 209  Building ALease

$2,200/mo

7549 Kalar Road, Unit 209 Building A

2 Bed56d on mkt
7549 Kalar Road, Unit 208Lease

$2,200/mo

7549 Kalar Road, Unit 208

2 Bed55d on mkt
7549 Kalar Road, Unit 314Lease

$2,250/mo

7549 Kalar Road, Unit 314

2 Bed69d on mkt
7549 Kalar Road, Unit 208Lease

$2,300/mo

7549 Kalar Road, Unit 208

2 Bed45d on mkt
7549 Kalar Road, Unit 308Lease

$2,300/mo

7549 Kalar Road, Unit 308

2 Bed58d on mkt
7549 Kalar Road, Unit 314Lease

$2,300/mo

7549 Kalar Road, Unit 314

2 Bed20d on mkt
7549 KALAR Road, Unit 216Lease

$2,300/mo

7549 KALAR Road, Unit 216

2 Bed24d on mkt
7549 KALAR Road, Unit 213Lease

$2,350/mo

7549 KALAR Road, Unit 213

2 Bed26d on mkt
7549 Kalar Road, Unit 201Lease

$2,495/mo

7549 Kalar Road, Unit 201

2 Bed10d 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
7549 Kalar Road, Unit 217Lease

$2,650/mo

7549 Kalar Road, Unit 217

2 Bed25d 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
72 avg DOM
$520K–$669K
Developer
$832/sqft
6available
$789K–$1.1M
For Rent
$2.26/sqft
20on MLS
39 avg DOM
$2K–$3K

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