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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/Empire Quay House Condos/Malibu

Malibu

Available

$1,749,990

$1,575/sq ft

3 Bed + Den·2.0 Bath·1111 sq ft·East·$1,575/sq ft

Bedrooms

3 Bed + Den

Bathrooms

2.0

Size

1111 sq ft

Exposure

East

Prev: Clifton3 / 3
Malibu Floor Plan at Empire Quay House Condos - 1111 sq.ft
Click to enlarge

Floor Range: 11 | Unit Number: 13

Price History

$1.4M$1.5M$1.6M$1.7M$1.7MAug 20Jun 23Aug 24

Launch Price

$1,449,990

$1,305/sq ft

Aug 5, 2020

Current Price

$1,749,990

$1,575/sq ft

▲$300,000 (+20.7%)

Comparable Listings Nearby

Beta

Similar 3 Bed + Den condo units nearby

For Sale6 listings
121 Lower Sherbourne Street, Unit 1555For SaleStrong Match

$1,089,900

121 Lower Sherbourne Street, Unit 1555

3 Bed + Den3 Bath1000-1199 sqft
0.6 km·Built 2023·20d on mkt
60 Princess Street, Unit 1419For SaleStrong Match

$1,349,900

60 Princess Street, Unit 1419

3 Bed + Den3 Bath1000-1199 sqft
0.5 km·Built 2023·29d on mkt
138 Downes Street, Unit 6609For SaleStrong Match

$1,790,000

138 Downes Street, Unit 6609

3 Bed3 Bath1200-1399 sqft
0.3 km·Built 2023·4d on mkt
15 Merchants' Wharf, Unit 642For SaleGood Match

$1,248,000

15 Merchants' Wharf, Unit 642

3 Bed2 Bath1000-1199 sqft
0.3 km·6d on mkt
15 Richardson Street, Unit 332For SaleGood Match

$999,000

15 Richardson Street, Unit 332

3 Bed2 Bath900-999 sqft
<0.1 km·52d on mkt
2A Church Street, Unit 2703For SaleGood Match

$1,525,000

2A Church Street, Unit 2703

3 Bed + Den2 Bath1200-1399 sqft
0.5 km·Built 2023·43d on mkt
For Rent6 listings
138 Downes Street, Unit 7009For LeaseGood Match

$4,980/mo

138 Downes Street, Unit 7009

3 Bed3 Bath1200-1399 sqft
0.3 km·8d on mkt
138 Downes Street, Unit 7209For LeaseGood Match

$5,300/mo

138 Downes Street, Unit 7209

3 Bed3 Bath1200-1399 sqft
0.3 km·21d on mkt
138 Downes Street, Unit 5709For LeaseGood Match

$5,000/mo

138 Downes Street, Unit 5709

3 Bed3 Bath1200-1399 sqft
0.3 km·22d on mkt
138 Downes Street, Unit 5309For LeaseGood Match

$5,200/mo

138 Downes Street, Unit 5309

3 Bed3 Bath1200-1399 sqft
0.3 km·34d on mkt
138 Downes Street, Unit 5909For LeaseGood Match

$5,200/mo

138 Downes Street, Unit 5909

3 Bed3 Bath1200-1399 sqft
0.3 km·5d on mkt
138 Downes Street, Unit 6906For LeaseGood Match

$6,000/mo

138 Downes Street, Unit 6906

3 Bed3 Bath1000-1199 sqft
0.3 km·29d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $1,749,990

(5% + 5%) 1% On Signing 1% - 30 days 1% - 90 days 1% - 180 days 1% - 365 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
1% On Signing1%$17,500$17,500On Signing
1% - 30 days1%$17,500$35,000May 31, 2026
1% - 90 days1%$17,500$52,500Jul 30, 2026
1% - 180 days1%$17,500$70,000Oct 28, 2026
1% - 365 days1%$17,500$87,500May 1, 2027
5% - Occupancy5%$87,500$174,999At Occupancy
Total Deposit10.0%$174,999

1,111 sq ft × $0.62/sq ft = $689/mo

Add-ons

Monthly Mortgage (P&I)$7,421
Property Tax (est.)$948
Maintenance Fees$689
Total Monthly Cost$9,058
Est. Rental IncomeBeta−$5,150
Net Monthly Cost−$3,908

Down payment: $349,998 (20%) · Mortgage: $1,399,992

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).

Building Market

Developer
$1,646/sqft
6available
$750K–$1.7M
For Rent
$4.52/sqft
193on MLS
21 avg DOM
$2K–$3K

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