$1,258,900
Bedrooms
3 Bed + Den
Bathrooms
2.5
Size
1184 sq ft
Exposure
North
Launch Price
$1,258,900
$1,063/sq ft
Oct 7, 2024
Current Price
$1,258,900
$1,063/sq ft
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76 Lanark Avenue
Deposit breakdown for this unit priced at $1,258,900
(15% + 5%) $5,000.00 On Signing $5,000.00 - 30 days Balance to 2.5% - 60 days 2.5% - Jun 15, 2026 2.5% - Sep 15, 2026 2.5% - Dec 15, 2026 2.5% - Dec 15, 2027 2.5% - Dec 15, 2028 5% - Occupancy
| Milestone | Rate | Amount | Cumulative | Due Date |
|---|---|---|---|---|
| $5,000.00 On Signing | $5,000.00 | $5,000 | $5,000 | On Signing |
| $5,000.00 - 30 days | $5,000.00 | $5,000 | $10,000 | May 20, 2026 |
| Balance to 2.5% - 60 days | Balance to 2.5% | $21,473 | $31,473 | Jun 19, 2026 |
| 2.5% - Jun 15, 2026 | 2.5% | $31,473 | $62,945 | Dec 24, 57497 |
| 2.5% - Sep 15, 2026 | 2.5% | $31,473 | $94,418 | Oct 20, 57498 |
| 2.5% - Dec 15, 2026 | 2.5% | $31,473 | $125,890 | Aug 16, 57499 |
| 2.5% - Dec 15, 2027 | 2.5% | $31,473 | $157,363 | Jan 2, 57527 |
| 2.5% - Dec 15, 2028 | 2.5% | $31,473 | $188,835 | May 20, 57554 |
| 5% - Occupancy | 5% | $62,945 | $251,780 | At Occupancy |
| Total Deposit | 20.0% | $251,780 |
1,184 sq ft × $0.73/sq ft = $864/mo
Add-ons
| Monthly Mortgage (P&I) | $5,338 |
| Property Tax (est.) | $682 |
| Maintenance Fees | $864 |
| Total Monthly Cost | $6,884 |
| Est. Rental IncomeBeta | −$3,650 |
| Net Monthly Cost | −$3,234 |
Down payment: $251,780 (20%) · Mortgage: $1,007,120
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).