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Union Capital Realty, Brokerage logo

David Tsaparis

Broker of Record

Union Capital Realty, Brokerage

245 West Beaver Creek Rd #9B, Richmond Hill, ON, Canada

Phone: (289) 317-1288

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Home/Illumina Condos/Luminescence

Luminescence

Available

$1,375,000

$965/sq ft

2 Bed + Den·2.0 Bath·1425 sq ft·North·$965/sq ft

Bedrooms

2 Bed + Den

Bathrooms

2.0

Size

1425 sq ft

Exposure

North

Prev: Gleam (Tower)3 / 3
Luminescence Floor Plan at Illumina Condos - 1425 sq.ft
Click to enlarge

Floor Range: 20-21 | Unit Number: 01

Price History

$1.2M$1.3M$1.3M$1.3M$1.4MMay 21Jun 21Jan 22Jun 22Mar 23

Launch Price

$1,225,000

$860/sq ft

May 18, 2021

Current Price

$1,375,000

$965/sq ft

$150,000 (+12.2%)

Deposit Structure

Deposit breakdown for this unit priced at $1,375,000

(15%) $20,000.00 On Signing $20,000.00 - 180 days Balance to 15% - Occupancy

MilestoneRateAmountCumulativeDue Date
$20,000.00 On Signing$20,000.00$20,000$20,000On Signing
$20,000.00 - 180 days$20,000.00$20,000$40,000Feb 19, 2027
Balance to 15% - OccupancyBalance to 15%$166,250$206,250At Occupancy
Total Deposit15.0%$206,250

1,425 sq ft × $0.88/sq ft = $1,254/mo

Monthly Mortgage (P&I)$5,991
Property Tax (est.)$745
Maintenance Fees$1,254
Total Monthly Cost$7,990

Down payment: $275,000 (20.0%) · Mortgage: $1,100,000

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Land transfer tax on this homeRent vs ownView more calculators →

Book a Consultation

Schedule a call or meeting to discuss Luminescence.

Submit a Worksheet

Building Market

For Sale
$812/sqft
3on MLS
104 avg DOM
$475K–$799K
Developer
$914/sqft
4available
$917K–$1.6M

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