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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

Union Capital Realty makes every effort to provide accurate, up-to-date pre-construction information. However, details may change without notice, and we cannot guarantee that all information is complete or error-free. Union Capital Realty assumes no liability for errors, omissions, or reliance on this information. This website is for general reference only and is not a substitute for legal, tax, accounting, or other professional advice. Please verify all details independently before making decisions.

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Home/The Design District Condos Tower B/Iron

Iron

Available

$429,900

$1,165/sq ft

Studio·1.0 Bath·369 sq ft·South·$1,165/sq ft

Bedrooms

Studio

Bathrooms

1.0

Size

369 sq ft

Exposure

South

1 / 3Next: Zinc
Iron Floor Plan at The Design District Condos Tower B - 369 sq.ft
Click to enlarge

Floor Range: 10-31 | Unit Number: 06

Price History

$430K$442K$454K$466K$478KAug 22Apr 23Apr 24

Launch Price

$454,990

$1,233/sq ft

Aug 19, 2022

Current Price

$429,900

$1,165/sq ft

$25,090 (-5.5%)

Deposit Structure

Deposit breakdown for this unit priced at $429,900

(10% + 10%) $5,000.00 On Signing Balance to 2.5% - 30 days 2.5% - 90 days 2.5% - Jan 7, 2026 2.5% - May 7, 2026 10% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 2.5% - 30 daysBalance to 2.5%$5,748$10,748Sep 22, 2026
2.5% - 90 days2.5%$10,748$21,495Nov 21, 2026
2.5% - Jan 7, 20262.5%$10,748$32,243Dec 6, 57496
2.5% - May 7, 20262.5%$10,748$42,990Jan 10, 57498
10% - Occupancy10%$42,990$85,980At Occupancy
Total Deposit20.0%$85,980

369 sq ft × $0.61/sq ft = $225/mo

Add-ons

Monthly Mortgage (P&I)$1,873
Property Tax (est.)$233
Maintenance Fees$225
Total Monthly Cost$2,331

Down payment: $85,980 (20.0%) · Mortgage: $343,920

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 →

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