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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/Unionglen by Forest Hill Homes/The Vela

The Vela

Available

$1,268,990

$569/sq ft

3 Bed·3.5 Bath·2230 sq ft·double Garage·rear_lane_townhomes·$569/sq ft

Bedrooms

3 Bed

Bathrooms

3.5

Size

2230 sq ft

Garage

double Garage

Townhouse Type

rear_lane_townhomes

1 / 3Next: The Solstice
The Vela Floor Plan at Unionglen by Forest Hill Homes - 2230 sq.ft
Click to enlarge

Price History

$1.3M$1.3M$1.3M$1.3M$1.3MApr 26May 26May 26Jun 26Jun 26

Launch Price

$1,264,990

$567/sq ft

Apr 15, 2026

Current Price

$1,268,990

$569/sq ft

$4,000 (+0.3%)

Low Rise Details

Type

townhouse

Storeys

3_storey

Garage

double Garage

Basement

unfinished

Ownership Type

freehold

Townhouse Type

rear_lane_townhomes

Deposit Structure

Deposit breakdown for this unit priced at $1,268,990

$20,000.00 On Signing $20,000.00 - 30 days $20,000.00 - 90 days $20,000.00 - 120 days $20,000.00 - 210 days

MilestoneRateAmountCumulativeDue Date
$20,000.00 On Signing$20,000.00$20,000$20,000On Signing
$20,000.00 - 30 days$20,000.00$20,000$40,000Sep 22, 2026
$20,000.00 - 90 days$20,000.00$20,000$60,000Nov 21, 2026
$20,000.00 - 120 days$20,000.00$20,000$80,000Dec 21, 2026
$20,000.00 - 210 days$20,000.00$20,000$100,000Mar 21, 2027
Total Deposit7.9%$100,000

2,230 sq ft × $0.00/sq ft = $0/mo

Monthly Mortgage (P&I)$5,529
Property Tax (est.)$687
Maintenance Fees$0
Total Monthly Cost$6,216

Down payment: $253,798 (20.0%) · Mortgage: $1,015,192

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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