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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/8 Cumberland Condos/Scollard

Scollard

Available

$1,799,990

$1,509/sq ft

2 Bed·2.0 Bath·1193 sq ft·North West·$1,509/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

1193 sq ft

Exposure

North West

Prev: Hazelton3 / 3
Scollard Floor Plan at 8 Cumberland Condos - 1193 sq.ft
Click to enlarge

Floor Range: 51 | Unit Number: 01

Price History

$1.8M$2.1M$2.5M$2.8M$3.2MJun 19Oct 22Oct 25

Launch Price

$1,899,990

$1,593/sq ft

Jun 25, 2019

Current Price

$1,799,990

$1,509/sq ft

$100,000 (-5.3%)

Deposit Structure

Deposit breakdown for this unit priced at $1,799,990

(5% + 5%) 5% On Signing Balance to 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
5% On Signing5%$90,000$90,000On Signing
Balance to 5% - OccupancyBalance to 5%$0$90,000At Occupancy
Total Deposit5.0%$90,000

1,193 sq ft × $0.81/sq ft = $966/mo

Add-ons

Monthly Mortgage (P&I)$7,842
Property Tax (est.)$975
Maintenance Fees$966
Total Monthly Cost$9,783

Down payment: $359,998 (20.0%) · Mortgage: $1,439,992

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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Building Market

For Sale
$1,223/sqft
4on MLS
28 avg DOM
$669K–$1.5M
Developer
$1,433/sqft
4available
$748K–$2.1M
For Rent
$4.59/sqft
5on MLS
2 avg DOM
$3K–$4K

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Rent1 listing
8 Cumberland Street, Unit 3707For LeaseStrong Match

$4,250/mo

8 Cumberland Street, Unit 3707

2 Bed2 Bath900-999 sqft
<0.1 km·7d on mkt