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RE/MAX West Realty Inc. logo

Jad Sandhu

RE/MAX West Realty Inc.

10473 Islington Ave., Kleinburg, ON L0J 1C0, Canada

Phone: 905-607-2000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/The Deane Condos/The Ortona

The Ortona

Available

$872,990

$1,221/sq ft

1 Bed·1.0 Bath·715 sq ft·South·$1,221/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

715 sq ft

Exposure

South

1 / 3Next: The Tannery
The Ortona Floor Plan at The Deane Condos - 715 sq.ft
Click to enlarge

Floor Range: 2-4 | Unit Number: 01

Price History

$775K$799K$824K$848K$873KMar 22Mar 23Apr 25

Launch Price

$800,000

$1,119/sq ft

Mar 29, 2022

Current Price

$872,990

$1,221/sq ft

▲$72,990 (+9.1%)

Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Rent1 listing
123 Maurice Drive, Unit 407For LeaseGood Match

$3,500/mo

123 Maurice Drive, Unit 407

1 Bed + Den2 Bath700-799 sqft
0.5 km·57d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $872,990

(10% + 5%) $10,000.00 On Signing Balance to 2.5% - 30 days 2.5% - 90 days 2.5% - 120 days 2.5% - 150 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 2.5% - 30 daysBalance to 2.5%$11,825$21,825Jun 5, 2026
2.5% - 90 days2.5%$21,825$43,650Aug 4, 2026
2.5% - 120 days2.5%$21,825$65,474Sep 3, 2026
2.5% - 150 days2.5%$21,825$87,299Oct 3, 2026
5% - Occupancy5%$43,650$130,949At Occupancy
Total Deposit15.0%$130,949

715 sq ft × $0.41/sq ft = $293/mo

Monthly Mortgage (P&I)$3,702
Property Tax (est.)$473
Maintenance Fees$293
Total Monthly Cost$4,468
Est. Rental IncomeBeta−$3,375
Net Monthly Cost−$1,093

Down payment: $174,598 (20%) · Mortgage: $698,392

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).

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