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RE/MAX West Realty Inc. logo

Platinum Condo Broker

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/South Forest Hill Residences/Forest Hill 550

Forest Hill 550

Available

$957,990

$1,742/sq ft

1 Bed + Den·1.0 Bath·550 sq ft·South·$1,742/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

550 sq ft

Exposure

South

Prev: Forest Hill 5663 / 3
Forest Hill 550 Floor Plan at South Forest Hill Residences - 550 sq.ft
Click to enlarge

Floor Range: 10-18 | Unit Number: 22

Price History

$921K$930K$939K$949K$958KNov 22May 23Aug 25

Launch Price

$920,990

$1,675/sq ft

Nov 3, 2022

Current Price

$957,990

$1,742/sq ft

▲$37,000 (+4.0%)

Deposit Structure

Deposit breakdown for this unit priced at $957,990

(10% + 5%) $10,000.00 On Signing Balance to 5% - 30 days 5% - Apr 2, 2026 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$37,900$47,900Jun 4, 2026
5% - Apr 2, 20265%$47,900$95,799Jun 9, 57497
5% - Occupancy5%$47,900$143,699At Occupancy
Total Deposit15.0%$143,699

550 sq ft × $0.69/sq ft = $379/mo

Add-ons

Monthly Mortgage (P&I)$4,062
Property Tax (est.)$519
Maintenance Fees$379
Total Monthly Cost$4,960

Down payment: $191,598 (20%) · Mortgage: $766,392

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

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