Assignment saleBuilder consent pending
$1,288,8008 Cumberland Condos · Toronto
2 bed · 2 bath · 717 sq ft · SW exposure · Occupied
The numbers, plainly
- Original price with the builder
- $1,093,990
- Assignment price
- $1,288,800
- Deposit the seller already paid the builder
- $218,798 (20%)
- You pay the seller now
- $413,608
- You pay the builder at closing
- $875,192
You reimburse the seller's deposit plus their profit. Builder fees, HST and closing costs vary; your agent confirms the exact figures from the agreement.
Most builders must consent to an assignment and may charge a fee. Ask for the original agreement, all amendments and the deposit receipts. A licensed agent reviews these with you before any offer.
How do assignments work?About this suite
Assignment sale of a 2-bedroom 2b at 8 Cumberland Condos, Toronto by great gulf. 2 baths, about 717 sq ft, SW exposure, no parking, no locker. Asking $1,288,800; original purchase price $1,093,990; $218,798 in deposits paid. Estimated occupancy: Occupied. Details are as advertised and not yet verified by Summitly — ask our team to confirm the deposit, builder consent and closing costs before you offer.