Assignment saleBuilder consent pending
$449,9008888 Yonge · Richmond Hill
1 bed · 1 bath · 506 sq ft · N exposure · Locker · 2025-01
The numbers, plainly
- Original price with the builder
- $402,900
- Assignment price
- $449,900
- Deposit the seller already paid the builder
- $80,580 (20%)
- You pay the seller now
- $127,580
- You pay the builder at closing
- $322,320
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 1-bedroom 1b at 8888 Yonge, Richmond Hill by N/A. 1 bath, about 506 sq ft, N exposure, no parking, locker. Asking $449,900; original purchase price $402,900; $80,580 in deposits paid. Estimated occupancy: 2025-01. 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.