Assignment saleBuilder consent pending
$1,100,000Artists Alley · Toronto
3 bed · 2 bath · 972 sq ft · N exposure · 1 parking · Locker · In Occupancy
The numbers, plainly
- Original price with the builder
- $921,900
- Assignment price
- $1,100,000
- Deposit the seller already paid the builder
- $184,380 (20%)
- You pay the seller now
- $362,480
- You pay the builder at closing
- $737,520
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 3-bedroom 3b at Artists Alley, Toronto by Lanterra Developments. 2 baths, about 972 sq ft, N exposure, 1 parking, locker. Asking $1,100,000; original purchase price $921,900; $184,380 in deposits paid. Estimated occupancy: In Occupancy. 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.