Assignment saleBuilder consent pending
$449,999Festival Tower B · Vaughan
0 bed · 1 bath · 322 sq ft · N exposure · 2025-02
The numbers, plainly
- Original price with the builder
- $378,990
- Assignment price
- $449,999
- Deposit the seller already paid the builder
- $75,800 (20%)
- You pay the seller now
- $146,809
- You pay the builder at closing
- $303,190
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 studio 0b at Festival Tower B, Vaughan by Menkes. 1 bath, about 322 sq ft, N exposure, no parking, no locker. Asking $449,999; original purchase price $378,990; $75,800 in deposits paid. Estimated occupancy: 2025-02. 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.