Assignment saleBuilder consent pending
$523,990Festival · Vaughan
1 bed · 1 bath · 499 sq ft · NE exposure · 2025-01
The numbers, plainly
- Original price with the builder
- $513,990
- Assignment price
- $523,990
- Deposit the seller already paid the builder
- $102,798 (20%)
- You pay the seller now
- $112,798
- You pay the builder at closing
- $411,192
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 1-bedroom 1b at Festival, Vaughan by Menkes. 1 bath, about 499 sq ft, NE exposure, no parking, no locker. Asking $523,990; original purchase price $513,990; $102,798 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.