Assignment saleBuilder consent pending
$560,000Gemma Condos · Mississauga
1 bed + den · 1 bath · 670 sq ft · SW exposure · 1 parking · Locker · 2025-07
The numbers, plainly
- Original price with the builder
- $760,000
- Assignment price
- $560,000
- Deposit the seller already paid the builder
- $114,000 (15%)
- You pay the seller now
- $-86,000
- You pay the builder at closing
- $646,000
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 + den 1b+d at Gemma Condos, Mississauga by Pinnacle. 1 bath, about 670 sq ft, SW exposure, 1 parking, locker. Asking $560,000; original purchase price $760,000; $114,000 in deposits paid. Estimated occupancy: 2025-07. 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.