Assignment saleBuilder consent pending
$640,000Grand Festival Tower C · Vaughan
1 bed + den · 1 bath · 545 sq ft · S exposure · 2026-02
The numbers, plainly
- Original price with the builder
- $640,000
- Assignment price
- $640,000
- Deposit the seller already paid the builder
- $129,200 (20%)
- You pay the seller now
- $129,200
- You pay the builder at closing
- $510,800
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 Grand Festival Tower C, Vaughan by Menkes. 1 bath, about 545 sq ft, S exposure, no parking, no locker. Asking $640,000; original purchase price $640,000; $129,200 in deposits paid. Estimated occupancy: 2026-02. 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.