Assignment saleBuilder consent pending
$1,250,000King East Townhouse · Richmond Hill
3 bed · 3.5 bath · 2,415 sq ft · N exposure · 2025-01
The numbers, plainly
- Original price with the builder
- $1,202,000
- Assignment price
- $1,250,000
- Deposit the seller already paid the builder
- $120,000 (10%)
- You pay the seller now
- $168,000
- You pay the builder at closing
- $1,082,000
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 3-bedroom 3b at King East Townhouse, Richmond Hill by PLAZA. 3.5 baths, about 2,415 sq ft, N exposure, no parking, no locker. Asking $1,250,000; original purchase price $1,202,000; $120,000 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.