Assignment saleBuilder consent pending
$789,900MODO 55 Condos · Bowmanville
2 bed · 2 bath · 1,125 sq ft · NW exposure · 2 parking · Locker · 2025-03
The numbers, plainly
- Original price with the builder
- $865,000
- Assignment price
- $789,900
- Deposit the seller already paid the builder
- $86,500 (10%)
- You pay the seller now
- $11,400
- You pay the builder at closing
- $778,500
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 2-bedroom 2b at MODO 55 Condos, Bowmanville by Kaitlin Corporation. 2 baths, about 1,125 sq ft, NW exposure, 2 parking, locker. Asking $789,900; original purchase price $865,000; $86,500 in deposits paid. Estimated occupancy: 2025-03. 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.