Assignment saleBuilder consent pending
$555,000QA Condos · Toronto
1 bed · 1 bath · 430 sq ft · N exposure · 2025-04
The numbers, plainly
- Original price with the builder
- $520,900
- Assignment price
- $555,000
- Deposit the seller already paid the builder
- $78,135 (15%)
- You pay the seller now
- $112,235
- You pay the builder at closing
- $442,765
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 QA Condos, Toronto by Context Development and Riocan Real Estate Investment Trust. 1 bath, about 430 sq ft, N exposure, no parking, no locker. Asking $555,000; original purchase price $520,900; $78,135 in deposits paid. Estimated occupancy: 2025-04. 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.