Assignment saleBuilder consent pending
$500,000The Tailor · Toronto
1 bed · 1 bath · 504 sq ft · N exposure · Occupied
The numbers, plainly
- Original price with the builder
- $464,990
- Assignment price
- $500,000
- Deposit the seller already paid the builder
- $70,000 (15%)
- You pay the seller now
- $105,010
- You pay the builder at closing
- $394,990
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 The Tailor, Toronto by Marlin Spring. 1 bath, about 504 sq ft, N exposure, no parking, no locker. Asking $500,000; original purchase price $464,990; $70,000 in deposits paid. Estimated occupancy: Occupied. 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.