Assignment saleBuilder consent pending
$575,000Y and S Condo · Toronto
1 bed · 1 bath · 585 sq ft · S exposure · Locker · 2025-10
The numbers, plainly
- Original price with the builder
- $670,000
- Assignment price
- $575,000
- Deposit the seller already paid the builder
- $134,000 (20%)
- You pay the seller now
- $39,000
- You pay the builder at closing
- $536,000
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 1-bedroom 1b at Y and S Condo, Toronto by Tribute Communities and Tenblock Developments. 1 bath, about 585 sq ft, S exposure, no parking, locker. Asking $575,000; original purchase price $670,000; $134,000 in deposits paid. Estimated occupancy: 2025-10. 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.