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AssignmentAssignment sale

Angus Glen South Village · 5 bed, Markham

5 bed · 4 bath · 4,430 sq ft · N

Asking price Price on request

Original price $28,350,000

In plain words

This is an assignment: you take over the original buyer's contract for Angus Glen South Village · 5 bed. You pay the builder the balance at final closing (estimated occupancy: May 2025). We confirm every figure first.

Details as advertised — not yet verified. Our team confirms the deposit, builder consent and closing costs before you offer.

Angus Glen South Village · 5 bed — photo 1
Angus Glen South Village · 5 bed — photo 2

Key facts

Original purchase price
$28,350,000
Deposit paid
$283,500
Estimated occupancy
2025-05
Project
Angus Glen South Village
Builder
N/A
Type
5B
Bedrooms
5 bed
Bathrooms
4
Interior size
4,430 sq ft
Exposure
N
Parking
None
Locker
No
Builder consent
To be confirmed

Builder consent pending — the suite number and exact floor are shared once permission is confirmed.

The assignment math

What this assignment costs, in plain numbers

Figures as advertised, not yet verified. We confirm them before you offer.

Original purchase price
$28,350,000What the seller agreed to pay the builder. You take over this contract at this price.
Deposit paid
$283,500Already paid to the builder by the seller.

Deposit schedule

  1. Paid to date$283,500Paid

Paid by the seller: $283,500 (1%)

Occupancy and closing dates

  1. Estimated occupancy2025-05

Between occupancy and final closing you can move in and pay the builder a monthly interim occupancy fee. It isn’t rent toward the price.

To be confirmed
Builder assignment fee
Not stated
Who pays it
To be confirmed
Assignable
To be confirmed

Most builders must approve an assignment and charge a fee; nothing is final until they consent in writing. If the builder refuses, the assignment can’t go ahead.

Summary

Assignment sale of a 5-bedroom 5b at Angus Glen South Village, Markham by N/A. 4 baths, about 4,430 sq ft, N exposure, no parking, no locker. Original purchase price $28,350,000; $283,500 in deposits paid. Estimated occupancy: 2025-05. 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.

Questions about this assignment

What happens to the deposit?

The seller has paid the builder $283,500 (1% of the original price). You pay that back to the seller when the assignment closes; it stays with the builder and counts toward your price. These figures are as advertised; we confirm them before you offer.

Please read

  • Brokerage. Enquiries are handled by Coldwell Banker Summit Realty, Brokerage, which may represent you as the buyer. Any agency relationship is confirmed in writing before an introduction. All contact goes through Summitly; we don't share the seller's identity or contact details.
  • Seller information. Details are as advertised and not yet verified; we confirm the deposit, builder consent and costs before you offer.
  • Builder consent required. An assignment usually needs the builder’s written consent and may carry a fee and conditions.
  • Tax. The CRA treats an assignment as a taxable supply: GST/HST may apply to the seller's profit, and the new-housing rebate can change who pays what (GST/HST Info Sheet GI-120). Ask your lawyer and tax advisor how it applies to you.
  • Not an offer. This page is not an offer to sell. Prices, dates and figures can change; land transfer tax and income-tax treatment depend on your situation. Get legal and tax advice.

New to assignments?

You take over the original buyer’s contract with the builder before closing: you repay their deposit, pay any difference in price, and close with the builder.

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