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SAGE Real Estate Ltd., Brokerage logo

Mark Savel

SAGE Real Estate Ltd., Brokerage

2010 Yonge St, Toronto, ON M4S 1Z9, Canada

Phone: 416-483-8000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Mark Savel. All rights reserved.

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Home/Terrace Park Towns Phase 2/Cherry Ridge

Cherry Ridge

Available

$1,318,880

$663/sq ft

3 Bed·2.5 Bath·1990 sq ft·North·$663/sq ft

Bedrooms

3 Bed

Bathrooms

2.5

Size

1990 sq ft

Exposure

North

1 / 3Next: Pine Ridge
Cherry Ridge Floor Plan at Terrace Park Towns Phase 2 - 1990 sq.ft
Click to enlarge

Price History

Current Price

$1,318,880

$663/sq ft

DatePricePrice / Sq Ft
Feb 10, 2024$1,318,880$663/sq ft

Comparable Listings Nearby

Beta

Similar 3 Bed condo units nearby

For Sale6 listings
81 Stauffer CrescentFor SaleStrong Match

$930,000

81 Stauffer Crescent

3 Bed4 Bath1500-2000 sqft
0.2 km·Built 2023·5d on mkt
100 Stauffer CrescentFor SaleStrong Match

$799,000

100 Stauffer Crescent

3 Bed4 Bath1500-2000 sqft
0.1 km·Built 2023·11d on mkt
86 Stauffer CrescentFor SaleStrong Match

$969,000

86 Stauffer Crescent

3 Bed3 Bath1500-2000 sqft
0.2 km·Built 2023·14d on mkt
59 Mikayla LaneFor SaleStrong Match

$1

59 Mikayla Lane

3 Bed3 Bath2000-2500 sqft
0.2 km·Built 2023·2d on mkt
51 Stauffer CrescentFor SaleGood Match

$1,089,000

51 Stauffer Crescent

3 Bed3 Bath1500-2000 sqft
0.3 km·Built 2023·14d on mkt
57 Stauffer CrescentFor SaleGood Match

$1,150,000

57 Stauffer Crescent

3 Bed4 Bath1500-2000 sqft
0.3 km·Built 2023·23d on mkt
For Rent3 listings
43 Mikayla LaneFor LeaseGood Match

$3,000/mo

43 Mikayla Lane

3 Bed2 Bath1500-2000 sqft
0.3 km·Built 2023·6d on mkt
78 Stauffer CrescentFor LeaseGood Match

$3,100/mo

78 Stauffer Crescent

3 Bed2 Bath1500-2000 sqft
0.2 km·Built 2023·17d on mkt
65 Mikayla LaneFor LeaseGood Match

$3,150/mo

65 Mikayla Lane

3 Bed3 Bath1500-2000 sqft
0.2 km·Built 2023·14d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $1,318,880

$20,000.00 On Signing $30,000.00 - 30 days $25,000.00 - 90 days $25,000.00 - 120 days $25,000.00 - 180 days $25,000.00 - 365 days

MilestoneRateAmountCumulativeDue Date
$20,000.00 On Signing$20,000.00$20,000$20,000On Signing
$30,000.00 - 30 days$30,000.00$30,000$50,000May 23, 2026
$25,000.00 - 90 days$25,000.00$25,000$75,000Jul 22, 2026
$25,000.00 - 120 days$25,000.00$25,000$100,000Aug 21, 2026
$25,000.00 - 180 days$25,000.00$25,000$125,000Oct 20, 2026
$25,000.00 - 365 days$25,000.00$25,000$150,000Apr 23, 2027
Total Deposit11.4%$150,000

1,990 sq ft × $0.00/sq ft = $0/mo

Monthly Mortgage (P&I)$5,593
Property Tax (est.)$714
Maintenance Fees$0
Total Monthly Cost$6,307
Est. Rental IncomeBeta−$3,375
Net Monthly Cost−$2,932

Down payment: $263,776 (20%) · Mortgage: $1,055,104

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

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