$595,000

For sale

#1006 50 George Butchart Drive, Toronto (Downsview-Roding-CFB) - Single Family for Sale

#1006 50 George Butchart Drive, Toronto (Downsview-Roding-CFB), Ontario, M3K0C9

2 beds2 baths1 parking750 ft²$611/mo condo feeListed 11 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 11 days, fresher than the Toronto average of 60 days.

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Description

Welcome to one of the most sought-after condo in Mattamy's luxury residence at Downsview Park. Perched on the highest floor in the building, this stunning 2-bedroom, 2-bathroom home offers unobstructed north-facing views of Downsview Park with no neighbouring buildings directly in front of you. Encompassing 832 sq. ft. including the balcony, the thoughtfully designed layout maximizes both space and functionality. Floor-to-ceiling windows flood the home with natural light and showcase breathtaking park views year-round. Thoughtfully upgraded throughout, the condo features enhanced doors and trim, upgraded bathrooms, and a premium kitchen package. Residents enjoy exceptional amenities, including a fitness centre with yoga studio, indoor/outdoor party lounge, BBQ area, pet wash station, and 24-hour concierge. Excellent transit, shopping, dining, and everyday conveniences are all within easy reach. Situated within Toronto's transformative Downsview redevelopment, this thriving master-planned community will bring thousands of new homes, jobs, and over 100 acres of new parkland seamlessly connected to Downsview Park. A rare opportunity to own a premium condo with spectacular views in one of Toronto's fastest-growing neighbourhoods. (id:66096)

Property Details

MLS®: W14117828
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $611/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,451/yr
Listed: 11 days ago

Rooms

Flat

Foyer: 3.65 x 1.37 meters
Family room: 5.4 x 4.44 meters
Kitchen: 5.4 x 4.44 meters
Bedroom: 3.69 x 3.23 meters
Bedroom 2: 2.44 x 2.59 meters
Laundry room: 2.13 x 1.21 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Tile, Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

11d

Toronto (Downsview-Roding-CFB) listings, avg age

60d

Price / ft²

$794

List price

$595K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Downsview-Roding-CFB) has been listed for 11 days, which is 49 days fresher than the city average of 60. Act while there is still low competition.

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Listed by HOUSESIGMA INC. · ABDULLAH WASEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3K)

This home lists at $595,000, about 6.8× the local median household income of $88,000.

Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 32% above the area median.

Median household income: $88,000
Population: 7,865
Median age: 38.8
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3K)

$595,000· $794/ft²

For sale

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Full Cost Breakdown

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Down Payment5.80% · $34,500

Min 5.80%50%

Mortgage payment$3,108/mo

↳ CMHC premium ($22,420 capitalized)

Property tax (est.)$204/mo

Condo fee$611/mo

Total monthly$3,923

Cash Needed to Close

Down payment (5.80%)$34,500

Land transfer tax$16,750

Est. closing costs$4,285

Total cash needed$55,535

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