$599,000

For sale

#307 50 Ordnance Street, Toronto (Niagara) - Single Family for Sale

#307 50 Ordnance Street, Toronto (Niagara), Ontario, M6K0C9

2 beds2 baths1 parking750 ft²$683/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. Its $599,000 asking price sits right in line with the $625,000 median in Toronto. It has been on the market 11 days, fresher than the Toronto average of 48 days.

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Description

Welcome to Playground Condos at Garrison Point! This bright and spacious 2-bedroom, 2-bathroom suite offers 739 sq. ft. of beautifully finished living space with soaring 9.5 ft ceilings and floor-to-ceiling windows. The open-concept living room walks out to a giant wrap-around terrace with north and west exposures - perfect for morning coffee or evening sunsets. Both bedrooms are full-sized, and the primary retreat features a 4-piece ensuite. Enjoy high-end designer finishes throughout and built-in appliances, plus a premium parking spot near the elevator lobby with a rare dedicated built-in EV charger. Resort-style amenities include a concierge, gym, party room, rooftop deck and outdoor pool. Set on the historic grounds of Old Fort York, you're steps to the lake, the CNE, and Liberty Village's shops, dining and nightlife - with transit and the Gardiner just around the corner. (id:66096)

Property Details

MLS®: C14117728
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, Ventilation system
Garage: Garage, Underground
Condo Fee: $683/mo
Fee Includes: Heat
Ownership: Condo/Strata
Property Tax: $3,852/yr
Listed: 11 days ago

Features

Appliances: Washer, Dryer, Oven - Built-In, Garage door opener remote(s)
Exterior: Brick
Lot Features: Wheelchair access, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

11d

Toronto (Niagara) listings, avg age

48d

Price / ft²

$799

List price

$599K

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 (Niagara) has been listed for 11 days, which is 37 days fresher than the city average of 48. Act while there is still low competition.

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · ZOE D'CUNHA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6K)

This home lists at $599,000, about 8.3× the local median household income of $72,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 63% above the area median.

Median household income: $72,000
Population: 42,110
Median age: 35.6
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M6K)

$599,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$321/mo

Condo fee$683/mo

Total monthly$4,132

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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