$599,000

For sale

#906 50 George Butchart Drive, Toronto (Downsview-Roding-CFB) - Single Family for Sale

#906 50 George Butchart Drive, Toronto (Downsview-Roding-CFB), Ontario, M3K0C9

2 beds2 baths1 parking750 ft²$609/mo condo feeListed 22 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 22 days, fresher than the Toronto average of 59 days.

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Description

Welcome to this bright and spacious 2-bedroom, 2-bathroom, condominium. The functional floor plan features floor-to-ceiling windows that flood the unit with natural light, a primary bedroom with a beautiful ensuite, and stylish modern finishes throughout. Tucked at the end of the hall, this unit offers excellent privacy. Step onto the large north-facing balcony overlooking a scenic pond. Enjoy first-class amenities including a gym, yoga studio, indoor-outdoor party space, dog washing station, and 24/7 security. Very close to York University and great long term investment! Ideally located near shops, restaurants, TTC, and the 401, with Downsview Park just steps away. The ongoing redevelopment of Downsview Park will bring even more vibrancy, amenities, and excitement to the neighbourhood. (id:66096)

Property Details

MLS®: W14083494
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $609/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $2,428/yr
Listed: 22 days ago

Features

Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

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

59d

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 (Downsview-Roding-CFB) has been listed for 22 days, which is 37 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · PETER GRANT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3K)

This home lists at $599,000, about 6.8× the local median household income of $88,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 33% 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)

$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.)$202/mo

Condo fee$609/mo

Total monthly$3,939

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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