$621,000 - 50 George Butchart Drive Unit 407, Downsview
Condo for Sale in Downsview
Neighbourhood: Downsview-Roding-CFB
- MLS Number
- W13469542
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Welcome to this exceptional corner suite offering unobstructed views of Downsview Park and approximately 280 sq. ft. of private outdoor living space across two expansive balconies. Perfectly positioned on the coveted fourth-floor corner of one of the community's most sought-after newer buildings, this residence offers a rare combination of privacy, natural light, and breathtaking views.Enjoy spectacular sunsets from the northwest-facing balcony, while the southeast-facing balcony welcomes the morning sun and offers distant views of Toronto's iconic CN Tower. One of the unique advantages of the fourth-floor location is its open outlook over the building's decorative rooftop stone terrace, creating a rare sense of space and privacy while preserving expansive views beyond. With windows on two sides, this bright and airy suite is filled with natural light throughout the day, creating a warm and inviting atmosphere that seamlessly blends indoor and outdoor living.Designed for modern living, the open-concept layout features premium finishes, a functional split-bedroom design, parking, locker, and Rogers high-speed internet included. Residents enjoy access to outstanding amenities including a fitness centre, yoga studio, party room, guest suite, children's playroom, co-working space, playground, and 24-hour concierge service.Located just steps from the subway, with convenient access to Highways 401 and 400, Humber River Hospital, Yorkdale Shopping Centre, parks, and everyday essentials, this home also benefits from the exciting future redevelopment of Downsview, making it an exceptional lifestyle and investment opportunity in one of Toronto's fastest-growing communities.
Estimate your monthly payments for this property
Estimated Payment
$3,186.05/mo
Includes CMHC insurance ($17,326)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downsview-Roding-CFB
Downsview-Roding-CFB is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downsview-Roding-CFB
- •Convenient location in Downsview / Black Creek
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downsview-Roding-CFB offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
50 George Butchart Drive Unit 407, Downsview / Black Creek
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $887/sqft, this property is priced in line with current Downsview market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Downsview-Roding-CFB
I know Downsview-Roding-CFB well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downsview properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,588 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.