$800,000 - 50 Ordnance Street Unit 2401, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed todayNeighbourhood: Niagara
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- MLS Number
- C14115486
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $3,725
- Maintenance Fees
- $640/mo
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- STRATA REAL ESTATE
**Stunning Lake Views, Luxury Living & Unbeatable Downtown Location!** Experience the perfect blend of style, comfort, and urban sophistication at 50 Ordnance Street, Suite 2401! This beautiful south-facing residence offers breathtaking views of Lake Ontario and the surrounding cityscape, complemented by soaring 9-foot ceilings, floor-to-ceiling windows, and an open-concept layout that fills the space with abundant natural light. Nestled between the vibrant neighbourhoods of Liberty Village and King West, this exceptional home offers the best of downtown Toronto living. Enjoy picturesque views of the nearby 4-acre park, providing a refreshing green escape in the heart of the city. Indulge in resort-style amenities, including an outdoor swimming pool, state-of-the-art fitness centre, and stylish resident lounge. Step outside and discover trendy restaurants, charming cafés, boutique shops, grocery stores, parks, and exciting nightlife, all just moments away. With convenient access to TTC transit, GO Transit, major highways, and the waterfront, commuting and exploring the city couldn't be easier. Whether you're relaxing at home, entertaining guests, or enjoying everything downtown has to offer, this residence delivers an exceptional lifestyle in a highly desirable location. **Don't miss this incredible opportunity to own your piece of downtown Toronto! Book your private showing today!**
Estimate your monthly payments for this property
Estimated Payment
$4,104.41/mo
Includes CMHC insurance ($22,320)
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 Niagara
Niagara 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 Niagara
- •Convenient location in Downtown Toronto / Waterfront
- •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
Niagara 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 Ordnance Street Unit 2401, Downtown Toronto / Waterfront
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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
Premium Pricing
At $1143/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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. The $640/month fees should cover building insurance, common elements, and reserve contributions.
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 Niagara
I know Niagara 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: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.