1411-50 Ordnance Street, Toronto, ON

Niagara, Toronto · MLS® C13490042

$850,000
For Sale
Listed 28 days ago
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3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Enjoy the Vibrant Community of Liberty Village. One of Toronto's most sought after neighbourhoods. Luxury Two Bedrooms, Two Bathrooms + Den Suite with stunning unobstructed Southeast Views. Practical Open Concept Layout, 868 Sq ft, Floor-To-Ceiling Windows; 2 Separate Oversized Balconies, One Parking & One Locker (Combined Parking and Locker locations for Easy Access). Steps Away From TTC, CNE, The Bentway, Go Train, Lake Ontario, shops and restaurants, and Easy Access To Gardiner Express Way and the Lakeshore. The building boasts a Fitness Centre, Party Room, Outdoor Pool, Rooftop Bbq & Lounge, Home Theatre and more. Luxury Living at its Best !

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13490042
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
800-899
Cross streets
Strachen Ave & Ordnance St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Concrete
Roof
Other
Maintenance
$786/mo
Exposure
South East
Property tax
$4,283 / 2025
Days on market
28
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

BedroomMain3.11 × 4.36 m

ensuite bath · closet · w/o to balcony

Bedroom 2Main2.47 × 3.69 m

closet · w/o to balcony · south view

KitchenMain3.60 × 3.87 m

modern kitchen · track lighting · backsplash

Dining RoomMain3.60 × 3.87 m

Combined w/Kitchen

DenMain2.95 × 2.43 m

Window Floor to Ceiling

Living RoomMain6.00 × 3.75 m

window floor to ceiling · w/o to balcony · east view

Our TakeTeam Asgarian · Broker
Above comparables
$833Kest. value

Listed at $850,000, and my independent estimate is about 2% above what comparable homes suggest.

In Niagara lately, sellers get about 96% of asking; homes sell in ~42 days.

List price
$754KGreat deal$850KOverpriced

Total price vs nearby homes. Fair value about $833K, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $984K, a bit higher.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Niagara Street Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 5 comparable homes nearby.

Comparable listingsCurrently listed nearby in Niagara · asking prices
$844kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1910-125 Western Battery Road$840k902-9 Tecumseth Street$879k208-215 Fort York Boulevard$900k508-215 Fort York Boulevard$800k1170-209 Fort York Boulevard$800k

The 5 closest active listings nearby.

See all comparable homes
850kThis home840k879k900k800k800kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $645K
$1,001this home / sqft
46active listings nearby
28days on market
100sold nearby · 90 days
$608Kmedian sold price
96%of asking, on average

This home lists 17% above the area average of $855/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Niagara, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$574K
Moss Park
$1.02M
Church-Yonge Corridor
$605K
Bay Street Corridor
$556K
Waterfront Communities C8
$621K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Niagara Street Junior Public School
82%
Niagara Street Junior Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$3,874/mo
$177KIncome needed
4.8×Price ÷ income
$894Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

77%mortgage
Mortgage $3,874Property tax $357Condo fee $786Total carry $5,017

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,629per month

Mortgage amount $680,000 · 4.14% over 25 years

$170,000Down payment (20.0%)
$680,000Loan before insurance
$0CMHC premium
$4,772Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,629
Property tax
$357
Condo / maintenance fees
$786
Heating
$0
Estimated monthly cost
$4,772

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$13,475
Toronto municipal land transfer tax
$13,475
Estimated closing costs
$26,950

Plus your down payment of $170,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,407/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$408,620Total interest paid
$1,088,620Total of all payments
Principal $680,000 Interest $408,620
YearPrincipalInterestBalance
1$15,930$27,615$664,070
2$16,596$26,948$647,474
3$17,291$26,254$630,183
4$18,014$25,531$612,169
5$18,767$24,777$593,402
6$19,552$23,992$573,850
7$20,370$23,175$553,479
8$21,222$22,323$532,257
9$22,110$21,435$510,147
10$23,035$20,510$487,112
11$23,998$19,547$463,114
12$25,002$18,543$438,112
13$26,048$17,497$412,064
14$27,137$16,407$384,927
15$28,273$15,272$356,654
16$29,455$14,090$327,199
17$30,687$12,858$296,512
18$31,971$11,574$264,541
19$33,308$10,237$231,233
20$34,701$8,844$196,532
21$36,153$7,392$160,379
22$37,665$5,880$122,714
23$39,240$4,304$83,474
24$40,882$2,663$42,592
25$42,592$953$0

At the end of your 5-year term

Total paid over the term
$217,724
Principal paid down
$86,598
Interest paid
$131,126
Balance remaining
$593,402

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
1.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.8%
Gross yield
− Property tax $4,283− Condo fees $9,437− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,516

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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