1006-50 George Butchart Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13447208

$639,999
For Sale
Listed 126 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to one of the most sought-after condo in Mattamy's luxury residence at Downsview Park.
  • Perched on the highest floor in the building, this stunning 2-bedroom, 2-bathroom home offers unobstructed north-facing views of Downsview Park with no neighbouring...
  • Encompassing 832 sq. ft. including the balcony, the thoughtfully designed layout maximizes both space and functionality.
  • Residents enjoy exceptional amenities, including a fitness centre with yoga studio, indoor/outdoor party lounge, BBQ area, pet wash station, and 24-hour concierge.
  • Situated within Toronto's transformative Downsview redevelopment, this thriving master-planned community will bring thousands of new homes, jobs, and over 100 acres...

Welcome to one of the most sought-after condo in Mattamy's luxury residence at Downsview Park. Perched on the highest floor in the building, this stunning 2-bedroom, 2-bathroom home offers unobstructed north-facing views of Downsview Park with no neighbouring buildings directly in front of you. Encompassing 832 sq. ft. including the balcony, the thoughtfully designed layout maximizes both space and functionality. Floor-to-ceiling windows flood the home with natural light and showcase breathtaking park views year-round. Thoughtfully upgraded throughout, the condo features enhanced doors and trim, upgraded bathrooms, and a premium kitchen package. Residents enjoy exceptional amenities, including a fitness centre with yoga studio, indoor/outdoor party lounge, BBQ area, pet wash station, and 24-hour concierge. Excellent transit, shopping, dining, and everyday conveniences are all within easy reach. Situated within Toronto's transformative Downsview redevelopment, this thriving master-planned community will bring thousands of new homes, jobs, and over 100 acres of new parkland seamlessly connected to Downsview Park. A rare opportunity to own a premium condo with spectacular views in one of Toronto's fastest-growing neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13447208
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
KEELE ST. IN DOWNSVIEW PARK
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$611/mo
Exposure
East
Property tax
$2,451 / 2025
Days on market
126
Listing brokerage
HOUSESIGMA INC.

Rooms

KitchenFlat5.40 × 4.44 m

combined w/family · centre island

FoyerFlat3.65 × 1.37 m

laminate · closet

Family RoomFlat5.40 × 4.44 m

open concept · w/o to balcony · overlooks garden

LaundryFlat2.13 × 1.21 m

Tile Floor

BedroomFlat3.69 × 3.23 m

4 pc ensuite · walk-in closet(s) · overlooks garden

Bedroom 2Flat2.44 × 2.59 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Pierre Laporte Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Downsview-Roding-CFB · asking prices
$619kavg asking

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

Per square foot, these ask about $826/sqft; this home lists at $854/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
640kThis home627k599k589k699k580kThis home vs active comparables

Neighbourhood & location

Downsview-Roding-CFB, 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.

Dovercourt-Wallace Emerson-Junction
$640K
Bayview Village
$543K
Little Portugal
$549K
Kensington-Chinatown
$585K
Niagara
$727K

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 Downsview Public School
70%
Downsview Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Blaydon Public School · Public elementary0.2 km · 38% at standard
Africentric Alternative School · Public elementary0.9 km · 57% at standard
St Raphael Catholic School · Catholic elementary1.0 km · 76% at standard
Madonna Catholic Secondary School · Catholic secondary1.0 km · 60% at standard
St Conrad Catholic School · Catholic elementary1.0 km · 72% at standard
Sheppard Public School · Public elementary1.0 km · 24% at standard
Ancaster Public School · Public elementary1.4 km · 47% at standard
St Martha Catholic School · Catholic elementary1.5 km · 58% at standard
St Norbert Catholic School · Catholic elementary1.6 km · 70% at standard
ALPHA II Alternative School · Public secondary1.6 km
Calico Public School · Public elementary1.6 km · 28% at standard
Beverley Heights Middle School · Public elementary1.7 km · 53% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,917/mo
$132KIncome needed
4.8×Price ÷ income
$673Weekly cost
$18,550Land transfer tax, one-time (Ontario + Toronto)
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.

78%mortgage
Mortgage $2,917Property tax $204Condo fee $611Total carry $3,732

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,831per month

Mortgage amount $511,999 · 4.49% over 25 years

$128,000Down payment (20.0%)
$511,999Loan before insurance
$0CMHC premium
$3,646Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,831
Property tax
$204
Condo / maintenance fees
$611
Heating
$0
Estimated monthly cost
$3,646

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

One-time closing costs

Ontario land transfer tax
$9,275
Toronto municipal land transfer tax
$9,275
Estimated closing costs
$18,550

Plus your down payment of $128,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,426/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

$337,280Total interest paid
$849,279Total of all payments
Principal $511,999 Interest $337,280
YearPrincipalInterestBalance
1$11,426$22,546$500,574
2$11,944$22,027$488,629
3$12,487$21,484$476,142
4$13,054$20,917$463,089
5$13,646$20,325$449,442
6$14,266$19,705$435,176
7$14,914$19,057$420,263
8$15,591$18,380$404,672
9$16,299$17,672$388,373
10$17,039$16,932$371,334
11$17,812$16,159$353,522
12$18,621$15,350$334,901
13$19,467$14,505$315,434
14$20,350$13,621$295,084
15$21,274$12,697$273,809
16$22,240$11,731$251,569
17$23,250$10,721$228,319
18$24,306$9,665$204,013
19$25,409$8,562$178,603
20$26,563$7,408$152,040
21$27,769$6,202$124,271
22$29,030$4,941$95,241
23$30,348$3,623$64,893
24$31,726$2,245$33,167
25$33,167$805$0

At the end of your 5-year term

Total paid over the term
$169,856
Principal paid down
$62,557
Interest paid
$107,299
Balance remaining
$449,442

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$2,400/mo
$28,800Gross annual rent
2.4%Cap rate after taxes and upkeep

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.

4.5%
Gross yield
− Property tax $2,451− Condo fees $7,332− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,249

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

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