218-60 George Butchart Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13463332

$299,900
For Sale
Listed 29 days ago
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1Bathrooms
0Parking
0-499Sq Ft

About this home

Budget-friendly and beautifully built - welcome to Saturday in Downsview Park by Mattamy Homes. This smart, stylish bachelor suite is one of the easiest ways to get into the Toronto market, perfect for first-time buyers, young professionals, investors, or parents looking to put a York University student steps from campus.This efficient open-concept suite features modern finishes and a thoughtfully designed layout that makes the most of every square foot. Carpet free and it features an open balcony. This boutique condo delivers high-end living at an attainable price point.Residents enjoy an impressive collection of amenities: concierge, a striking two-storey lobby with study nooks and a co-working lounge, a fully equipped fitness centre with yoga and spin zones, a stylish party room with catering kitchen and walkout to an outdoor terrace with BBQ, a games and entertainment room, a kids' play area, a landscaped rooftop terrace, a dog wash station, bike storage and visitor parking.Location is everything here. Steps from Downsview Park - one of Toronto's largest urban green spaces - with trails and open sky as your backyard. The Yonge-University subway line connects you to York University in just minutes, plus express and 24-hour bus routes at your door and the Barrie GO line nearby. Drivers enjoy quick access to Highways 401, 400 and 407.You're minutes from Yorkdale Shopping Centre, Costco, groceries, restaurants, cafés, banks and medical offices at the Keele & Sheppard hub.Modern, connected, surrounded by greenspace - and refreshingly affordable. Condo living done right.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13463332
Bathrooms
1
Size
0-499
Cross streets
KEELE AND DOWNSVIEW PARK
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Other
Maintenance
$317/mo
Exposure
North
Property tax
$2,398 / 2025
Days on market
29
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

KitchenFlat3.48 × 1.75 m

Open Concept

LaundryFlat1.03 × 1.00 m
FoyerFlat1.72 × 1.80 m
Common RoomFlat4.32 × 1.82 m

Open Concept

BathroomFlat2.97 × 1.57 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$440Kest. value

Listed at $299,900, this home is about 32% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($1,202/sqft) is above the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Downsview-Roding-CFB, so I widened the search to the surrounding area.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $527K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $405K
  • Adjusts to $405K

That comparable adjusts to $405K; the $440K estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a very walkable address with everyday errands close by. Downsview Park Blvd at George Butchart Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$300KGreat deal$489KOverpriced

Total price vs nearby homes. Fair value about $440K, median of 11 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$415kavg asking

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

1009-33 Sheppard Avenue$370k1812-2020 Bathurst Street$405k2605-319 Jarvis Street$425k2916-252 Church Street$435k706-28 Wellesley Street$438k

The 5 closest of 8 active listings nearby.

See all comparable homes
300kThis home370k405k425k435k438kThis home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $489K
$1,202this home / sqft
39active listings nearby
29days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

73/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Downsview Park Blvd at George Butchart Dr, about 88 m away

20+ transit stops4 grocery20+ dining20+ parks11 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Willowdale West
$770K
Willowdale East
$441K
Annex
$1.39M
Church-Yonge Corridor
$574K
Banbury-Don Mills
$500K

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

Affordability & Mortgage

Affordability
$1,367/mo
$68KIncome needed
4.4×Price ÷ income
$315Weekly 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.

73%mortgage
Mortgage $1,367Property tax $200Condo fee $317Total carry $1,883

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,280per month

Mortgage amount $239,920 · 4.14% over 25 years

$59,980Down payment (20.0%)
$239,920Loan before insurance
$0CMHC premium
$1,797Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,280
Property tax
$200
Condo / maintenance fees
$317
Heating
$0
Estimated monthly cost
$1,797

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

One-time closing costs

Ontario land transfer tax
$2,974
Toronto municipal land transfer tax
$2,974
Estimated closing costs
$5,947

Plus your down payment of $59,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,555/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

$144,171Total interest paid
$384,091Total of all payments
Principal $239,920 Interest $144,171
YearPrincipalInterestBalance
1$5,620$9,743$234,300
2$5,856$9,508$228,444
3$6,101$9,263$222,343
4$6,356$9,008$215,988
5$6,622$8,742$209,366
6$6,899$8,465$202,468
7$7,187$8,177$195,281
8$7,488$7,876$187,793
9$7,801$7,563$179,992
10$8,127$7,236$171,865
11$8,467$6,896$163,398
12$8,821$6,542$154,576
13$9,190$6,173$145,386
14$9,575$5,789$135,811
15$9,975$5,388$125,836
16$10,392$4,971$115,444
17$10,827$4,536$104,616
18$11,280$4,084$93,336
19$11,752$3,612$81,585
20$12,243$3,120$69,341
21$12,756$2,608$56,586
22$13,289$2,075$43,296
23$13,845$1,519$29,451
24$14,424$940$15,027
25$15,027$336$0

At the end of your 5-year term

Total paid over the term
$76,818
Principal paid down
$30,554
Interest paid
$46,264
Balance remaining
$209,366

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$2,300/mo
$27,600Gross annual rent
5.9%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.

9.2%
Gross yield
− Property tax $2,398− Condo fees $3,800− Insurance $600− Vacancy & upkeep $3,036Net operating income $17,766

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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