814-50 George Butchart Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13517388

$599,000
For Sale
Listed 20 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome Home to This Spectacular 2 Bedroom 2 Bathroom Condo At Mattamy's Saturday At Downsview Park Development! Elegant Finishes Throughout, Bright & Spacious With A Large Balcony And Breathtaking Views! Large Primary Bedroom With Ensuite Bathroom And Walk-In Closet. Very Spacious Second Bedroom With Double Closets. Open Concept Living/Dining Area, Gorgeous Floor To Ceiling Windows, Upgraded Kitchen With Stunning Centre Island, Stainless Steel Appliances + Large Ensuite Laundry! One Underground Parking Spot and Locker Included! Fabulous Building Amenities Include Gym, Yoga Studio, Party And Game Rooms, Outdoor Terrace, BBQ Area, Visitor's Parking & 24 Hr Concierge. - Immediate Possession Available - Freshly Painted

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13517388
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Keele Street between Wilson & Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$627/mo
Exposure
South East
Property tax
$2,205 / 2025
Days on market
20
Listing brokerage
RE/MAX ABOUTOWNE REALTY CORP.

Rooms

Primary BedroomMain2.78 × 3.35 m

walk-in closet(s) · 3 pc ensuite

LaundryMain1.80 × 2.50 m
KitchenMain3.08 × 6.61 m

Combined w/Dining

Bedroom 2Main2.93 × 2.44 m
Living RoomMain3.08 × 6.61 m

Combined w/Kitchen

Our TakeTeam Asgarian · Broker
Above comparables
$509Kest. value

Listed at $599,000, and my independent estimate is about 18% above what comparable homes suggest.

In Downsview-Roding-CFB lately, sellers get about 99% of asking; homes sell in ~42 days.

List price
$470KGreat deal$599KOverpriced

Total price vs nearby homes. Fair value about $509K, median of 94 comparables.

How this estimate is builtthe short version

I take the 94 most comparable recent sales 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 sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $443K, a bit lower.

What the listing highlights2 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 94 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Downsview-Roding-CFB · asking prices
$607kavg asking

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

906-50 George Butchart Drive$599k707-50 George Butchart Drive$595k507-50 George Butchart Drive$595k407-50 George Butchart Drive$621k534-3100 Keele Street$627k

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home599k595k595k621k627kThis home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $499K
$799this home / sqft
34active listings nearby
20days on market
44sold nearby · 90 days
$470Kmedian sold price
99%of asking, on average

This home lists 11% above the area average of $720/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

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.

Willowdale East
$594K
Bayview Village
$523K
Bay Street Corridor
$618K
Church-Yonge Corridor
$611K
Niagara
$599K

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
$2,730/mo
$125KIncome needed
4.8×Price ÷ income
$630Weekly 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 $2,730Property tax $184Condo fee $627Total carry $3,541

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,557per month

Mortgage amount $479,200 · 4.14% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,368Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$184
Condo / maintenance fees
$627
Heating
$0
Estimated monthly cost
$3,368

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,106/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

$287,957Total interest paid
$767,157Total of all payments
Principal $479,200 Interest $287,957
YearPrincipalInterestBalance
1$11,226$19,460$467,974
2$11,696$18,991$456,278
3$12,185$18,501$444,094
4$12,694$17,992$431,399
5$13,225$17,461$418,174
6$13,779$16,908$404,395
7$14,355$16,331$390,040
8$14,955$15,731$375,085
9$15,581$15,105$359,504
10$16,233$14,454$343,271
11$16,912$13,775$326,359
12$17,619$13,067$308,740
13$18,356$12,330$290,384
14$19,124$11,562$271,260
15$19,924$10,762$251,336
16$20,757$9,929$230,579
17$21,625$9,061$208,954
18$22,530$8,156$186,424
19$23,472$7,214$162,951
20$24,454$6,232$138,497
21$25,477$5,209$113,020
22$26,543$4,144$86,477
23$27,653$3,033$58,824
24$28,810$1,877$30,015
25$30,015$672$0

At the end of your 5-year term

Total paid over the term
$153,431
Principal paid down
$61,026
Interest paid
$92,405
Balance remaining
$418,174

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
2.6%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.

4.8%
Gross yield
− Property tax $2,205− Condo fees $7,524− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,303

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

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