608-50 George Butchart Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13683612

$595,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Imagine coming home after a long day, stepping into your bright and modern condo, and unwinding on your private balcony while taking in the city views. Welcome to Unit 608 at 50 George Butchart Drive. This thoughtfully designed 2-bedroom, 2-bathroom condo offers the perfect balance of comfort, function, and lifestyle. The open-concept living space is ideal for entertaining or simply enjoying a quiet evening at home. The kitchen has been enhanced with an updated island, creating additional seating, workspace, and a custom bar creating added storage rarely found in similar units. Whether you're preparing meals, working from home, or gathering with guests, this space was designed to make everyday living easier. The split-bedroom layout provides privacy for roommates, guests, or a home office setup. Step outside onto your spacious private balcony, the perfect place to enjoy your morning coffee, catch up on a good book, or relax after a busy day. Beyond your front door, residents enjoy access to a fitness centre, study room, party room, kids event room and outdoor BBQ area. Conveniently located near transit, major highways, shopping, parks, and everyday essentials, you'll have everything you need within easy reach. Whether you're a first-time buyer looking for a place to call home, an investor seeking a low-maintenance opportunity, or someone looking to simplify without compromising on space or convenience, Unit 608 offers a lifestyle you'll love coming home to. Includes 1 parking space and 1 locker. Some photos have been virtually staged to show the units full potential.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13683612
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Keele/ Downsview Park
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$633/mo
Exposure
South East
Property tax
$2,480 / 2026
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

KitchenMain3.61 × 3.02 m

modern kitchen · stainless steel appl

Bedroom 2Main3.61 × 2.51 m

closet · large window · laminate

FoyerMain1.40 × 3.58 m

Laminate

Primary BedroomMain2.92 × 4.29 m

4 pc ensuite · walk-in closet(s) · w/o to balcony

Living RoomMain3.12 × 3.51 m

combined w/dining · laminate · w/o to balcony

Our TakeTeam Asgarian · Broker
Above comparables
$533Kest. value

Listed at $595,000, and my independent estimate is about 12% above what comparable homes suggest.

In Downsview-Roding-CFB lately, sellers get about 99% of asking; homes sell in ~43 days.

List price
$485KGreat deal$595KOverpriced

Total price vs nearby homes. Fair value about $533K, 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 $528K, a close match.

What the listing highlights1 point to weigh

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

  • 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
$617kavg 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$599k814-50 George Butchart Drive$599k407-50 George Butchart Drive$621k534-3100 Keele Street$627k1006-50 George Butchart Drive$640k

The 5 closest of 8 active listings nearby.

See all comparable homes
595kThis home599k599k621k627k640kThis home vs active comparables
Live market pulseActive comparables in Downsview-Roding-CFB · median list $480K
$794this home / sqft
32active listings nearby
45sold nearby · 90 days
$495Kmedian sold price
99%of asking, on average

This home lists 11% above the area average of $714/sqft.

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
$527K
Mount Pleasant West
$630K
Bayview Village
$633K
Church-Yonge Corridor
$593K
Banbury-Don Mills
$630K

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
$2,712/mo
$125KIncome needed
4.8×Price ÷ income
$626Weekly 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.

76%mortgage
Mortgage $2,712Property tax $207Condo fee $633Total carry $3,551

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,566per month

Mortgage amount $476,000 · 4.24% over 25 years

$119,000Down payment (20.0%)
$476,000Loan before insurance
$0CMHC premium
$3,406Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,566
Property tax
$207
Condo / maintenance fees
$633
Heating
$0
Estimated monthly cost
$3,406

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

One-time closing costs

Ontario land transfer tax
$8,375
Toronto municipal land transfer tax
$8,375
Estimated closing costs
$16,750

Plus your down payment of $119,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$3,114/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

$293,851Total interest paid
$769,851Total of all payments
Principal $476,000 Interest $293,851
YearPrincipalInterestBalance
1$10,998$19,796$465,002
2$11,469$19,325$453,533
3$11,961$18,833$441,572
4$12,473$18,321$429,099
5$13,008$17,786$416,092
6$13,565$17,229$402,527
7$14,146$16,648$388,381
8$14,752$16,042$373,628
9$15,384$15,410$358,244
10$16,044$14,750$342,200
11$16,731$14,063$325,469
12$17,448$13,346$308,021
13$18,196$12,598$289,825
14$18,975$11,819$270,850
15$19,788$11,006$251,061
16$20,636$10,158$230,425
17$21,521$9,273$208,904
18$22,443$8,351$186,462
19$23,404$7,390$163,057
20$24,407$6,387$138,650
21$25,453$5,341$113,197
22$26,544$4,250$86,653
23$27,681$3,113$58,972
24$28,867$1,927$30,104
25$30,104$690$0

At the end of your 5-year term

Total paid over the term
$153,970
Principal paid down
$59,908
Interest paid
$94,062
Balance remaining
$416,092

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
2.5%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 $2,480− Condo fees $7,596− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,956

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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