120-50 George Butchart Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W13821682

$579,999
For Sale
Listed 26 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Parking
700-799Sq ft

About this home

Very good Location - Close to Hwy, public transportation, grocery, shopping and beautiful park. this unit can walk out from balcony into the building playground - just live in house. Very Clean unit, and Good Layout with two full bedrooms- walk in closets and two full bathrooms.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13821682
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Keele and Sheppard
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$642/mo
Exposure
North East
Property tax
$2,425 / 2026
Days on market
26
Listing brokerage
HOMELIFE BROADWAY REALTY INC.

Rooms

Bedroom 2Flat3.00 × 1.00 m

Laminate

KitchenFlat3.00 × 1.00 m

Laminate

Primary BedroomFlat3.00 × 1.00 m

3 pc ensuite · laminate · large window

Living RoomFlat3.00 × 1.00 m

combined w/dining · laminate · large window

Dining RoomFlat3.00 × 1.00 m

combined w/living · laminate

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
$631kavg 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 $842/sqft; this home lists at $774/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
580kThis home589k599k627k640k699kThis 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
$526K
Kensington-Chinatown
$585K
North St. James Town
$765K
Niagara
$724K

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
$2,643/mo
$122KIncome needed
4.7×Price ÷ income
$610Weekly cost
$16,150Land 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.

76%mortgage
Mortgage $2,643Property tax $202Condo fee $642Total carry $3,488

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 20, 2026); conventional rates run a little higher.

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

Mortgage amount $463,999 · 4.49% over 25 years

$116,000Down payment (20.0%)
$463,999Loan before insurance
$0CMHC premium
$3,410Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,566
Property tax
$202
Condo / maintenance fees
$642
Heating
$0
Estimated monthly cost
$3,410

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

One-time closing costs

Ontario land transfer tax
$8,075
Toronto municipal land transfer tax
$8,075
Estimated closing costs
$16,150

Plus your down payment of $116,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,105/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

$305,660Total interest paid
$769,659Total of all payments
Principal $463,999 Interest $305,660
YearPrincipalInterestBalance
1$10,354$20,432$453,645
2$10,825$19,962$442,820
3$11,316$19,470$431,504
4$11,830$18,956$419,674
5$12,367$18,419$407,307
6$12,929$17,858$394,379
7$13,516$17,271$380,863
8$14,129$16,657$366,734
9$14,771$16,016$351,963
10$15,441$15,345$336,522
11$16,142$14,644$320,379
12$16,875$13,911$303,504
13$17,642$13,145$285,862
14$18,443$12,344$267,420
15$19,280$11,506$248,140
16$20,155$10,631$227,984
17$21,071$9,716$206,914
18$22,027$8,759$184,886
19$23,027$7,759$161,859
20$24,073$6,714$137,786
21$25,166$5,621$112,620
22$26,308$4,478$86,312
23$27,503$3,283$58,809
24$28,752$2,035$30,057
25$30,057$729$0

At the end of your 5-year term

Total paid over the term
$153,932
Principal paid down
$56,692
Interest paid
$97,240
Balance remaining
$407,307

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%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.

5.0%
Gross yield
− Property tax $2,425− Condo fees $7,707− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,900

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

CallRequest a showing