4-60 George Butchart Drive, Toronto, ON

Downsview-Roding-CFB, Toronto · MLS® W14085746

$699,000
For Sale
Listed 3 days agoNo offer date stated
Request a showing
◎ Directions
3+1Bedrooms
4Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Modern Living Surrounded by Nature at Downsview Park.
  • Nestled in the heart of the vibrant Downsview Park community, this stunning 3+1 bedroom,3.5 bathroom home offers the ultimate combination of contemporary style...
  • Freshly painted and featuring over 1,290sq.ft. of meticulously designed living space, this residence is ideal for families, professionals, and anyone seeking a...
  • The thoughtfully designed open-concept layout enhances both flow and functionality, creating a welcoming environment perfect for entertaining guests or simply...
  • Life at this residence extends far beyond your front door, with a full suite of amenities designed to support wellness, convenience, and community, including...

Modern Living Surrounded by Nature at Downsview Park! Nestled in the heart of the vibrant Downsview Park community, this stunning 3+1 bedroom,3.5 bathroom home offers the ultimate combination of contemporary style, everyday comfort, and access to nature right at your doorstep. Freshly painted and featuring over 1,290sq.ft. of meticulously designed living space, this residence is ideal for families, professionals, and anyone seeking a dynamic yet peaceful lifestyle. From the moment you enter, youll be greeted by expansive panoramic views that bring natural beauty indoors. The thoughtfully designed open-concept layout enhances both flow and functionality, creating a welcoming environment perfect for entertaining guests or simply unwinding after a long day. The primary bedroom suite is a true retreat, complete with its own private ensuite bath. Three additional bedrooms (plus a versatile den) provide ample space for family, guests, or even a dedicated home office. Throughout the unit, new luxury vinyl flooring adds warmth and sophistication, blending durability with modern design. The chef-inspired kitchen is both stylish and practical, featuring brand-new stainless-steel appliances, sleek cabinetry, and generous counter space to make meal preparation a delight. Life at this residence extends far beyond your front door, with a full suite of amenities designed to support wellness, convenience, and community, including: State-of-the-art fitness center with yoga studio, Indoor and outdoor lounge and party space Communal bar & BBQ area for hosting and entertaining, Children's playroom & study nooks, Co-working spaces ideal for professionals, Pet wash station for your furry friends Beautifully landscaped rock garden,24-hour concierge for peace of mind. And when its time to step outside, Downsview Parks trails, green spaces, and recreational facilities are just steps away ..perfect for morning jogs, family picnics, or quiet evening walks. Experience the best of city living!

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
W14085746
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1200-1399 sq ft
Cross streets
Sheppard Avenue W. & Keele St.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$907/mo
Exposure
North West
Property tax
$3,090 / 2025
Days on market
3
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Dining RoomMain4.00 × 2.40 m

combined w/living · window floor to ceiling · open concept

DenThird2.50 × 2.40 m

open concept · laminate

BedroomMain2.70 × 2.40 m

3 pc ensuite · walk-in closet(s) · laminate

Bedroom 2Third2.90 × 2.40 m

walk-in closet(s) · 3 pc ensuite · overlooks park

Living RoomMain2.60 × 2.00 m

combined w/dining · open concept · w/o to terrace

FoyerFlat1.50 × 1.37 m

2 pc bath · walk-in closet(s)

KitchenMain4.00 × 3.10 m

breakfast bar · stainless steel appl · open concept

Bedroom 3Third2.90 × 2.40 m

walk-in closet(s) · 3 pc ensuite · overlooks park

Our TakeTeam Asgarian · Broker
A small discount is typical
$678Klikely sale price

Listed at $699,000. Going by how homes in Downsview-Roding-CFB and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $678K, if it sells. A realistic range is $639K to $733K.

Independent value check: $666K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $620K and $700K).

Why $666K. The typical townhouse sold in Downsview-Roding-CFB over the past year went for about $563K (38 sales). What sets this one apart:

  • ▲ Raises itIt is 1,200 to 1,399 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises it3+1 bedrooms and 4 baths, against 2+1 and 2 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts maintenance fee is $907 a month; the typical unit sold here pays about $410.
List price
$639KBelow recent closings$733KAbove recent closings

Total price vs nearby homes. Likely closing about $678K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$540Kmedian sold price
95%of asking, on average
−18%prices vs a year ago
~45 dayshomes like this take to sell
3days on market so far
$3,403/moest. rent · 26 leases
5.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.5 months of inventory: 11 condo townhouse homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $538/sqft against an area asking average of $597/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $678K. Condition and finishes remain an in-person call.

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.

Read this with carewhy it’s an estimate, not an appraisal

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

Based on 6 comparable homes that sold in Downsview-Roding-CFB over the past two years, from 72 closings there.

What sellers nearby are askingCurrently listed nearby in Downsview-Roding-CFB · asking prices
$742kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $666K, which is where my estimate comes from.

Per square foot, these ask about $594/sqft; this home lists at $538/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
699kThis home999k620k739k620k730kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

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.

St. Andrew-Windfields
$929K
Casa Loma
$2.80M
Islington-City Centre West
$588K
Niagara
$902K
Mimico
$840K

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 elementary0.3 km · 38% at standard
Madonna Catholic Secondary School · Catholic secondary0.9 km · 60% at standard
Africentric Alternative School · Public elementary1.0 km · 57% at standard
St Raphael Catholic School · Catholic elementary1.0 km · 76% at standard
St Conrad Catholic School · Catholic elementary1.0 km · 72% at standard
Sheppard Public School · Public elementary1.1 km · 24% at standard
Ancaster Public School · Public elementary1.4 km · 47% at standard
St Norbert Catholic School · Catholic elementary1.5 km · 70% at standard
St Martha Catholic School · Catholic elementary1.6 km · 58% 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 elementary1.8 km · 53% at standard

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

Affordability & Mortgage

Affordability
$3,186/mo
$150KIncome needed
4.7×Price ÷ income
$735Weekly cost
$20,910Land 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.

73%mortgage
Mortgage $3,186Property tax $258Condo fee $907Total carry $4,350

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)
$3,092per month

Mortgage amount $559,200 · 4.49% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$4,256Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,092
Property tax
$258
Condo / maintenance fees
$907
Heating
$0
Estimated monthly cost
$4,256

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,742/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

$368,374Total interest paid
$927,574Total of all payments
Principal $559,200 Interest $368,374
YearPrincipalInterestBalance
1$12,479$24,624$546,721
2$13,046$24,057$533,675
3$13,638$23,465$520,038
4$14,257$22,846$505,781
5$14,904$22,199$490,876
6$15,581$21,522$475,295
7$16,289$20,814$459,006
8$17,028$20,075$441,978
9$17,801$19,302$424,177
10$18,610$18,493$405,567
11$19,455$17,648$386,113
12$20,338$16,765$365,775
13$21,261$15,842$344,514
14$22,227$14,876$322,287
15$23,236$13,867$299,051
16$24,291$12,812$274,761
17$25,394$11,709$249,367
18$26,547$10,556$222,820
19$27,752$9,351$195,069
20$29,012$8,091$166,057
21$30,329$6,774$135,727
22$31,706$5,397$104,021
23$33,146$3,957$70,875
24$34,651$2,452$36,224
25$36,224$879$0

At the end of your 5-year term

Total paid over the term
$185,515
Principal paid down
$68,324
Interest paid
$117,191
Balance remaining
$490,876

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
From 26 whole-home leases in Downsview-Roding-CFB$3,403/mo
$40,836Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,233 to $3,573Typical rent range
~27 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 26 whole-home leases in Downsview-Roding-CFB signed at a median of $2,774 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,403. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.8%
Gross yield
− Property tax $3,090− Condo fees $10,884− Insurance $600− Vacancy & upkeep $4,492Net operating income $21,770

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

CallRequest a showing