50 George Butchart Drive 814, Toronto W05

$589,000
50 George Butchart Drive 814

$589,000

New
29d
Condo ApartmentApartment

50 George Butchart Drive 814, Toronto W05

Total Monthly Obligation $3,393

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
29d
Score
18
Yield
5.5%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-W13825404
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,205 (2025)
Maintenance-$632.97/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flex / Immediate
Neighbourhood-Downsview-Roding-CFB
Title-Residential Condo & Other

No agent assigned

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

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$471,200
Land Transfer Taxes$8,255
Legal Fees (Est.)
$
Total cash required for closing$127,555

Total Monthly Obligation

$3,393/mo
Mortgage $2,376
Monthly Loss $2,767
Principal$625
Interest$1,751
Property Tax$184
Condo Fees$633
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,172/yr
NOI
$16,754/yr
Net Cash Flow
-$980/mo
Cash Margin
-36.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 50 George Butchart Drive 814

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.