50 George Butchart Drive 906, Toronto W05

$599,000
50 George Butchart Drive 906

$599,000

New
8d
Condo ApartmentApartment

50 George Butchart Drive 906, Toronto W05

Total Monthly Obligation $3,428

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
8d
Score
18
Yield
5.3%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-W14083494
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,428 (2025)
Maintenance-$609.04/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX ULTIMATE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Downsview-Roding-CFB
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious 2-bedroom, 2-bathroom, condominium. The functional floor plan features floor-to-ceiling windows that flood the unit with natural light, a primary bedroom with a beautiful ensuite, and stylish modern finishes throughout. Tucked at the end of the hall, this unit offers excellent privacy. Step onto the large north-facing balcony overlooking a scenic pond. Enjoy first-class amenities including a gym, yoga studio, indoor-outdoor party space, dog washing station, and 24/7 security. Very close to York University and great long term investment! Ideally located near shops, restaurants, TTC, and the 401, with Downsview Park just steps away. The ongoing redevelopment of Downsview Park will bring even more vibrancy, amenities, and excitement to the neighbourhood.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,428/mo
Mortgage $2,416
Monthly Loss $2,792
Principal$636
Interest$1,780
Property Tax$202
Condo Fees$609
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.1/ 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
$31,800/yr
NOI
$16,484/yr
Net Cash Flow
-$1,043/mo
Cash Margin
-39.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.5/ 100

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

Comparables

Properties near 50 George Butchart Drive 906

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.