60 George Butchart Drive 112, Toronto W05

$429,000
60 George Butchart Drive 112

$429,000

New
7d
Condo ApartmentApartment

60 George Butchart Drive 112, Toronto W05

Total Monthly Obligation $2,502

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
7d
Score
21
Yield
5.9%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Condo Apartment
MLS® Number-W14088446
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$1,643.91 (2025)
Maintenance-$434.28/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PRESIDENT REALTY
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 Beautiful Mattamy-Built 1 Bedroom Condo on the Main Level, Located in the Heart of the 291-Acre Downsview Park Community! This Modern Suite Features a Functional Open-Concept Layout with 9-Ft Smooth Ceilings, Energy-Efficient Double-Glazed Windows Offering Ample Natural Light, a Smart Thermostat, and Contemporary Single-Plank Laminate Flooring Throughout. The Stylish Kitchen Showcases Quartz Countertops, Stainless-Steel Appliances, a Ceramic Tile Backsplash, and a Centre Island-Perfect for Dining or Entertaining. The Spacious Bedroom Includes a Walk-In Closet and a Large Window Filling the Room with Natural Light. Enjoy Ground-Level Convenience with a Large Courtyard-Facing Private Terrace (Approx. 170 Sq. Ft.)-Ideal for Relaxing or Hosting Guests. One of the Few Ground-Floor Units Offering a Private Terrace Larger Than Balconies on Upper Floors, Providing Extra Outdoor Space and Comfort. Includes a Locker for Added Storage. Residents Enjoy a Full Range of Amenities Including a 24-Hr Concierge, Fitness Centre with Yoga, Boxing & Spin Studios, Party Room with Indoor/Outdoor Lounge, BBQ Area, Co-Working & Study Spaces, Billiards, Pet Wash Station & More. Internet Included in Maintenance Fees. Prime Location! Steps to Downsview Park Subway & GO Station, York University, Humber River Hospital, Shopping, Cafes & Major Highways (401/400/407). Experience a Transit-Oriented, Walkable Neighborhood Offering Convenience & Connectivity. Lifestyle. Ideal for First-Time Buyers, Professionals, or Investors Seeking Strong Rental Potential in a Vibrant Urban Community.

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

Closing Costs

Mortgage Amount
$343,200
Land Transfer Taxes$5,055
Legal Fees (Est.)
$
Total cash required for closing$92,355

Total Monthly Obligation

$2,502/mo
Mortgage $1,730
Monthly Loss $2,046
Principal$455
Interest$1,275
Property Tax$137
Condo Fees$434
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.8%1
5-Year IRR
9.6%33
10-Year IRR
10.4%
Returns Index
17.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,368/yr
NOI
$13,576/yr
Net Cash Flow
-$599/mo
Cash Margin
-28.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
30.9/ 100

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

Comparables

Properties near 60 George Butchart Drive 112

Time

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Data last updated within the past 24 hours.