50 George Butchart Drive 407, Toronto W05

$575,000
50 George Butchart Drive 407

$575,000

New
3d
Condo ApartmentApartment

50 George Butchart Drive 407, Toronto W05

Total Monthly Obligation $3,378

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
3d
Score
17
Yield
5.3%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-W14097280
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,616.53 (2026)
Maintenance-$640.3/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP QUANTUM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Downsview-Roding-CFB
Title-Residential Condo & Other

No agent assigned

Welcome to this exceptional corner suite offering unobstructed views of Downsview Park and approximately 280 sq. ft. of private outdoor living space across two expansive balconies. Perfectly positioned on the coveted fourth-floor corner of one of the community's most sought-after newer buildings, this residence offers a rare combination of privacy, natural light, and breathtaking views. Enjoy spectacular sunsets from the northwest-facing balcony, while the southeast-facing balcony welcomes the morning sun and offers distant views of Toronto's iconic CN Tower. One of the unique advantages of the fourth-floor location is its open outlook over the building's decorative rooftop stone terrace, creating a rare sense of space and privacy while preserving expansive views beyond. With windows on two sides, this bright and airy suite is filled with natural light throughout the day, creating a warm and inviting atmosphere that seamlessly blends indoor and outdoor living. Designed for modern living, the open-concept layout features premium finishes, a functional split-bedroom design, parking, locker, and Rogers high-speed internet included. Residents enjoy access to outstanding amenities including a fitness centre, yoga studio, party room, guest suite, children's playroom, co-working space, playground, and 24-hour concierge service. Located just steps from the subway, with convenient access to Highways 401 and 400, Humber River Hospital, Yorkdale Shopping Centre, parks, and everyday essentials, this home also benefits from the exciting future redevelopment of Downsview, making it an exceptional lifestyle and investment opportunity in one of Toronto's fastest-growing communities.

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

Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,378/mo
Mortgage $2,319
Monthly Loss $2,767
Principal$610
Interest$1,709
Property Tax$218
Condo Fees$640
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.3%20
10-Year IRR
8.6%
Returns Index
11.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$30,264/yr
NOI
$14,537/yr
Net Cash Flow
-$1,108/mo
Cash Margin
-43.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.5/ 100

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

Comparables

Properties near 50 George Butchart Drive 407

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.