407-50 George Butchart Dr
Downsview-Roding-CFB, Toronto, Ontario M3K 1Y2
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $767at the range’s middle
- Tax a year
- $2,6172026 tax year
- Built
- 0-5
- Parking
- 11 underground
- Days on market
- Members
The brief
About 407-50 George Butchart Dr
407-50 George Butchart Dr is a 2-bedroom, 2-bathroom condo in Downsview-Roding-CFB, Toronto, listed for sale at an asking price of $575,000 (MLS® W14097280).
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.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall34/100−$907/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 8 condos with 2 bedrooms for lease in Downsview-Roding-CFB right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,617 / 2026
- MLS® number
- W14097280
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Downsview-Roding-CFB
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Condo maint.
- $640
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.59 × 6.02 m | W/O To Balcony, Combined W/Dining, Combined W/Kitchen | Flat |
| Dining | 1.68 × 2.54 m | Laminate, Combined W/Living, Combined W/Kitchen | Flat |
| Kitchen | 3.59 × 6.02 m | Laminate, Stainless Steel Appl, Quartz Counter | Flat |
| Primary | 2.78 × 4.06 m | W/O To Balcony, W/I Closet, 4 Pc Ensuite | Flat |
| 2nd Br | 2.55 × 3.04 m | Closet, Walk-in Bath | Flat |
| Foyer | 1.51 × 3.55 m | — | Flat |
| Laundry | 1.0 × 1.0 m | — | Flat |
Listing history
Buy/sell history for 407-50 George Butchart Dr, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $575,000 | N/A | For Sale | W14097280 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $115,000
- Total mortgage amount
- $460,000
- Total interest payment
- $327,200
- Total purchase cost
- $902,200
- Mortgage payment
- $2,624/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
48%Monthly carrying cost
$3,482- Rent $2,575
- Shortfall $907
Rental income opens at $2,575, the median asking rent of 8 comparable homes for lease in Downsview-Roding-CFB. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,975
- Toronto municipal land transfer tax
- $7,975
- Total land transfer tax
- $15,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $7,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $575,000
- $3,500
- Ontario total
- $7,975
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,975.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of North York By-Law No. 7625What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Electromagnetic LocksClosed
Installation of one (1) mag lock
Issued November 18, 2021
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 5 open development applications within 800 m of this home.
2850 KEELE STSite planUnder Review
INACTIVE Site Plan application to permit a one storey addition above the existing 3-storey apartment building
560 m away6 PAXTONIA BLVDSite planUnder Review
Application under site plan control to permit a 11-storey building containing 156 dwelling units and 388.82 square metres of at-grade commercial uses. (See the associated application to amend the Official Plan and Zoning By-law, under no. 23 129052 NNY 06 OZ )
770 m away6 PAXTONIA BLVDOfficial plan or zoning amendmentAppeal Received
Application to amend the Official Plan and Zoning By-law to permit a 11-storey building containing 156 dwelling units and 388.82 square metres of at-grade commercial uses.
770 m away2801 KEELE STOfficial plan or zoning amendmentAppeal Received
Application to amend the Official Plan and Zoning By-law to permit a 11-storey building containing 156 dwelling units and 388.82 square metres of at-grade commercial uses.
790 m away2801 KEELE STSite planUnder Review
Application under site plan control to permit a 11-storey building containing 156 dwelling units and 388.82 square metres of at-grade commercial uses. (See the associated application to amend the Official Plan and Zoning By-law, under no. 23 129052 NNY 06 OZ )
790 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Downsview-Roding-CFB right now
- For sale now
- 42
- Median asking price
- $475K
- New in 7 days
- 2
- Price cuts
- 21%
Middle half: $399K to $574K
15 in 28 days
9 listings
This home is asking 21% above the median, higher than three quarters of them.
See all homes in Downsview-Roding-CFBAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Downsview Park Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie | 1.9 km |
| Sheppard West Station | TTC subway: Line 1 Yonge-University | 2.3 km |
| Wilson Station | TTC subway: Line 1 Yonge-University | 2.6 km |
| Sentinel Station | TTC light rail: Line 6 Finch West | 3.1 km |
| Yorkdale Station | TTC subway: Line 1 Yonge-University | 3.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Blaydon Public SchoolToronto DSB | Public · grades JK–5 · French Immersion | 250 m | 38%Grade 3 average |
| Downsview Public SchoolToronto DSB | Public · grades JK–5 | 600 m | 70%Grade 3 average |
| St Raphael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1 km | 76%Grade 6 average |
| ÉÉC Saint-Noël-Chabanel-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.6 km | 100%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Downsview Secondary SchoolToronto DSB | Public · grades 9–12 | 700 m | 26%Grade 9 math |
| Madonna Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 950 m | 39%Grade 9 math |
| William Lyon Mackenzie Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.6 km | 73%Grade 9 math |
| ÉSC Monseigneur-de-CharbonnelConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.4 km | 63%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Downsview-Roding-CFB are shown to signed-in members.