- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $1,067at the range’s middle
- Tax a year
- $3,7252026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 2401-50 Ordnance St
2401-50 Ordnance St is a 2-bedroom, 2-bathroom condo in Niagara, Toronto, listed for sale at an asking price of $800,000 (MLS® C14115486).
**Stunning Lake Views, Luxury Living & Unbeatable Downtown Location!** Experience the perfect blend of style, comfort, and urban sophistication at 50 Ordnance Street, Suite 2401! This beautiful south-facing residence offers breathtaking views of Lake Ontario and the surrounding cityscape, complemented by soaring 9-foot ceilings, floor-to-ceiling windows, and an open-concept layout that fills the space with abundant natural light. Nestled between the vibrant neighbourhoods of Liberty Village and King West, this exceptional home offers the best of downtown Toronto living. Enjoy picturesque views of the nearby 4-acre park, providing a refreshing green escape in the heart of the city. Indulge in resort-style amenities, including an outdoor swimming pool, state-of-the-art fitness centre, and stylish resident lounge. Step outside and discover trendy restaurants, charming cafés, boutique shops, grocery stores, parks, and exciting nightlife, all just moments away. With convenient access to TTC transit, GO Transit, major highways, and the waterfront, commuting and exploring the city couldn't be easier. Whether you're relaxing at home, entertaining guests, or enjoying everything downtown has to offer, this residence delivers an exceptional lifestyle in a highly desirable location. **Don't miss this incredible opportunity to own your piece of downtown Toronto! Book your private showing today!**
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall23/100−$1,700/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 91 condos with 2 bedrooms for lease in Niagara 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
- $3,725 / 2026
- MLS® number
- C14115486
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Niagara
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 2 × 2pc
- 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
- No
- Family room
- No
- Extras
- Stainless steel refrigerator, built-in microwave, dishwasher, stove, stacked W/D, existing wall-mounted kitchen shelving, existing light fixtures, and window coverings.
- Condo maint.
- $640
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.12 × 5.94 m | Combined W/Dining, O/Looks Dining, Open Concept | Main |
| Dining | 3.12 × 5.94 m | Combined W/Living, hardwood floor, Open Concept | Main |
| Kitchen | 3.12 × 5.94 m | Combined W/Dining, Side Door, Open Concept | Main |
| Primary | 3.07 × 3.61 m | 3 Pc Ensuite, hardwood floor, South View | Main |
| 2nd Br | 2.79 × 2.79 m | Closet, hardwood floor, South View | Main |
Listing history
Buy/sell history for 2401-50 Ordnance St, 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 | $800,000 | N/A | For Sale | C14115486 |
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
- $160,000
- Total mortgage amount
- $640,000
- Total interest payment
- $455,000
- Total purchase cost
- $1,255,000
- Mortgage payment
- $3,650/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
57%Monthly carrying cost
$4,600- Rent $2,900
- Shortfall $1,700
Rental income opens at $2,900, the median asking rent of 91 comparable homes for lease in Niagara. 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
- $12,475
- Toronto municipal land transfer tax
- $12,475
- Total land transfer tax
- $24,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $16,475
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 $800,000
- $8,000
- Ontario total
- $12,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $12,475.
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
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m101 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.8 m below ground nearbyThe middle water level in the well records within 500 m (281 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 27 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 1.3 km1.3 km
- Mapped parcel: about 40,760 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 40 m40 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — 1116 King Street West, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 2 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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 Toronto By-Law No. 438-86What 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
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
2 TECUMSETH STSite planUnder Review
Site Plan Control application for three mixed-use buildings with a total of 1,225 dwelling units and 3,370 square metres of non-residential gross floor area that are proposed to be constructed in two phases. Phase 1 is proposed to be 31 storeys (110.5 metres), and Phase 2 is proposed to be 40 storeys (130.5 metres) and 12 storeys (45.4 metres). All three buildings will have a shared two-storey below grade parking garage with a total of 401 vehicular parking spaces.
320 m away2 STRACHAN AVESite planUnder Review
The proposed redevelopment of this site includes a new hotel and performance venue that will attract local, national, and international visitors. The proposed entertainment venue is a tiered modern concert venue, which can seat up to 5,500 patrons. The program is intended to host concerts, esportsevents, conventions, corporate events, product launches, and awards shows. The proposed hotel building is a 32-storey, 111.92-metre-tall mixed-use tower with approximately 370 guest rooms.
330 m away952 KING ST WSite planUnder Review
The proposed development consists of a 16-storey mixed-use building, which will have a total height of 50.6 metres to the top of the roof and 56.6 metres to the top of the mechanical penthouse. The building will be comprised of approximately 578 square metres of ground floor retail space, and will contain 213 residential units, including grade-related townhouse units along the Strachan Avenue frontage. The proposed gross floor area will be approximately 14,441 square metres, resulting in a density of 9.33 FSI. A Zoning By-law Amendment application (22 201229 STE 10 OZ) is being concurrently reviewed with this site plan application.
360 m away109 STRACHAN AVESite planUnder Review
Site plan approval application to facilitate the redevelopment of the site for a 13 storey mixed-use building having a non-residential gross floor area of 138 square metres, and a residential gross floor area of 21,122 square metres. The Zoning By-law Amendment and Official Plan Amendment application has been OLT approved, pending final order until the applicant has fulfilled the required conditions.
370 m away111 STRACHAN AVESite planUnder Review
Site plan approval application to facilitate the redevelopment of the site for a 13 storey mixed-use building having a non-residential gross floor area of 138 square metres, and a residential gross floor area of 21,122 square metres. The Zoning By-law Amendment and Official Plan Amendment application has been OLT approved, pending final order until the applicant has fulfilled the required conditions.
380 m away133 NIAGARA STSite planUnder Review
Site Plan Control application for three mixed-use buildings with a total of 1,225 dwelling units and 3,370 square metres of non-residential gross floor area that are proposed to be constructed in two phases. Phase 1 is proposed to be 31 storeys (110.5 metres), and Phase 2 is proposed to be 40 storeys (130.5 metres) and 12 storeys (45.4 metres). All three buildings will have a shared two-storey below grade parking garage with a total of 401 vehicular parking spaces.
390 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 Niagara right now
- For sale now
- 168
- Median asking price
- $582K
- New in 7 days
- 24
- Price cuts
- 18%
Middle half: $499K to $756K
83 in 28 days
31 listings
This home is asking 37% above the median, higher than three quarters of them.
See all homes in NiagaraAsking 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 |
|---|---|---|
| Exhibition GO | GO Transit train: Lakeshore West | 900 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 2.2 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 2.2 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 2.4 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.5 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 and UP Express 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 |
|---|---|---|---|
| Niagara Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 500 m | 95%Grade 6 average |
| St Mary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 750 m | 75%Grade 6 average |
| Charles G Fraser Junior Public SchoolToronto DSB | Public · grades JK–6 | 1 km | 87%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.4 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 1.1 km | — |
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 1.2 km | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 2.1 km | 8%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2.9 km | 69%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 Niagara are shown to signed-in members.