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$569,000
50 Ordnance Street · Toronto · Ontario M6K 0C9
110 days on market
Bright one bedroom with a private balcony in the heart of Liberty Village. Top-floor unit with west-facing sun all afternoon. Walk to the lake, waterfront parks, CNE grounds and Fort York, with the neighbourhood's shops, cafes and restaurants right outside your door. Comes with Blomberg built-in appliances, upgraded laminate floors and in-suite laundry. TTC access just steps away. Tenant covers hydro and water.Walk to the lake, waterfront parks, CNE grounds and Fort York, with the neighbourhood'…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
↓ $20KPrice reduction
MLS shows the seller reduced the asking price by $20,000 (from $589,000 to $569,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: EXP REALTY
Source: TRREB/PROPTX · MLS® C13524044
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $25,903 | $2,159/mo |
| Government & taxes | ||
| Property tax | $3,008 | $251/mo |
| Land transfer tax(closing) | $7,855 | $655/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,690 | $474/mo |
| Condo fees | ||
| Condo / HOA fees | $6,300 | $525/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $59,416 | $4,951/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.