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$639,999
50 George Butchart Drive · Toronto · Ontario M3K 0C9
130 days on market
Welcome to one of the most sought-after condo in Mattamy's luxury residence at Downsview Park. Perched on the highest floor in the building, this stunning 2-bedroom, 2-bathroom home offers unobstructed north-facing views of Downsview Park with no neighbouring buildings directly in front of you. Encompassing 832 sq. ft. including the balcony, the thoughtfully designed layout maximizes both space and functionality. Floor-to-ceiling windows flood the home with natural light and showcase breathtakin…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
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: HOUSESIGMA INC.
Source: TRREB/PROPTX · MLS® W13447208
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~750 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 45% of your true cost of ownership. The other 55% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $29,135 | $2,428/mo |
| Government & taxes | ||
| Property tax | $2,451 | $204/mo |
| Land transfer tax(closing) | $9,275 | $773/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%) | $6,400 | $533/mo |
| Condo fees | ||
| Condo / HOA fees | $7,332 | $611/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 | $65,253 | $5,438/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.