$590,000 - 50 George Butchart Drive Unit 1013, Downsview
Condo for Sale in Downsview
78 days on market- MLS Number
- W12945756
- Property Type
- Condo
- Status
- active
- Days on Site
- 78
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Downsview / Black Creek
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- META REALTY INC.
Discover this stylish and functional 2-bedroom, 2-bathroom residence at Saturday in Downsview Park by Mattamy Homes. Situated on the highest floor of the building(10th Floor), this suite offers a penthouse-like feel with enhanced privacy and elevated views.This bright and well-appointed 680 sq ft unit features a thoughtfully designed layout with no wasted space, complemented by upgraded laminate flooring, modern finishes throughout, and a spacious ~70 sq ft balcony with bright southeast exposure with abundant natural light.The sleek kitchen is equipped with quartz countertops, higher-end stainless steel appliances, and soft-close cabinetry, offering a refined, contemporary design that blends style with everyday functionality. Unit also includes a frameless glass shower in the primary ensuite along with a bathtub in second bathroom, curtain rods with blackout curtains in the primary bedroom.Both bedrooms are well-proportioned, providing comfortable living along with flexible work-from-home options. The open-concept living and dining area flows seamlessly to the balcony, creating an ideal setting for relaxing or entertaining.This unit includes 1 parking space and 1 locker for added convenience.Residents enjoy exceptional amenities, including a fully equipped fitness centre, yoga studio, party room, co-working lounge, games room, outdoor terrace with BBQ area, pet wash station, and 24/7 concierge service.Ideally located in the heart of Downsview Park, this home offers direct access to expansive green space, walking trails, and year-round events. Transit is highly accessible with TTC, Downsview Park GO, and nearby subway connections, while highways 401, 400, and Allen Road are just minutes away. York University and Yorkdale Shopping Centre are also nearby.A modern urban home in a vibrant, well-connected community surrounded by nature and convenience.
Estimate your monthly payments for this property
Estimated Payment
$3,027.01/mo
Includes CMHC insurance ($16,461)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downsview / Black Creek
Downsview / Black Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downsview / Black Creek
- •Convenient location in Downsview / Black Creek
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downsview / Black Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
50 George Butchart Drive Unit 1013, Downsview / Black Creek
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $983/sqft, this property is priced in line with current Downsview market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 78 days on site, this property has exceeded the typical selling timeline for Downsview. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Downsview properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.