$599,900 - 50 Ordnance Street Unit 2309, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular Listing- MLS Number
- C13411166
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 FINE LIVING REALTY INC.
Your search is over! Stunning corner unit in Playground Condos at Garrison Point, located in the newer enclave of Liberty Village. This exceptional suite offers unobstructed panoramic city views, breathtaking sunsets, sunrises, CN Tower & partial lake views all framed by floor-to-ceiling windows that fill the space with natural light, creating an elevated living experience. An excellent opportunity for end users or perfect for investors, this property can come fully furnished, already with a qualified tenant at $3,000/mth. Thoughtfully designed, this bright open concept home features 9 ft ceilings, a modern kitchen, integrated appliances, light wood & glossy white cabinetry, white backsplash, light flooring, & kitchen island, making it the perfect space for entertaining. Every space, including the bedroom, is framed by skyline views, offering openness from morning to night. A standout feature is two private balconies with rare multi-directional exposures. The larger balcony is ideal for relaxing, enjoying a delicious BBQ, or glass of wine, while taking in the gorgeous skyline. Premium parking with EV charger for future-ready convenience. Residents enjoy resort-style amenities, 24HR concierge, outdoor pool, terrace, BBQ area, large gym, yoga/pilates room, games room, theatre, party room, guest suites, dog wash, spa circuit with hot/cold plunges, steam room, & sauna. Ideally located in Liberty Village's vibrant community, this home is surrounded by Ordnance Park and nearby Wellington Park, connected via the Garrison Crossing pedestrian bridge, together forming over 5 acres of new green space. Enjoy nearby off-leash dog parks, plus access to Fort York National Historic Site, The Bentway, the waterfront & marina, Exhibition Place, BMO Field, Stanley Park, King West, Queen West, Trinity Bellwoods, cafés, restaurants, shopping, TTC, GO & quick highway access. Experience elevated urban living with unmatched views & an unbeatable location. You won't want to miss this one!
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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 Ordnance Street Unit 2309, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $1000/sqft, this property is priced in line with current Downtown Toronto 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.
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: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,500 (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.