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    Toronto / Downtown / Fort York

    2501 - 50 Ordnance St

    For SaleGarrison Point Condos
    $748,000
    2 Beds
    2 Bath
    0 Parking
    710 SQFT
    54 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $570/mth
    Taxes:
    $2,832 (2023)
    Cost Per Sqft:
    $1,054/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    October 24, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    19.62 x 10.3ft
    Dining
    Laminate, Open Concept, Combined with Kitchen
    19.62 x 10.3ft
    Kitchen
    Built-in Appliances, Open Concept, Combined with Dining
    19.62 x 10.3ft

    About this Listing

    Experience the height of stylish and trendy urban living with this amazing South-Facing unit, located in Toronto's most popular downtown area. The open-concept design fills every corner with plenty of natural light, highlighting the high 9-foot ceilings and showcasing the excellent craftsmanship, complete with luxurious builder upgrades like floor-to-ceiling windows. Situated in the lively heart of Liberty Village and King West, it offers a stunning view of a beautiful 4-acre park, providing a green escape amidst the city's busy life. Enjoy luxury with access to an outdoor pool, a state-of-the-art fitness centre, and a chic lounge area. When you need fresh air, a relaxing 5-minute walk takes you to the peaceful lakefront. With every needed amenity just minutes away, this isn't just a home, it's an invitation to a life of unmatched luxury. Don't miss out. Schedule a viewing now and get ready to be amazed.

    re/max hallmark maxx & afi group realtyMLS® #C9305151

    Amenities

    Guest Suites
    Visitor Parking
    Sauna
    Games Room
    Media Room
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    3,432
    Average Individual Income
    $58,399
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $119,137
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    16%
    50 - 64
    22%
    65+
    22%
    Household Income
    $0 - $30,000
    54%
    $30,000+
    23%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    68%
    Semi Detached
    16%
    Duplex
    11%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Other
    23%
    Mandarin
    19%
    Tamil
    3%
    Armenian
    1%
    Urdu
    1%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    34%
    High School
    26%
    None
    17%
    College
    14%
    University Below Batchelor
    4%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    15%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Garrison Point Condos vs The Fort York Area

    Building Trends At Garrison Point Condos

    Days on Strata

    Units at Garrison Point Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Fort York

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 18 condos in the Fort York area

    Sold Units

    28
    Units were Sold over the past twelve months

    Rented Units

    147
    Units were Rented over the past twelve months

    Best Value Rank

    Garrison Point Condos offers the
    ?
    best value out of 18 condos in the Fort York neighbourhood

    Appreciation Rank

    Garrison Point Condos has the
    ?
    highest ROI out of 18 condos in the Fort York neighbourhood

    Rental Yield

    Garrison Point Condos yields the
    ?
    highest rent prices out of 18 condos in the Fort York neighbourhood

    High Demand

    Garrison Point Condos is the
    ?
    most popular building out of 18 condos in the Fort York neighbourhood

    Transaction Insights at 50 Ordnance Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$420,000 - $475,000$515,000 - $630,000$615,000 - $699,900$710,000 - $970,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,148$1,018$995$1,098No DataNo DataNo Data
    Avg. Wait for Unit Availability74 Days28 Days41 Days40 Days61 DaysNo DataNo Data
    Ratio of Units in Building6%36%19%31%9%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Fort York