
2309- 50 Ordnance Street, Toronto C01
Toronto C01
$599,900
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 FINE LIVING REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
55
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,750/mo
Estimated from market price-to-rent ratios
Remarks
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. 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! 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.
MississaugaInvestor.ca
2309- 50 Ordnance Street
Condo Apartment · 1bd/1ba · ~650 sqft
$599,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.79%
Monthly Cash Flow
-$2,366/mo
Estimated Rent
$1,750/mo
Cash-on-Cash
-21.6%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,750 |
| Mortgage | −$2,761 |
| Property Tax | −$475 |
| Insurance | −$225 |
| Condo Fee | −$567 |
| Vacancy (5%) | −$88 |
| Cash Flow | -$2,366/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$21,000 |
| Vacancy (5%) | −$1,050 |
| Property Tax | −$5,699 |
| Insurance | −$2,700 |
| Condo Fee | −$6,804 |
| Annual NOI | $4,747 |
| Cap Rate | 0.79% |
Cash Required to Close
| Down Payment (20%) | $119,980 |
| Ontario Land Transfer Tax | $8,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,453 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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