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    502 - 50 Ordnance Street

    For RentGarrison Point Condos
    $4,200/mth
    2 Beds
    2 Bath
    1 Parking
    828 SQFT
    87 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    Yes
    Exposure:
    South West
    Locker:
    None
    Possession Date:
    February 1, 2024
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Not your cookie cutter condo! Meticulously cared for by original owners this unit offers 828 sqft of fully furnished bliss, just bring your suitcase! Nestled on the private SW corner w/massive wrap-around terrace & overlooking a rooftop garden w/City/CN Tower & lake views this 2 bdrm, 2 bath, modern condo currently functions as a dreamy 1 bdrm unit geared towards entertaining. The 2 bdrm floor plan is easily achieved if desired. Chic interior w/designer furnishings & decor features 9ft ceilings, floor-to-ceiling windows, 2 wlk/outs to terrace; inviting oversized foyer; open concept living & dining rms perfect for entertaining w/lake & city views, artistic feature wall, & modern lighting+; sleek 2-tone kitchen w/quartz counters & backsplash, under cabinet lighting; stainless steel appliances+; large bdrm w/floor-to-ceiling windows & double closet; modern baths w/quartz counters, & designer tile; ideal downtown TO location steps to stylish restaurants, bars, and shopping, along with..

    Extrasgroceries and transit! Easy access to Lake Ontario, CNE, Stanley Park+++ Building amenities are top notch with a state-of-the-art gym and party rooms, 24 hr concierge, outdoor pool; sauna+++

    re/max all-stars the pb team realtyMLS® #C8034464


    Amenities

    Party Room
    Concierge
    Sauna
    Outdoor Pool
    Gym Room
    Guest Suites

    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at Garrison Point Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.7
    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

    38
    Units were Sold over the past twelve months

    Rented Units

    136
    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$410,000 - $475,000$530,000 - $601,000$615,000 - $830,000$710,000 - $990,000$949,900 - $980,000No DataNo Data
    Avg. Cost Per Sqft$1,166$1,052$1,024$1,076$1,132No DataNo Data
    Avg. Wait for Unit Availability74 Days33 Days38 Days42 Days70 DaysNo DataNo Data
    Ratio of Units in Building6%36%19%30%10%1%1%

    Maintenance Fees

    Garrison Point Condos vs The Fort York Area

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