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    Toronto / Downtown / Fort York

    1606 - 50 Ordnance St

    For RentGarrison Point Condos
    $2,450/mth
    Price Cut: $2,500
    1 Bed
    1 Bath
    0 Parking
    499 SQFT
    74 Days on Strata

    Listing History

    Unit Highlights

    Possession Date:
    November 15, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Open Concept
    8.83 x 8.1ft
    Dining
    Laminate, Combined with Kitchen
    10.66 x 10.53ft
    Kitchen
    Laminate, Modern Kitchen, Quartz Counter
    10.66 x 10.53ft

    About this Listing

    Welcome home to your Liberty Village 1 bedroom condo with unobstructed views of the city! Featuring an open-concept living space with floor-to-ceiling windows that welcomes bright, natural light, complete with modern kitchen & sleek, built-in appliances, and a huge balcony to enjoy. Large bedroom with floor-to-ceiling windows can make you feel like you're sleeping in air! Walking distance to the lake, parks, King & Queen Streets, and so much more!

    re/max realty enterprises inc.MLS® #C9393583

    Amenities

    Concierge
    Outdoor Pool
    Party Room
    Guest Suites
    Media Room
    Visitor Parking

    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.

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    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
    30
    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
    compared to other buildings in Fort York

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 18 condos in the Fort York area

    Sold Units

    31
    Units were Sold over the past twelve months

    Rented Units

    145
    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$698,000 - $970,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,148$1,016$1,017$1,082No DataNo DataNo Data
    Avg. Wait for Unit Availability74 Days29 Days43 Days41 Days61 DaysNo DataNo Data
    Ratio of Units in Building6%36%19%31%9%1%1%

    Transactions vs Inventory

    Total number of units listed and leased in Fort York