| Heat Included |






















307 - 50 Ordnance Street
Niagara, Toronto
$599,000
Welcome to Playground Condos at Garrison Point! This bright and spacious 2-bedroom, 2-bathroom suite offers 739 sq. ft. of beautifully finished living space with soaring 9.5 ft ceilings and floor-to-ceiling windows. The open-concept living room walks out to a giant wrap-around terrace with north and west exposures - perfect for morning coffee or evening sunsets. Both bedrooms are full-sized, and the primary retreat features a 4-piece ensuite. Enjoy high-end designer finishes throughout and built-in appliances, plus a premium parking spot near the elevator lobby with a rare dedicated built-in EV charger. Resort-style amenities include a concierge, gym, party room, rooftop deck and outdoor pool. Set on the historic grounds of Old Fort York, you're steps to the lake, the CNE, and Liberty Village's shops, dining and nightlife - with transit and the Gardiner just around the corner.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,066
- Property tax
- $321
- Heat allowance
- $150
- Condo fees, half counted
- $342
- Housing costs
- $3,879 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$119,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
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