1 / ...
For Sale
$719,000
Unit 216
MLS# C1271735850 Ordnance Street 216, Toronto C01, ON M6K 0C9
2bed|2bath|700-799sqft
0parking|0locker
Residential Condo & Other|$574 fees|$3175 tax
20 days on market
Playground 2
50 Ordnance Street, Toronto
244
Total Units
7
For Sale
9
For Rent
38
Sold
184
Leased
$596K
Avg Price
35
Days (Sale)
20
Days (Lease)
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Browse Condos
1 / ...
For Sale
$719,000
Unit 2212
MLS# C1250146650 Ordnance Street 2212, Toronto C01, ON M6K 0C9
2bed|2bath|700-799sqft
1parking|0locker
Residential Condo & Other|$640 fees|$3398 tax
99 days on market
1 / ...
For Sale
$674,990
Unit 418
MLS# C1272484450 Ordnance Street E 418, Toronto C01, ON M6K 0C9
2bed|2bath|680sqft
1parking|0locker
Residential Condo & Other|$615 fees|$3297 tax
19 days on market
1 / ...
For Sale
$635,000
Unit 707
MLS# C1269387850 Ordnance Street 707, Toronto C01, ON M6K 0C9
2bed|2bath|752sqft
0parking|0locker
Residential Condo & Other|$616 fees|$3295 tax
28 days on market
1 / ...
For Sale
$495,000
Unit 1603
MLS# C1270059650 Ordnance Street 1603, Toronto C01, ON M6K 0C9
1bed|1bath|0-499sqft
1parking|0locker
Residential Condo & Other|$446 fees|$2700 tax
26 days on market
1 / ...
For Sale
$479,000
Unit 2703
MLS# C1267419850 Ordnance Street 2703, Toronto C01, ON M6K 0C8
1bed|1bath|474sqft
0parking|0locker
Residential Condo & Other|$388 fees|$2179 tax
34 days on market
Showing 1-6 of 7 properties
Property Type:
CondoNumber of Units:
244Condo Demand:
HighUnit Availability:
HighNumber of Storeys:
Condo Completion:
Unit Size Range:
0 - 999 SQFTProperty Management:
Wilson Blanchard ManagementMarket Overview
Inventory Rate
2.9%
Highest Sale
$1.0M
Lowest Sale
$319K
Avg Maintenance
$539/mo
Year Built
Market Intelligence
Price per sqft analysis and trends
Playground 2
Sale PSF
$972/sqft
37 sales
Lease PSF
$4.19/sqft/mo
168 leases
Niagara
Sale PSF
$867/sqft
38 sales
Lease PSF
$3.93/sqft/mo
8 leases
Toronto C01
Sale PSF
$883/sqft
173 sales
Lease PSF
$4.36/sqft/mo
1 leases
Toronto
Sale PSF
$788/sqft
861 sales
Lease PSF
$3.74/sqft/mo
1 leases
Price Per Sqft Trends
Avg:$971/sqft
Range: $664 - $1541/sqft
Exact sqft
Estimated
Fallback
Avg
Location Comparison
| Location | Sale PSF | Lease PSF | # Sales | # Leases |
|---|---|---|---|---|
Playground 2This Building | 972 | 4.19/mo | 37 | 168 |
Niagara | 867+12% | 3.93/mo+7% | 38 | 8 |
Toronto C01 | 883+10% | 4.36/mo-4% | 173 | 1 |
Toronto | 788+23% | 3.74/mo+12% | 861 | 1 |
Green badges indicate the building is priced below the comparison area. Data from closed transactions.
Market Analysis
Sale prices at Playground 2 average $972/sqft, which is significantly above the Niagara community average of $867/sqft (+12%).
Prices here are premium compared to the broader Toronto area ($788/sqft).
Rental rates are strong at $4.19/sqft monthly, 7% above the community average, with strong rental yield of 5.2%.
The building has seen 37 sales and 168 leases in recent transactions, indicating very high market activity.
Avg Sale PSF
$972
Avg Lease PSF
$4.19/mo
Gross Yield
5.2%
Transactions
205
Investment Analysis
Est. Monthly Rent
$2,610
Based on $4.19/sqft
Gross Yield
5.17%
Good Yield
Before expenses
Net Yield
3.64%
Moderate Yield
After expenses
Years to Recover
19.3
Via rental income
vs Niagara
-0.27%
Niagara avg: 5.44%
vs Toronto C01
-0.75%
Toronto C01 avg: 5.93%
Avg. Monthly Operating Costs
Maintenance: $534/mo
Property Tax: $239/mo
Building PSF Range
$3Avg: $972/sqft$1,400
💡 Investment Insight: Playground 2 offers strong rental yield at 5.17%, making it attractive for cash flow investors. Operating costs reduce yield by 1.53% - consider maintenance fees when evaluating.
Parking & Locker Values
Parkingcommunity
Purchase
N/A
Monthly Lease
$181.43/mo
Lockergeneric
Purchase
$10K
Monthly Lease
$50/mo
Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.
Amenities
BBQs Allowed
Bike Storage
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Outdoor Pool
Party Room/Meeting Room
Playground
Recreation Room
Rooftop Deck/Garden
Sauna
Security Guard
Security System
Visitor Parking
Maintenance Fee Includes:
A/CBuilding InsuranceCommon ElementsCondo TaxesHeatNoneParkingWater
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About Playground 2
Playground 2 is a premier condominium located at 50 Ordnance Street, Toronto in the heart of Toronto. This 244-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.
Currently, there are 238 units available at Playground 2, with prices averaging around $596K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.
Playground 2 stands out in Toronto's competitive real estate market for its prime location in the Toronto C01 area. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.
Whether you're looking to buy, sell, or rent at Playground 2, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.
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Your Agent
Viya Condex
Realtor
Condo Specialist
Remax Viya Condex Realty