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Unit 511 at Playground 1

Sold

30 Ordnance Street 511, Toronto C01, ON M6K 0C9

MLS #C12228047

$500,000

Sold on September 9, 2025

September 9, 2025

Originally listed at $539,000 23 days on market

About This Property

Enjoy Breathtaking CN Tower & City Views from Your Own Large Private Terrace! This beautifully designed unit features a spacious balcony with unobstructed panoramic views of the CN Tower and Toronto skyline. Inside, you'll find a modern kitchen with built-in appliances, sleek laminate flooring throughout, and a thoughtfully laid-out floor plan that maximizes space and comfort. The building offers resort-style amenities including an outdoor pool, gym, jacuzzi, sauna, guest suites, and more. Perfectly situated within walking distance to parks, restaurants, grocery stores, and public transit, this is city living at its finest. ** Living room and bedroom images have been virtual staged for illustration purposes only.

Investment Analysis

$2,613
Est. Monthly Rent
Based on $4/sqft
5.82%
Gross Yield
Before expenses
4.27%
Net Yield
After expenses
17.2
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($495/mo) and property tax ($2,396/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$829/sqft
Playground 1
$940/sqft-11.8%
Niagara
$867/sqft-4.3%
Toronto C01
$883/sqft
Building PSF Range
$769$1,154

Below Market Value

This unit is priced 11.8% below the building average of $940/sqft. With a 4.27% net yield after expenses, this could be a strong investment opportunity.

Analysis based on 18 sales and 118 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2832
MLS Size600-699
Listed OnJun 16, 2025
Maintenance Fees$495/month
Property Tax$2,396/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Flat)4.48 x 3.1714.7 x 10.4-
Kitchen(Flat)4.48 x 3.1714.7 x 10.4-
Kitchen(Flat)4.48 x 3.1714.7 x 10.4-
Living Room(Flat)3.32 x 3.0810.9 x 10.1-
Living Room(Flat)3.32 x 3.0810.9 x 10.1-
Living Room(Flat)3.32 x 3.0810.9 x 10.1-
Dining Room(Flat)3.32 x 3.0810.9 x 10.1-
Dining Room(Flat)3.32 x 3.0810.9 x 10.1-
Dining Room(Flat)3.32 x 3.0810.9 x 10.1-
Primary Bedroom(Flat)2.89 x 3.599.5 x 11.8-
Primary Bedroom(Flat)2.89 x 3.599.5 x 11.8-
Primary Bedroom(Flat)2.89 x 3.599.5 x 11.8-

Room Dimensions Available

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Unit 511 History

Complete transaction history for this unit

Terminated

Listed: May 21, 2025

$459,000

26 days on marketSale
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Transaction History Available

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Price History

Original List Price

$539,000

Listed on Jun 16, 2025

Sold Price

$500,000

Sold on Sep 9, 2025

-$39,000

-7.2%

23 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePlayground 1
Address30 Ordnance Street, Toronto
Parking Type

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About Unit 511 at Playground 1

Unit 511 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 600-699 square feet located at Playground 1, 30 Ordnance Street, Toronto. This unit is currently sold (sold for $500K).

About Playground 1

Playground 1 is located at 30 Ordnance Street, Toronto in Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Niagara Neighbourhood

This unit is located in Niagara, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Part of Playground Condos

Playground 1 is part of the Playground Condos development. Explore all buildings and available units within this prestigious multi-building community.

Whether you're looking to buy, sell, or rent at Playground 1, 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.

Keywords: Unit 511 Playground 1 Toronto C01

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