2703-8 Olympic Garden Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C12789392

$1,198,000
For Sale
Listed 154 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Live in the heart of North York at Yonge & Cummer in this stunning, brand-new 3-bedroom, 2- bathroom suite offering 1,101 sq. ft. of bright, functional living space plus 220 sq. ft. spread across two large balconies with spectacular unobstructed southeast views. Designed for modern living, this home features an elegant kitchen with quartz counters, integrated appliances, soft-close cabinets, and stylish laminate flooring throughout. The building delivers an impressive collection of amenities including a full fitness centre, yoga studio, infinity-style swimming pool, business centre, 24-hour concierge, theatre room, games lounge, guest suites, and beautifully designed outdoor areas with BBQ facilities. Located just minutes from Finch TTC and GO Transit, and surrounded by excellent schools, parks, dining, and shopping, this residence offers the perfect balance of comfort, style, and convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12789392
Bedrooms
3
Bathrooms
2
Size
1000-1199
Cross streets
Yonge St & Finch Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$879/mo
Exposure
South East
Property tax
$3,158 / 2025
Days on market
154
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Bedroom 2Flat3.78 × 2.47 m

laminate · closet · w/o to balcony

KitchenFlat3.97 × 3.54 m

laminate · combined w/dining · b/i appliances

Dining RoomFlat3.97 × 3.54 m

laminate · combined w/kitchen · w/o to balcony

Bedroom 3Flat2.75 × 2.72 m

laminate · closet · window

Primary BedroomFlat3.36 × 3.20 m

laminate · 5 pc ensuite · walk-in closet(s)

Listing history

  1. Jun 4, 2026Listed$4,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Yonge St Stop # 4915 is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$634kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

410-5765 Yonge Street$658k905-5765 Yonge Street$635k101-5765 Yonge Street$629k403-5785 Yonge Street$600k905-7 Bishop Avenue$649k

The 5 closest of 6 active listings nearby.

See all comparable homes
1.20MThis home658k635k629k600k649kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $629K
$1,090this home / sqft
13active listings nearby
154days on market

153 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Newtonbrook East, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

76/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St Stop # 4915, about 21 m away

20+ transit stops5 grocery20+ dining20+ parks19 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale West
$770K
Willowdale East
$464K
Westminster-Branson
$500K
Banbury-Don Mills
$500K
Annex
$929K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.2 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5,460/mo
$235KIncome needed
5.1×Price ÷ income
$1,260Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

83%mortgage
Mortgage $5,460Property tax $263Condo fee $879Total carry $6,602

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,114per month

Mortgage amount $958,400 · 4.14% over 25 years

$239,600Down payment (20.0%)
$958,400Loan before insurance
$0CMHC premium
$6,257Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,114
Property tax
$263
Condo / maintenance fees
$879
Heating
$0
Estimated monthly cost
$6,257

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20,435
Toronto municipal land transfer tax
$20,435
Estimated closing costs
$40,870

Plus your down payment of $239,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,212/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$575,913Total interest paid
$1,534,313Total of all payments
Principal $958,400 Interest $575,913
YearPrincipalInterestBalance
1$22,452$38,921$935,948
2$23,391$37,981$912,557
3$24,370$37,003$888,187
4$25,389$35,984$862,798
5$26,451$34,922$836,348
6$27,557$33,815$808,790
7$28,710$32,663$780,080
8$29,911$31,462$750,169
9$31,162$30,211$719,007
10$32,465$28,907$686,542
11$33,823$27,549$652,719
12$35,238$26,134$617,480
13$36,712$24,660$580,768
14$38,248$23,125$542,521
15$39,848$21,525$502,673
16$41,514$19,858$461,159
17$43,251$18,122$417,908
18$45,060$16,313$372,848
19$46,945$14,428$325,903
20$48,908$12,464$276,995
21$50,954$10,418$226,040
22$53,086$8,287$172,955
23$55,306$6,067$117,649
24$57,619$3,753$60,029
25$60,029$1,343$0

At the end of your 5-year term

Total paid over the term
$306,863
Principal paid down
$122,052
Interest paid
$184,810
Balance remaining
$836,348

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
1.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.4%
Gross yield
− Property tax $3,158− Condo fees $10,548− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,006

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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