24 Abitibi Avenue, Toronto, ON
Newtonbrook East, Toronto · MLS® C13163010
About this home
Bright & Versatile Custom-Built Home in a Prime Yonge & Steeles Location! Thoughtfully designed with a unique layout ideal for families, multi-generational living, or investors. Stunning cathedral ceiling with skylight over the kitchen/family room creates an airy, light-filled living space. Main-floor primary bedroom with 5-pc ensuite plus an additional bedroom/den on main level. Spacious upper bedrooms with abundant natural light. Separate entrance to finished basement offers excellent in-law or income potential. Beautiful landscaped front & backyard with walkout access from family room. Tesla charger on driveway. Steps to Yonge St, transit, shops, restaurants, parks & everyday amenities, with convenient access to Finch Subway and future Yonge & Steeles subway Station. Bright, functional & move-in ready!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13163010
- Bedrooms
- 8 (4 + 4)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 40 × 122.5 ft
- Cross streets
- Yonge St / Steeles Ave
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Available
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $11,034 / 2026
- Days on market
- 62
- Listing brokerage
- CENTURY 21 NEW CONCEPT
Rooms
Laminate
hardwood floor · window
3 Pc Ensuite
hardwood floor · closet · window
hardwood floor · closet · window
hardwood floor · 5 pc ensuite · closet
gas fireplace · w/o to yard
hardwood floor · moulded ceiling
hardwood floor · open concept · combined w/living
skylight · granite counters
Laminate
Ceramic Floor
Listed at $1,998,000, and my independent estimate is about 10% above what comparable homes suggest.
In Newtonbrook East lately, sellers get about 97% of asking; homes sell in ~29 days.
Total price vs nearby homes. Fair value about $1.82M, median of 8 comparables.
How this estimate is builtthe short version
I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.92M, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
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. Steeles Avenue East Loop is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Newtonbrook East, so I widened the search to the surrounding area.
Based on 8 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 17% above the area average of $761/sqft.
61 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Newtonbrook East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Steeles Avenue East Loop, about 151 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,598,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,530
- Property tax
- $920
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,449
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,435
- Toronto municipal land transfer tax
- $36,435
- Estimated closing costs
- $72,870
Plus your down payment of $399,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $511,779
- Principal paid down
- $203,557
- Interest paid
- $308,223
- Balance remaining
- $1,394,843
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 NEW CONCEPT. MLS®/PropTx.