S803-8 Olympic Garden Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C13171978

$499,000
For Sale
Listed 59 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft
11 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Discover luxury and elegance at Suite S803, 8 Olympic Garden. This impeccably designed residence features a spacious 1+ den bedroom (Spacious DEN can be used as 2nd Bedroom), 2 full bathroom layout with impressive 10-foot ceilings, creating an expansive and inviting atmosphere. Enjoy a modern kitchen with high-end appliances and ample storage. The bedroom offers a serene retreat with large windows. Located in a prime area, this suite provides convenient access to vibrant amenities and dining options, offering the ultimate urban living experience. H-Mart flagship store will open soon on the first floor.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13171978
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Yonge/Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$451/mo
Exposure
North
Property tax
$3,300 / 2026
Days on market
59
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

DenMain0.00 × 0.00 m

separate room · 3 pc bath

Living RoomMain0.00 × 0.00 m

open concept · w/o to balcony

Dining RoomMain0.00 × 0.00 m

open concept · combined w/living

Primary BedroomMain0.00 × 0.00 m

window · 4 pc ensuite · closet

KitchenMain0.00 × 0.00 m

Open Concept

Our TakeTeam Asgarian · Broker
Below comparables
$587Kest. value

Listed at $499,000, and my independent estimate is about 15% below comparable homes, worth a close look.

In Newtonbrook East lately, sellers get about 97% of asking; homes sell in ~35 days.

List price
$499KGreat deal$597KOverpriced

Total price vs nearby homes. Fair value about $587K, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 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 $780K, higher than the comparables and worth a second look.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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. 5799 Yonge Street is about a 1-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

Below comparable homes on total price, yet the price per square foot ($768/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 3 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$530kavg asking

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

N433-7 Golden Lion Heights$475kS2410-8 Olympic Garden Drive$530k704-8 Olympic Garden Drive$578kN2406-7 Golden Lion Heights$595k217-7 Bishop Avenue$470k

The 5 closest active listings nearby.

See all comparable homes
499kThis home475k530k578k595k470kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $539K
$768this home / sqft
18active listings nearby
59days on market
100sold nearby · 90 days
$599Kmedian sold price
97%of asking, on average

This home lists 6% below the area average of $813/sqft.

On the market now.

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

73/ 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: 5799 Yonge Street, about 46 m away

20+ transit stops6 grocery20+ dining20+ parks10 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 East
$594K
Bayview Village
$523K
Mount Pleasant West
$850K
Flemingdon Park
$430K
Bay Street Corridor
$618K

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
$2,274/mo
$108KIncome needed
4.6×Price ÷ income
$525Weekly 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.

76%mortgage
Mortgage $2,274Property tax $275Condo fee $451Total carry $3,000

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,856Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$275
Condo / maintenance fees
$451
Heating
$0
Estimated monthly cost
$2,856

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$2,050/mo
$24,600Gross annual rent
2.5%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.

4.9%
Gross yield
− Property tax $3,300− Condo fees $5,406− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,588

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

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