S707-8 Olympic Garden Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C13432994

$788,000
For Sale
Listed 37 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Qualify for New HST Rebate! Indoor 867SqFt, Huge terrace 933SqFt! Prime North York Location at Yonge/Cummer. Brand new 2Bed & 2Bath Suite With Parking &Storage Locker. Amazing Layout, Bright & Spacious + Full Balcony. Open Concept Living &Dining Room With Luxury Kitchen, B/I Apps, Quartz Countertop, Cabinetry, Laminate Floors Throughout. Gym, Party Room And Visitor Parking, 24/7 Concierge, BusinessCentre, Comprehensive Wellness Area, Fitness Centre, Landscaped Courtyard Garden, Yoga Studio,Outdoor Yoga Deck, Weight Training, Cardio Equipment, Saunas, Movie Theatre & Games Room,Infinity-Edge Pool, Outdoor Lounge & BBQ Areas, Indoor Party Rooms, Guest Suites. 3 Mins To TTCFinch Subway Station, GO Bus. Steps To School, Parks, Restaurants and Shopping Centers.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13432994
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Yonge/Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$617/mo
Exposure
North East
Days on market
37
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Dining RoomFlat1.80 × 1.80 m

laminate · w/o to terrace

Living RoomFlat3.20 × 4.20 m

laminate · large window

BedroomFlat3.00 × 3.30 m

laminate · 4 pc bath · closet

Bedroom 2Flat2.65 × 2.70 m

laminate · window · closet

KitchenFlat1.50 × 1.50 m

laminate · b/i appliances · backsplash

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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$615kavg asking

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

N2009-7 Golden Lion Heights$700kN837-7 golden lion Heights$658k1009-39 Pemberton Avenue$629k900-8 Pemberton Avenue$549k409-18 Pemberton Avenue$539k

The 5 closest of 7 active listings nearby.

See all comparable homes
788kThis home700k658k629k549k539kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $595K
$928this home / sqft
21active listings nearby
37days on market

This home lists 22% above the area average of $761/sqft.

36 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
$489K
Westminster-Branson
$500K
Bayview Village
$748K
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
$3,591/mo
$168KIncome needed
4.7×Price ÷ income
$829Weekly 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 $3,591Property tax $493Condo fee $617Total carry $4,701

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)
$3,364per month

Mortgage amount $630,400 · 4.14% over 25 years

$157,600Down payment (20.0%)
$630,400Loan before insurance
$0CMHC premium
$4,474Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,364
Property tax
$493
Condo / maintenance fees
$617
Heating
$0
Estimated monthly cost
$4,474

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

One-time closing costs

Ontario land transfer tax
$12,235
Toronto municipal land transfer tax
$12,235
Estimated closing costs
$24,470

Plus your down payment of $157,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,086/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

$378,815Total interest paid
$1,009,215Total of all payments
Principal $630,400 Interest $378,815
YearPrincipalInterestBalance
1$14,768$25,600$615,632
2$15,386$24,983$600,246
3$16,029$24,339$584,217
4$16,700$23,669$567,517
5$17,398$22,970$550,118
6$18,126$22,242$531,992
7$18,884$21,484$513,108
8$19,674$20,694$493,434
9$20,497$19,871$472,936
10$21,355$19,014$451,582
11$22,248$18,121$429,334
12$23,178$17,190$406,156
13$24,148$16,221$382,008
14$25,158$15,211$356,850
15$26,210$14,158$330,640
16$27,307$13,062$303,333
17$28,449$11,920$274,884
18$29,639$10,730$245,245
19$30,879$9,490$214,367
20$32,170$8,198$182,197
21$33,516$6,853$148,681
22$34,918$5,451$113,763
23$36,378$3,990$77,385
24$37,900$2,469$39,485
25$39,485$883$0

At the end of your 5-year term

Total paid over the term
$201,843
Principal paid down
$80,282
Interest paid
$121,561
Balance remaining
$550,118

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$2,700/mo
$32,400Gross annual rent
1.9%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.

4.1%
Gross yield
− Property tax $5,516− Condo fees $7,400− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,320

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

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