3304-8 olympic Grd. Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C13506128

$680,000
For Sale
Listed 18 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Experience upscale living at M2M in the heart of North York. This exceptional 2-bedroom , 2-bathroom suite boasts one of the building's most desirable south-facing exposures, filling thehome with natural light all day long. Enjoy stunning city views from the expansive balcony andfloor-to-ceiling windows.The modern kitchen , integrated appliances, and stylish laminate flooring, while the highceilings create a bright, open, and spacious atmosphere. Both bedrooms are generouslyproportioned, offering comfort, privacy, and plenty of room to unwind.Residents enjoy an impressive selection of premium amenities, including a fully equippedfitness centre with cardio and weight-training equipment, yoga studio and outdoor yoga deck,wellness area with saunas, infinity-edge swimming pool, landscaped courtyard, outdoor loungewith BBQ facilities, party room, games room, private theatre, business centre, visitorparking, and 24-hour concierge service.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13506128
Bedrooms
2
Bathrooms
2
Size
600-699
Cross streets
Yonge and Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Maintenance
$530/mo
Exposure
South
Property tax
$3,374 / 2025
Days on market
18
Listing brokerage
HOMELIFE GOLCONDA REALTY INC.

Rooms

Primary BedroomMain0.00 × 0.00 m

balcony · b/i closet · south view

Living RoomMain0.00 × 0.00 m

combined w/dining · laminate · balcony

Bedroom 2Main0.00 × 0.00 m

south view · b/i closet · carpet free

Dining RoomMain0.00 × 0.00 m

laminate · combined w/living · carpet free

Moe’s TakeTeam Asgarian · Broker
Above comparables
$570Kest. value

Listed at $680,000, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $560K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $475K
  • Adjusts to $475K

That comparable adjusts to $475K; the $570K estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

List price
$499KGreat deal$680KOverpriced

Total price vs nearby homes. Fair value about $570K, median of 9 comparables.

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
$640kavg asking

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

2304-8 Olympic Garden Drive$669kN2009-7 Golden Lion Heights$700kN837-7 golden lion Heights$658kN2406-7 Golden Lion Heights$595k704-8 Olympic Garden Drive$578k

The 5 closest of 8 active listings nearby.

See all comparable homes
680kThis home669k700k658k595k578kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $539K
$1,047this home / sqft
18active listings nearby
18days on market

This home lists 31% above the area average of $802/sqft.

17 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
$681K
Tam O'Shanter-Sullivan
$626K

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
$3,099/mo
$140KIncome needed
4.8×Price ÷ income
$715Weekly 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.

79%mortgage
Mortgage $3,099Property tax $281Condo fee $530Total carry $3,910

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)
$2,903per month

Mortgage amount $544,000 · 4.14% over 25 years

$136,000Down payment (20.0%)
$544,000Loan before insurance
$0CMHC premium
$3,714Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,903
Property tax
$281
Condo / maintenance fees
$530
Heating
$0
Estimated monthly cost
$3,714

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

One-time closing costs

Ontario land transfer tax
$10,075
Toronto municipal land transfer tax
$10,075
Estimated closing costs
$20,150

Plus your down payment of $136,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,526/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

$326,896Total interest paid
$870,896Total of all payments
Principal $544,000 Interest $326,896
YearPrincipalInterestBalance
1$12,744$22,092$531,256
2$13,277$21,559$517,979
3$13,832$21,003$504,146
4$14,411$20,425$489,735
5$15,014$19,822$474,721
6$15,642$19,194$459,080
7$16,296$18,540$442,783
8$16,978$17,858$425,806
9$17,688$17,148$408,118
10$18,428$16,408$389,690
11$19,199$15,637$370,491
12$20,002$14,834$350,490
13$20,838$13,998$329,651
14$21,710$13,126$307,942
15$22,618$12,218$285,324
16$23,564$11,272$261,759
17$24,550$10,286$237,210
18$25,577$9,259$211,633
19$26,646$8,189$184,987
20$27,761$7,075$157,226
21$28,922$5,914$128,303
22$30,132$4,704$98,171
23$31,392$3,443$66,779
24$32,705$2,130$34,073
25$34,073$762$0

At the end of your 5-year term

Total paid over the term
$174,179
Principal paid down
$69,279
Interest paid
$104,901
Balance remaining
$474,721

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
1.7%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.

3.6%
Gross yield
− Property tax $3,374− Condo fees $6,360− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,560

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

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