LPH3-777 Steeles Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C13543530

$625,000
For Sale
Listed 8 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to LPH3 at 777 Steeles Ave W, a rare lower penthouse residence in a sought-after boutique building. This beautifully designed 2-bedroom, 2-bathroom corner suite offers 986 sq. ft. of bright, open-concept living, thoughtfully crafted for both everyday comfort and effortless entertaining. Boasting a desirable North and West exposure, the home is flooded with natural light throughout the day, creating a warm and inviting atmosphere. The functional layout features spacious principal rooms, generous-sized bedrooms, two full bathrooms, and seamless living and dining spaces designed to maximize every square foot. The primary bedroom offers a peaceful retreat with its own ensuite and walk-in closet, while the second bedroom provides the flexibility for guests, a home office, or growing families. Enjoy the charm and exclusivity of boutique condominium living with a more intimate community and professionally managed building. Ideally located in one of North York's most convenient neighbourhoods, you're just minutes from Promenade Shopping Centre, grocery stores, restaurants, cafés, parks, schools, community centres, and places of worship. Commuting is effortless with TTC and York Region Transit at your doorstep. Perfect for professionals, downsizers, first-time buyers, or investors, this exceptional residence offers the ideal combination of luxury, functionality, and an unbeatable location. Experience elevated condo living in one of the city's most connected and desirable communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13543530
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Bathurst St & Steeles Ave W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,041/mo
Exposure
North
Property tax
$2,639 / 2025
Days on market
8
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Primary BedroomFlat4.57 × 3.35 m

laminate · window · closet

Living RoomFlat4.39 × 5.18 m

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

KitchenFlat2.46 × 4.50 m

laminate · centre island · stainless steel appl

Bedroom 2Flat2.74 × 3.84 m

laminate · window · closet

Dining RoomFlat4.39 × 5.18 m

laminate · open concept · combined w/living

Moe’s TakeTeam Asgarian · Broker
In line
$554Kest. value

Listed at $625,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $553K, 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 $530K
  • Adjusts to $530K

That comparable adjusts to $530K; the $554K estimate above is the median of all 14 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.

The assigned public school is Pleasant Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Steeles Ave West at Bathurst St East Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$488KGreat deal$630KOverpriced

Total price vs nearby homes. Fair value about $554K, median of 14 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Newtonbrook West · asking prices
$592kavg asking

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

1407-205 Hilda Avenue$530k1505-15 Greenview Avenue$738k609-5940 Yonge Street$498k806-205 Hilda Avenue$600k

The 4 closest active listings nearby.

See all comparable homes
625kThis home530k738k498k600kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook West · median list $600K
$658this home / sqft
15active listings nearby
8days on market

This home lists 8% above the area average of $611/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 West, 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

84/ 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: Steeles Ave West at Bathurst St East Side, about 52 m away

20+ transit stops4 grocery20+ dining17 parks20+ 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
$441K
Banbury-Don Mills
$500K
Annex
$1.57M
Church-Yonge Corridor
$577K

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 Pleasant Public School
58%
Pleasant Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 58% meet the provincial standard
Fisherville Senior Public SchoolEQAO results not published
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,849/mo
$138KIncome needed
4.5×Price ÷ income
$657Weekly 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.

69%mortgage
Mortgage $2,849Property tax $220Condo fee $1,041Total carry $4,109

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,668per month

Mortgage amount $500,000 · 4.14% over 25 years

$125,000Down payment (20.0%)
$500,000Loan before insurance
$0CMHC premium
$3,929Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,668
Property tax
$220
Condo / maintenance fees
$1,041
Heating
$0
Estimated monthly cost
$3,929

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

One-time closing costs

Ontario land transfer tax
$8,975
Toronto municipal land transfer tax
$8,975
Estimated closing costs
$17,950

Plus your down payment of $125,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,241/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

$300,456Total interest paid
$800,456Total of all payments
Principal $500,000 Interest $300,456
YearPrincipalInterestBalance
1$11,713$20,305$488,287
2$12,203$19,815$476,084
3$12,714$19,305$463,370
4$13,245$18,773$450,124
5$13,799$18,219$436,325
6$14,377$17,642$421,948
7$14,978$17,040$406,970
8$15,605$16,414$391,366
9$16,257$15,761$375,108
10$16,937$15,081$358,171
11$17,646$14,372$340,525
12$18,384$13,634$322,141
13$19,153$12,865$302,988
14$19,954$12,064$283,034
15$20,789$11,230$262,246
16$21,658$10,360$240,588
17$22,564$9,454$218,024
18$23,508$8,510$194,516
19$24,491$7,527$170,024
20$25,516$6,503$144,509
21$26,583$5,435$117,926
22$27,695$4,323$90,231
23$28,853$3,165$61,378
24$30,060$1,958$31,318
25$31,318$701$0

At the end of your 5-year term

Total paid over the term
$160,091
Principal paid down
$63,675
Interest paid
$96,416
Balance remaining
$436,325

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$3,050/mo
$36,600Gross annual rent
2.7%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.

5.9%
Gross yield
− Property tax $2,639− Condo fees $12,492− Insurance $600− Vacancy & upkeep $4,026Net operating income $16,843

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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