S621-8 Olympic Garden Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C13689030

$520,000
For Sale
Listed 62 days agoNo offer date statedSitting longer than typical
1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Brandly new Unit Flooded with Natural Sunlight and Breathtaking Unobstructed Views.
  • This 1+1 Bedroom Residence Boasts Upgraded Kitchen and Bathrooms, Elegant Laminate Floors, and Thoughtfully Installed Pot Lights.

Brandly new Unit Flooded with Natural Sunlight and Breathtaking Unobstructed Views. This 1+1 Bedroom Residence Boasts Upgraded Kitchen and Bathrooms, Elegant Laminate Floors, and Thoughtfully Installed Pot Lights. Indulge in Luxurious Amenities Including a Fitness Center, and a Spacious Party Room with Gatehouse Security for Added Peace of Mind. With the Subway and Shops Just Steps Away, This Home Offers a Perfect Blend of Style and Convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13689030
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge St & Finch Ave E
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete Poured
Maintenance
$530/mo
Exposure
South
Property tax
$3,374 / 2025
Days on market
62
Listing brokerage
HOMELIFE GOLCONDA REALTY INC.

Rooms

DenFlat3.80 × 3.00 m
BedroomFlat5.00 × 32.00 m
BathroomFlat3.00 × 2.00 m

4 Pc Bath

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Newtonbrook East · asking prices
$501kavg asking

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

Per square foot, these ask about $815/sqft; this home lists at $946/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
520kThis home469k439k595kThis home vs active comparables

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

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
Also nearby: 12 more schools within 2.5 km
Drewry Secondary School · Public secondary0.5 km
R J Lang Elementary and Middle School · Public elementary0.8 km · 60% at standard
St Cyril Catholic School · Catholic elementary0.9 km · 90% at standard
Newtonbrook Secondary School · Public secondary1.2 km · 68% at standard
McKee Public School · Public elementary1.3 km · 86% at standard
St Antoine Daniel Catholic School · Catholic elementary1.4 km · 58% at standard
St Paschal Baylon Catholic School · Catholic elementary1.5 km · 72% at standard
Lillian Public School · Public elementary1.5 km · 62% at standard
Pleasant Public School · Public elementary1.5 km · 58% at standard
Finch Public School · Public elementary1.7 km · 72% at standard
Churchill Public School · Public elementary1.8 km · 83% at standard
Willowdale Middle School · Public elementary1.9 km · 78% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,370/mo
$113KIncome needed
4.6×Price ÷ income
$547Weekly cost
$13,750Land transfer tax, one-time (Ontario + Toronto)
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.

75%mortgage
Mortgage $2,370Property tax $281Condo fee $530Total carry $3,181

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,300per month

Mortgage amount $416,000 · 4.49% over 25 years

$104,000Down payment (20.0%)
$416,000Loan before insurance
$0CMHC premium
$3,111Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,300
Property tax
$281
Condo / maintenance fees
$530
Heating
$0
Estimated monthly cost
$3,111

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

One-time closing costs

Ontario land transfer tax
$6,875
Toronto municipal land transfer tax
$6,875
Estimated closing costs
$13,750

Plus your down payment of $104,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,784/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

$274,041Total interest paid
$690,041Total of all payments
Principal $416,000 Interest $274,041
YearPrincipalInterestBalance
1$9,283$18,318$406,717
2$9,705$17,897$397,012
3$10,145$17,456$386,866
4$10,606$16,995$376,260
5$11,088$16,514$365,172
6$11,591$16,011$353,581
7$12,117$15,484$341,464
8$12,668$14,934$328,796
9$13,243$14,359$315,554
10$13,844$13,758$301,710
11$14,473$13,129$287,237
12$15,130$12,472$272,107
13$15,817$11,785$256,291
14$16,535$11,067$239,756
15$17,286$10,316$222,470
16$18,070$9,531$204,400
17$18,891$8,711$185,509
18$19,749$7,853$165,761
19$20,645$6,956$145,115
20$21,583$6,019$123,533
21$22,563$5,039$100,970
22$23,587$4,015$77,383
23$24,658$2,944$52,725
24$25,777$1,824$26,948
25$26,948$654$0

At the end of your 5-year term

Total paid over the term
$138,008
Principal paid down
$50,828
Interest paid
$87,181
Balance remaining
$365,172

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$1,700/mo
$20,400Gross annual rent
1.5%Cap rate after taxes and upkeep

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.

3.9%
Gross yield
− Property tax $3,374− Condo fees $6,360− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,822

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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