505-777 Steeles Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C13762312

$498,000
For Sale
Listed 40 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Luxury 1+Den in Prime Uptown Toronto.
  • Experience sophisticated city living in this bright and spacious suite featuring 9' ceilings, floor-to-ceiling windows, and a functional open-concept layout.
  • Located in a quiet boutique building surrounded by Uptown Toronto's most vibrant neighborhoods - minutes to York University, Finch & Downsview Subway, transit at your...

Luxury 1+Den in Prime Uptown Toronto. Experience sophisticated city living in this bright and spacious suite featuring 9' ceilings, floor-to-ceiling windows, and a functional open-concept layout. The den can easily serve as a second bedroom or home office. Enjoy a large private balcony, granite countertops. Located in a quiet boutique building surrounded by Uptown Toronto's most vibrant neighborhoods - minutes to York University, Finch & Downsview Subway, transit at your door step, Major grocery stores, Shoppers, Banks shopping, cafés, restaurants, and top-rated schools.... You are very close to all amenities.. truly a place that shows to perfection!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13762312
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Steeles & Bathurst
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$698/mo
Exposure
North
Property tax
$1,968 / 2025
Days on market
40
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

KitchenMain2.53 × 2.44 m

granite counters · tile floor

Dining RoomMain5.48 × 3.08 m

Laminate

DenMain2.75 × 2.44 m

separate room · laminate

Primary BedroomMain4.12 × 3.05 m

walk-in closet(s) · laminate

Living RoomMain5.48 × 3.08 m

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

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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.

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.

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
Also nearby: 8 more schools within 2.5 km
North West Secondary Alternative School · Public secondary0.9 km
Rockford Public School · Public elementary1.0 km · 54% at standard
Newtonbrook Secondary School · Public secondary1.4 km · 68% at standard
R J Lang Elementary and Middle School · Public elementary1.7 km · 60% at standard
Drewry Secondary School · Public secondary1.9 km
Northview Heights Secondary School · Public secondary2.0 km · 72% at standard
St Antoine Daniel Catholic School · Catholic elementary2.1 km · 58% at standard
Yorkview Public School · Public elementary2.3 km · 52% at standard

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

Affordability & Mortgage

Affordability
$2,270/mo
$108KIncome needed
4.6×Price ÷ income
$524Weekly cost
$12,870Land 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.

72%mortgage
Mortgage $2,270Property tax $164Condo fee $698Total carry $3,132

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)
$2,203per month

Mortgage amount $398,400 · 4.49% over 25 years

$99,600Down payment (20.0%)
$398,400Loan before insurance
$0CMHC premium
$3,065Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,203
Property tax
$164
Condo / maintenance fees
$698
Heating
$0
Estimated monthly cost
$3,065

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

One-time closing costs

Ontario land transfer tax
$6,435
Toronto municipal land transfer tax
$6,435
Estimated closing costs
$12,870

Plus your down payment of $99,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,666/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

$262,447Total interest paid
$660,847Total of all payments
Principal $398,400 Interest $262,447
YearPrincipalInterestBalance
1$8,891$17,543$389,509
2$9,294$17,140$380,215
3$9,716$16,718$370,499
4$10,157$16,276$360,341
5$10,619$15,815$349,723
6$11,101$15,333$338,622
7$11,605$14,829$327,017
8$12,132$14,302$314,886
9$12,682$13,751$302,203
10$13,258$13,176$288,945
11$13,860$12,574$275,085
12$14,490$11,944$260,595
13$15,147$11,286$245,448
14$15,835$10,599$229,612
15$16,554$9,880$213,058
16$17,306$9,128$195,752
17$18,092$8,342$177,661
18$18,913$7,521$158,748
19$19,772$6,662$138,976
20$20,669$5,764$118,306
21$21,608$4,826$96,698
22$22,589$3,845$74,109
23$23,615$2,819$50,495
24$24,687$1,747$25,808
25$25,808$626$0

At the end of your 5-year term

Total paid over the term
$132,169
Principal paid down
$48,677
Interest paid
$83,492
Balance remaining
$349,723

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
2.2%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.

4.9%
Gross yield
− Property tax $1,968− Condo fees $8,376− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,950

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

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