314-7 Bishop Avenue, Toronto, ON
Newtonbrook East, Toronto · MLS® C13837204
About this home
In short
- Best Value, Best Location, and DIRECT Access to Finch Station - Welcome to Vogue Condominiums at 7 Bishop Ave.
- Ever dreamt of stepping out of your elevator or taking a fast flight of stairs when you're in a hurry and walking straight into Finch Station without a single drop of...
- This is the perfect spacious 2-bedroom +den (with Bedrooms tucked away on separate corners), 2 bathrooms, corner unit, with 1,010 sq.ft. in the heart of North York.
- 3rd floor lets you skip the elevator rush whenever you're in a hurry, plus this building gives you DIRECT underground access to Finch Station to TTC Line 1, GO...
- The building amenities include a fully-equipped gym with modern equipment, squash courts, billiards room, ping pong, indoor swimming pool, hot tub, 24-hour concierge...
Best Value, Best Location, and DIRECT Access to Finch Station - Welcome to Vogue Condominiums at 7 Bishop Ave! Ever dreamt of stepping out of your elevator or taking a fast flight of stairs when you're in a hurry and walking straight into Finch Station without a single drop of rain or slush? This is the perfect spacious 2-bedroom +den (with Bedrooms tucked away on separate corners), 2 bathrooms, corner unit, with 1,010 sq.ft. in the heart of North York. If you've got a vision for interior style, this layout is the holy grail you've been searching for. Sunlit & bright, northwest exposure with the privacy of not having neighboring buildings directly next to your windows. Maintenance fee includes all utilities! 3rd floor lets you skip the elevator rush whenever you're in a hurry, plus this building gives you DIRECT underground access to Finch Station to TTC Line 1, GO Transit, and regional buses. 30 minutes to Union Station, 30 mins to York University, close to restaurants, cozy cafes and bars, plenty of Grocery stores, Centerpoint Mall, multiple gyms, library, parks, and more. The building amenities include a fully-equipped gym with modern equipment, squash courts, billiards room, ping pong, indoor swimming pool, hot tub, 24-hour concierge, guest suites, and visitor parking. You're also in some of the greatest school boundaries for the kids - Finch PS, Cummer Valley MS, and Earl Haig SS. Solid potential - Yes, she's sporting a few classic finishes from years gone by, but that's where your opportunity lies! A simple refresh will transform this canvas into a high-value, modern sanctuary.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13837204
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 1000-1199 sq ft
- Cross streets
- Yonge & Finch
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $986/mo
- Exposure
- North West
- Property tax
- $2,655 / 2026
- Days on market
- 22
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
combined w/dining · open concept · broadloom
bay window · sliding doors · broadloom
large window · closet · broadloom
double closet · ceramic floor · pot lights
ceramic backsplash · double sink · ceramic floor
combined w/living · w/o to balcony · broadloom
large window · walk-in closet(s) · 4 pc ensuite
Listed at $509,000. Going by how homes in Newtonbrook East and the wider GTA have actually closed against their asking prices (about 97%, 14 local closings in 90 days), the likely sale price is near $493K, if it sells. A realistic range is $464K to $533K.
Independent value check: $538K. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $501K and $566K).
Why $538K. The typical condo sold in Newtonbrook East over the past year went for about $545K (68 sales). What sets this one apart:
- ▲ Raises itIt is 1,000 to 1,199 sq ft; the typical home sold here is 800 to 899.
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,655 a year; the typical home sold here pays about $2,700.
Total price vs nearby homes. Likely closing about $493K, from 14 recent closings in this pocket.
The market behind the math:
About 2.1 months of inventory: 10 condo apartment homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $463/sqft against an area asking average of $648/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $576K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Elevator: rare and valuable for accessibility and resale. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Earl Haig Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 19 homes sold in this building over the past two years, from 142 closings in Newtonbrook East.
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 $533/sqft; this home lists at $463/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,805 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $589K | 1052 |
| November 2025 | $569K | 834 |
| December 2025 | $545K | 659 |
| January 2026 | $565K | 593 |
| February 2026 | $575K | 722 |
| March 2026 | $565K | 974 |
| April 2026 | $565K | 1042 |
| May 2026 | $560K | 1011 |
| June 2026 | $558K | 1120 |
| July 2026 | $560K | 1030 |
| August 2026 | $548K | 882 |
| September 2026 | $540K | 886 |
Neighbourhood & location
Newtonbrook East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $407,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,251
- Property tax
- $221
- Condo / maintenance fees
- $986
- Heating
- $0
- Estimated monthly cost
- $3,459
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,655
- Toronto municipal land transfer tax
- $6,655
- Estimated closing costs
- $13,310
Plus your down payment of $101,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $135,089
- Principal paid down
- $49,752
- Interest paid
- $85,336
- Balance remaining
- $357,448
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 10 whole-home leases in Newtonbrook East signed at a median of $2,382 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,166. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.