7-37 Drewry Avenue, Toronto, ON

Newtonbrook West, Toronto · MLS® C13862762

$739,000
For Sale
Listed 10 days agoNo offer date stated
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2Bedrooms
3Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to This Exceptional 9-Year-New, Top-Level Stacked Townhome Offering the Perfect Balance of Spacious, Modern Design and Low Maintenance Fees.
  • Perfectly Situated in the Highly Desirable Yonge and Finch Neighbourhood, This Stunning Two-Storey Home Features 981 Square Feet of Bright, Functional Living Space.
  • Freshly Painted Throughout, the Open-Concept Main Floor Boasts Airy 9-Foot Ceilings Filled with Natural Light.
  • Enjoy Unbeatable Urban Convenience with a Short 10-Minute Walk to Finch Station (TTC & GO Transit), and Steps to Vibrant Restaurants, Supermarkets, and Daily Amenities.
  • With Low Maintenance Fees at Just $442.91/Month and Almost 1,000 Sq.

Your Search Ends Here! Welcome to This Exceptional 9-Year-New, Top-Level Stacked Townhome Offering the Perfect Balance of Spacious, Modern Design and Low Maintenance Fees. Perfectly Situated in the Highly Desirable Yonge and Finch Neighbourhood, This Stunning Two-Storey Home Features 981 Square Feet of Bright, Functional Living Space. Freshly Painted Throughout, the Open-Concept Main Floor Boasts Airy 9-Foot Ceilings Filled with Natural Light. The Upper Level Offers Brand-New Laminate Flooring, a Rare and Convenient Layout Featuring Two Spacious Bedrooms, Each Complete with Its Own Private Full Ensuite Bathroom - Including a Luxurious, Sun-Filled Skylight in the Second Bedroom.Located in an Exceptionally Well-Managed Property, This Turn-Key Gem Includes One Underground Parking Space, a Storage Locker, and Ample Visitor Parking With Garage Door Open Via App. Enjoy Unbeatable Urban Convenience with a Short 10-Minute Walk to Finch Station (TTC & GO Transit), and Steps to Vibrant Restaurants, Supermarkets, and Daily Amenities. With Low Maintenance Fees at Just $442.91/Month and Almost 1,000 Sq. Ft., This Can't Be Beat! This Is an Ideal Opportunity for Smart First-Time Buyers, Professionals, and Savvy Investors Alike.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
C13862762
Bedrooms
2
Bathrooms
3 (1 half)
Size
900-999 sq ft
Cross streets
Yonge/Drewry
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$443/mo
Exposure
West
Property tax
$3,668 / 2026
Days on market
10
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

KitchenMain3.02 × 2.27 m

ceramic floor · granite counters · custom backsplash

Primary BedroomUpper3.61 × 3.53 m

laminate · 4 pc ensuite · closet

Bedroom 2Upper2.69 × 2.68 m

laminate · 4 pc ensuite · skylight

Living RoomMain4.27 × 4.14 m

hardwood floor · combined w/dining · west view

Dining RoomMain4.27 × 4.14 m

hardwood floor · combined w/living · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$720Klikely sale price

Listed at $739,000. Going by how homes in Newtonbrook West and the wider GTA have actually closed against their asking prices (about 98%, 8 local closings in 90 days), the likely sale price is near $720K, if it sells. A realistic range is $679K to $779K.

Independent value check: $653K. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $608K and $687K).

Why $653K. The typical townhouse sold in Newtonbrook West over the past year went for about $725K (17 sales). What sets this one apart:

  • ▼ Lowers itIt is 900 to 999 sq ft; the typical home sold here is 1,000 to 1,199.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $3,668 a year; the typical home sold here pays about $3,500.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$679KBelow recent closings$779KAbove recent closings

Total price vs nearby homes. Likely closing about $720K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$655Kmedian sold price
97%of asking, on average
−13%prices vs a year ago
~42 dayshomes like this take to sell
10days on market so far
$2,573/moest. rent · 12 leases
4.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 8 condo townhouse homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $778/sqft against an area asking average of $720/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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $699K. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is R J Lang Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Newtonbrook West, so I widened the search to the surrounding area.

Based on 8 comparable homes that sold in Newtonbrook West over the past two years, from 38 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook West · asking prices
$674kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $653K, which is where my estimate comes from.

Per square foot, these ask about $756/sqft; this home lists at $778/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
739kThis home699k759k565kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,424 closings in 12 months.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$675K115
September 2026$684K98

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.

Nearby neighbourhoods

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

Bayview Village
$803K
St. Andrew-Windfields
$871K
Hillcrest Village
$559K
Bridle Path-Sunnybrook-York Mills
$1.90M
Parkwoods-Donalda
$592K

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 R J Lang Elementary and Middle School
60%
R J Lang Elementary and Middle SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 60% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Drewry Secondary School · Public secondary0.2 km
Newtonbrook Secondary School · Public secondary1.0 km · 68% at standard
St Cyril Catholic School · Catholic elementary1.1 km · 90% at standard
Pleasant Public School · Public elementary1.3 km · 58% at standard
St Antoine Daniel Catholic School · Catholic elementary1.3 km · 58% at standard
Cummer Valley Middle School · Public elementary1.4 km · 79% at standard
Lillian Public School · Public elementary1.5 km · 62% at standard
McKee Public School · Public elementary1.5 km · 86% at standard
North West Secondary Alternative School · Public secondary1.7 km
Fisherville Senior Public School · Public elementary1.8 km
Churchill Public School · Public elementary1.8 km · 83% at standard
St Agnes Catholic School · Catholic elementary1.9 km · 82% at standard

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

Affordability & Mortgage

Affordability
$3,368/mo
$150KIncome needed
4.9×Price ÷ income
$777Weekly cost
$22,510Land 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.

82%mortgage
Mortgage $3,368Property tax $306Condo fee $443Total carry $4,117

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,269per month

Mortgage amount $591,200 · 4.49% over 25 years

$147,800Down payment (20.0%)
$591,200Loan before insurance
$0CMHC premium
$4,018Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,269
Property tax
$306
Condo / maintenance fees
$443
Heating
$0
Estimated monthly cost
$4,018

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

One-time closing costs

Ontario land transfer tax
$11,255
Toronto municipal land transfer tax
$11,255
Estimated closing costs
$22,510

Plus your down payment of $147,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,956/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

$389,454Total interest paid
$980,654Total of all payments
Principal $591,200 Interest $389,454
YearPrincipalInterestBalance
1$13,193$26,033$578,007
2$13,792$25,434$564,215
3$14,418$24,808$549,797
4$15,073$24,153$534,724
5$15,757$23,469$518,966
6$16,473$22,753$502,494
7$17,221$22,005$485,273
8$18,003$21,224$467,270
9$18,820$20,406$448,450
10$19,674$19,552$428,776
11$20,568$18,658$408,208
12$21,502$17,725$386,706
13$22,478$16,748$364,228
14$23,498$15,728$340,730
15$24,565$14,661$316,165
16$25,681$13,545$290,484
17$26,847$12,379$263,637
18$28,066$11,160$235,571
19$29,340$9,886$206,231
20$30,672$8,554$175,559
21$32,065$7,161$143,494
22$33,521$5,705$109,974
23$35,043$4,183$74,931
24$36,634$2,592$38,297
25$38,297$929$0

At the end of your 5-year term

Total paid over the term
$196,131
Principal paid down
$72,234
Interest paid
$123,897
Balance remaining
$518,966

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
From 12 whole-home leases in Newtonbrook West$2,573/mo
$30,876Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,444 to $2,720Typical rent range
~26 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 12 whole-home leases in Newtonbrook West signed at a median of $2,631 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,573. 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.

4.2%
Gross yield
− Property tax $3,668− Condo fees $5,315− Insurance $600− Vacancy & upkeep $3,396Net operating income $17,897

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

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