691 Conacher Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C14027848

$1,429,000
For Sale
Listed 2 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome To This Exceptional 4-Bedroom, 3-Bath Detached Home Situated On A Generous 55' x 133' Corner Lot (Approx.
  • A Rare Opportunity For First-Time Buyers, Renovators, Builders & Savvy Investors To Create, Renovate, Rebuild Or Unlock Significant Future Value In One Of North...

Welcome To This Exceptional 4-Bedroom, 3-Bath Detached Home Situated On A Generous 55' x 133' Corner Lot (Approx. 7,319 Sq. Ft.) In Prestigious Newtonbrook East, Surrounded By Multi-Million-Dollar Homes. A Rare Opportunity For First-Time Buyers, Renovators, Builders & Savvy Investors To Create, Renovate, Rebuild Or Unlock Significant Future Value In One Of North York's Most Coveted Communities. Ideally Located Near Parks, Excellent Schools, Shopping & Public Transit, With Convenient Bus Access To Finch Subway Station. An Outstanding Hold, Renovate, Build Or Invest Opportunity With The Location, Lot Size & Potential To Make It Your Own Or Maximize Its Long-Term Upside.

Key facts

Property type
Detached, 2-Storey
MLS®
C14027848
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
55.29 × 133.83 ft
Cross streets
Bayview and Steeles
Parking
2 garage · 4 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,253 / 2025
Days on market
2
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 211.90 × 11.20 m

Parquet

Living RoomMain18.00 × 13.30 m

Broadloom

KitchenMain14.30 × 10.70 m

Ceramic Floor

Family RoomMain11.90 × 17.10 m

Parquet

Bedroom 310.30 × 10.70 m

Parquet

Dining RoomMain10.20 × 12.70 m

Broadloom

Primary Bedroom11.20 × 17.40 m

Parquet

Bedroom 411.10 × 15.30 m

Parquet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.37Mlikely sale price

Listed at $1,429,000. Going by how homes in Newtonbrook East and the wider GTA have actually closed against their asking prices (about 96%, 22 local closings in 90 days), the likely sale price is near $1.37M, if it sells. A realistic range is $1.29M to $1.55M.

Independent value check: $1.44M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.35M and $1.51M).

Why $1.44M. The typical detached home sold in Newtonbrook East over the past year went for about $1.38M (86 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $9,253 a year; the typical home sold here pays about $8,800.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$1.29MBelow recent closings$1.55MAbove recent closings

Total price vs nearby homes. Likely closing about $1.37M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.27Mmedian sold price
95%of asking, on average
−11%prices vs a year ago
~22 dayshomes like this take to sell
2days on market so far
$4,164/moest. rent · 26 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 6 detached homes for sale in the area against 22 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 $635/sqft against an area asking average of $826/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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.

It never sees the asking price. The 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.38M. 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.

  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit

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

Based on 22 comparable homes that sold in Newtonbrook East over the past two years, from 145 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook East · asking prices
$1.51Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.44M, which is where my estimate comes from.

Per square foot, these ask about $763/sqft; this home lists at $635/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.43MThis home1.56M1.50M1.29M1.53M1.69MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Newtonbrook East: $1.25M in September 2026, down 17% from a year ago, on 69 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.43M5
March 2026$1.40M11
April 2026$2.25M7
May 2026$1.38M15
June 2026$1.31M7
July 2026$1.30M7
August 2026$1.28M9
September 2026$1.25M8

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.

Willowdale West
$1.92M
Lansing-Westgate
$2.60M
Bedford Park-Nortown
$2.96M
Lawrence Park South
$2.67M
Oakwood Village
$1.74M

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: 11 more schools within 2.5 km
Brebeuf College School · Catholic secondary0.4 km · 80% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary0.8 km · 74% at standard
Lillian Public School · Public elementary0.9 km · 62% at standard
Steelesview Public School · Public elementary1.2 km · 85% at standard
Lester B Pearson Elementary School · Public elementary1.2 km · 92% at standard
Blessed Trinity Catholic School · Catholic elementary1.4 km · 53% at standard
Finch Public School · Public elementary1.7 km · 72% at standard
Pineway Public School · Public elementary2.0 km · 48% at standard
Drewry Secondary School · Public secondary2.2 km
Newtonbrook Secondary School · Public secondary2.2 km · 68% at standard
Zion Heights Middle School · Public elementary2.3 km · 93% at standard

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

Affordability & Mortgage

Affordability
$6,513/mo
$277KIncome needed
5.2×Price ÷ income
$1,503Weekly cost
$50,110Land 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.

89%mortgage
Mortgage $6,513Property tax $771Total carry $7,284

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)
$6,321per month

Mortgage amount $1,143,200 · 4.49% over 25 years

$285,800Down payment (20.0%)
$1,143,200Loan before insurance
$0CMHC premium
$7,092Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,321
Property tax
$771
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,092

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

One-time closing costs

Ontario land transfer tax
$25,055
Toronto municipal land transfer tax
$25,055
Estimated closing costs
$50,110

Plus your down payment of $285,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,650/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

$753,085Total interest paid
$1,896,285Total of all payments
Principal $1,143,200 Interest $753,085
YearPrincipalInterestBalance
1$25,511$50,340$1,117,689
2$26,670$49,182$1,091,019
3$27,881$47,971$1,063,138
4$29,146$46,705$1,033,992
5$30,470$45,382$1,003,522
6$31,853$43,998$971,669
7$33,300$42,552$938,369
8$34,811$41,040$903,558
9$36,392$39,459$867,166
10$38,044$37,807$829,121
11$39,772$36,080$789,349
12$41,578$34,274$747,772
13$43,465$32,386$704,306
14$45,439$30,413$658,868
15$47,502$28,349$611,366
16$49,659$26,193$561,707
17$51,913$23,938$509,793
18$54,271$21,581$455,523
19$56,735$19,117$398,788
20$59,311$16,541$339,477
21$62,004$13,848$277,474
22$64,819$11,033$212,655
23$67,762$8,090$144,893
24$70,838$5,013$74,055
25$74,055$1,797$0

At the end of your 5-year term

Total paid over the term
$379,257
Principal paid down
$139,678
Interest paid
$239,579
Balance remaining
$1,003,522

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 26 whole-home leases in Newtonbrook East$4,164/mo
$49,968Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,954 to $4,628Typical rent range
~24 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 26 whole-home leases in Newtonbrook East signed at a median of $3,829 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,164. 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.

3.5%
Gross yield
− Property tax $9,253− Insurance $1,400− Vacancy & upkeep $5,496Net operating income $33,819

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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