707-335 Driftwood Avenue, Toronto, ON

Black Creek, Toronto · MLS® W13077500

$359,000
For Sale
Listed 74 days ago
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2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

Beautifully renovated and move-in-ready condo offering incredible value and convenience! This bright and spacious 2-bedroom, 1-bathroom unit boasts over 900 sqft of stylish living space in a well-maintained mid-rise building. hardwood flooring, updated bathrooms, and fresh paint throughout, this home is ready for you to enjoy.Step into a large living/dining area with big windows and an open balcony offering unobstructed park and ravine views-perfect for your morning coffee. The oversized parking space fits 2 cars.Conveniently located with TTC and the upcoming Finch LRT at your doorstep, you're just minutes from York University, schools, shopping malls, grocery stores, and restaurants. Whether you're a first-time buyer looking for an affordable entry

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13077500
Bedrooms
2
Bathrooms
1
Size
800-899
Cross streets
Jane & Steeles
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Other
Exterior
Brick
Maintenance
$968/mo
Exposure
East
Property tax
$799 / 2025
Days on market
74
Listing brokerage
MASTER`S TRUST REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$317Kest. value

Listed at $359,000, this home is about 13% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $324K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $315K
  • Adjusts to $315K

That comparable adjusts to $315K; the $317K estimate above is the median of all 12 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Shoreham Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Driftwood Ave at Niska Rd North Side is about a 1-minute walk away.

List price
$302KGreat deal$359KOverpriced

Total price vs nearby homes. Fair value about $317K, median of 12 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Black Creek · asking prices
$335kavg asking

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

1203-10 TOBERMORY Drive$335k608-335 Driftwood Avenue$335k709-335 Driftwood Avenue$330k405-335 Driftwood Avenue$325k110-5 San Romano Way$350k

The 5 closest of 8 active listings nearby.

See all comparable homes
359kThis home335k335k330k325k350kThis home vs active comparables
Live market pulseActive comparables in Black Creek · median list $330K
$423this home / sqft
25active listings nearby
74days on market

This home lists 9% above the area average of $389/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Black Creek, 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.

Getting around

65/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Driftwood Ave at Niska Rd North Side, about 84 m away

20+ transit stops6 grocery20+ dining20+ parks11 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Willowdale West
$770K
Willowdale East
$441K
Annex
$1.39M
Banbury-Don Mills
$500K
Church-Yonge Corridor
$574K

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 Shoreham Public School
54%
Shoreham Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$1,636/mo
$86KIncome needed
4.2×Price ÷ income
$378Weekly cost
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.

61%mortgage
Mortgage $1,636Property tax $67Condo fee $968Total carry $2,670

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,533per month

Mortgage amount $287,200 · 4.14% over 25 years

$71,800Down payment (20.0%)
$287,200Loan before insurance
$0CMHC premium
$2,567Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,533
Property tax
$67
Condo / maintenance fees
$968
Heating
$0
Estimated monthly cost
$2,567

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

One-time closing costs

Ontario land transfer tax
$3,860
Toronto municipal land transfer tax
$3,860
Estimated closing costs
$7,720

Plus your down payment of $71,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,861/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

$172,582Total interest paid
$459,782Total of all payments
Principal $287,200 Interest $172,582
YearPrincipalInterestBalance
1$6,728$11,663$280,472
2$7,010$11,382$273,462
3$7,303$11,089$266,160
4$7,608$10,783$258,551
5$7,926$10,465$250,625
6$8,258$10,133$242,367
7$8,603$9,788$233,764
8$8,963$9,428$224,800
9$9,338$9,053$215,462
10$9,729$8,662$205,733
11$10,136$8,256$195,598
12$10,560$7,832$185,038
13$11,001$7,390$174,037
14$11,462$6,930$162,575
15$11,941$6,450$150,634
16$12,440$5,951$138,194
17$12,961$5,430$125,233
18$13,503$4,888$111,730
19$14,068$4,324$97,662
20$14,656$3,735$83,006
21$15,269$3,122$67,737
22$15,908$2,483$51,829
23$16,573$1,818$35,255
24$17,267$1,125$17,989
25$17,989$402$0

At the end of your 5-year term

Total paid over the term
$91,956
Principal paid down
$36,575
Interest paid
$55,381
Balance remaining
$250,625

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$2,700/mo
$32,400Gross annual rent
4.4%Est. cap rate

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.

9.0%
Gross yield
− Property tax $799− Condo fees $11,610− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,827

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

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