707-335 Driftwood Avenue, Toronto, ON

Black Creek, Toronto · MLS® W13719134

$358,900
For Sale
Listed 53 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • 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...
  • 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.

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®
W13719134
Bedrooms
2
Bathrooms
1
Size
800-899 sq ft
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
53
Listing brokerage
MASTER`S TRUST REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Nearby neighbourhoods

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

Bayview Village
$526K
Dovercourt-Wallace Emerson-Junction
$640K
Markland Wood
$680K
North St. James Town
$765K
Kensington-Chinatown
$585K

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
Also nearby: 12 more schools within 2.5 km
Driftwood Public School · Public elementary0.5 km · 42% at standard
Gosford Public School · Public elementary0.9 km · 48% at standard
St Wilfrid Catholic School · Catholic elementary1.0 km · 74% at standard
St Augustine Catholic School · Catholic elementary1.1 km · 65% at standard
Topcliff Public School · Public elementary1.3 km · 34% at standard
Blacksmith Public School · Public elementary1.3 km · 50% at standard
C W Jefferys Collegiate Institute · Public secondary1.4 km · 44% at standard
St Francis de Sales Catholic School · Catholic elementary1.5 km · 38% at standard
James Cardinal McGuigan Catholic High School · Catholic secondary1.5 km · 66% at standard
Lamberton Public School · Public elementary1.6 km · 63% at standard
Msgr Fraser College (Norfinch Campus) · Catholic secondary1.6 km
Derrydown Public School · Public elementary1.7 km · 34% at standard

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

Affordability & Mortgage

Affordability
$1,636/mo
$86KIncome needed
4.2×Price ÷ income
$377Weekly cost
$7,717Land 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.

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%
$
%
4.49%
%
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)
$1,588per month

Mortgage amount $287,120 · 4.49% over 25 years

$71,780Down payment (20.0%)
$287,120Loan before insurance
$0CMHC premium
$2,622Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,588
Property tax
$67
Condo / maintenance fees
$968
Heating
$0
Estimated monthly cost
$2,622

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

One-time closing costs

Ontario land transfer tax
$3,859
Toronto municipal land transfer tax
$3,859
Estimated closing costs
$7,717

Plus your down payment of $71,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,921/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

$189,141Total interest paid
$476,261Total of all payments
Principal $287,120 Interest $189,141
YearPrincipalInterestBalance
1$6,407$12,643$280,713
2$6,698$12,352$274,014
3$7,002$12,048$267,012
4$7,320$11,730$259,692
5$7,653$11,398$252,039
6$8,000$11,050$244,039
7$8,363$10,687$235,676
8$8,743$10,307$226,933
9$9,140$9,910$217,793
10$9,555$9,495$208,238
11$9,989$9,062$198,249
12$10,442$8,608$187,806
13$10,917$8,134$176,890
14$11,412$7,638$165,478
15$11,930$7,120$153,547
16$12,472$6,578$141,075
17$13,038$6,012$128,037
18$13,630$5,420$114,407
19$14,249$4,801$100,157
20$14,896$4,154$85,261
21$15,572$3,478$69,689
22$16,280$2,771$53,409
23$17,019$2,032$36,391
24$17,791$1,259$18,599
25$18,599$451$0

At the end of your 5-year term

Total paid over the term
$95,252
Principal paid down
$35,081
Interest paid
$60,171
Balance remaining
$252,039

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%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.

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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