- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $767at the range’s middle
- Tax a year
- $1,9682025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 505-777 Steeles Ave
505-777 Steeles Ave is a 1+1-bedroom, 1-bathroom condo in Newtonbrook West, Toronto, listed for sale at an asking price of $498,000 (MLS® C13762312).
Luxury 1+Den in Prime Uptown Toronto. Experience sophisticated city living in this bright and spacious suite featuring 9' ceilings, floor-to-ceiling windows, and a functional open-concept layout. The den can easily serve as a second bedroom or home office. Enjoy a large private balcony, granite countertops. Located in a quiet boutique building surrounded by Uptown Toronto's most vibrant neighborhoods - minutes to York University, Finch & Downsview Subway, transit at your door step, Major grocery stores, Shoppers, Banks shopping, cafés, restaurants, and top-rated schools.... You are very close to all amenities.. truly a place that shows to perfection!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even49/100−$334/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 condos with 2 bedrooms for lease in Newtonbrook West right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $1,968 / 2025
- MLS® number
- C13762312
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Newtonbrook West
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All Light Fixtures, All Window Coverings, Fridge, Stove, Dishwasher, Washer and Dryer.
- Condo maint.
- $698
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.08 × 5.48 m | Combined W/Dining, Laminate, W/O To Balcony | Main |
| Dining | 3.08 × 5.48 m | Laminate | Main |
| Kitchen | 2.44 × 2.53 m | Granite Counter, Tile Floor | Main |
| Primary | 3.05 × 4.12 m | W/I Closet, Laminate | Main |
| Den | 2.44 × 2.75 m | Separate Rm, Laminate | Main |
Listing history
Buy/sell history for 505-777 Steeles Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $498,000 | N/A | For Sale | C13762312 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $99,600
- Total mortgage amount
- $398,400
- Total interest payment
- $283,200
- Total purchase cost
- $781,200
- Mortgage payment
- $2,272/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
32%Monthly carrying cost
$3,134- Rent $2,800
- Shortfall $334
Rental income opens at $2,800, the median asking rent of 5 comparable homes for lease in Newtonbrook West. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,435
- Toronto municipal land transfer tax
- $6,435
- Total land transfer tax
- $12,870
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $4,395
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $498,000
- $1,960
- Ontario total
- $6,435
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,435.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 2 water-supply wells recorded within 250 mAll were drilled for domestic use; 21 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.1 m.250 m
- Groundwater recorded about 16.8 m below ground nearbyThe middle water level in the well records within 500 m (54 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 4 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 4.8 km4.8 km
- Mapped parcel: about 38,400 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 480 m480 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Sanofi Pasteur Limited, 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, QuaenetFi, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RA (f30.0; a1375) (x140)By-law
569-2013Municipality
Toronto1 f30.0
Frontage: at least 30.0 m.
2 a1375
Lot area: at least 1375 m² per dwelling unit.
3 x140
Site-specific exception 140: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(140)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Backflow Prevention Devices (Water only)Inspection
Install one new Backflow Prevention Devices Condo corp # TSCCH 1925.
Issued June 27, 2011
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
765 STEELES AVE WSite planApplication Received
To amend the Zoning By-laws to permit the construction of a 27-storey residential building containing 296 dwelling units, while retaining the existing 21-storey rental apartment building comprised of 167 rental dwelling units. A new City park is proposed at the site's southwest end and a privately-owned publically accessible space that would provide a pedestrian walkway into the site from the existing low-rise neighbourhood located south of the site.
90 m away6200 BATHURST STOfficial plan or zoning amendmentUnder Review
OPA & Rezoning Application proposes the development of two residnetial towers, 43-storey and 39-storeys. A total of 1,021 residential units are proposed, being a mix of 1-bedroom, 2-bedroom and 3-bedroom units. A paved access from Fisherville road will be provided, leading to 2 levels of below-grade parking, providing a total of 125 parking spaces; as well as 384 bicycle parking spaces. The proposed development provides a total GFA of 62,067 square metres and a FSI of 13.3. Additionally, the proposed development provides a total of 1,855 square metres of indoor amenity space and 1,917 square metres of outdoor amenity space.
290 m awayMinor VariancesIn Progress
To permit a reduced lot frontage of 12.36 metres and an increased building height of 9.56 metres to allow for the construction of a proposed single family dwelling on a soon to be severed lot.
360 m awayConsent to SeverIn Progress
To sever the subject lands to permit two new residential dwellings on the retained and severed lands. The existing bungalow is to be demolished.
360 m awayMinor VariancesIn Progress
To permit a reduced lot frontage of 12.36 metres and an increased building height of 9.51 metres to allow for the construction of a proposed single family dwelling on a soon to be severed lot.
370 m awaySite PlanIn Progress
Proposed development of a 8 storey retirement condo
400 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Newtonbrook West right now
- For sale now
- 34
- Median asking price
- $575K
- New in 7 days
- 5
- Price cuts
- 12%
Middle half: $499K to $737K
15 in 28 days
4 listings
This home is asking 13% below the median, lower than three quarters of them.
See all homes in Newtonbrook WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Yonge / Steeles | YRT bus rapid transit: Viva Blue | 2 km |
| Disera-Promenade | YRT bus rapid transit: Viva Orange | 2.1 km |
| Taiga | YRT bus rapid transit: Viva Orange | 2.2 km |
| Finch Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue | 2.6 km |
| Finch West Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 6 Finch West | 4.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Giovanni Battista Scalabrini Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 800 m | 83%Grade 6 average |
| Pleasant Public SchoolToronto DSB | Public · grades JK–5 · French Immersion | 850 m | 73%Grade 6 average |
| Westminster Public SchoolYork Region DSB | Public · grades JK–8 | 900 m | 67%Grade 6 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 5.8 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Newtonbrook Secondary SchoolToronto DSB | Public · grades 9–12 · French Immersion | 1.4 km | 39%Grade 9 math |
| St Elizabeth Catholic High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 1.6 km | 59%Grade 9 math |
| ÉSC Monseigneur-de-CharbonnelConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 1.8 km | 63%Grade 9 math |
| Drewry Secondary SchoolToronto DSB | Public · grades 9–12 | 1.9 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Newtonbrook West are shown to signed-in members.