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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • North York
  • Newtonbrook East
  • 7 Bishop Avenue
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  • Sold Sold in Oct 2025
  • Condo Apt

516 - 7 Bishop Avenue

North York, Newtonbrook East
  • 2 + 1 Bedrooms
  • 2 Bathrooms
  • 1 Garage
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Sold Price: $ 690,000
5.48%
Listed Price: $ 730,000
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Key Facts About 516 - 7 Bishop Avenue, North York

  • Tax $2,820 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $1167.25
  • Size 1200 - 1399 feet²
  • Parking 1 garage, 1 parking
  • Listing # C12441986
  • Data Source PROPTX
  • Days on Market 19
  • Listed On 03/10/2025
  • Updated On 03/11/2025
  • Market Demand
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Description

Rarely Offered Southwest Corner Unit With 1235 Sq.Ft. Featuring 2 Spacious Bedrooms + Den (Can Convert Into 3rd Bedroom Or Office) And 2 Full Washrooms. Located In The Highly Sought-After Earl Haig Secondary School District (Cummer Valley MS, Finch PS). Upgraded Kitchen With Top-Of-The-Line Stainless Steel Appliances, Limestone Flooring, Granite Countertops, And Smooth Ceilings. Upgraded Hardwood Floors Throughout And Modern Vanities In Both Washrooms. Direct Underground Access To Finch Subway Station, Just Steps To Viva/YRT/GO Terminal, Restau

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Property Details of 516 - 7 Bishop Avenue, North York

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Newtonbrook East
  • Municipality North York

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 4pc
  • Bathroom Details 1, 4pc
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Electric

Building

  • Size 1200 - 1399 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Yonge & Bishop

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Our Estimate

See Real Estate Market Trends in North York

Estimated Rent

$ 3,331

Rental Yield

5.30%

School Score

8.4/10

Rental Score

5/5

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Rooms

Living Room (5.85 metre)
Living Room
Level: Main
Dining Room (6.05 metre)
Dining Room
Level: Main
Kitchen (2.65 metre)
Kitchen
Level: Main
Breakfast (2.65 metre)
Breakfast
Level: Main
Primary Bedroom (3.05 metre)
Primary Bedroom
Level: Main
Bedroom 2 (3.23 metre)
Bedroom 2
Level: Main
Den (2.6 metre)
Den
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,736

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,167
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 516 - 7 Bishop Avenue, North York

Introducing an exceptional opportunity to acquire a stunning apartment for sale in North York , located at 7 Bishop Avenue, North York. This rarely offered southwest corner unit boasts an impressive 1,235 square feet of living space, thoughtfully designed to cater to modern lifestyles. With two spacious bedrooms and an additional den that can easily be converted into a third bedroom or a home office, this property is ideal for families or professionals seeking a comfortable and versatile living environment.

Situated in the highly sought-after Earl Haig Secondary School District, which includes Cummer Valley Middle School and Finch Public School, this apartment for sale in North York is perfect for families prioritising education. The apartment is part of a well-maintained condo building, featuring a robust concrete exterior that ensures durability and a sense of security.

As you enter the apartment, you will be greeted by an upgraded kitchen that is truly a chef's delight. It is equipped with top-of-the-line stainless steel appliances, limestone flooring, and elegant granite countertops, all complemented by smooth ceilings that add a touch of sophistication. The kitchen is conveniently located on the main floor, making it accessible for both daily living and entertaining guests.

The living space includes a total of five rooms, ensuring ample room for relaxation and privacy. The two full washrooms have been tastefully upgraded with modern vanities, providing a touch of luxury to your daily routine. The apartment features upgraded hardwood floors throughout, enhancing the overall aesthetic and creating a warm, inviting atmosphere.

In addition to its impressive interior, this apartment for sale in North York offers practical amenities that enhance your living experience. Central air conditioning ensures comfort during the warmer months, while the forced air heating system keeps the space cosy in winter. Although there is no central vacuum system, the apartment is designed to be low-maintenance, allowing you to enjoy your home without the hassle of extensive upkeep.

One of the standout features of this property is the convenience of direct underground access to Finch Subway Station, making commuting a breeze. The location at 7 Bishop Avenue, North York, places you just steps away from the Viva, YRT, and GO terminals, providing excellent connectivity to the wider Toronto area. Additionally, you will find a variety of restaurants, shops, banks, and grocery stores within close proximity, ensuring that all your daily needs are easily met.

For those who enjoy an active lifestyle, the building offers a range of excellent amenities, including a 24-hour concierge service, an exercise room, and visitor parking. While there is no pool or fireplace within the unit, the building does feature an indoor pool and a squash/racquet court, providing opportunities for fitness and leisure right at your doorstep.

Parking is also a significant advantage of this apartment for sale in North York, with one designated underground garage space included, ensuring that you have a secure place for your vehicle.

In summary, this remarkable apartment for sale in North York at 7 Bishop Avenue, North York, presents an ideal living space for those seeking comfort, convenience, and a vibrant community. With its prime location, modern upgrades, and excellent amenities, this property is not to be missed. Whether you are looking for a family home or a stylish urban retreat, this apartment offers everything you need to enjoy life in Toronto. Don’t miss the chance to make this exceptional apartment your new home.

Newtonbrook East, nestled in the vibrant city of North York, offers a charming blend of suburban tranquillity and urban convenience. Characterised by its tree-lined streets and a mix of residential homes, this community boasts a diverse population and a welcoming atmosphere. Residents enjoy easy access to a variety of amenities, including parks, schools, and shopping centres, all within a short distance. The area is well-served by public transport, making commuting to downtown Toronto a breeze. With its rich cultural tapestry and a strong sense of community spirit, Newtonbrook East is an inviting place to call home for those seeking a balanced lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs for families. The closest option is McKee Public School, an English-language elementary school offering grades JK to 5, situated just 0.9 km away. R J Lang Elementary and Middle School, also a public institution, is 1.0 km from the property and serves grades JK to 8, boasting a commendable school rating of 5.3. For secondary education, Earl Haig Secondary School, located 1.5 km away, offers grades 9 to 12 and has an impressive rating of 8.8, making it an excellent choice for older students. Families interested in French-language education can consider Lester B Pearson Elementary School and Hodan Nalayeh Secondary School, located 2.5 km and 4.7 km away, respectively. Additionally, St. Antoine Daniel Catholic School and St. Joseph's Morrow Park Catholic Secondary School provide quality Catholic education within a short distance, with ratings of 6.4 and 8.1, respectively. With a variety of public and Catholic schools nearby, this property is an ideal location for families prioritizing education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 2,658 residents, with an average household size of two individuals. The demographic profile reveals an average age of 40.5 years, and a significant portion of the community, 23.1%, is classified as low-income. The average household income stands at $83,800, while the average property price is approximately $560,000. Notably, nearly half of the population, 49.07%, is single, and 36.49% of households include children, indicating a mix of family structures. The community is diverse, with 65.77% of residents being immigrants, contributing to a rich cultural tapestry. Renters make up 44.32% of the housing market, and the area is characterized by a 100% condo ownership, suggesting a preference for apartment living. Education levels are high, with 74.02% of residents holding a college or university degree, although 33.66% of the population is not in the labor force. This demographic snapshot highlights a vibrant, educated community with a blend of families and individuals, making it an attractive location for potential homebuyers and investors.

FAQs About 516 - 7 Bishop Avenue, North York

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in North York is 1200 - 1399.

How many parking spaces are available with this property?

7 Bishop Avenue boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 7 Bishop Avenue?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $1167.25.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 516 - 7 Bishop Avenue, North York

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Listing History

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