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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 5 days ago

    116 Seventh Street

    New Toronto·Toronto, ON·M8V 3B4·Near Lakeshore Blvd W & Seventh St

    • 3 beds
    Toronto real estate›W13539592
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Great Opportunity To Live By The Lake! Enjoy Life, Indoors & Out. In This Stylish & Tastefully Updated 3 Bedroom Sweet Family Home! Well-Loved & Move-In Ready! Sep Entrance Basement and Kitchen. Walk To Waterfront Trails W/ Shops, Restos & Streetcar For Easy Access To Downtown. This Incredible Home & Neighbourhood Has It All. Incredible Value W/ So Much Potential! Don't Miss Out On This Opportunity!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Great Opportunity To Live By The Lake!
    • Enjoy Life, Indoors & Out.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 8, 2026ListedCurrentFor sale$1,350,000 —W13539592This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 116 Seventh Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Lake/Pond
    • Park
    • Public Transit
    • School
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,632
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $364
    0.32% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,093,151
      Last 30 days
    • Median sold price
      $861,167
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      6,997
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 116 Seventh Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 116 Seventh Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 116 Seventh Street listed for?

      116 Seventh Street is listed at $1,350,000 on the MLS® (listing W13539592). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 116 Seventh Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 3 baths
  2. 1100-1500 sqft
  3. Detached
  4. Asking
    $1,350,000
    $0 / sqft · MLS® W13539592
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,093,151
    $1,005,699Confidence range$1,180,603
    Asking vs estimate
    ↑↑well-above
    +$256,849
    (+23.5%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 29 days — this one has been listed 5 days.

    Avg sold price
    $1,093,151
    Median sold
    $861,167
    Avg days on market
    29
    Recently sold
    6997
    See comparable sales
  6. In This Stylish & Tastefully Updated 3 Bedroom Sweet Family Home!
  7. Sep Entrance Basement and Kitchen.
  8. Ask Zara a follow-up
    Sewer
  9. Parking & garage

    3
    Garage
    None
    Parking spaces
    3
    Driveway
    Mutual
  10. Interior

    4
    Basement
    Finished, Separate Entrance
    Family room
    N
    Kitchens
    1
    Total rooms
    7
  11. Exterior & construction

    4
    Exterior
    Stucco (Plaster)
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Pool
    None
  12. Listing & possession

    3
    Occupancy
    TBA
    Property style
    1 1/2 Storey
    Property class
    Detached
  13. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Bedroom
      hardwood floor · closet
      11.4 × 10.5 ft
    • Kitchen
      granite counters · stainless steel appl · pot lights
      10.5 × 9.3 ft
    • Den
      hardwood floor · picture window · pot lights
      12.5 × 8.4 ft
    • Dining Room
      hardwood floor · pot lights · combined w/living
      26.5 × 11.5 ft
    • Living Room
      hardwood floor · pot lights · combined w/dining
      26.5 × 11.5 ft

    Second level

    2 rooms
    • Bedroom 3
      hardwood floor · double closet
      14.4 × 7.7 ft
    • Bedroom 2
      hardwood floor · double closet
      13.0 × 10.2 ft

    Basement level

    5 rooms
    • Kitchen
      granite counters · stainless steel appl · ceramic backsplash
      12.0 × 10.8 ft
    • Bedroom
      Laminate
      12.3 × 9.4 ft
    • Bedroom
      Laminate
      10.8 × 9.7 ft
    • Living Room
      pot lights · combined w/dining
      15.6 × 10.8 ft
    • Dining Room
      pot lights · combined w/living
      15.6 × 10.8 ft
    Combined estimate
    $6,996
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,632
    /mo
    based on the purchase price of $1,350,000
    $270,000 cash
    $1,080,000 financed
    $909,643 total interest
    Monthly payment$6,632/ month
    Principal54%$1,080,000
    Interest46%$909,643

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 29 Genthorn Avenue
      Sold
      Sign in for price
      29 Genthorn Avenue
      Detached
    • 2 McGrath Court
      Sold
      Sign in for price
      2 McGrath Court
      Detached
    • 8 Dunmail Drive
      Sold
      Sign in for price
      8 Dunmail Drive
      Detached
    • 8 Fargo Avenue
      Sold
      Sign in for price
      8 Fargo Avenue
      Detached
    • 266 Queensdale Avenue
      Sold
      Sign in for price
      266 Queensdale Avenue
      Detached
    • 30 Grasspoint Crescent
      Sold
      Sign in for price
      30 Grasspoint Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    116 Seventh StreetThis home3 / 311,001,500$1,350,000ask———
    29 Genthorn Avenue3 / 2700—
    2 McGrath Court4 / 32,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Toronto

    Active listings within ±20% of this asking price.

    • 468 Glen Park Avenue
      $1,178,000
      468 Glen Park Avenue
      Detached 2 2
    • 159 Church Street
      $1,168,000
      159 Church Street
      Detached 3 3
    • 9 Downing Street
      $1,399,000
      9 Downing Street
      Detached 2 1
    • 158 Waverley Road
      $1,474,900
      158 Waverley Road
      Detached 3 3
    • 33 Lysander Court
      $1,099,999
      33 Lysander Court
      Detached 4 3
    • 71 Anndale Drive
      $1,109,000
      71 Anndale Drive
      Detached 3 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of KW Living Realty · displayed on Summitly per MLS® data-share rules

    116 Seventh Street is a 3-bedroom, 3-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 116 Seventh Street built?

    The year built for 116 Seventh Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for 116 Seventh Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 116 Seventh Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 116 Seventh Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,350,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 116 Seventh Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 116 Seventh Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 116 Seventh Street in?

    116 Seventh Street is in New Toronto, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  23. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  24. 8 Dunmail Drive
    4 / 4
    2,000
    —
    8 Fargo Avenue3 / 31,500—
    266 Queensdale Avenue3 / 21,500—
    30 Grasspoint Crescent3 / 22,000—