I seek advice for a $700 CAD build

Solution
Somewhat lower performance than my earlier build, but still better than what you're planning:

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Core i5-2400 3.1GHz Quad-Core Processor ($189.99 @ Memory Express)
Motherboard: Asus P8H61-M LX PLUS R2.0 Micro ATX LGA1155 Motherboard ($69.99 @ Memory Express)
Memory: Patriot Viper 3 8GB (2 x 4GB) DDR3-1600 Memory ($39.99 @ Memory Express)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($79.99 @ Memory Express)
Video Card: MSI Radeon HD 7850 2GB Video Card ($204.99 @ Memory Express)
Case: Antec Three Hundred ATX Mid...

lighter17

Honorable
Aug 14, 2012
209
0
10,710
This would perform much better than your build:

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Core i5-3350P 3.1GHz Quad-Core Processor ($177.36 @ NCIX)
Motherboard: MSI H77MA-G43 Micro ATX LGA1155 Motherboard ($79.99 @ Canada Computers)
Memory: G.Skill Ripjaws X Series 8GB (2 x 4GB) DDR3-1600 Memory ($34.99 @ NCIX)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($74.47 @ DirectCanada)
Video Card: Asus Radeon HD 7870 2GB Video Card ($217.66 @ DirectCanada)
Case: Antec Three Hundred ATX Mid Tower Case ($34.99 @ Memory Express)
Power Supply: XFX 550W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply ($49.99 @ NCIX)
Optical Drive: LG GH24NS90 DVD/CD Writer ($18.99 @ Canada Computers)
Total: $688.44
(Prices include shipping, taxes, and discounts when available.)
 
Aug 13, 2012
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11,460
Okay so I did a little thinking. I don't play very graphic demanding games, my library is stuff like Need for Speed, Skyrim, League of Legends, SC 2, etc. So I think I will stick with a 7770. For the HDD, compared to a WD Black how much performance difference would I see if I chose a Seagate Barracuda or WD Blue.
 
Aug 13, 2012
1,349
0
11,460
Thanks and for my previous post I forgot to mention I will be going with the i5, so now that it's covered, I also decided to go with the ASUS mobo. And yes I meant Canadian dollars, perhaps I shall explain CAD= canadian dollars in my future posts. I appreciate your answer and everyone's answers so far. I will leave this up for a couple more hours for people to chip in. ;)
 

lighter17

Honorable
Aug 14, 2012
209
0
10,710
Somewhat lower performance than my earlier build, but still better than what you're planning:

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Core i5-2400 3.1GHz Quad-Core Processor ($189.99 @ Memory Express)
Motherboard: Asus P8H61-M LX PLUS R2.0 Micro ATX LGA1155 Motherboard ($69.99 @ Memory Express)
Memory: Patriot Viper 3 8GB (2 x 4GB) DDR3-1600 Memory ($39.99 @ Memory Express)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($79.99 @ Memory Express)
Video Card: MSI Radeon HD 7850 2GB Video Card ($204.99 @ Memory Express)
Case: Antec Three Hundred ATX Mid Tower Case ($34.99 @ Memory Express)
Power Supply: Corsair Builder 500W 80 PLUS Certified ATX12V Power Supply ($59.99 @ Memory Express)
Optical Drive: Samsung SH-222BB/BEBE DVD/CD Writer ($19.99 @ Memory Express)
Total: $699.92
(Prices include shipping, taxes, and discounts when available.)
 
Solution
Aug 13, 2012
1,349
0
11,460
I seriously don't know who to pick for best answer. looniam, thanks for helping choose a i5 and a great motherboard. lighter17, thanks for the parts, they were exactly what I had chosen except for that case (out of stock). Yes I would go for that 7850 but I cannot fit it in my budget. Really thank you everyone that contributed. I will be buying this tomorrow. You guys are so awesome I have to say it again, THANK YOU PEOPLE!! <3 =) ;)
 
Aug 13, 2012
1,349
0
11,460
Al right in case you guys are wondering what I chose, I'll tell you. Do to some availability issues in my area I have gotten:

Fractal Design Core 3000(I love it too much)
ASUS P8B75-M/CSM
i5-3330
Kingston Hyper X 8gb(2x4gb) 1600mhz(sale)
Seagate 1TB/64MB cache SATA III(sale)
ASUS burner
XFX 6870, I also saw the 560 Ti for around $150, yes $150. But it was out of stock
and lastly the Silverstone Strider Essentials 500w psu