Is this PC build good for 1080p Gaming?

Hi, I'd like to use the PC for games like GTA V, Arma III, and AAA games in general. I'd also like to achieve above 60 fps (75-80 is ideal) at ultra/high settings at 1080p. My budget is around $1100-1300 CAD (Canadian $) which is about $1000 USD. I'm willing to spend a bit more (around $100) for better performance only if it will make a huge difference (SSD is an option but I don't care that much about loading times). As mentioned before, the PC will only be used for gaming, nothing else, no productivity so I think around 1TB-2TB of storage will fit my needs and I went with a Ryzen 5 1400 because for the price range I think it is a good deal (includes cpu cooler) or should I go with an Intel processor, if so, which one? I've heard about the Coffee Lake ones but the motherboards are expensive! In addition, I'm slightly stuck on which GPU to buy, a GTX 1060 6GB or RX 580 8GB? I've seen some benchmarks and they are similar in performance, with the RX 580 being more "future proof." I plan on using the PC for 2-3 years. Also, I have no experience with overclocking, I wont mess around with that too much, however, I will probably end up overclocking but only a little bit. Please take a look at the monitor as well, if it is good for the price then let me know. Lastly, I don't care about the looks of the PC, only about performance. Please note that this is my first build so if you do recommend a different or additional component, I'd like to know why.
COMPONENTS: https://ca.pcpartpicker.com/list/3YGqCy
Thank you!
Reply to zeroghz
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More about build good 1080p gaming
  1. Cut on peripherals, 1060 6gb and rx 580 are all good. SSD is crucial for speed, this psu is better quality, faster ram, good ips 75 hz monitor,

    PCPartPicker part list / Price breakdown by merchant

    CPU: AMD - Ryzen 3 1200 3.1GHz Quad-Core Processor ($130.94 @ shopRBC)
    Motherboard: MSI - B350 TOMAHAWK ATX AM4 Motherboard ($122.99 @ Amazon Canada)
    Memory: G.Skill - Ripjaws V Series 8GB (2 x 4GB) DDR4-3200 Memory ($109.99 @ Newegg Canada)
    Storage: Kingston - SSDNow UV400 240GB 2.5" Solid State Drive ($99.99 @ Memory Express)
    Storage: Western Digital - Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($54.95 @ Vuugo)
    Video Card: Gigabyte - GeForce GTX 1060 6GB 6GB G1 Gaming Video Card ($350.00)
    Case: Fractal Design - Focus G (Black) ATX Mid Tower Case ($64.99 @ Newegg Canada)
    Power Supply: SeaSonic - 520W 80+ Bronze Certified Fully-Modular ATX Power Supply ($74.99 @ Newegg Canada)
    Operating System: Microsoft - Windows 10 Home OEM 64-bit ($114.25 @ Vuugo)
    Monitor: LG - 24MP59G-P 23.8" 1920x1080 75Hz Monitor ($174.99 @ Memory Express)
    Keyboard: Cooler Master - Devastator II Wired Gaming Keyboard w/Optical Mouse ($33.99 @ Newegg Canada)
    Total: $1332.07
    Prices include shipping, taxes, and discounts when available
    Generated by PCPartPicker 2017-10-06 00:54 EDT-0400
    Reply to vapour
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