5949 Yonge Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment co-ownership apartment located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $288,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Location! Location! Location! with unbeatable price!! High-floor unit with a spacious and functional open-concept layout 681 sq. ft. interior + 89 sq. ft. balcony with unobstructed north view from every window. The den with French doors is perfect as a second bedroom or home office. A large balcony offers plenty of outdoor space for relaxing or entertaining. The unit features an updated kitchen with track lighting, open living/dining area, and generous storage. All utilities are included in the maintenance fee! Located steps from public transit, shopping, and the future projected Cummer subway station, this property offers excellent value for investors, downsizers, or condo dwellers seeking more space at a reasonable price. Well- managed building with a healthy reserve fund. Estoppel Certificate will be ready upon request.
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Interior Features
Carpet Free
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5949 Yonge Street 1504, Toronto C14, ON M2M 3V8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $288,800 in Toronto, the legal minimum down payment is $14,440 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,807 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,807 also applies, bringing the total estimated land transfer taxes to $5,614.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
