5949 Yonge Street, Toronto, ON
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 $379,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Panoramic Penthouse View at 5949 Yonge St. (Sedona Place). Elevated living in the heart of Yonge & Finch. Near the NEW Steels Station. This top-floor suite offers a bright, functional space topped with an open balcony and sweeping panoramic views. No Board Approval needed. It is a co-ownership building, buyer buying a registered share of the entire building(your ownership is on title), along with the exclusive right to live in your unit, use your car park and locker room. Approx. 964 sq. ft. + 107 sq. ft. | 1 Parking | Outdoor: Open Balcony with Unobstructed Views | 2 Beds + Den | 1 Bath | 1 Locker Room on Basement. New underground parking coming in 2032. The monthly maintenance fee, $1565.19 includes building maintenance and common expenses, parking, utilities, and property taxes -> simplifying ownership with one steady payment. Why we love it: 1.Top-Floor Advantage: Rare penthouse-level positioning with no neighbors above and unmatched vistas. 2.Space to Grow: Two true bedrooms plus a versatile den-perfect for a home office or nursery with balcony walk-out. 3.All-In Ownership: Monthly maintenance covers utilities, parking, locker, building upkeep, and property taxes. 4.Seamless Transit: A 10-minute walk to Finch Station (TTC/GO/YRT) and steps from groceries and parks. Experience high-floor tranquility at a price point that makes sense. Financing is available through credit unions - ask us! We are helpful and can provide details.
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Pricing & Value Insights
Data-driven valuation for 5949 Yonge Street 1608, 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 $379,000 in Toronto, the legal minimum down payment is $18,950 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 $4,160 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,160 also applies, bringing the total estimated land transfer taxes to $8,320.
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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.
