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    Toronto / North York / Newtonbrook

    505 - 5949 Yonge St

    For Sale5940 Yonge
    $425,000
    2 Beds
    1 Bath
    1 Parking
    1,005 SQFT
    258 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,484/mth
    Taxes:
    $1,479 (2023)
    Cost Per Sqft:
    $423/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    September 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Window Unit
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Living
    Walkout To Balcony, Crown Moulding, Laminate
    20.24 x 13.85ft
    Dining
    Combined with Living, Crown Moulding, Laminate
    20.24 x 13.85ft
    Kitchen
    Granite Counter, Double Sink, Ceramic Floor
    11.84 x 7.91ft

    About this Listing

    Great Location On Yonge Street; 2Bed+Den Corner Co-Ownership Suite 1005 Sf + Large 107 Sf Balcony Facing West; TTC&YRT, Steps To Subway, Schools, Park, Shopping, Banks; Video Security; Visitor Parking; Upgraded Kitchen W/Granite Counter-Top; Monthly Fees: $1,484.36 includes Condo Fee, Heat, Parking, Water, Hydro and Taxes. 30% Down Payment Reqd Depending On Lender; Buyer To Check Measurements ***Largest Unit On Floor.

    ExtrasStove, SS Range-Hood, Fridge, Microwave, SS Double-Sink; Combo Washer/Dryer; B/l Dishwasher; Crown Moulding, All Elfs. Well Maintained Building With A Future Underground Deeded Parking

    housesigma inc.MLS® #C8130478

    Amenities

    Party Room
    Security System
    Visitor Parking
    Concierge

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,570
    Average Individual Income
    $67,675
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $115,798
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    51%
    Semi Detached
    20%
    Low Rise Apartment
    12%
    High Rise Apartment
    7%
    Duplex
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Cantonese
    17%
    Mandarin
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    20%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    5940 Yonge vs The Newtonbrook Area

    Building Trends At 5940 Yonge

    Days on Strata

    Units at 5940 Yonge spend an average of
    133
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    14.5
    YEARS before being sold again

    Property Value

    -29%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 41 condos in the Newtonbrook area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    5940 Yonge offers the
    ?
    N/A
    best value out of 41 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    5940 Yonge has the
    ?
    N/A
    highest ROI out of 41 condos in the Newtonbrook neighbourhood

    Rental Yield

    5940 Yonge yields the
    ?
    N/A
    highest rent prices out of 41 condos in the Newtonbrook neighbourhood

    High Demand

    5940 Yonge is the
    ?
    N/A
    most popular building out of 41 condos in the Newtonbrook neighbourhood

    Transaction Insights at 5949 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$290,000No DataNo Data$436,500
    Avg. Cost Per SqftNo Data$487No DataNo Data$425
    Avg. Wait for Unit AvailabilityNo Data822 Days103 DaysNo DataNo Data
    Ratio of Units in Building4%25%38%7%29%

    Transactions vs Inventory

    Total number of units listed and sold in Newtonbrook