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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $499,000 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.
Place Nouveau! Exceptional Opportunity in the Heart of North York - Location, Luxury & Lifestyle. Welcome to this sun-filled, south-facing penthouse corner suite, offering generous living space, a functional layout, and incredible potential in one of North York's most dynamic communities. This thoughtfully designed residence features two spacious bedrooms, two full bathrooms, and a bright den-perfect for a home office or creative retreat. Expansive south-facing windows bathe the suite in natural light, while two walk-outs lead to a private balcony overlooking the serene courtyard. The open-concept living and dining areas provide an ideal setting for both everyday living and effortless entertaining.. While much of the suite retains its original character, the kitchen has been tastefully updated with contemporary finishes including granite countertops and built-in wine rack. The well-planned layout maximizes both space and light, creating a warm and inviting atmosphere. A dedicated laundry room and thoughtfully living areas add to the suite's comfort and functionality. Bonus: Includes **two parking spaces-one owned and one exclusive use** and an oversized locker. Residents enjoy access to outstanding amenities, including 24-hour gated security, an indoor pool, hot tub, sauna, squash court, fully equipped gym, party room, and ample visitor parking. Maintenance fees include all utilities except hydro. Ideally located just steps from Finch Subway Station, GO and VIVA transit, with quick access to Highway 401, top-rated schools, shopping, dining, and parks-and only 20 minutes to downtown Toronto. A rare opportunity to own a spacious penthouse with endless potential in vibrant North York. Note: Some photos have been chatgpt virtually staged.
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Data-driven valuation for 5785 Yonge Street PH404, Toronto C14, ON M2M 4J2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $499,000 in Toronto, the legal minimum down payment is $24,950 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 $6,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,455 also applies, bringing the total estimated land transfer taxes to $12,910.
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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.