5940 Yonge St. Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $595,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Live in the heart of North York! This charming condo features a functional split 2-bedroom floorplan and 2 full bathrooms, situated in a community with excellent connectivity to everywhere. Enjoy all the conveniences Yonge St. has to offer, including shops, restaurants, grocery stores, banks, and more, all within walking distance. Newtonbrook West is a vibrant hub of activity, featuring a bustling commercial area and convenient transportation options with Hwy 401,404, DVP and the Finch TTC subway station and bus stops right at your door. This highly walkable, accessible, and diverse neighbourhood provides essential amenities and easy access to downtown Toronto. The area boasts an abundance of parks, including the Finch Recreational Trail, with kilometers of paved pathways perfect for walking, running, or cycling. Eclectic eateries, upscale restaurants, and diverse entertainment options create a dynamic urban lifestyle. Whether you're a first-time buyer, downsizer, or investor, this is an opportunity you don't want to miss.
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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 5940 Yonge St. Street 607, Toronto C07, ON M2M 4M6
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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 $595,000 in Toronto, the legal minimum down payment is $34,500 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 $8,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,375 also applies, bringing the total estimated land transfer taxes to $16,750.
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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.