5940 Yonge 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 $487,500 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 900-999 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This spacious and bright 2-bed, 2-bath corner unit condo offers an exceptional layout with a windowed kitchen, open living and dining area, and plenty of natural light throughout. Enjoy the convenience of a heated driveway leading to the garage, with 2 parking spots and a private locker included. The primary bedroom features ample closet space and an ensuite bathroom, while the second bedroom is generously sized, perfect for family, guests, or a home office. Ideally situated just steps from Finch Subway Station, this home is close schools, parks, shops, and everyday amenities, making it an ideal choice for both families and professionals seeking comfort and convenience in one of North Yorks most desirable locations. Some images have been virtually staged to better demonstrate the property's potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5940 Yonge Street 513, Toronto C07, ON M2M 4M6
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 $487,500 in Toronto, the legal minimum down payment is $24,375 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 $6,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,225 also applies, bringing the total estimated land transfer taxes to $12,450.
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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.