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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 $358,888 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.
Own more home for less at 5949 Yonge St #601-a quiet, well-kept co-ownership suite offering ~974 sq ft of real space plus a sunny south-facing balcony in a connected North York location. This renovated suite blends comfort and practicality: espresso-hued parquet floors, crown moulding, an updated kitchen and bath, in-suite washer/dryer combo, and a den that works beautifully as a home office or nursery with walk-out to the balcony. The layout is generous and functional, with two true bedrooms, a spacious living/dining area, and a primary bedroom featuring a walk-in closet. The monthly maintenance fee includes building and parking maintenance, utilities, and property taxes-simplifying ownership with one steady payment. Financing is available to qualified buyers through local credit unions familiar with this structure, and the board maintains a list of vetted lenders to make the process seamless. The building itself is quiet, well-managed, and home to residents who value stability, community and calm. From here, it's a 10-minute walk to Finch Station (TTC/GO/YRT), a 5-minute walk to groceries, and close to well-regarded schools, parks, and daily conveniences. 5949 Yonge St#601 delivers size, upgrades, and location-at a price point that makes ownership feel refreshingly attainable.
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Library, Public Transit, Rec./Commun.Centre, Clear View, Park, Place Of Worship
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Data-driven valuation for 5949 Yonge Street 601, Toronto C14, ON M2M 3V8
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 $358,888 in Toronto, the legal minimum down payment is $17,944 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 $3,858 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,858 also applies, bringing the total estimated land transfer taxes to $7,717.
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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.