5949 Yonge Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment co-ownership apartment located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $298,800 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 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient surface configuration
- Notable attributes: None
- equipped with window unit(s) central cooling and highly efficient baseboard heating via electric
Description
WOW! What An Amazing Opportunity! Very Spacious 1 Bedroom Plus A Den, Which Can Be Used As A Second Bedroom. 681 Sq Ft plus 89 Sq Ft balcony!!!This Beautifully Updated Property Offers Stunning Views From The Balcony And Is Close To All Amenities. Featuring New Floors, Fresh Paint, Updated Washroom And No Carpet. This Home Is Move-in Ready. The Price Cannot Be Beaten This Is A Must-See! MAINTENANCE INCLUDES All Utilities, Property Tax And Parking!!! Co-Ownership Unit! Mortgage Can Be Arranged though Credit Unions
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5949 Yonge Street 803, Toronto C14, ON M2M 3V8
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 $298,800 in Toronto, the legal minimum down payment is $14,940 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 $2,957 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,957 also applies, bringing the total estimated land transfer taxes to $5,914.
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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.
