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 $345,000 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.
Stunning top-floor renovation meets unbeatable value. Welcome to Suite 1508 at Sedona Place, a beautifully reimagined 2-bedroom, 1-bath co-ownership that is ready for you to move in. The best part? Unlike condos, the maintenance fees cover all utilities and property taxes - one simple monthly payment, perfect for those looking to remain in budget. Featuring a sleek, designer kitchen, fully renovated bathroom, brand-new flooring throughout, an ensuite washer/dryer combo, and fresh modern finishes that set it apart from anything else in the building. Flooded with natural light and unobstructed views, this suite is truly one of a kind at its price point. Parking included. Explore the incredible variety of dining and shopping along Yonge Street right at your doorstep. On weekends, take a short stroll to Hendon Park beloved by locals for its tennis courts, splash pad, and open green space or enjoy the peaceful trails of Newtonbrook Creek, a hidden natural gem that winds through the ravine. Steps to TTC/YRT, 7-min walk to Finch Subway Station, GO Train across the street, and minutes to top-rated schools, shops, and dining. No board approval required. This is North York living at its absolute best value. ** Maintenance fee includes property taxes. There's a coin laundry in the basement( common for the building)
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Data-driven valuation for 5949 Yonge Street 1508, Toronto C14, ON M2M 3V8
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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 $345,000 in Toronto, the legal minimum down payment is $17,250 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 $3,650 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,650 also applies, bringing the total estimated land transfer taxes to $7,300.
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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.