5949 Yonge Street, Unit 08, Toronto, ON
Property Highlights
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 $350,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Panoramic Penthouse View at 5949 Yonge St. (Sedona Place). Elevated living in the heart of Yonge & Finch. Near the NEW Steels Station. This top-floor suite offers a bright, functional space topped with an open balcony and sweeping panoramic views. No Board Approval needed. It is a co-ownership building, buyer buying a registered share of the entire building(your ownership is on title), along with the exclusive right to live in your unit, use your car park and locker room. Approx. 964 sq. ft. + 107 sq. ft. | 1 Parking | Outdoor: Open Balcony with Unobstructed Views | 2 Beds + Den | 1 Bath | 1 Locker Room on Basement. New underground parking coming in 2032. The monthly maintenance fee, $1565.19 includes building maintenance and common expenses, parking, utilities, and property taxes -> simplifying ownership with one steady payment. Why we love it: 1.Top-Floor Advantage: Rare penthouse-level positioning with no neighbors above and unmatched vistas. 2.Space to Grow: Two true bedrooms plus a versatile den-perfect for a home office or nursery with balcony walk-out. 3.All-In Ownership: Monthly maintenance covers utilities, parking, locker, building upkeep, and property taxes. 4.Seamless Transit: A 10-minute walk to Finch Station (TTC/GO/YRT) and steps from groceries and parks. Experience high-floor tranquility at a price point that makes sense. Financing is available through credit unions - ask us! We are helpful and can provide details.
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Property Summary
This condo apartment located at 5949 Yonge Street, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 3 beds, 1 bathroom, and is 900-999 square feet. 5949 Yonge Street, Toronto is in the Newtonbrook East neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Newtonbrook East, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •900-999 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5949 Yonge Street, Unit 08, Toronto, ON
Q.What is the asking price for 5949 Yonge Street, Unit 08, Toronto, ON ?
The current listing price for 5949 Yonge Street, Unit 08, Toronto, ON in Newtonbrook East, Toronto is $350,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 900-999 sqft.
Q.What property type and architectural style is 5949 Yonge Street, Unit 08, Toronto, ON ?
5949 Yonge Street, Unit 08, Toronto, ON is a Co-Ownership Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Wall Unit(s).
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Pricing & Value Insights
Data-driven valuation for 5949 Yonge Street 1608, Toronto, ON M2M 3V8
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About Purchasing a Home in Toronto, ON
For a property listed at $350,000 in Toronto, the legal minimum down payment is $17,500 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 $3,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,725 also applies, bringing the total estimated land transfer taxes to $7,450.
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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.