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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 $388,000 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.
Rarely offered Sedona place! Offering location, space and value! Amazing opportunity to own in north York! 964 sq. Ft. Plus 107 sq. Ft. Balcony. Includes Locker & parking. Renovation just completed. New flooring throughout, new bathroom, new lighting, freshly painted. Large principal rooms, balcony. Hurry this one won't last! GREAT CONVENIENT LOCATION...STEPS TO TTC, SUBWAY, GO-TRAIN, SCHOOLS, PARKS, SHOPPING, MEDICAL BLDGS, RESTAURANTS & MORE! BEST PRICE FOR UNIT SIZE ON YONGE CORRIDOR. MUST SEE! ***NOTE: Total Monthly Maint. Fee Total for 2024 $1426 is for maint.+taxes
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Data-driven valuation for 5949 Yonge Street 808, 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 $388,000 in Toronto, the legal minimum down payment is $19,400 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 $4,295 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,295 also applies, bringing the total estimated land transfer taxes to $8,590.
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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.