$560,000

For sale

#1909 5791 Yonge Street, Toronto (Newtonbrook East) - Single Family for Sale

#1909 5791 Yonge Street, Toronto (Newtonbrook East), Ontario, M2M3T9

2 beds2 baths1 parking850 ft²$877/mo condo feeListed 101 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $560,000 asking price sits right in line with the $560,000 median in Toronto.

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Description

Welcome to The Luxe by Menkes, ideally located in the heart of North York at Yonge & Finch! This bright and spacious 2-bedroom, 2-bathroom suite features a functional open-concept layout, desirable east exposure, and an extra-large balcony perfect for enjoying your morning sunshine.Enjoy an impressive selection of building amenities, including 24-hour concierge, indoor swimming pool, sauna, fitness centre, theatre, recreation rooms, and visitor parking.Unbeatable location just steps to Finch Subway Station, TTC, restaurants, shopping, parks, and everyday conveniences. Includes 1 parking space and 2 lockers.An excellent investment opportunity! Property is currently tenanted and the buyer must assume the existing tenancy. (id:66096)

Property Details

MLS®: C13611310
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $877/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,084.22/yr
Listed: 101 days ago

Rooms

Ground level

Living room
Dining room
Kitchen
Primary Bedroom
Bedroom 2

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Hardwood, Ceramic
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

101d

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$659

List price

$560K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Newtonbrook East) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HC REALTY GROUP INC. · SHERRY SUN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $560,000, about 6.9× the local median household income of $81,000.

Carrying it typically needs a household income of about $109,388 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$560,000· $659/ft²

For sale

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Full Cost Breakdown

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Down Payment5.54% · $31,000

Min 5.54%50%

Mortgage payment$2,933/mo

↳ CMHC premium ($21,160 capitalized)

Property tax (est.)$257/mo

Condo fee$877/mo

Total monthly$4,067

Cash Needed to Close

Down payment (5.54%)$31,000

Land transfer tax$15,350

Est. closing costs$4,180

Total cash needed$50,530

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