$529,900

For sale

#307 5791 Yonge Street, Toronto (Newtonbrook East) - Single Family for Sale

#307 5791 Yonge Street, Toronto (Newtonbrook East), Ontario, M2M0A8

2 beds1 bath1 parking750 ft²$766/mo condo feeListed 34 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $529,900, it is attractively priced about 5% below the $560,000 median asking price in Toronto. It has been on the market 34 days, fresher than the Toronto average of 67 days.

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Description

The Luxe by Menkes in the heart of North York. Urban living at its best. Lovely unit with a practical layout featuring 2 split bedrooms, a large balcony, a modern kitchen with a breakfast bar and newer laminate flooring. One underground parking is included and just across the elevator. This well maintained building boasts great facilities including 24-hr concierge, indoor pool, sauna, gym, theatre, games room, party room, guest suite and visitor parking conveniently located right next to a TTC direct access, Finch subway station, YRT, Viva and Go Bus terminals, surrounded by shops, restaurants, trendy cafes, supermarkets and just newly opened huge H Mart, endless entertainment options and just minutes to major highways. (id:66096)

Property Details

MLS®: C13857768
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $766/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,754.65/yr
Listed: 34 days ago

Rooms

Flat

Living room: 3.05 x 2.83 meters
Dining room: 3.05 x 2.83 meters
Kitchen: 2.32 x 2.32 meters
Primary Bedroom: 3.96 x 2.74 meters
Bedroom 2: 3.96 x 2.44 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate, Carpeted, Porcelain Tile
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$707

List price

$530K

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) has been listed for 34 days, which is 33 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · LORRAINE CHAN ALLAYE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $529,900, about 6.5× the local median household income of $81,000.

Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$529,900· $707/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $27,990

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,076 capitalized)

Property tax (est.)$230/mo

Condo fee$766/mo

Total monthly$3,778

Cash Needed to Close

Down payment (5.28%)$27,990

Land transfer tax$14,146

Est. closing costs$4,090

Total cash needed$46,226

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