$299,000

For sale

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#505 5949 Yonge Street, Toronto (Newtonbrook East) - Single Family for Sale

#505 5949 Yonge Street, Toronto (Newtonbrook East), Ontario, M2M3V8

2 beds1 bath1 parking ft²

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Listed by HOMELIFE LANDMARK REALTY INC.

#1805 1 Pemberton Avenue, Toronto (Newtonbrook East), Ontario, M2M4L9

For saleJust listed

5 days ago

$449K

#1805 1 Pemberton Avenue, Toronto (Newtonbrook East), Ontario, M2M4L9

1 bd1 ba1 pk550 ft²+$619/mo

Listed by ROYAL LEPAGE TERREQUITY PLATINUM REALTY

#1105 5949 Yonge Street, Toronto (Newtonbrook East), Ontario, M2M3V8

For saleJust listed

5 days ago

$260K

#1105 5949 Yonge Street, Toronto (Newtonbrook East), Ontario, M2M3V8

3 bd1 ba1 pk1,100 ft²+$1628/mo

Listed by RE/MAX HALLMARK REALTY LTD.

#502 1 Pemberton Avenue, Toronto (Newtonbrook East), Ontario, M2M4L9

For sale

8 days ago

$489K

#502 1 Pemberton Avenue, Toronto (Newtonbrook East), Ontario, M2M4L9

2 bd1 ba1 pk750 ft²+$771/mo

Listed by BOSLEY REAL ESTATE LTD.

Investment analysis

Rental cashflow calculator

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$299,000

Toronto

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Description

Great Location On Yonge Street; 2Bed+Den Corner Co-Ownership Suite. 1005 Sf + Large 107 Sf Balcony Facing West; TTC & YRT, Steps To Subway, Schools, Park, Shopping, Banks; Video Security; Upgraded Kitchen W/Granite Counter-Top; Monthly Fees: $1,532.59 includes Condo Fee, Heat, Water, Hydro and Taxes. 30% Down Payment Required Depending On Lender; Buyer To Check Measurements *** Largest Unit On Floor. (id:66096)

Property Details

MLS®: C13702778
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $1,380/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Freehold
Property Tax: $1,825.34/yr
Listed: 75 days ago

Market Timing

Days on market

75d

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$272

List price

$299K

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.

Area context

Neighbourhood profile (M2M)

This home lists at $299,000, about 3.7× the local median household income of $81,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$299,000· $272/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$152/mo

Condo fee$1,380/mo

Total monthly$3,107

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$5,920

Est. closing costs$3,397

Total cash needed$24,267

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#505 5949 Yonge Street, Toronto (Newtonbrook East) - Single Family for Sale

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Description

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Neighbourhood profile (M2M)

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