$475,000

For sale

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#609 5940 Yonge Street, Toronto (Newtonbrook West) - Single Family for Sale

#609 5940 Yonge Street, Toronto (Newtonbrook West), Ontario, M2M4M6

2 beds2 baths1 parking ft²

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1 bd1 ba550 ft²+$531/mo

Listed by RE/MAX CITY ACCORD REALTY INC.

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#2811 15 Greenview Avenue, Toronto (Newtonbrook West), Ontario, M2M4M7

2 bd2 ba1 pk850 ft²+$683/mo

Listed by PROMPTON REAL ESTATE SERVICES CORP.

#213 5879 Bathurst Street, Toronto (Newtonbrook West), Ontario, M2R1Y7

For saleJust listed

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#311 205 Hilda Avenue, Toronto (Newtonbrook West), Ontario, M2M4B1

For saleJust listed

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$525K

#311 205 Hilda Avenue, Toronto (Newtonbrook West), Ontario, M2M4B1

3 bd2 ba1 pk1,100 ft²+$670/mo

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Investment analysis

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$475,000

Toronto

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Description

Spacious 2 Split Bedroom, 2 Bath Unit Near Yonge & Finch! Featuring 9 Ft Ceilings, An Open Concept Living & Dining Area, Plus 1 Parking & 1 Locker. Bright And Functional Layout Ideal For Comfortable Urban Living. Located In The Heart Of North York With Exceptional Convenience Steps To Yonge & Finch Subway Station, TTC, Restaurants, Cafes, Grocery Stores, Shopping, Parks, And The North York Central Library. Easy Access To Hwy 401 Makes Commuting Simple. Vibrant, Family-Friendly Community With Excellent Amenities And Everyday Essentials Nearby! (id:66096)

Property Details

MLS®: C13166420
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,111/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,398/yr
Listed: 167 days ago

Market Timing

Days on market

167d

Toronto (Newtonbrook West) listings, avg age

56d

Price / ft²

$500

List price

$475K

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 $475,000, about 5.9× the local median household income of $81,000.

Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — roughly 15% 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)

$475,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,750

Min 5%50%

Mortgage payment$2,502/mo

↳ CMHC premium ($18,050 capitalized)

Property tax (est.)$200/mo

Condo fee$1,111/mo

Total monthly$3,813

Cash Needed to Close

Down payment (5%)$23,750

Land transfer tax$11,950

Est. closing costs$3,925

Total cash needed$39,625

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

#609 5940 Yonge Street, Toronto (Newtonbrook West) - Single Family for Sale

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Description

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Neighbourhood profile (M2M)

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