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    Toronto / North York / Newtonbrook

    512 - 5940 Yonge St

    For Sale5940 Yonge Condos
    $499,900
    1 Bed
    1 Bath
    1 Parking
    500 - 599 SQFT
    4 Days on Strata
    Est Sell Timeframe
    17 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $638/mth
    Taxes:
    $1,674 (2024)
    Cost Per Sqft:
    $835 - $1,000/sqft
    Locker:
    Owned
    Outdoor Space:
    Enclosed/Solarium
    Exposure:
    South West
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Why pay rent when you can invest in owning your own condo!Spacious 1 bedroom suite with parking and locker included*plenty of closet space*ensuite laundry*freshly renovated*open concept kitchen w/breakfast bar*large windows*10 minute walk to the transit hub at Yonge & Finch or jump on the bus at your doorstep*Whatever direction you are heading this location has you covered: TTC/Finch Subway-York Regional Transit-Go Bus Terminal *Enjoy all of the conveniences that Yonge St. has to offer*shops, restaurants, groceries, drug stores,banks and more!*Explore this desirable North York neighborhood including the abundance of parks and the Finch Recreational Trail with its kilometers of paved pathway perfect for walking, running and cycling*As a 1st time buyer or as an investor, this is the opportunity that you have been waiting for!*

    sutton group-admiral realty inc.MLS® #C11943655

    Amenities

    Party Room
    Security System
    Bike Storage
    Concierge
    Visitor Parking
    Indoor Parking

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,570
    Average Individual Income
    $67,675
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $115,798
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    51%
    Semi Detached
    20%
    Low Rise Apartment
    12%
    High Rise Apartment
    7%
    Duplex
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Cantonese
    17%
    Mandarin
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    20%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    5940 Yonge Condos vs The Newtonbrook Area

    Building Trends At 5940 Yonge Condos

    Days on Strata

    Units at 5940 Yonge Condos spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 51 condos in the Newtonbrook area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    5940 Yonge Condos offers the
    ?
    best value out of 51 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    5940 Yonge Condos has the
    ?
    highest ROI out of 51 condos in the Newtonbrook neighbourhood

    Rental Yield

    5940 Yonge Condos yields the
    ?
    highest rent prices out of 51 condos in the Newtonbrook neighbourhood

    High Demand

    5940 Yonge Condos is the
    ?
    most popular building out of 51 condos in the Newtonbrook neighbourhood

    Transaction Insights at 5940 Yonge Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$475,000No Data$535,000 - $597,000No Data
    Avg. Cost Per Sqft$879No Data$676No Data
    Avg. Wait for Unit Availability288 Days277 Days142 Days73 Days
    Ratio of Units in Building34%11%52%5%

    Transactions vs Inventory

    Total number of units listed and sold in Newtonbrook