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Listed 8 days ago

201 - 5940 Yonge Street

Newtonbrook West, Toronto

$425,000

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Unparalleled value in North York! This bright and incredibly spacious 2-bedroom plus den suite offers a rare opportunity to own a massive footprint at under $500 per square foot, underground parking and locker are also included.This well-designed split-bedroom layout features two large bedrooms with big windows, allowing for plenty of natural light. The open-concept kitchen offers ample counter and cabinet space with a granite countertop breakfast bar, seamlessly flowing into the living/dining area with large windows allowing for endless sunlight. The primary bedroom includes a walk-in closet and a 4-piece ensuite bathroom. The good-sized den can be used as office space or a luxurious dining area. Enjoy ultimate connectivity with the TTC at your doorstep and just a 10-minute walk to Finch Subway Station, YRT, and the GO Bus Terminal. Surrounded by everything Yonge Street has to offer: shops, restaurants, grocery stores, banks, gyms, and more. Within walking distance to No Frills, the community centre, parks, and the trail, perfect for walking, running, and cycling. Includes one parking space and one locker. A perfect place to call home where comfort, convenience, and location come together.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$1,018
LockerOwned
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,164
mls© NumberC13660960
Listed ByROYAL LEPAGE URBAN REALTY
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,175
Property tax
$180
Heat allowance
$150
Condo fees, half counted
$509
Housing costs
$3,015 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,000
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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