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              #305 5740 Yonge Street

              near Yonge And Finch
              $549,900 1+1bdr • 1ba • 1kit • 500-599sf
              Average Income
              $39,584
              Population Age
              39 y/old
              School Score
              7.25/10
              Price Index Change 1y
              +24.13%
              Price Index Change 3y
              -1.85%
              Rent Index Change 1y
              -2.23%
              Rent Index Change 3y
              +18.67%

              Condo Apt • Apartment #305 • 3 Level

              #305 5740 Yonge Street, Newtonbrook West, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 500-599
              • garage 1.0 Undergrnd
              • exposure Nw
              • age n/a
              • locker None
              • possession

                Immediate

              $549,900

              $1,905.24
              Tax yr: 2020

              $509.30/m

              CALCULATED NUMBERS:

              $2063.00

              calculator

              $1925

              3

              78 Very Walkable

              99 Rider's Paradise

              59 Bikeable

              7.25/10

              Location Details
              • Toronto

              • Toronto

              • Newtonbrook West

              • Yonge And Finch

              • M2M0B1

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RE/MAX REALTY ONE INC., BROKERAGE

              Property Overview
              Upgraded Freshly Painted Walk To Finch Subway,1 Br And Den, Approx 600 Sf, Comes With One Parking ,Granite Countertop, Backsplash, Upgraded Newly Install Laminate Floors, Unobstructed Views! Luxury Amenities: Pool W/Waterfall, Steam Rm & Outdoor Terrace W/Bbq, Directly Beside Finch Subway, Ttc And Go. Sought After Location.
              Extras: Stainless Steel Appliances Fridge, Stove, Washer ,Dryer, B/I Dishwasher, Microwave.=more Info Click Virtual Tour.
              Video tour available. Click to watch.
              Property Features
              • Hospital
              • Park
              • Place Of Worship
              • Public Transit
              • School
              • Concrete
              • Concierge
              • Gym
              • Indoor Pool
              • Party/Meeting Room
              • Sauna
              • Security Guard
              • Common Elements Included
              • Ensuite Laundry
              • Fireplace/Stove
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Family Room
              • CAC Included
              • Condo Taxes Included
              • Hydro Included
              • Cable TV Included
              Rooms details
              Living
              • Flat Level
              • Combined W/Dining
              • Laminate
              • W/O To Balcony
              • Size 5.56x3.13
              Dining
              • Flat Level
              • Combined W/Living
              • Laminate
              • Open Concept
              • Size 5.56x3.13
              Kitchen
              • Flat Level
              • Stainless Steel Appl
              • Granite Counter
              • Breakfast Bar
              • Size 2.63x2.42
              Master
              • Flat Level
              • Laminate
              • Closet
              • Large Window
              • Size 3.36x2.89
              Den
              • Flat Level
              • Laminate
              • Open Concept
              • Size 2.28x1.77
              Basement
              • None
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              • Listing added to site: 2020-10-17 19:34:02
              • Last updated: 2020-10-18 00:06:10
              • Photos updated: 2020-10-17
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              More Options

              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              305 5740 Yonge Street is a condo apt apartment, located in Newtonbrook West of city of Toronto, Toronto region, near Yonge And Finch, and has been available for sale on CondosDirect since 2020-10-17. This unit is located at level 3 of the building and has North-West exposure of Yonge St. Condo registry office is TSCC, corporation number 2323.

              Lot Size and Living Area:

              305 5740 Yonge Street has 4+1 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 500-599 square feet.
              1.0 parking space(s) are exclusive and located undergrnd at level Level C . An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Hospital, Park, Place Of Worship, Public Transit, School at, or near the property.
              AIDA has also found the following possible sellers motivation indicators: Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              305 5740 Yonge Street condo apt is listed for $549,900. Property tax for year 2020 was $1,905. And the monthly maintenance fee was $509.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $483,971.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,063, and total expenses, including the mortgage, property tax and maintenance, fee around $2,264, assuming $549,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 305 5740 Yonge Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Newtonbrook West, where 5740 Yonge Street is located, has $1,072,473 Home Price Index, and $2,581 Home Rent Index. Average household income at dissemination area of 5740 Yonge Street is $39,584, and average polulation age is 39 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,097, and average Home Rent Index $2,583.

              Similar Properties & Community Details:

              There are similar to 305 5740 Yonge Street 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 5740 Yonge Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Newtonbrook West neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 5740 Yonge Street, or schools, which boundaries this address belongs to with an average School Score 7.25 out of 10. Here are more details about these schools:
              1. R J Lang Elementary and Middle School (Grades JK-08), Public, Intermediate, ranked as Average.
              2. Northview Heights Secondary School (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 78, 99, and 59 accordingly, location of 5740 Yonge Street overall can be described as Very Walkable, Rider's Paradise, and Bikeable.

              Newtonbrook West, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (106 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 7 to 8 properties like that to be sold in Newtonbrook West during the next 30 days.
              Seasonal sales fluctuation is showing 51% inventory increase comparing to the average annual number, which is equvalent to 5.08 properties sold per month, and 48% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 3 days, which is 19 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 9% D.O.M. increase comparing to the average annual number, which is equvalent to 20 D.O.M., and 3% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Newtonbrook West.
              The selling to asking price ratio is declining in Newtonbrook West.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4958046 Comparative Market Analysis
              305 5740 Yonge Street Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Newtonbrook West, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +24.13% comparig to the City of Toronto average of +6.38%

              Price Index 3y

              Price Index change was -1.85% comparig to the City of Toronto average of +6.755%

              Rent Index 1y

              Rent Index change was -2.23% comparig to the City of Toronto average of +2.03%

              Rent Index 3y

              Rent Index change was -1.85% comparig to the City of Toronto average of +6.755%

              Walkscore

              Walkscore 78 out of 100 means Very Walkable

              Transitscore

              Transitscore 99 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.25 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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