PH404 - 5785 Yonge Street

Newtonbrook East, Toronto

PH404 - 5785 Yonge Street, Newtonbrook East, Toronto

$640,000

Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $640.00

About this Condo

in Newtonbrook East, Toronto

Incredible Opportunity in the Heart of North York Location, Luxury & Lifestyle! Welcome to this sun-drenched south-facing penthouse corner suite, offering generous space, a smart layout, and exciting potential in one of North York's most vibrant communities. This well-designed suite features 2 bedrooms, 2 full bathrooms, and a bright solarium-style den, ideal for a home office or creative space. Large south-facing windows flood the suite with natural light, while 2 walk-outs lead to a private balcony overlooking the courtyard. The open-concept living and dining area is perfect for both relaxation and entertaining. Durable ceramic tile flooring in key areas offers low-maintenance convenience and a solid base for modern updates. Though much of the suite retains its original charm, the kitchen has been beautifully updated with contemporary finishes. The remainder presents a fantastic opportunity to customize and truly make it your own. The layout maximizes both space and natural light, creating a versatile, inviting atmosphere. A dedicated laundry room and well-separated living areas add daily convenience and comfort. Whether you move in as-is or plan a redesign, this suite offers outstanding value and flexibility. Bonus: Includes 2 parking spots; 1 owned and 1 exclusive use, offering rare convenience in the city. Exceptional amenities include 24-hour gated security, indoor pool, hot tub, sauna, squash court, gym, party room, and visitor parking. All utilities are included in the maintenance fee (except hydro). The pet-free building ensures a quiet, allergy-friendly environment. Only 20 mins from downtown Toronto, literally steps from Finch Subway Station, GO & VIVA buses, with easy access to Hwy 401, top schools, shopping, dining, and parks. This is your rare chance to own a spacious penthouse with limitless potential in vibrant North York!

Listed by CENTURY 21 LEADING EDGE REALTY INC..

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
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* This material is for informational purposes only.

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