PH404 - 5785 Yonge Street

Newtonbrook East, Toronto

PH404 - 5785 Yonge Street, Newtonbrook East, Toronto

$549,000


Bedrooms: 2

Bathrooms: 2

Living Area: 1,000 sqft

Price Per Sqft: $549.00


About this Condo

in Newtonbrook East, Toronto

Place Nouveau! Exceptional Opportunity in the Heart of North York - Location, Luxury & Lifestyle. Welcome to this sun-filled, south-facing penthouse corner suite, offering generous living space, a functional layout, and incredible potential in one of North York's most dynamic communities. This thoughtfully designed residence features two spacious bedrooms, two full bathrooms, and a bright den-perfect for a home office or creative retreat. Expansive south-facing windows bathe the suite in natural light, while two walk-outs lead to a private balcony overlooking the serene courtyard. The open-concept living and dining areas provide an ideal setting for both everyday living and effortless entertaining.. While much of the suite retains its original character, the kitchen has been tastefully updated with contemporary finishes including granite countertops and built-in wine rack. The well-planned layout maximizes both space and light, creating a warm and inviting atmosphere. A dedicated laundry room and thoughtfully living areas add to the suite's comfort and functionality. Bonus: Includes **two parking spaces-one owned and one exclusive use** and an oversized locker. Residents enjoy access to outstanding amenities, including 24-hour gated security, an indoor pool, hot tub, sauna, squash court, fully equipped gym, party room, and ample visitor parking. Maintenance fees include all utilities except hydro. Ideally located just steps from Finch Subway Station, GO and VIVA transit, with quick access to Highway 401, top-rated schools, shopping, dining, and parks-and only 20 minutes to downtown Toronto. A rare opportunity to own a spacious penthouse with endless potential in vibrant North York. Note: Some photos have been chatgpt virtually staged.

Listed by FOREST HILL REAL ESTATE 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


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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