5940 Yonge Street
Building Details
Listing History for 5940 Yonge Condos
Amenities
Maintenance Fees
About 5940 Yonge Street — 5940 Yonge Condos
Located at 5940 Yonge Street, 5940 Yonge Condos is a 6-storey condo containing 75 units. These Toronto condos for sale were completed in 2006 with units starting at 517 square feet, ranging up to 1000 square feet. What makes a Newtonbrook condo for sale most appealing is all that the neighbourhood has to offer.
This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 84. Maintenance fees at 5940 Yonge Street are $0.93 per-square-foot, which is notably higher than the city average of about $0.67.
The Suites
Here are some stats that would interest renters or buyers at 5940 Yonge Street: 3 units have been sold in the past 12 months, and 4 units have been rented over the same period.
In terms of price per-square-foot, the average cost is $730 and units tend to sell for -2.35% below the list price. Units at 5940 Yonge Street have a low probability of receiving more than one offer. On average, a suite will spend 14 days on the market.
The Neighbourhood
This is a great choice for foodies — with restaurants like Busan Galmaegi Korean BBQ, Friendly House Restaurant and Cho Won Family Restaurant nearby, the only issue will be picking just one. You’ll only have to walk 5 minutes to pick-up a coffee before heading out for your day at Coffee Time, Soul Cafe Toronto and Tim Hortons.
Grocery shopping can feel like a chore — but not when Food Basics, Arzon Food Market and Khorak Supermarket are just an easy 11-minute walk away.
Planning for your future is easy with RBC Royal Bank and First Swiss Financial Group in the area.
There are plenty of parks nearby to keep your family busy, including Fairchild Parkette and Centre Park, which are less than 10 minutes away by foot.
Those who love to shop will appreciate all the options nearby with Yonge Connaught Plaza, Whohou Marketplace and Iranian Plaza just 9 minutes from here.
Art and culture seekers can enjoy amazing attractions nearby like Irena Art Gallery, Pars Art Gallery and Centre Rug Gallery, less than 9 minutes walking distance from here.
There are plenty of nearby school choices — Lillian Public School, Pleasant Public School and McKee Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Newtonbrook is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending Unionville Academy, Drewry Secondary School and Horizons Secondary School. And you’ll have peace of mind they’re nearby!
Transportation
If you commute by public transit then the Newtonbrook neighbourhood is a great choice, as you’ll find the Drewry Ave At Yonge St West Side light transit stop makes it easy to get around. Finch Station is about a 2-minute drive from the building.
If you’re interested in checking out other similar condos within walking distance, you might like 5949 Yonge Street, 37-39 Drewry Avenue and 5791 Yonge Street.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At 5940 Yonge Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 5940 Yonge Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | $475,000 | No Data | $535,000 - $597,000 | No Data |
Avg. Cost Per Sqft | $873 | No Data | $674 | No Data |
Price Range | $2,150 | No Data | $2,500 - $3,000 | No Data |
Avg. Wait for Unit Availability | 288 Days | 277 Days | 142 Days | 73 Days |
Avg. Wait for Unit Availability | 145 Days | 904 Days | 178 Days | No Data |
Ratio of Units in Building | 34% | 11% | 52% | 5% |
Unit Sales vs Inventory
Total number of units listed and sold in Newtonbrook