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    5949 Yonge Street

    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    6
    Number of Units:
    75
    Condo Completion:
    2007
    Condo Demand:
    Low
    Unit Size Range:
    600 - 2,400 SQFT
    Unit Availability:
    Low

    Listing History for 5940 Yonge

    Receive listing updates for Newtonbrook

    Amenities

    Security System
    Concierge
    Visitor Parking
    Party Room

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    About 5949 Yonge Street5940 Yonge

    Located at 5949 Yonge Street, 5940 Yonge is a 6-storey condo containing 75 units. These Toronto condos for sale were completed in 2007 with units starting at 600 square feet, ranging up to 2400 square feet. What makes a Newtonbrook condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees at 5949 Yonge Street are $1.18 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for a unit at 5949 Yonge Street is $426, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at 5940 Yonge spend 133 days on the market on average and usually sell for -6.53% below the listing price. In the last 12 months, 4 units have rented, and 2 have sold.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as Gui Gui Korean skewer BBQ, Busan Galmaegi Korean BBQ and Friendly House Restaurant. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 4 minutes to get to Coffee Time, Soul Cafe Toronto and Tim Hortons.

    Grocery pick-ups are made easy thanks to Food Basics, Arzon Food Market and Khorak Supermarket within a 10-minute walk.

    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 9 minutes away by foot.

    Like to shop? Everything you need is close by when you live at 5949 Yonge Street, including Yonge Connaught Plaza, Whohou Marketplace and Iranian Plaza which are only 8 away.

    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. This location is a great choice for families who are seeking top-notch educational institutions like Unionville Academy, Drewry Secondary School and Horizons Secondary School.

    Transportation

    For transit users, the nearest light transit stop is Yonge St / Cummer Av and is about a 0 minutes walk away. Those who live in the area can easily drive to Finch Station, just 2 minutes from the building.

    Curious about similar condos in the area? Check out 5940 Yonge Street, 5791 Yonge Street and 5795 Yonge Street — all within walking distance.

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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.

    Population
    16,570
    Average Individual Income
    $67,675
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $115,798
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    51%
    Semi Detached
    20%
    Low Rise Apartment
    12%
    High Rise Apartment
    7%
    Duplex
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Cantonese
    17%
    Mandarin
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    20%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    5940 Yonge vs The Newtonbrook Area

    Days on Strata

    Units at 5940 Yonge spend an average of
    133
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    14.5
    YEARS before being sold again

    Property Value

    -29%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 40 condos in the Newtonbrook area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    5940 Yonge offers the
    ?
    N/A
    best value out of 40 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    5940 Yonge has the
    ?
    N/A
    highest ROI out of 40 condos in the Newtonbrook neighbourhood

    Rental Yield

    5940 Yonge yields the
    ?
    N/A
    highest rent prices out of 40 condos in the Newtonbrook neighbourhood

    High Demand

    5940 Yonge is the
    ?
    N/A
    most popular building out of 40 condos in the Newtonbrook neighbourhood

    Transaction Insights at 5949 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$290,000No DataNo Data$436,500
    Avg. Cost Per SqftNo Data$487No DataNo Data$425
    Avg. Wait for Unit AvailabilityNo Data822 Days103 DaysNo DataNo Data
    Ratio of Units in Building4%25%38%7%29%

    Unit Sales vs Inventory

    Total number of units listed and sold in Newtonbrook