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    5940 Yonge Street

    5940 Yonge Condos

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    6
    Number of Units:
    75
    Condo Completion:
    2006
    Condo Demand:
    Low
    Unit Size Range:
    505 - 1,000 SQFT
    Unit Availability:
    Low

    Amenities

    Visitor Parking
    Security System
    Bike Storage
    Indoor Parking
    Party Room

    About 5940 Yonge Street5940 Yonge Condos

    5940 Yonge Condos was completed in 2006 by Evergreen Villa Homes. While some buyers associate high maintenance fees with older buildings, maintenance fees at 5940 Yonge Street are only $1.11 per-square-foot. These Newtonbrook condos for sale offer floor plans that are more spacious than most modern condos; there are 75 suites in this 6-storey residence, and units range from 505 square feet to 1000 square feet.

    This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 84. Maintenance fees at 5940 Yonge Street are $1.11 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

    Here are some stats that would interest renters or buyers at 5940 Yonge Street: 5 units have been sold in the past 12 months, and 8 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $596 and units tend to sell for -3.35% 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 40 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 5793 Yonge Street, 5949 Yonge St and 5791 Yonge Street.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Buyer's Market
    Balanced
    Seller's Market

    Listing History for 5940 Yonge Condos

    Apr, 2026
    5940 Yonge St, unit 215 for rent
    Unit 215
    Apr 03, 202621 days on strata
    Leased for $2,000Listed for $2,0002 bd | 1 ba | 643 sqft | 0 pkg
    5940 Yonge St, unit 215 for rent
    Unit 215
    Apr 01, 2026127 days on strata
    ExpiredListed for $2,5002 bd | 1 ba | 643 sqft | 0 pkg
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    Explore Newtonbrook

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    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%



    Days on Strata

    Units at 5940 Yonge Condos spend an average of
    40
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    4.8
    YEARS before being sold again

    Property Value

    -19%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 54 condos in the Newtonbrook area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    5940 Yonge Condos offers the
    ?
    best value out of 54 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    5940 Yonge Condos has the
    ?
    highest ROI out of 54 condos in the Newtonbrook neighbourhood

    Rental Yield

    5940 Yonge Condos yields the
    ?
    highest rent prices out of 54 condos in the Newtonbrook neighbourhood

    High Demand

    5940 Yonge Condos is the
    ?
    most popular building out of 54 condos in the Newtonbrook neighbourhood

    Market Insights

    Transaction Insights at 5940 Yonge Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$350,000 - $355,000No Data$465,000 - $475,000No Data
    Avg. Cost Per Sqft$658No Data$532No Data
    Avg. Wait for Unit Availability329 Days319 Days149 DaysNo Data
    Ratio of Units in Building34%11%52%5%

    Market Inventory

    Total number of units listed and sold in Newtonbrook