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    Place Nouveau II Condos

    5765 Yonge Street

    1for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    22
    Number of Units:
    195
    Condo Completion:
    1989
    Condo Demand:
    Medium
    Unit Size Range:
    700 - 2,910 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Place Nouveau II Condos

    Amenities

    Party Room
    Indoor Parking
    Indoor Pool
    Media Room
    Security System
    Concierge

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5765 Yonge StreetPlace Nouveau II Condos

    Anyone who’s seeking a Toronto condo for sale should definitely consider Place Nouveau II Condos at 5765 Yonge Street. Menkes Development completed this building back in 1989, but unlike other buildings of that age, maintenance fees are actually higher than average at $0.81 per-square-foot. The building is 22 storeys tall and is home to 195 suites. Units start at 700 square feet on the low end, and can go up to 2910 square feet.

    Maintenance fees are $0.81 per-square-foot, which is higher than the neighbourhood average of $0.79 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 5765 Yonge Street is $605, based on the past 12 months of sales, and units tend to sell within 29 days of being listed. 7 units have been rented in the previous 12 months, and 5 units have been sold. Suites often sell for -2.18% below the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from Jung Soo Nae Restaurant, Burrito Place and Mr. Souvlaki, making it easy to dazzle your taste buds without much effort. With cafes such as Tim Hortons, Timothy's World Coffee and Starbucks only a short 7-minute walk away, grabbing a coffee while living at Place Nouveau II Condos is a breeze.

    There are a number of grocery stores within a short drive, including Food Basics, Arzon Food Market and Khorak Supermarket.

    Place Nouveau II Condos is a great choice for residents who are money conscious — with banks like RBC Royal Bank and First Swiss Financial Group nearby.

    Getting some fresh air is a breeze when you live at 5765 Yonge Street because excellent green spaces like Bishop Park and Finch Parkette are walkable in under 7 minutes.

    Enhance your personal style while living in the Newtonbrook neighbourhood by visiting Yonge Connaught Plaza, Whohou Marketplace and Collaboht Branding.

    When the weekend rolls around, Irena Art Gallery, Pars Art Gallery and Centre Rug Gallery are within a short 2-minute drive away. Cineplex Cinemas Empress Walk is just a short drive away for movie nights.

    Place Nouveau II Condos is a short drive away from McKee Public School, Lillian Public School and Churchill Public School, giving you plenty of choice for your child’s education. Newtonbrook is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending Horizons Secondary School, Jonas High School and Avondale Secondary Alternative School. And you’ll have peace of mind they’re nearby!

    Transportation

    For transit users, the nearest light transit stop is Yonge St At Bishop Ave North Side and is about a 2 minutes walk away. Transit riders will love living just 0 minutes from Finch Station.

    Curious about similar condos in the area? Check out 5785 Yonge Street, 5793 Yonge Street and 5795 Yonge Street — all within walking distance.

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    Listings For Rent

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    Nearby Amenities

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    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
    Household Income
    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%

    Price Trends

    Days on Strata

    Units at Place Nouveau II Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    9.3
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    23rd
    Highest price per SQFT out of 39 condos in the Newtonbrook area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Place Nouveau II Condos offers the
    ?
    best value out of 39 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    Place Nouveau II Condos has the
    ?
    highest ROI out of 39 condos in the Newtonbrook neighbourhood

    Rental Yield

    Place Nouveau II Condos yields the
    ?
    highest rent prices out of 39 condos in the Newtonbrook neighbourhood

    High Demand

    Place Nouveau II Condos is the
    ?
    most popular building out of 39 condos in the Newtonbrook neighbourhood

    Transaction Insights at 5765 Yonge Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$715,000$708,000 - $740,000No Data
    Avg. Cost Per SqftNo DataNo Data$634$613No Data
    Avg. Wait for Unit Availability1575 Days274 Days511 Days38 DaysNo Data
    Ratio of Units in Building2%11%7%80%2%

    Maintenance Fees

    Place Nouveau II Condos vs The Newtonbrook Area

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