403-5949 Yonge Street, Toronto, ON

Newtonbrook East, Toronto · MLS® C12926438

$294,800
For Sale
Listed 113 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

WOW! What An Amazing Opportunity! Very Spacious 1 Bedroom Plus A Den, Which Can Be Used As A Second Bedroom. 681 Sq Ft plus 89 Sq Ft balcony!!! This Well Maintained and Newly Updated Property Offers Stunning Views From The Balcony And Is Close To All Amenities. Featuring Refinished Floors, Fresh Paint, Updated Washroom, New Doors, Newer Appliances And No Carpet. This Home Is Move-in Ready. The Price Cannot Be Beaten This Is A Must-See! MAINTENANCE INCLUDES All Utilities And Property Tax!!! Parking can be rented. Co-Ownership Unit! Mortgage Can Be Arranged though Credit Unions

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12926438
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Yonge/Finch
Parking
0 parking
Basement
None
Heating
Baseboard
A/C
None
Exterior
Concrete
Maintenance
$1,038/mo
Exposure
West
Property tax
$1,093 / 2025
Days on market
113
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Living RoomFlat5.24 × 5.06 m

laminate · open concept · crown moulding

Dining RoomFlat5.24 × 5.06 m

laminate · open concept · crown moulding

KitchenFlat3.23 × 2.14 m

tile floor · backsplash · crown moulding

DenFlat3.42 × 1.90 m

laminate · w/o to balcony · french doors

Primary BedroomFlat4.59 × 3.05 m

laminate · double closet · crown moulding

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Yonge St. @ Cummer Ave. is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$514kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

217-7 Bishop Avenue$470kN433-7 Golden Avenue$475kS803-8 Olympic Garden Drive$499kS2410-8 Olympic Garden Drive$550k704-8 Olympic Garden Drive$578k

The 5 closest of 8 active listings nearby.

See all comparable homes
295kThis home470k475k499k550k578kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $539K
$454this home / sqft
19active listings nearby
113days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Newtonbrook East, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

72/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St. @ Cummer Ave., about 20 m away

20+ transit stops5 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale West
$770K
Willowdale East
$441K
Banbury-Don Mills
$500K
Annex
$1.57M
Church-Yonge Corridor
$590K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.3 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$1,344/mo
$77KIncome needed
3.8×Price ÷ income
$310Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

54%mortgage
Mortgage $1,344Property tax $91Condo fee $1,038Total carry $2,473

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,259per month

Mortgage amount $235,840 · 4.14% over 25 years

$58,960Down payment (20.0%)
$235,840Loan before insurance
$0CMHC premium
$2,388Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,259
Property tax
$91
Condo / maintenance fees
$1,038
Heating
$0
Estimated monthly cost
$2,388

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$2,897
Toronto municipal land transfer tax
$2,897
Estimated closing costs
$5,794

Plus your down payment of $58,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,529/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$141,719Total interest paid
$377,559Total of all payments
Principal $235,840 Interest $141,719
YearPrincipalInterestBalance
1$5,525$9,577$230,315
2$5,756$9,346$224,559
3$5,997$9,106$218,562
4$6,248$8,855$212,315
5$6,509$8,593$205,806
6$6,781$8,321$199,025
7$7,065$8,038$191,960
8$7,360$7,742$184,599
9$7,668$7,434$176,931
10$7,989$7,113$168,942
11$8,323$6,779$160,619
12$8,671$6,431$151,948
13$9,034$6,068$142,914
14$9,412$5,690$133,502
15$9,806$5,297$123,696
16$10,216$4,887$113,480
17$10,643$4,459$102,837
18$11,088$4,014$91,749
19$11,552$3,550$80,197
20$12,035$3,067$68,162
21$12,539$2,564$55,623
22$13,063$2,039$42,560
23$13,610$1,493$28,951
24$14,179$924$14,772
25$14,772$330$0

At the end of your 5-year term

Total paid over the term
$75,512
Principal paid down
$30,034
Interest paid
$45,478
Balance remaining
$205,806

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.6%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

8.3%
Gross yield
− Property tax $1,093− Condo fees $12,462− Insurance $600− Vacancy & upkeep $2,706Net operating income $7,739

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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