208-5949 Yonge Street, Toronto, ON

Newtonbrook East, Toronto · MLS® C12937080

$499,000
For Sale
Listed 113 days ago
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2Bedrooms
1Bathrooms
1Parking
900-999Sq Ft
11 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Space & location!90 Walk Score, 998 square foot, Bright W/E view two bedroom co-ownership unit updated throughout NOT a Co-op, no shares, no board approval.unit comes with a deed. Large principal rooms with a floor plan that flows like a Bungalow, located in an up and coming dynamic area between Finch and Steeles, Minutes to Finch subway station and steps away from a transit hub with access to multiple TTC buses, GO buses and York Region Transit. Conveniently located to banking, coffee shops, shopping plazas some W24 hour and late night shopping, biking paths, schools, and many amenities. All inclusive maintenance includes Heat, Hydro, Water, Building Common Elements, live in Super for prompt attention to building concerns, Owned Locker & Parking, Common Party & Meeting room, Visitor parking, Bus stops in front , close to Parks, Unit has recently installed pigeon netting for hassle free maintenance.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12937080
Bedrooms
2
Bathrooms
1
Size
900-999
Cross streets
Yonge And Finch
Parking
1 parking
Basement
None
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick
Foundation
Concrete Block
Maintenance
$1,324/mo
Exposure
West
Property tax
$1,751 / 2025
Days on market
113
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION

Rooms

Dining RoomMain2.79 × 2.62 m

Separate Room

Primary BedroomMain4.60 × 3.43 m

parquet · walk-in closet(s) · east view

Living RoomMain6.07 × 3.58 m

west view · parquet · w/o to balcony

Bedroom 2Main3.58 × 2.97 m

his and hers closets · parquet · east view

KitchenMain2.74 × 2.26 m

modern kitchen · quartz counter · pantry

FoyerMain3.66 × 1.73 m

closet · parquet · irregular room

Moe’s TakeTeam Asgarian · Broker
Below comparables
$660Kest. value

Listed at $499,000, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Newtonbrook East lately, sellers have been getting about 97% of asking and homes sell in about 37 days.

Based on 88 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 88 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $331K, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $635K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $590K

That comparable adjusts to $590K; the $660K estimate above is the median of all 88 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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 Street / Cummer Avenue is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$499KGreat deal$747KOverpriced

Total price vs nearby homes. Fair value about $660K, median of 88 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$553kavg asking

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

303-39 Pemberton Avenue$499k408-8 Pemberton Avenue$549k409-18 Pemberton Avenue$539k900-8 Pemberton Avenue$549k1009-39 Pemberton Avenue$629k

The 5 closest of 6 active listings nearby.

See all comparable homes
499kThis home499k549k539k549k629kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $629K
$526this home / sqft
16active listings nearby
113days on market
100sold nearby · 90 days
$563Kmedian sold price
97%of asking, on average

This home lists 23% below the area average of $679/sqft.

112 days longer than the Toronto average (1 days).

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

78/ 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 Street / Cummer Avenue, about 24 m away

20+ transit stops6 grocery20+ dining20+ parks11 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 East
$651K
Bayview Village
$530K
Annex
$513K
Woburn
$500K
Bay Street Corridor
$525K

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
$2,274/mo
$119KIncome needed
4.2×Price ÷ income
$525Weekly 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.

61%mortgage
Mortgage $2,274Property tax $146Condo fee $1,324Total carry $3,744

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,600Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$146
Condo / maintenance fees
$1,324
Heating
$0
Estimated monthly cost
$3,600

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$3,050/mo
$36,600Gross annual rent
2.9%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.

7.3%
Gross yield
− Property tax $1,751− Condo fees $15,891− Insurance $600− Vacancy & upkeep $4,026Net operating income $14,332

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.

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