306-5791 Yonge Street, Toronto, ON

Newtonbrook East, Toronto · MLS® C13005604

$539,900
For Sale
Listed 92 days ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Discover effortless urban elegance in this bright and spacious 740 sq. ft. 1-bedroom-plus-den residence at Luxe Condominiums! Step inside The Lush floor plan and be impressed by the bright, open-concept living and dining area featuring beautiful hardwood floors, a stunning modern chandelier, and seamless flow to a private balcony with peaceful views. The gourmet kitchen shines with granite countertops, a large island with breakfast bar, and premium Kitchenaid stainless steel appliances updated in 2023. This move-in-ready third-floor suite also offers a versatile den ideal for a home office or guest space, a generous primary bedroom, and convenient in-suite laundry (LG 2024 Washer & Dryer).Additional peace of mind comes with an owned parking space and a locker located on the same floor. Live the resort lifestyle with premium building amenities including an indoor pool, full gym, sauna, party and meeting rooms, 24-hour concierge, guest suites, and visitor parking-all in a well-maintained Menkes-built tower. The location is unbeatable: just steps to Finch TTC Subway Station, VIVA rapid transit, GO, endless dining, shopping, supermarkets, parks, and daily conveniences in the heart of vibrant North York. Quick access to Hwy 401 makes commuting effortless. This is city living at its finest-convenient, comfortable, and full of potential. Schedule your private viewing today and experience it for yourself!

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13005604
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
700-799
Cross streets
Yonge & Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$760/mo
Exposure
East
Property tax
$2,798 / 2025
Days on market
92
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Dining RoomFlat2.74 × 2.13 m

hardwood floor · open concept · w/o to balcony

DenFlat2.86 × 2.86 m

hardwood floor · separate room · closet

Primary BedroomFlat4.27 × 2.74 m

broadloom · double closet · large window

Living RoomFlat4.27 × 3.96 m

hardwood floor · open concept

KitchenFlat2.86 × 2.86 m

overlooks living · granite counters · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
In the wider range
$532Kest. value

Listed at $539,900, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 31 similar homes nearby, adjusted for size, beds, and baths.Median of 31 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $598K, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, listed at $538K
  • Bedrooms +$30K
  • Adjusts to $568K

That comparable adjusts to $568K; the $532K estimate above is the median of all 31 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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. 5800 Yonge St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$360KGreat deal$635KOverpriced

Total price vs nearby homes. Fair value about $532K, median of 31 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$521kavg asking

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

303-39 Pemberton Avenue$499k217-7 Bishop Avenue$470k409-18 Pemberton Avenue$539k900-8 Pemberton Avenue$549kS2410-8 Olympic Garden Drive$550k

The 5 closest of 8 active listings nearby.

See all comparable homes
540kThis home499k470k539k549k550kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $619K
$720this home / sqft
32active listings nearby
92days on market

This home lists 1% below the area average of $730/sqft.

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

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: 5800 Yonge St, about 64 m away

20+ transit stops5 grocery20+ dining20+ parks19 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
$1.39M
Church-Yonge Corridor
$577K

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 · 1.2 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,461/mo
$119KIncome needed
4.5×Price ÷ income
$568Weekly 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.

71%mortgage
Mortgage $2,461Property tax $233Condo fee $760Total carry $3,454

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)
$2,305per month

Mortgage amount $431,920 · 4.14% over 25 years

$107,980Down payment (20.0%)
$431,920Loan before insurance
$0CMHC premium
$3,298Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,305
Property tax
$233
Condo / maintenance fees
$760
Heating
$0
Estimated monthly cost
$3,298

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

One-time closing costs

Ontario land transfer tax
$7,273
Toronto municipal land transfer tax
$7,273
Estimated closing costs
$14,546

Plus your down payment of $107,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,799/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

$259,546Total interest paid
$691,466Total of all payments
Principal $431,920 Interest $259,546
YearPrincipalInterestBalance
1$10,118$17,540$421,802
2$10,542$17,117$411,260
3$10,983$16,676$400,277
4$11,442$16,217$388,835
5$11,921$15,738$376,915
6$12,419$15,239$364,496
7$12,939$14,720$351,557
8$13,480$14,179$338,077
9$14,044$13,615$324,034
10$14,631$13,028$309,402
11$15,243$12,416$294,159
12$15,881$11,778$278,279
13$16,545$11,114$261,734
14$17,237$10,422$244,497
15$17,958$9,701$226,538
16$18,709$8,949$207,829
17$19,492$8,167$188,338
18$20,307$7,352$168,030
19$21,156$6,502$146,874
20$22,041$5,617$124,832
21$22,963$4,695$101,869
22$23,924$3,735$77,945
23$24,925$2,734$53,021
24$25,967$1,691$27,053
25$27,053$605$0

At the end of your 5-year term

Total paid over the term
$138,293
Principal paid down
$55,005
Interest paid
$83,288
Balance remaining
$376,915

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$2,400/mo
$28,800Gross annual rent
2.4%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.

5.3%
Gross yield
− Property tax $2,798− Condo fees $9,123− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,111

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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