409-5740 Yonge Street, Toronto, ON

Newtonbrook West, Toronto · MLS® C13096164

$599,000
For Sale
Listed 72 days ago
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3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Welcome to this inviting and spacious 2 bedroom + den, 2 bath condo in the heart of North York. This bright, functional suite boasts a modern open-concept living and dining area, large windows, and two private balconies. The kitchen is enhanced with a stylish backsplash and granite countertops, while the den features built-in cabinetry for extra storage. Premium building amenities include an indoor pool, gym, party room, and visitor parking. Perfectly situated right beside Finch Subway Station. From here, you can enjoy everything the city has to offer. This vibrant neighbourhood features a wide variety of restaurants, shops, cafés, theatres, cinemas, and parks - all within walking distance. Truly a walker's and rider's paradise. An ideal opportunity for professionals, young families, or investors seeking an unbeatable Yonge Street location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13096164
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
800-899
Cross streets
Yonge / Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$852/mo
Exposure
South East
Property tax
$3,009 / 2025
Days on market
72
Listing brokerage
KW Living Realty

Rooms

Living RoomFlat5.96 × 4.23 m

combined w/dining · w/o to balcony · window floor to ceiling

Dining RoomFlat5.96 × 4.23 m

combined w/living · laminate · open concept

KitchenFlat5.96 × 4.23 m

combined w/dining · backsplash · granite counters

DenFlat1.77 × 1.77 m

open concept · laminate

Bedroom 2Flat3.45 × 2.86 m

window · laminate · closet

Primary BedroomFlat2.89 × 2.88 m

w/o to balcony · laminate · 3 pc ensuite

Moe’s TakeTeam Asgarian · Broker
In line
$580Kest. value

Listed at $599,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $625K, a close match.

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 $638K
  • Adjusts to $638K

That comparable adjusts to $638K; the $580K estimate above is the median of all 9 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.

The assigned public school is Northview Heights Secondary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$495KGreat deal$629KOverpriced

Total price vs nearby homes. Fair value about $580K, median of 9 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Newtonbrook West · asking prices
$564kavg asking

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

2009-5740 Yonge Street$629k1904-5740 Yonge Street$638k315-222 Finch Avenue$550k207-5940 Yonge Street$440k

The 4 closest active listings nearby.

See all comparable homes
599kThis home629k638k550k440kThis home vs active comparables
Live market pulseActive comparables in Newtonbrook West · median list $600K
$705this home / sqft
16active listings nearby
72days on market

This home lists 9% above the area average of $649/sqft.

71 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 West, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
$488K
Westminster-Branson
$500K
Bayview Village
$748K
Banbury-Don Mills
$500K

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 R J Lang Elementary and Middle School
60%
R J Lang Elementary and Middle SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 60% meet the provincial standard

Affordability & Mortgage

Affordability
$2,730/mo
$132KIncome needed
4.6×Price ÷ income
$630Weekly 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 $2,730Property tax $251Condo fee $852Total carry $3,833

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,557per month

Mortgage amount $479,200 · 4.14% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,660Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$251
Condo / maintenance fees
$852
Heating
$0
Estimated monthly cost
$3,660

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,106/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

$287,957Total interest paid
$767,157Total of all payments
Principal $479,200 Interest $287,957
YearPrincipalInterestBalance
1$11,226$19,460$467,974
2$11,696$18,991$456,278
3$12,185$18,501$444,094
4$12,694$17,992$431,399
5$13,225$17,461$418,174
6$13,779$16,908$404,395
7$14,355$16,331$390,040
8$14,955$15,731$375,085
9$15,581$15,105$359,504
10$16,233$14,454$343,271
11$16,912$13,775$326,359
12$17,619$13,067$308,740
13$18,356$12,330$290,384
14$19,124$11,562$271,260
15$19,924$10,762$251,336
16$20,757$9,929$230,579
17$21,625$9,061$208,954
18$22,530$8,156$186,424
19$23,472$7,214$162,951
20$24,454$6,232$138,497
21$25,477$5,209$113,020
22$26,543$4,144$86,477
23$27,653$3,033$58,824
24$28,810$1,877$30,015
25$30,015$672$0

At the end of your 5-year term

Total paid over the term
$153,431
Principal paid down
$61,026
Interest paid
$92,405
Balance remaining
$418,174

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$2,700/mo
$32,400Gross annual rent
2.5%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.

5.4%
Gross yield
− Property tax $3,009− Condo fees $10,228− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,999

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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