1508-5949 Yonge Street, Toronto, ON
Newtonbrook East, Toronto · MLS® C13224212
About this home
Stunning top-floor renovation meets unbeatable value. Welcome to Suite 1508 at Sedona Place, a beautifully reimagined 2-bedroom, 1-bath co-ownership that is ready for you to move in. The best part? Unlike condos, the maintenance fees cover all utilities and property taxes - one simple monthly payment, perfect for those looking to remain in budget. Featuring a sleek, designer kitchen, fully renovated bathroom, brand-new flooring throughout, an ensuite washer/dryer combo, and fresh modern finishes that set it apart from anything else in the building. Flooded with natural light and unobstructed views, this suite is truly one of a kind at its price point. Parking included. Explore the incredible variety of dining and shopping along Yonge Street right at your doorstep. On weekends, take a short stroll to Hendon Park beloved by locals for its tennis courts, splash pad, and open green space or enjoy the peaceful trails of Newtonbrook Creek, a hidden natural gem that winds through the ravine. Steps to TTC/YRT, 7-min walk to Finch Subway Station, GO Train across the street, and minutes to top-rated schools, shops, and dining. No board approval required. This is North York living at its absolute best value. ** Maintenance fee includes property taxes. There's a coin laundry in the basement( common for the building)
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13224212
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 1
- Size
- 900-999
- Cross streets
- Yonge St/Cummer Ave
- Parking
- 1 parking
- Basement
- None
- Heating
- Baseboard
- A/C
- None
- Exterior
- Brick
- Maintenance
- $1,565/mo
- Exposure
- West
- Days on market
- 46
- Listing brokerage
- RARE REAL ESTATE
Rooms
combined w/living · parquet
Combined w/Dining
Closet
Closet
B/I Appliances
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.
Ask Moe if this price is fairIts 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.
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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesOn the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Newtonbrook East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $276,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,473
- Property tax
- $216
- Condo / maintenance fees
- $1,565
- Heating
- $0
- Estimated monthly cost
- $3,254
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $3,650
- Toronto municipal land transfer tax
- $3,650
- Estimated closing costs
- $7,300
Plus your down payment of $69,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $88,370
- Principal paid down
- $35,149
- Interest paid
- $53,222
- Balance remaining
- $240,851
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RARE REAL ESTATE. MLS®/PropTx.