1909-5791 Yonge Street, Toronto, ON

Newtonbrook East, Toronto · MLS® C13611310

$588,000
For Sale
Listed 55 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome To The Luxe By Menkes, Ideally Located In The Heart Of North York At Yonge & Finch.
  • This Bright And Spacious 2-Bedroom, 2 Full Bathroom Condo Features A Functional Open-Concept Layout, East Exposure, And An Extra-Large Balcony Perfect For Enjoying...
  • Enjoy Exceptional Building Amenities Including A 24-Hour Concierge, Indoor Swimming Pool, Sauna, Fitness Centre, Theatre, Recreation Rooms, And Visitor Parking.
  • Unbeatable Location Just Steps To Finch Subway Station, TTC, Restaurants, Shopping, Parks, And Everyday Conveniences.
  • Includes 1 Parking Space And 2 Locker.

Welcome To The Luxe By Menkes, Ideally Located In The Heart Of North York At Yonge & Finch. This Bright And Spacious 2-Bedroom, 2 Full Bathroom Condo Features A Functional Open-Concept Layout, East Exposure, And An Extra-Large Balcony Perfect For Enjoying Morning Sun. Enjoy Exceptional Building Amenities Including A 24-Hour Concierge, Indoor Swimming Pool, Sauna, Fitness Centre, Theatre, Recreation Rooms, And Visitor Parking. Unbeatable Location Just Steps To Finch Subway Station, TTC, Restaurants, Shopping, Parks, And Everyday Conveniences. Includes 1 Parking Space And 2 Locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13611310
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge/Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$877/mo
Exposure
South East
Property tax
$3,084 / 2025
Days on market
55
Listing brokerage
HC REALTY GROUP INC.

Rooms

Bedroom 2Ground0.00 × 0.00 m

window · closet · hardwood floor

Living RoomGround0.00 × 0.00 m

combined w/dining · hardwood floor · w/o to balcony

KitchenGround0.00 × 0.00 m

ceramic floor · granite counters · ceramic backsplash

Primary BedroomGround0.00 × 0.00 m

walk-in closet(s) · 4 pc ensuite · hardwood floor

Dining RoomGround0.00 × 0.00 m

combined w/living · hardwood floor · open concept

Our TakeTeam Asgarian · Broker
Above what recent sales support
$540Kautomated estimate, from recent sales

Listed at $588,000. Recent sales of homes like it put this one around $540K, so the ask is about 9% above what similar homes have sold for.

If it sells at this ask, expect about $572K, typically $564K to $572K: that is where homes here have closed against their asks in the last 90 days (11 closings).

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$503KBelow recent closings$588KAbove recent closings

Total price vs nearby homes. Fair value about $540K, learned from recent GTA sales.

The market behind the math:

11sold nearby · 90 days
$533Kmedian sold price
96%of asking, on average
−7%prices vs a year ago
~23 dayshomes like this take to sell
55days on market so far
$2,846/moest. rent · 15 leases
5.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.5 months of inventory: 24 condo apartment homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $692/sqft against an area asking average of $744/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $532K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($692/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 12 homes sold in this building over the past two years, from 142 closings in Newtonbrook East.

What sellers nearby are askingCurrently listed nearby in Newtonbrook East · asking prices
$636kavg asking

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

Per square foot, these ask about $799/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
588kThis home599k549k649k690k695kThis home vs active comparables

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.

Nearby neighbourhoods

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

Willowdale East
$577K
Bayview Village
$440K
Henry Farm
$499K
Mount Pleasant West
$509K
Tam O'Shanter-Sullivan
$499K

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
Also nearby: 12 more schools within 2.5 km
Drewry Secondary School · Public secondary0.5 km
R J Lang Elementary and Middle School · Public elementary0.8 km · 60% at standard
St Cyril Catholic School · Catholic elementary0.9 km · 90% at standard
McKee Public School · Public elementary1.2 km · 86% at standard
Newtonbrook Secondary School · Public secondary1.3 km · 68% at standard
St Antoine Daniel Catholic School · Catholic elementary1.4 km · 58% at standard
St Paschal Baylon Catholic School · Catholic elementary1.5 km · 72% at standard
Lillian Public School · Public elementary1.6 km · 62% at standard
Pleasant Public School · Public elementary1.6 km · 58% at standard
Finch Public School · Public elementary1.7 km · 72% at standard
Churchill Public School · Public elementary1.8 km · 83% at standard
Willowdale Middle School · Public elementary1.8 km · 78% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,680/mo
$130KIncome needed
4.5×Price ÷ income
$618Weekly cost
$16,470Land transfer tax, one-time (Ontario + Toronto)
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.

70%mortgage
Mortgage $2,680Property tax $257Condo fee $877Total carry $3,814

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,575per month

Mortgage amount $470,400 · 4.39% over 25 years

$117,600Down payment (20.0%)
$470,400Loan before insurance
$0CMHC premium
$3,709Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,575
Property tax
$257
Condo / maintenance fees
$877
Heating
$0
Estimated monthly cost
$3,709

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

One-time closing costs

Ontario land transfer tax
$8,235
Toronto municipal land transfer tax
$8,235
Estimated closing costs
$16,470

Plus your down payment of $117,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,120/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

$302,055Total interest paid
$772,455Total of all payments
Principal $470,400 Interest $302,055
YearPrincipalInterestBalance
1$10,645$20,254$459,755
2$11,117$19,781$448,638
3$11,610$19,288$437,028
4$12,126$18,772$424,902
5$12,664$18,234$412,239
6$13,226$17,672$399,013
7$13,813$17,085$385,200
8$14,426$16,472$370,774
9$15,066$15,832$355,708
10$15,735$15,163$339,973
11$16,433$14,465$323,540
12$17,162$13,736$306,377
13$17,924$12,974$288,453
14$18,720$12,178$269,733
15$19,551$11,348$250,183
16$20,418$10,480$229,765
17$21,324$9,574$208,440
18$22,271$8,627$186,169
19$23,259$7,639$162,910
20$24,292$6,607$138,619
21$25,370$5,529$113,249
22$26,496$4,403$86,753
23$27,672$3,227$59,082
24$28,900$1,999$30,182
25$30,182$716$0

At the end of your 5-year term

Total paid over the term
$154,491
Principal paid down
$58,161
Interest paid
$96,329
Balance remaining
$412,239

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
From 15 whole-home leases in Newtonbrook East$2,846/mo
$34,152Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,703 to $2,988Typical rent range
~28 daysTo find a tenant, on average

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

Talk about the numbers

The last 15 whole-home leases in Newtonbrook East signed at a median of $2,631 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,846. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.8%
Gross yield
− Property tax $3,084− Condo fees $10,527− Insurance $600− Vacancy & upkeep $3,757Net operating income $16,184

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HC REALTY GROUP INC.. MLS®/PropTx.

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