TH08-5858 Yonge Street, Toronto, ON

Newtonbrook West, Toronto · MLS® C14084954

$985,000
For Sale
Just listed todayNo offer date stated
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
2Garage
900-999Sq ft

About this home

In short

  • Welcome to Plaza on Yonge.
  • This brand-new, never-lived-in 3-bedroom, 2-bathroom condo townhome features soaring 10-foot ceilings, desirable south-facing exposure, and a beautiful private terrace.
  • BONUS Includes 2 parking spaces and 2 lockers.
  • Residents enjoy exceptional amenities, including an outdoor pool, party room, theatre room, fitness studio, yoga room, Wi-Fi study lounge, gaming room, and private...
  • Ideally located just a 7-minute walk to Finch Subway Station, with easy access to shopping, restaurants, parks, and everyday conveniences.

Welcome to Plaza on Yonge! This brand-new, never-lived-in 3-bedroom, 2-bathroom condo townhome features soaring 10-foot ceilings, desirable south-facing exposure, and a beautiful private terrace. Thoughtfully designed with modern finishes, full-sized appliances, and pot lights throughout. BONUS Includes 2 parking spaces and 2 lockers! Residents enjoy exceptional amenities, including an outdoor pool, party room, theatre room, fitness studio, yoga room, Wi-Fi study lounge, gaming room, and private dining space. Ideally located just a 7-minute walk to Finch Subway Station, with easy access to shopping, restaurants, parks, and everyday conveniences. A rare opportunity to own a brand-new town home in the heart of North York! Taxes not yet assessed. Photos are virtually staged; they may be altered or modified.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C14084954
Bedrooms
3
Bathrooms
2
Size
900-999 sq ft
Cross streets
Yonge Street / Finch Ave West
Parking
2 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$275/mo
Exposure
South
Listing brokerage
NORDALE REALTY & ASSOCIATES INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$960Klikely sale price

Listed at $985,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $960K, typically $904K to $1.04M. Comparable closings on their own put this home around $646K, about 34% below the ask.

List price
$904KBelow recent closings$1.04MAbove recent closings

Total price vs nearby homes. Likely closing about $960K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$655Kmedian sold price
97%of asking, on average
−13%prices vs a year ago
~42 dayshomes like this take to sell
$2,798/moest. rent · 57 leases
3.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 8 condo townhouse homes for sale in the area against 8 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 $1,037/sqft against an area asking average of $687/sqft.

How this estimate is builtthe short version

I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is R J Lang Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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

There were not many closely comparable homes right in Newtonbrook West, so I widened the search to the surrounding area.

Based on 8 comparable homes that sold in Newtonbrook West over the past two years, from 38 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook West · asking prices
$661kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $646K, which is where my estimate comes from.

Per square foot, these ask about $754/sqft; this home lists at $1,037/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
985kThis home759k699k565k542k739kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,424 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$675K115
September 2026$684K98

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.

Nearby neighbourhoods

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

Bayview Village
$803K
St. Andrew-Windfields
$871K
Hillcrest Village
$559K
Bridle Path-Sunnybrook-York Mills
$1.90M
Parkwoods-Donalda
$592K

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
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Drewry Secondary School · Public secondary0.3 km
St Cyril Catholic School · Catholic elementary1.0 km · 90% at standard
Newtonbrook Secondary School · Public secondary1.1 km · 68% at standard
St Antoine Daniel Catholic School · Catholic elementary1.3 km · 58% at standard
Cummer Valley Middle School · Public elementary1.3 km · 79% at standard
McKee Public School · Public elementary1.4 km · 86% at standard
Pleasant Public School · Public elementary1.4 km · 58% at standard
Lillian Public School · Public elementary1.5 km · 62% at standard
Churchill Public School · Public elementary1.8 km · 83% at standard
Finch Public School · Public elementary1.8 km · 72% at standard
North West Secondary Alternative School · Public secondary1.9 km
Fisherville Senior Public School · Public elementary1.9 km

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

Affordability & Mortgage

Affordability
$4,489/mo
$200KIncome needed
4.9×Price ÷ income
$1,036Weekly cost
$32,350Land 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.

83%mortgage
Mortgage $4,489Estimated property tax $616Condo fee $275Total carry $5,380

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,357per month

Mortgage amount $788,000 · 4.49% over 25 years

$197,000Down payment (20.0%)
$788,000Loan before insurance
$0CMHC premium
$5,248Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,357
Estimated property tax
$616
Condo / maintenance fees
$275
Heating
$0
Estimated monthly cost
$5,248

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

One-time closing costs

Ontario land transfer tax
$16,175
Toronto municipal land transfer tax
$16,175
Estimated closing costs
$32,350

Plus your down payment of $197,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,273/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

$519,096Total interest paid
$1,307,096Total of all payments
Principal $788,000 Interest $519,096
YearPrincipalInterestBalance
1$17,585$34,699$770,415
2$18,383$33,901$752,032
3$19,218$33,066$732,814
4$20,090$32,193$712,724
5$21,003$31,281$691,721
6$21,956$30,328$669,765
7$22,953$29,331$646,812
8$23,995$28,289$622,816
9$25,085$27,199$597,731
10$26,224$26,060$571,508
11$27,414$24,869$544,093
12$28,659$23,625$515,434
13$29,960$22,323$485,474
14$31,321$20,963$454,153
15$32,743$19,541$421,410
16$34,229$18,054$387,181
17$35,784$16,500$351,397
18$37,408$14,876$313,989
19$39,107$13,177$274,882
20$40,882$11,401$234,000
21$42,739$9,545$191,261
22$44,679$7,605$146,582
23$46,708$5,576$99,874
24$48,828$3,455$51,045
25$51,045$1,238$0

At the end of your 5-year term

Total paid over the term
$261,419
Principal paid down
$96,279
Interest paid
$165,140
Balance remaining
$691,721

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 57 whole-home leases in Newtonbrook West$2,798/mo
$33,576Gross annual rent
1.9%Cap rate after taxes and upkeep
$2,560 to $2,965Typical rent range
~26 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 57 whole-home leases in Newtonbrook West signed at a median of $2,711 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,798. 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.

3.4%
Gross yield
− Property tax $6,895− Condo fees $3,300− Insurance $600− Vacancy & upkeep $3,693Net operating income $19,088

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

CallRequest a showing