5940 Yonge St 512

FOR SALE
$499,900
5940 Yonge St 512, North York
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
5940 Yonge St 512
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C11943655
MLSID
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Property Description
Why pay rent when you can invest in owning your own condo!Spacious 1 bedroom suite with parking and locker included*plenty of closet space*ensuite laundry*freshly renovated*open concept kitchen w/breakfast bar*large windows*10 minute walk to the transit hub at Yonge & Finch or jump on the bus at your doorstep*Whatever direction you are heading this location has you covered: TTC/Finch Subway-York Regional Transit-Go Bus Terminal *Enjoy all of the conveniences that Yonge St. has to offer*shops, restaurants, groceries, drug stores,banks and more!*Explore this desirable North York neighborhood including the abundance of parks and the Finch Recreational Trail with its kilometers of paved pathway perfect for walking, running and cycling*As a 1st time buyer or as an investor, this is the opportunity that you have been waiting for!*
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,674 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
North York Market Statistics
North York Price Trend
5940 Yonge St 512 is a 1-bedroom 1-bathroom condo listed for sale at $499,900, which is $63,790 (11.3%) lower than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in North York increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.
Inventory Change
There were 894 1-bedroom condos listed in North York over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in North York over the last 30 days (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in North York stood at 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Admiral Realty Inc.
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