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    5940 Yonge Street

    5940 Yonge Condos
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    6
    Number of Units:
    75
    Condo Completion:
    2006
    Condo Demand:
    High
    Unit Size Range:
    517 - 1,000 SQFT
    Unit Availability:
    Low

    Listing History for 5940 Yonge Condos

    Receive listing updates for Newtonbrook

    Amenities

    Bike Storage
    Visitor Parking
    Security System
    Indoor Parking
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5940 Yonge Street5940 Yonge Condos

    Located at 5940 Yonge Street, 5940 Yonge Condos is a 6-storey condo containing 75 units. These Toronto condos for sale were completed in 2006 with units starting at 517 square feet, ranging up to 1000 square feet. What makes a Newtonbrook condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 84. Maintenance fees at 5940 Yonge Street are $0.93 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    Here are some stats that would interest renters or buyers at 5940 Yonge Street: 3 units have been sold in the past 12 months, and 4 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $659 and units tend to sell for -1.57% below the list price. Units at 5940 Yonge Street have a low probability of receiving more than one offer. On average, a suite will spend 14 days on the market.

    The Neighbourhood

    This is a great choice for foodies — with restaurants like Busan Galmaegi Korean BBQ, Friendly House Restaurant and Cho Won Family Restaurant nearby, the only issue will be picking just one. You’ll only have to walk 5 minutes to pick-up a coffee before heading out for your day at Coffee Time, Soul Cafe Toronto and Tim Hortons.

    Grocery shopping can feel like a chore — but not when Food Basics, Arzon Food Market and Khorak Supermarket are just an easy 11-minute walk away.

    Planning for your future is easy with RBC Royal Bank and First Swiss Financial Group in the area.

    There are plenty of parks nearby to keep your family busy, including Fairchild Parkette and Centre Park, which are less than 10 minutes away by foot.

    Those who love to shop will appreciate all the options nearby with Yonge Connaught Plaza, Whohou Marketplace and Iranian Plaza just 9 minutes from here.

    Art and culture seekers can enjoy amazing attractions nearby like Irena Art Gallery, Pars Art Gallery and Centre Rug Gallery, less than 9 minutes walking distance from here.

    There are plenty of nearby school choices — Lillian Public School, Pleasant Public School and McKee Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Newtonbrook is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending Unionville Academy, Drewry Secondary School and Horizons Secondary School. And you’ll have peace of mind they’re nearby!

    Transportation

    If you commute by public transit then the Newtonbrook neighbourhood is a great choice, as you’ll find the Drewry Ave At Yonge St West Side light transit stop makes it easy to get around. Finch Station is about a 2-minute drive from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 5949 Yonge Street, 37-39 Drewry Avenue and 5791 Yonge Street.

    5940 Yonge Condos Reviews

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    2

    Listings For Sale

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    Listings For Rent

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    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,570
    Average Individual Income
    $67,675
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $115,798
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    51%
    Semi Detached
    20%
    Low Rise Apartment
    12%
    High Rise Apartment
    7%
    Duplex
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Cantonese
    17%
    Mandarin
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    20%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    5940 Yonge Condos vs The Newtonbrook Area

    Days on Strata

    Units at 5940 Yonge Condos spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Newtonbrook

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 41 condos in the Newtonbrook area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    5940 Yonge Condos offers the
    ?
    best value out of 41 condos in the Newtonbrook neighbourhood

    Appreciation Rank

    5940 Yonge Condos has the
    ?
    highest ROI out of 41 condos in the Newtonbrook neighbourhood

    Rental Yield

    5940 Yonge Condos yields the
    ?
    highest rent prices out of 41 condos in the Newtonbrook neighbourhood

    High Demand

    5940 Yonge Condos is the
    ?
    most popular building out of 41 condos in the Newtonbrook neighbourhood

    Transaction Insights at 5940 Yonge Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$475,000No Data$535,000 - $597,000No Data
    Avg. Cost Per Sqft$873No Data$674No Data
    Avg. Wait for Unit Availability281 Days277 Days143 Days73 Days
    Ratio of Units in Building34%11%52%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in Newtonbrook