5949
Yonge St #1608
For Sale: $398K ( Co-Ownership)
MLS: #C12896212
Sq. ft. : 964' + 107' Balcony
1 Parking & Locker Room
Layout : 2 Brs + 1 Den | 1 Bathrm
All inclusive Monthly fees: $1,565.19, including Heat, Hydro, Water, Property Taxes, Parking & Maintainence Fee
Worldclass Transit Connectivity
Located on Yonge Street between Highway 401 and 7, this "Walker’s Paradise" offers instant access to TTC, GO, and the future Steeles Subway. Effortlessly reach UofT, York, or TMU within 40 minutes. Includes valuable rental-ready parking.
Why we love it:
All Inclusive & Worry-Free Maintenance
Enjoy total budget certainty with a "One-Bill" lifestyle. Your monthly fee covers Heat, Hydro, Water, and Property Taxes, eliminating hidden costs. Benefit from reliable infrastructure, including central radiant heating and upgraded building security.
Spacious 2 Bedroom Layout
This massive 1,000 sq. ft. retreat features thick, sound-dampening walls and a master suite with a walk-in closet. Unlike older units, it includes ensuite laundry, 100 AMP power, and high-speed 8 Gbps fiber internet option available for a modern lifestyle.
Top Floor with Permanent Views
Enjoy penthouse privacy with no neighbors above. This west-facing retreat offers sun-drenched interiors and breathtaking sunsets, with future-proofed sightlines ensuring your stunning skyline vistas remain unobstructed as the neighborhood grows.
Financing Options
Securing a mortgage is straightforward through specialized Credit Unions and Trusts, such as DUCA, Luminus, Northern Birch, Italian Credit Union, and Equitable Trust etc. These established lenders provide competitive rates, typically requiring a 20–35% down payment.
Co Owenership Apartment
Owning More for Less $
A smarter, more accessible way to achieve Toronto home ownership.
Estoppel Certificate & Freedom from Board Approval
You do not need Board Approval to buy, sell, or lease your unit. An Estoppel Certificate will be provided for buyer to confirm the building’s finances, reserve fund, and insurance are in good standing before the sale is finalized.
One Bill Living
Experience ultimate budget certainty. Your monthly maintenance fee is truly all-inclusive, covering Heat, Hydro, Water, and Property Taxes. Everything is consolidated into one predictable payment, eliminating the stress of separate utility bills or biannual tax payments to the City.
Co-Ownership
You purchase a registered share on the land title, granting exclusive legal rights to your unit, parking, and locker. You also join a Co-ownership Corporation that manages the building’s budget and maintenance, providing the same security as a traditional condo board.
Photo Gallery & Floor Plan
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