211 - 5940 Yonge Street

Introducing an exceptional opportunity to acquire a delightful apartment for sale in Toronto , located at 5940 Yonge Street, Toronto. This bright and spacious one-bedroom unit is situated just minutes north of the bustling Yonge and Finch intersection, making it an ideal choice for first-time home buyers, savvy investors, or those looking to downsize. The apartment is part of a quiet, low-rise building in the sought-after Newtonbrook West community, ensuring a peaceful living environment while still being well-connected to the vibrancy of city life.

As you step into this apartment for sale in Toronto, you will be greeted by a practical and open-concept layout that maximises space and functionality. The living room features large windows that allow natural light to flood the space, creating a warm and inviting atmosphere. With a total of three rooms, including a well-appointed bedroom and a bathroom, this unit is designed to cater to your everyday needs. The absence of a den and family room means that the layout remains uncluttered and efficient, perfect for those who appreciate simplicity.

The kitchen is conveniently located on the main level, providing easy access for meal preparation and entertaining. While there is no additional kitchen, the existing setup is more than adequate for everyday cooking. The apartment is unfurnished, allowing you to personalise the space to reflect your own style and preferences. With central air conditioning to keep you comfortable throughout the year, this apartment for sale in Toronto is designed for modern living.

Although the unit does not feature a pool or a fireplace, it compensates with its prime location and the amenities that surround it. The community of Newtonbrook West is highly sought after, offering easy access to public transit options, including the TTC right at your doorstep. You will find yourself within walking distance of essential services such as No Frills grocery store, recreational centres, parks, and a variety of restaurants. The proximity to Finch Station and the Go Station ensures that commuting to other parts of Toronto or beyond is both convenient and efficient.

For those who rely on their vehicles, this apartment for sale in Toronto comes with one underground parking space, providing secure and easy access to your vehicle. The unit also includes a locker for additional storage, making it easier to keep your living space organised and clutter-free. The building itself is well-maintained, and the community atmosphere is enhanced by the friendly neighbours who share this charming residence.

The address 5940 Yonge Street, Toronto, is strategically located near major highways, including the 401, 407, and 404, making it a commuter's dream. Whether you are heading to work, visiting friends, or exploring the city, the accessibility of this location is unparalleled. The community's amenities, combined with the unit's features, make this apartment an excellent investment opportunity.

It is important to note that the unit is currently tenanted on a month-to-month basis, with a closing preference of 90 days. Potential buyers should be aware that a minimum of 24 hours' notice is required for showings, ensuring that the current tenants are accommodated during the viewing process.

In summary, this apartment for sale in Toronto at 5940 Yonge Street, Toronto, offers a unique blend of comfort, convenience, and community. With its bright and spacious layout, excellent location, and access to essential amenities, this property is not to be missed. Whether you are looking to make it your first home, invest in a rental property, or downsize to a more manageable space, this apartment is poised to meet your needs. Don't hesitate to seize this opportunity to own a piece of the vibrant Toronto real estate market.

Newtonbrook West is a charming and diverse neighbourhood nestled in the northern part of Toronto, characterised by its tranquil residential streets and a mix of mid-century homes and modern developments. The area boasts an array of local amenities, including parks, schools, and shopping centres, making it an ideal location for families and individuals alike. With convenient access to public transport, residents can easily navigate the city while enjoying the peaceful suburban atmosphere. The community is also enriched by its multicultural fabric, offering a variety of dining options and cultural experiences that reflect the vibrant tapestry of Toronto. Whether you’re seeking a quiet retreat or a place to connect with others, Newtonbrook West presents a welcoming environment for all.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of grade levels and language preferences. The closest school is R J Lang Elementary and Middle School, just 0.8 km away, offering grades JK to 8 with a school rating of 5.3. For secondary education, Newtonbrook Secondary School is only 1.0 km from the property, serving grades 9 to 12 and boasting a rating of 6.2. Additionally, St. Paschal Baylon Catholic School, located 1.2 km away, provides an English curriculum for grades JK to 8 and has a commendable rating of 7.2. Other nearby options include Lester B Pearson Elementary School, which offers a French curriculum but has a lower rating of 0, and Brebeuf College, a Catholic secondary school with a rating of 6.3, located 2.0 km away. For those interested in French-language education, Hodan Nalayeh Secondary School, rated 8.4, is situated 4.2 km from the property. Overall, this area offers a diverse selection of public and Catholic schools, ensuring quality education options for families.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 935 residents, with an average household size of 2.5. The community has a median age of 41.4 years, and households earn an average income of $88,000. Notably, 18.8% of the population falls below the low-income threshold. The housing market reflects an average property price of $920,000, with a significant percentage of residents (80.52%) renting their homes. Single individuals make up nearly half of the population at 48.48%, while 42.59% of households include children. The area is characterized by a high immigrant presence, with 75.69% of residents being immigrants, and a well-educated populace, as evidenced by 62.56% holding college or university degrees. Additionally, 36.92% of the population is not participating in the labor force. The housing composition includes a notable proportion of condominiums, accounting for 19.48% of the residences. This demographic snapshot illustrates a diverse and educated community with a mix of families and singles, highlighting both the challenges and opportunities within the local real estate market.