$398,000 - 5949 Yonge Street Unit 1608, Willowdale
Condo for Sale in Willowdale
90 days on market- MLS Number
- C12896212
- Property Type
- Condo
- Status
- active
- Days on Site
- 90
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Willowdale / Newtonbrook
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Panoramic Penthouse View at 5949 Yonge St. (Sedona Place). Elevated living in the heart of Yonge & Finch. Near the NEW Steels Station. This top-floor suite offers a bright, functional space topped with an open balcony and sweeping panoramic views. No Board Approval needed. It is a co-ownership building, buyer buying a registered share of the entire building(your ownership is on title), along with the exclusive right to live in your unit, use your car park and locker room. Approx. 964 sq. ft. + 107 sq. ft. | 1 Parking | Outdoor: Open Balcony with Unobstructed Views | 2 Beds + Den | 1 Bath | 1 Locker Room on Basement. New underground parking coming in 2032. The monthly maintenance fee, $1565.19 includes building maintenance and common expenses, parking, utilities, and property taxes -> simplifying ownership with one steady payment. Why we love it: 1.Top-Floor Advantage: Rare penthouse-level positioning with no neighbors above and unmatched vistas. 2.Space to Grow: Two true bedrooms plus a versatile den-perfect for a home office or nursery with balcony walk-out. 3.All-In Ownership: Monthly maintenance covers utilities, parking, locker, building upkeep, and property taxes. 4.Seamless Transit: A 10-minute walk to Finch Station (TTC/GO/YRT) and steps from groceries and parks. Experience high-floor tranquility at a price point that makes sense. Financing is available through credit unions - ask us! We are helpful and can provide details.
Estimate your monthly payments for this property
Estimated Payment
$2,041.95/mo
Includes CMHC insurance ($11,104)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Willowdale / Newtonbrook
Willowdale / Newtonbrook is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Willowdale / Newtonbrook
- •Convenient location in Willowdale / Newtonbrook
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Willowdale / Newtonbrook offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
5949 Yonge Street Unit 1608, Willowdale / Newtonbrook
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $442/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 90 days on site, this property has exceeded the typical selling timeline for Willowdale. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.