5785 Yonge Street
Building Details
Listing History for Place Nouveau I Condos
Amenities
Maintenance Fees
About 5785 Yonge Street — Place Nouveau I Condos
Anyone who’s seeking a Toronto condo for sale should consider Place Nouveau I Condos at 5785 Yonge Street. Menkes completed this building back in 1988, but unlike other buildings of that age, maintenance fees are higher than average at $0.75 per-square-foot. The 15-storey building is home to 126 suites with units ranging between 743 and 1750 square feet.
This condo has a Walk Score of 86 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.75 per-square-foot, which is lower than the neighbourhood average of $0.80 per-square-foot.
The Suites
We’ve aggregated a number of stats at 5785 Yonge Street. Here are some highlights: In the past 12 months, 5 units have sold, and 5 have been rented. Meanwhile, property values here have decreased by 4.4%.
Units at Place Nouveau I Condos have a medium likelihood of receiving more than one offer, and on average they sell for -1.03% below the listed price. Suites here have an average cost per-square-foot of $596 based on sales over the past 12 months, and the median time a unit spends on the market is 30 days.
The Neighbourhood
Those who call this condo home never have to travel far for dining out, as Jung Soo Nae Restaurant, Burrito Place and Mr. Souvlaki are all within 6 minutes walking distance from 5785 Yonge Street. There’s always time for coffee with Timothy's World Coffee, Tim Hortons and Starbucks a short 8-minute walk away.
There are a number of grocery stores within a short drive, including Food Basics, Arzon Food Market and Khorak Supermarket.
Residents here can stop by RBC Royal Bank and First Swiss Financial Group on their way home from work, so they can take care of their financial needs.
Having Bishop Park and Silverview Park within 7 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.
Like to shop? Everything you need is close by when you live at 5785 Yonge Street, including Yonge Connaught Plaza, Whohou Marketplace and Iranian Plaza which are only 2 away.
When the weekend rolls around, Irena Art Gallery, Pars Art Gallery and Centre Rug Gallery are within a short 2-minute drive away. Cineplex Cinemas Empress Walk is just a short drive away for movie nights.
There are plenty of nearby school choices — McKee Public School, Lillian Public School and Pleasant Public School — with more in neighbouring areas so you can find the best school for your child’s needs. This location is a great choice for families who are seeking top-notch educational institutions like Horizons Secondary School, Jonas High School and Avondale Secondary Alternative School.
Transportation
If you commute by public transit then the Newtonbrook neighbourhood is a great choice, as you’ll find the 5800 Yonge St light transit stop makes it easy to get around. Those in the area live roughly 1 minutes walk distance from Finch Station, making it easy to get around.
In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5765 Yonge Street, 5793 Yonge Street and 5795 Yonge Street.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Place Nouveau I Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 5785 Yonge Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed + Den | |
---|---|---|---|---|---|
Price Range | $541,000 | No Data | No Data | $570,000 - $785,000 | No Data |
Avg. Cost Per Sqft | $721 | No Data | No Data | $604 | No Data |
Price Range | No Data | No Data | No Data | $3,150 - $3,450 | No Data |
Avg. Wait for Unit Availability | No Data | 377 Days | 1324 Days | 59 Days | No Data |
Avg. Wait for Unit Availability | No Data | 259 Days | 440 Days | 60 Days | No Data |
Ratio of Units in Building | 3% | 13% | 8% | 77% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Newtonbrook