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 | 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. Transit: A 10-minute walk to Finch Station (TTC/GO/YRT) and steps from groceries and parks. NEW STEELES station in 2030! 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.
2 bedrooms, 1 bathroom, about 900 sq ft, works out to roughly $361 per square foot. Chat with Zara if you'd like a deeper read on whether this co-op fits your budget and timing.
Inside 5949 Yonge St #1608
Every detail from the listing, in one place.
Type
Co-op
Style
Apartment
Living space
900-999 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Co-Ownership Apartment
5949 Yonge St #1608 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,597
/mo
based on the purchase price of $324,999
$65,000 cash
$259,999 financed
$218,987 total interest
Principal54%$259,999
Interest46%$218,987
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $325K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5041.4%On average, homes sold at or above asking.
Active listings13,531Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,408 sales from Jul 17 – Oct 15, 2026 (6,681 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 1 for rent at 5949 Yonge St — plus its sale and lease history.
5949 Yonge St #1608 is listed at $324,999 (MLS® C13619866). Summitly updates the price as soon as the MLS® record changes.
Is $324,999 a good price for 5949 Yonge St #1608?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5949 Yonge St #1608 changed?
Yes — it was first listed at $350,000 and is now $324,999, a drop of $25,001 (7.1%).
How many bedrooms and bathrooms does 5949 Yonge St #1608 have?
5949 Yonge St #1608 has 2 bedrooms and 1 bathroom, with about 900–999 square feet of living space. It is a co-op in Toronto.
Is 5949 Yonge St #1608 close to transit?
The nearest rapid-transit station is Finch Station (Line 1), about 720 m (about a 9-minute walk) in a straight line. North York Centre Station is about 2.1 km, and Sheppard-Yonge Station is about 3.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5949 Yonge St #1608?
About $1,597 a month — principal and interest on $324,999 with 20% down ($65,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5949 Yonge St #1608 compare with other homes in Toronto?
Its asking price of $324,999 is about 62% below the median sold price in Toronto over the last 90 days, $848,884, across 9,408 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5949 Yonge St #1608 been sold before?
Summitly has no earlier MLS® sale or lease of 5949 Yonge St #1608 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5949 Yonge St #1608?
5949 Yonge St #1608 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5949 Yonge St #1608 been on the market?
77 days — 5949 Yonge St #1608 was listed on July 30, 2026.
What is the price per square foot of 5949 Yonge St #1608?
About $325 to $361 per square foot: the asking price of $324,999 over the 900–999 sq ft the listing gives as its size range.
Does 5949 Yonge St #1608 have parking or a garage?
