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MLS® listing

5858 Yonge Street 1623: condo apartment for sale

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$669,000

2 bedrooms, 2 bathrooms, Condo Apartment · Newtonbrook West · near Yonge St & Finch Ave

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From the listing brokerage

Welcome to 1623-5858 Yonge Street. This brand-new, never-lived-in 2-bedroom, 2-bathroom corner suite offers a functional open-concept layout with desirable south and west exposures. Floor-to-ceiling windows provide plenty of natural light throughout the living space, while the modern kitchen features quartz countertops, contemporary cabinetry and stainless steel appliances. A private balcony extends the living space outdoors, and the suite includes 1 owned parking space.The primary bedroom features floor-to-ceiling windows and a private 4-piece ensuite. A second bedroom and additional full bathroom provide flexibility for family, guests or a home office. Residents have access to a range of building amenities including an outdoor pool, fitness centre, steam room, theatre room, party room and children's playroom. Conveniently located along Yonge Street with easy access to transit, shopping, dining and everyday amenities.

Virtual tour

Facts on the listing

Square feet600-699
Approximate ageNew
StyleApartment
BasementNone
Parking spaces1
GarageUnderground
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$524
Property tax$4,340
Tax year2026
LockerNone
PetsYes-with Restrictions
ExposureSouth West
Fee includesCommon Elements Included, Building Insurance Included
Building amenitiesElevator, Guest Suites, Media Room, Visitor Parking
BalconyOpen
LaundryEnsuite
Interior featuresCarpet Free
FeaturesPark, Place Of Worship, School, Public Transit
ViewClear
Floor16

Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. MLS® C13771648.

About this condo apartment

5858 Yonge Street 1623 is a 2 bedroom condo apartment in TRREB's Newtonbrook West community in Toronto, listed for sale at $669,000. The listing shows 2 bathrooms and 600-699 square feet. The style is given as apartment. The unit faces south west. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is Yonge St & Finch Ave. The age is listed as New years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

Building amenities on the listing: elevator, guest suites, media room and visitor parking.

What it costs to buy 5858 Yonge Street 1623

At the asking price of $669,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$669,000
Ontario land transfer tax$9,855
Toronto municipal land transfer tax$9,855
Both taxes$19,710
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$41,900

The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$524 a month
Property tax (2026)$4,340 a year, about $362 a month
Fee and tax togetherabout $886 a month

The listing says the maintenance fee includes common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $669,000, which is $119,000 above that median.

The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

Toronto neighbourhoods and prices

Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.

Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale

Similar homes for sale in Toronto

Questions about 5858 Yonge Street 1623

How much is land transfer tax on 5858 Yonge Street 1623?

At the asking price of $669,000 the Ontario tax is $9,855 and the Toronto tax is $9,855, $19,710 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 5858 Yonge Street 1623?

$41,900 at the asking price of $669,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 5858 Yonge Street 1623?

The listing shows $524 a month, including common elements and building insurance. Check the current fee in the status certificate.

How much is the property tax on 5858 Yonge Street 1623?

The listing shows $4,340 a year for 2026, about $362 a month.

Is 5858 Yonge Street 1623 priced above or below the median?

It is listed at $669,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $119,000 higher. The median covers all sizes and neighbourhoods.

How do I book a showing for 5858 Yonge Street 1623?

Use the form on this page or call us. Quote MLS® C13771648. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 5858 Yonge Street 1623 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

Send your details and we will get back to you about this listing. The address of this page, with its MLS® number, is sent with your message.

We reply to every message ourselves. Nothing here is legal, tax, mortgage or investment advice.

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