Sedona Place

Sedona Place offers an exceptional opportunity in the heart of North York, just two blocks north of the Finch Subway. Residents enjoy easy access to shopping plazas, dining, entertainment, parks, schools, and major highways including 401 and 407. This makes Sedona Place one of the most convenient locations in the city.

A Smart Investment

Sedona Place represents one of the best real estate values in the area. Prices are 20% to 30% lower than comparable new condo buildings, starting at less than $250 per square foot. Unlike co-op buildings, Sedona Place is a co-ownership property, giving each owner a deed and PIN number for their unit. Owners enjoy all the rights of condominium ownership, including the ability to sell or rent without board approval. The minimum down payment is just 10%, and buyers avoid the additional CMHC fees required for 15% down on traditional condos.

History & Building Features

Originally built in 1965, Sedona Place is a custom-restored apartment building with extensive renovations. The building spans six to fifteen storeys, depending on the section, and contains 234 fully upgraded units. Renovations include:

• New copper plumbing in kitchens and bathrooms
• Upgraded electrical systems
• Energy-efficient windows and patio doors
• Custom wood kitchens with granite countertops and three black appliances
• In-suite laundry
• Luxury 4-piece bathrooms with soaker tubs, imported ceramic tiles, vanities with drawers, and designer fixtures
• Stained hardwood floors, crown ceiling mouldings, and upgraded closet doors with organizers

These updates make each suite move-in ready while maintaining the charm of a restored mid-century building.

Location Benefits

Sedona Place is located at 5949 Yonge Street, in the Newtonbrook East neighborhood. The area is known for its quiet streets, green spaces, and local amenities, making it attractive for both young professionals and families. The building itself sits just steps from public transit, including the Finch Subway station, ensuring an easy commute to downtown Toronto.

The Suites

Units at Sedona Place range from 553 to 2,400 square feet, offering something for a variety of lifestyles. Maintenance fees average $1.41 per square foot, which is higher than the city average of $0.67, but they include all utilities, making them more manageable.

Over the past 12 months:

• The average price per square foot was $405
• Units spent 54 days on the market
• Sold prices averaged 1.37% below listing
• Eight units rented and four units sold

These statistics indicate a steady market with reasonable demand, making Sedona Place both a comfortable home and a smart investment.

Sedona Place combines location, affordability, and upgraded suites into a unique offering in North York. Whether you’re looking for a first home, an investment property, or a spacious urban retreat, Sedona Place provides all the conveniences of city living at a fraction of the cost of new developments.