5 Shady Golfway, Flemingdon Park: 1975 Tower Where Fees Cover Everything

5 Shady Golfway is one of the cheapest ways to own a two- or three-bedroom suite of about 1,000 square feet in Toronto. It is a 1975 tower in Flemingdon Park with an indoor pool, a security guard and a fee that covers hydro, heat, cable and parking. At 50 years old, the building’s condition is the whole story, and I want buyers to go in with their eyes open. I’m Jatin Dua, RE/MAX Quantum Realty.

A York Condominium from Flemingdon Park’s first wave

The corporation number tells you the building’s age. YCC-190 was registered in January 1975, less than a decade after Ontario first allowed condominium ownership in 1967, which makes it one of the earlier condominium towers in the city. Many buildings of that generation began life with owners who had never bought a condo before, and the rules and budgets were written for a very different cost of living.

Flemingdon Park itself was planned in 1958 as an “apartment city” on the former Fleming family farm, with occupancy from 1961 and the community completed in the early 1970s by Olympia and York. This building came at the end of that build-out. I could not confirm its developer or architect from a reliable source, so check the declaration if it matters to you.

The street name points to the setting. The Flemingdon Park Golf Club opened in the early 1960s nearby, and the Don Valley and E.T. Seton Park are part of the landscape that defines this side of the neighbourhood.

Roughly 1,000 square feet, two or three bedrooms

Condos.ca lists suites from about 994 to 1,100 square feet, a narrow range that points to a few standard plans repeated up the tower. The current listings describe two-bedroom-plus-den and three-bedroom suites, which is a lot of rooms for that footprint in a 1970s layout.

Those plans have separate kitchens, hallways and modest bathrooms, and many suites will still have original elements. Some owners have renovated heavily, which is why asking prices in the building can vary so much. When you view, look at the windows, the electrical panel, the plumbing and the bathroom fixtures, not just the paint and floors.

For a family, the attraction is obvious: three bedrooms in a staffed building for less than many one-bedrooms downtown. For an investor, rooms rent well, but read the rules on leasing and occupancy before you plan around them.

A fee that includes cable as well as hydro

Condos.ca lists the fee as covering cable TV, air conditioning, common elements, heat, hydro, building insurance, parking and water. That is about as inclusive as condo fees get. Your other housing costs are property tax, internet if cable is not enough, and contents insurance.

Two current listings show fees of roughly $790 to $874 a month. On suites of about 994 to 1,100 square feet, that works out to somewhere around $0.72 to $0.88 per square foot, which is reasonable once you remember that utilities and parking are inside it.

The risk with an all-inclusive fee in an older building is that energy, staffing and repair costs rise for everyone at once. Ask for the fee increases of the last five years and how much of the budget goes to utilities. A cable inclusion is usually a bulk contract, so ask when it renews and whether owners still find it worth paying for.

Flemingdon Park is changing fast

For decades, the area’s landmarks were the Ontario Science Centre and the Don Valley Parkway. The Science Centre closed permanently in June 2024, and Line 5 Eglinton opened in 2026 with three stops in Flemingdon Park. The Ontario Line, under construction, will add stations including an interchange with Line 5 at Don Valley. The data panel on this page covers transit details.

New housing is coming too. The former Celestica site at 844 Don Mills Road is being redeveloped as Crosstown, with a 100,000-square-foot recreation centre, townhomes, condos and retail, and the City has approved a 37-storey building at 25 St. Dennis Drive. That will bring services and investment, and also a lot of new supply, which tends to shift buyers toward newer buildings unless older ones compete on space and price.

Among the lowest prices per square foot in Toronto

Condos.ca puts the building average at about $408 per square foot. That is far below the Toronto condo average, and it reflects the building’s age, its location and the condition of many suites, rather than any shortage of space.

Two suites were listed for sale when I checked, asking roughly $399,000 to $600,000. That wide spread says the building is not one market: condition, renovation, floor and bedroom count move prices a great deal. Do not use a single listing to decide what a suite is worth. A fully renovated suite on a high floor and an original suite lower down can be very different purchases, even with identical floor plans, so I compare like with like before I advise on an offer.

The way to judge value here is total monthly cost against space. Add your mortgage to an all-inclusive fee and compare it with the rent on a similar three-bedroom, or with a smaller, newer condo plus its utilities and parking. Ask me for the building sold report for recent trades as aggregates.

Building specifications

Amenities at 5 Shady Golfway Condos

An indoor pool, sauna, gym and security guard are a lot of building for the price, and they are part of why families stay here. Having a pool in the building is a real advantage in a Toronto winter, especially with children. In a 1975 tower, though, the pool and garage are among the most expensive things to repair, so they belong at the top of your reserve fund questions.

Jatin’s honest take on 5 Shady Golfway Condos

5 Shady Golfway Condos — frequently asked questions

Looking at Leslieville, Riverdale, the Beaches, Danforth and Leaside more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.