4968 Yonge Street Unit 3505, Toronto C07

Price: $739,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C13778882

An Exceptional Opportunity For First-Time Buyers & Growing Families! This spacious 3-bedroom, 2-bathroom suite in the "Ultima at Broadway" condo offers approximately 990 sq. ft. of comfortable, open-concept living in the heart of North York. Laminate and ceramic flooring flow throughout, while the kitchen features Corian countertops, a ceramic backsplash and stainless steel fridge, stove & microwave. The kitchen connects seamlessly with the combined living and dining areas, creating a bright, functional setting for everyday living and entertaining. Walk out from the living room to the open balcony and enjoy high breath-taking panoramic city and skyline views. The generous primary bedroom showcases floor-to-ceiling windows, a walk-in closet and private 4-piece ensuite. The second bedroom also features floor-to-ceiling windows and a double sliding-door closet, while the versatile third bedroom offers its own double closet and can serve as a child's room, guest room or home office. A second 4-piece bathroom and convenient in-suite laundry closet complete the suite. One owned underground parking space with an auto garage door opener remote and one owned locker are included, with water and parking covered by the maintenance fee. Residents enjoy amenities like concierge service, an exercise room, indoor pool, sauna, games room, guest suites and visitor parking. Nearby green spaces include Gibson Park, Princess Park, Lee Lifeson Art Park and Willowdale Park. Surrounded by a selection of schools like Cardinal Carter Academy, Claude Watson School, Earl Haig Secondary School, Willowdale Middle School & more close by. Enjoy easy access to shops, restaurants, Cineplex, Meridian Arts Centre, Toronto Public Library, Mel Lastman Square, underground walkway from Empress Walk to Sheppard Centre. Steps from North York Centre and Sheppard-Yonge TTC stations and minutes from Highway 401, this prime location provides easy travel throughout Toronto and across the GTA.

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active
New Listing

$739,000 - 4968 Yonge Street Unit 3505, Willowdale

Condo for Sale in Willowdale

New — Listed 2 days ago

Neighbourhood: Lansing-Westgate

3Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
C13778882
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Thornhill / Willowdale
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

An Exceptional Opportunity For First-Time Buyers & Growing Families! This spacious 3-bedroom, 2-bathroom suite in the "Ultima at Broadway" condo offers approximately 990 sq. ft. of comfortable, open-concept living in the heart of North York. Laminate and ceramic flooring flow throughout, while the kitchen features Corian countertops, a ceramic backsplash and stainless steel fridge, stove & microwave. The kitchen connects seamlessly with the combined living and dining areas, creating a bright, functional setting for everyday living and entertaining. Walk out from the living room to the open balcony and enjoy high breath-taking panoramic city and skyline views. The generous primary bedroom showcases floor-to-ceiling windows, a walk-in closet and private 4-piece ensuite. The second bedroom also features floor-to-ceiling windows and a double sliding-door closet, while the versatile third bedroom offers its own double closet and can serve as a child's room, guest room or home office. A second 4-piece bathroom and convenient in-suite laundry closet complete the suite. One owned underground parking space with an auto garage door opener remote and one owned locker are included, with water and parking covered by the maintenance fee. Residents enjoy amenities like concierge service, an exercise room, indoor pool, sauna, games room, guest suites and visitor parking. Nearby green spaces include Gibson Park, Princess Park, Lee Lifeson Art Park and Willowdale Park. Surrounded by a selection of schools like Cardinal Carter Academy, Claude Watson School, Earl Haig Secondary School, Willowdale Middle School & more close by. Enjoy easy access to shops, restaurants, Cineplex, Meridian Arts Centre, Toronto Public Library, Mel Lastman Square, underground walkway from Empress Walk to Sheppard Centre. Steps from North York Centre and Sheppard-Yonge TTC stations and minutes from Highway 401, this prime location provides easy travel throughout Toronto and across the GTA.

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Estimate your monthly payments for this property

Estimated Payment

$3,791.45/mo

Includes CMHC insurance ($20,618)

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5-yr fixed avg.

Principal: $665,100Interest: $451,718
Mortgage Amount$685,718
Total Interest$451,718
Est. Property Tax$523/mo
Total Cost$1,137,436

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Lansing-Westgate

Discover Lansing-Westgate

Lansing-Westgate is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Lansing-Westgate

  • Convenient location in Thornhill / Willowdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Lansing-Westgate offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

4968 Yonge Street Unit 3505, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$523
Insurance (est.)-$154
Net Cash Flow+$1,418

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $821/sqft, this property is priced in line with current Willowdale market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Lansing-Westgate

I know Lansing-Westgate well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    4968 Yonge Street Unit 3505 | $739,000 | Battaglia Team