4978 Yonge Street Unit 1812, Toronto C07

Price: $368,800

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13848974

Direct Underground Subway Access & Super Value in Prime North York Centre - For just Under $370,000, you can own this 535sqft one-bedroom condo in this pet friendly smoke-free Ultima North Tower. Ideal for first-time buyers on a budget, downsizers/retirees seeking effortless low-maintenance living, minimalists craving an efficient urban footprint, or savvy investors looking for immediate high-demand rental cash flow.Turnkey Living & Fresh Finishes: 100% Move-In Ready: Fresh designer paint and brand-new, durable luxury vinyl plank flooring throughout.Modern Kitchen: Brand-new stainless steel appliance package, sleek cabinetry, and a clean open-concept layout. Practically laid-out 1-bedroom with floor-to-ceiling windows, open balconly for everyday living comfort. Quality built by Menkes, professionally managed on-site by Del Property Management, backed by a massive $7M+ reserve fund for long-term peace of mind. 24-hour concierge/security, fully equipped 24-hr fitness centre, indoor pool, sauna, party room, guest suites, and visitor parking. Walk entirely indoors through the underground concourse straight to Sheppard-Yonge Subway (Lines 1 & 4), Yonge Sheppard Centre, groceries, and dining-never face rain, snow, or freezing winter winds again. Perfect for seniors, non-drivers, and daily TTC & Go bus commuters. Steps to T&T Supermarket, No Frills, Longo's, Shoppers Drug Mart, Dollarama, LCBO, Cineplex Cinemas, and fastfood and restaurants along Yonge. Stroll to Mel Lastman Square, North York Central Library, local parks. Minutes to Hwy 401 & DVP for effortless travel across the GTA. Make your offer today.

4978 Yonge Street Unit 1812 - Condo photo 1 of 39 in Thornhill / Willowdale, Ontario
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active
New Listing
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$368,800 - 4978 Yonge Street Unit 1812, Willowdale

Condo for Sale in Willowdale

New — Listed 3 days ago

Neighbourhood: Lansing-Westgate

1Beds
1Baths
500Sq Ft
Condo

Want to see this home in person?

Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
C13848974
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Thornhill / Willowdale
Taxes (2026)
$2,179
Maintenance Fees
$535/mo
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

Direct Underground Subway Access & Super Value in Prime North York Centre - For just Under $370,000, you can own this 535sqft one-bedroom condo in this pet friendly smoke-free Ultima North Tower. Ideal for first-time buyers on a budget, downsizers/retirees seeking effortless low-maintenance living, minimalists craving an efficient urban footprint, or savvy investors looking for immediate high-demand rental cash flow.Turnkey Living & Fresh Finishes: 100% Move-In Ready: Fresh designer paint and brand-new, durable luxury vinyl plank flooring throughout.Modern Kitchen: Brand-new stainless steel appliance package, sleek cabinetry, and a clean open-concept layout. Practically laid-out 1-bedroom with floor-to-ceiling windows, open balconly for everyday living comfort. Quality built by Menkes, professionally managed on-site by Del Property Management, backed by a massive $7M+ reserve fund for long-term peace of mind. 24-hour concierge/security, fully equipped 24-hr fitness centre, indoor pool, sauna, party room, guest suites, and visitor parking. Walk entirely indoors through the underground concourse straight to Sheppard-Yonge Subway (Lines 1 & 4), Yonge Sheppard Centre, groceries, and dining-never face rain, snow, or freezing winter winds again. Perfect for seniors, non-drivers, and daily TTC & Go bus commuters. Steps to T&T Supermarket, No Frills, Longo's, Shoppers Drug Mart, Dollarama, LCBO, Cineplex Cinemas, and fastfood and restaurants along Yonge. Stroll to Mel Lastman Square, North York Central Library, local parks. Minutes to Hwy 401 & DVP for effortless travel across the GTA. Make your offer today.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,892.14/mo

Includes CMHC insurance ($10,290)

$
$
5%10%50%

5-yr fixed avg.

Principal: $331,920Interest: $225,431
Mortgage Amount$342,210
Total Interest$225,431
Est. Property Tax$261/mo
Total Cost$567,641

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

4978 Yonge Street Unit 1812, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$535
Property Tax (est.)-$261
Insurance (est.)-$77
Net Cash Flow+$927

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

Competitive Pricing

At $738/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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. The $535/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 500 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.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    4978 Yonge Street Unit 1812 | $368,800 | Battaglia Team