4978 Yonge Street Unit 2009, Toronto C07

Price: $769,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13832660

Welcome To Ultima By Menkes, Ideally Located In The Heart Of North York. This Bright And Beautifully Maintained Three-Bedroom Corner Suite Features A Highly Desirable Split-Bedroom Layout, Offering Excellent Privacy And Functionality. The Spacious Open-Concept Living And Dining Area Is Enhanced By Hardwood Flooring, Large Windows, Abundant Natural Light, And Impressive City Views. The Primary Bedroom Includes A Generous Walk-In Closet, While The Private Balcony Provides The Perfect Place To Relax And Enjoy The Surroundings. Residents Enjoy Direct Underground Access To North York Centre And Sheppard-Yonge Subway Stations, With North York Civic Centre, Mel Lastman Square, Empress Walk, Restaurants, Grocery Stores, Shops, Entertainment, And Everyday Conveniences Just Steps Away. Minutes To Highway 401. Exceptional Building Amenities Include 24-Hour Concierge And Security, Indoor Pool, Fitness Centre, Sauna, Guest Suites, Billiards Room, Golf Centre, Party Room, And Ample Visitor Parking. An Outstanding Opportunity In One Of North York's Most Convenient Locations! ***Some Photos Virtually Staged***

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active

$769,000 - 4978 Yonge Street Unit 2009, Willowdale

Condo for Sale in Willowdale

Popular Listing

Neighbourhood: Lansing-Westgate

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
C13832660
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Thornhill / Willowdale
Taxes (2026)
$3,599
Maintenance Fees
$1,055/mo
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Welcome To Ultima By Menkes, Ideally Located In The Heart Of North York. This Bright And Beautifully Maintained Three-Bedroom Corner Suite Features A Highly Desirable Split-Bedroom Layout, Offering Excellent Privacy And Functionality. The Spacious Open-Concept Living And Dining Area Is Enhanced By Hardwood Flooring, Large Windows, Abundant Natural Light, And Impressive City Views. The Primary Bedroom Includes A Generous Walk-In Closet, While The Private Balcony Provides The Perfect Place To Relax And Enjoy The Surroundings. Residents Enjoy Direct Underground Access To North York Centre And Sheppard-Yonge Subway Stations, With North York Civic Centre, Mel Lastman Square, Empress Walk, Restaurants, Grocery Stores, Shops, Entertainment, And Everyday Conveniences Just Steps Away. Minutes To Highway 401. Exceptional Building Amenities Include 24-Hour Concierge And Security, Indoor Pool, Fitness Centre, Sauna, Guest Suites, Billiards Room, Golf Centre, Party Room, And Ample Visitor Parking. An Outstanding Opportunity In One Of North York's Most Convenient Locations! ***Some Photos Virtually Staged***

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,945.37/mo

Includes CMHC insurance ($21,455)

$
$
5%10%50%

5-yr fixed avg.

Principal: $692,100Interest: $470,055
Mortgage Amount$713,555
Total Interest$470,055
Est. Property Tax$545/mo
Total Cost$1,183,611

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 2009, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$1,055
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$1,000

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 $769/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.

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 $1055/month fees should cover building insurance, common elements, and reserve contributions.

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.

Investment Perspective

Looking at this as an investment: Willowdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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 2009 | $769,000 | Battaglia Team