4968 Yonge Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Lansing-Westgate. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $549,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Air Exchanger
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime Location! Yonge & Sheppard - live in Toronto's other downtown! Super easy subway ride to Torontos core on the Subway Line 1. Sheppard Line and GO station at Finch are all nearby.There is direct access underground to the PATH to get to BOTH subway stations without having to walk outside during the cold months! Min away on foot, you have major grocery stores, Empress Walk, cinemas, shopping, restaurants and North York Civic Centre. This condo is built by Menkes and managed by Del (Tridel) - in my opinion, both are amongst the top 3 condo developers in Toronto over the past few decades. Quality build, well run.Roomy 695 Sq Ft + 119 Sq Ft large balcony. East facing - Very bright unit, facing bustling Yonge St but high in the sky so city noise isn't an issue. Building was registered in 2006, so HVAC is due to be upgraded by owners. This Owner just purchased a brand new Heat Exchanger - nearly $8,000 value! - and had it installed in Jan 2025. 5 year warranty for peace of mind and it will last for many years after that.The dishwasher is also recent, installed new in 2023. The Den is a proper Room and not just an alcove - has a door for privacy and can easily be used as a 2nd Bedroom. Prime Bedroom has a sizeable closet and looks out onto the bright balcony. Living/Dining area is roomy and bright, plenty of room for both your couch and dining furniture.Kitchen is an efficient U shape, with a breakfast bar for easy meals. Parking and Locker are also included. Amenities in both buildings are accessible and include Indoor Pool, Gym, Indoor Golf, 24 Hr Concierge, Visitor Parking, Guest Suites and more. A great place to live and make your home! Or, retain the tenants who have been super reliable for several years!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4968 Yonge Street 2507, Toronto C07, ON M2N 7G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $549,900 in Toronto, the legal minimum down payment is $29,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,473 also applies, bringing the total estimated land transfer taxes to $14,946.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
