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Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Lansing-Westgate. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $695,000 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.
Welcome to this spacious and well-appointed condo at 4978 Yonge Street, Unit #1103, located in the prestigious Ultima North Condominiums in the heart of the vibrant Yonge-Sheppard district. Offering approximately 990 sq. ft. of bright living space, this thoughtfully designed suite features 2 bedrooms plus a versatile den, ideal for a home office or guest space, along with an open-concept living and dining area with hardwood floors and a walk-out to a private balcony showcasing clear east-facing city and skyline views. The functional kitchen includes a breakfast bar and stainless-steel sink, while the spacious primary bedroom offers a walk-in closet and ensuite bath. Additional highlights include ensuite laundry, built-in California shelving and desk in the den, one underground parking space, and an owned locker. Residents enjoy premium building amenities such as a concierge, indoor pool, gym, sauna, guest suites, party/meeting room, and rooftop deck. Perfectly positioned steps from both North York Centre TTC Station and Sheppard-Yonge TTC Station, commuting across the city is effortless. Just next door is the lively Mel Lastman Square, home to seasonal skating, community events, the North York Civic Centre, the Toronto Public Library - North York Central Library, and the renowned Meridian Arts Centre. Daily conveniences are moments away at Empress Walk, featuring shops, dining, and a Cineplex Cinemas Empress Walk. Families will appreciate proximity to top schools including Cardinal Carter Academy for the Arts, Claude Watson School for the Arts, Rutherford Private School, and Milestone Private School. Outdoor recreation is close by with green spaces such as Willowdale Park, Gibson Park, and Albert Standing Park, along with a variety of nearby faith-based institutions. This is a rare opportunity to own a spacious condo in one of North York's most dynamic and convenient urban hubs.
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Library, Public Transit, Rec./Commun.Centre, School, Arts Centre, School Bus Route
Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Guest Accommodations, Separate Heating Controls
Carbon Monoxide Detectors, Smoke Detector, Alarm System, Concierge/Security
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This could be the first listing for this address.
Data-driven valuation for 4978 Yonge Street 1103, Toronto C07, ON M2N 7G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $695,000 in Toronto, the legal minimum down payment is $44,500 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 $10,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,375 also applies, bringing the total estimated land transfer taxes to $20,750.
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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.