4978 Yonge Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Lansing-Westgate. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $538,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
No more shoebox living - enjoy approximately 715 sq feet, the largest 1+1 in the building. Freshly painted and recently renovated with a smart, highly functional layout that lives more like a two room suite. The fully renovated kitchen features quartz countertops, backsplash, modern cabinetry, and brand-new LG stainless steel stove, LG hood vent/microwave and Whirlpool stainless steel dishwasher, installed as part of the recent renovation. New vinyl plank flooring flows seamlessly into the living space, complemented by brand new light fixtures in the living room and bathroom. The enclosed den functions as a true second room, complete with a full door and closet, and was previously used as a bedroom - a rare and valuable layout not often found in 1+1 units. Enjoy full-service amenities including indoor pool, gym, sauna, virtual golf, billiards, party room, guest suites, visitor parking, and 24 hour concierge. The building has been recently upgraded with renovated hallways, concierge area, and amenities. Perfectly located in the heart of North York, with direct underground access to North York Centre Station and Sheppard Station. Steps to shopping, dining, and entertainment, with quick access to Highway 401. Owner occupied, exceptionally well maintained, and move-in ready. Includes parking and locker.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4978 Yonge Street 808, Toronto C07, ON M2N 7G8
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 $538,000 in Toronto, the legal minimum down payment is $28,800 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 $7,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,235 also applies, bringing the total estimated land transfer taxes to $14,470.
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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.
