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New5 days ago

808 - 4978 Yonge Street

Lansing-Westgate, Toronto

$495,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Priced to Sell! Welcome to Ultima North, a prestigious Menkes-built condominium in the heart of North York! This spacious 715 sq. ft. 1-bedroom-plus-den suite features one of the building's largest 1+Den layouts and over $20,000 in renovations and upgrades completed in 2025.Enjoy a beautifully renovated kitchen with quartz countertops, breakfast bar, stylish backsplash, modern cabinetry, new sink and stainless steel appliances, including an LG stove, LG microwave/hood vent and Whirlpool dishwasher. New laminate flooring, updated light fixtures and fresh paint throughout make this home truly move-in ready.The enclosed den with a door, closet and ventilation is ideal for a second bedroom or private home office. The bright, open-concept living and dining area leads to a private balcony overlooking a quiet inner courtyard.Enjoy premium amenities, including 24-hour concierge, indoor pool, fitness centre, sauna, virtual golf, billiards, party room, guest suites and ample visitor parking. The building has also undergone upgrades to its lobby, hallways and amenity areas.Unbeatable location with direct underground access to Sheppard-Yonge subway station and convenient indoor access to North York Centre subway station and Empress Walk. Steps to shopping, restaurants, groceries, GoodLife Fitness, parks and entertainment, with easy access to Highway 401.Includes one underground parking space and one locker. Major furniture items, including beds and mattresses, desk and sofa, may also be included in the sale.Don't miss this opportunity! Ideal for end users seeking a stylish, move-in-ready home or investors looking for a prime location with exceptional transit connectivity and a highly functional layout.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$715
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,594
mls© NumberC14130326
Listed ByMARKHAM CENTRE REALTY INC.
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,534
Property tax
$216
Heat allowance
$150
Condo fees, half counted
$357
Housing costs
$3,257 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,000
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,083 / mo
Cash down
$99,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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