4978 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 concrete construction, this residence presents an exceptional opportunity offered at $529,000 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 600-699 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
Vacant and Ready to Move-In. This is where Luxury, Convenience, Safety and Affordability meet in Perfect Harmony. Sitting on a higher levels of Ultima Building With Clear Views of East. This Vacant & Upgraded suite in the prestigious and newly renovated Ultima Tower is located in the heart of North Yorks vibran core. Offering direct underground access to the subway, Sheppard Centre, groceries, dining, entertainment, and everyday conveniences, this residence combines unmatched urban accessibility with modern comfort no need to step outside during Torontos cold winters.Perched on the 32nd floor, one of the highest and rarely available levels in the building, this east-facing unit boasts panoramic, unobstructed views, flooding the space with natural light by day and offering a breathtaking city skyline by night. Unlike lower-floor units that face other buildings, this suite offers complete privacy and a true sense of elevation.The functional open-concept layout features a bright living and dining area with a large window, perfect for everyday living or entertaining. Newer laminate flooring throughout (excluding tiled areas) lends a fresh, modern feel to the space. The spacious den with a door, closet, and ceiling light is ideal as a second bedroom or a quiet home office, providing great versatility.This is a bright, clean, and exceptionally maintained suite in a well-managed building with recently renovated hallways and an upcoming newly designed lobby, adding further appeal and long-term value.Includes one parking space and one locker. Rarely do opportunities arise to own on such a high floor elevate your lifestyle with this spectacular view, exceptional privacy, and premium location.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4978 Yonge Street 3202, 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 $529,000 in Toronto, the legal minimum down payment is $27,900 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 $7,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,055 also applies, bringing the total estimated land transfer taxes to $14,110.
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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.
