2801-4968 Yonge Street, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13033844

$509,000
For Sale
Listed 179 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Experience elevated urban living at Ultima.
  • This beautifully appointed 1-bedroom + den suite offers 700+ sq. ft. of thoughtfully designed interior space, complemented by a private balcony showcasing...
  • The open-concept kitchen is ideal for modern living, featuring a breakfast bar, full-sized appliances, and seamless flow into the living and dining areas-perfect for...
  • Residents also enjoy an exceptional collection of luxury amenities, including an indoor pool, sauna, state-of-the-art fitness centre, golf simulator, 24-hour...

Experience elevated urban living at Ultima! Freshly painted and move in ready. This beautifully appointed 1-bedroom + den suite offers 700+ sq. ft. of thoughtfully designed interior space, complemented by a private balcony showcasing breathtaking 28th-floor views. Complete with parking and locker, this home delivers both style and convenience.The open-concept kitchen is ideal for modern living, featuring a breakfast bar, full-sized appliances, and seamless flow into the living and dining areas-perfect for entertaining or enjoying relaxed evenings at home. What truly sets Ultima apart is its direct access to the TTC, making commuting effortless year-round. Residents also enjoy an exceptional collection of luxury amenities, including an indoor pool, sauna, state-of-the-art fitness centre, golf simulator, 24-hour security, and more. Ideally located just steps to grocery stores, shopping, restaurants, and entertainment, everything you need is right at your doorstep. This is city living at its finest!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13033844
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Yonge and Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$712/mo
Exposure
West
Property tax
$2,579 / 2025
Days on market
179
Listing brokerage
KELLER WILLIAMS PORTFOLIO REALTY

Rooms

Dining RoomMain4.90 × 3.28 m

laminate · combined w/living

Living RoomMain4.90 × 3.28 m

laminate · w/o to balcony · combined w/dining

DenMain2.45 × 2.14 m

laminate · large closet

BedroomMain6.02 × 2.79 m

laminate · double closet

KitchenMain2.46 × 2.46 m

Ceramic Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Lansing-Westgate · asking prices
$516kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $794/sqft; this home lists at $679/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
509kThis home518k499k530kThis home vs active comparables

Neighbourhood & location

Lansing-Westgate, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$820K
Bayview Village
$554K
Annex
$1.03M
North St. James Town
$649K
Kensington-Chinatown
$600K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Cameron Public School
81%
Cameron Public SchoolPublic · Elementary · 1.4 km awayAbove the GTA average · 81% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Claude Watson School for the Arts · Public elementary0.2 km · 96% at standard
Cardinal Carter Academy for the Arts · Catholic secondary0.3 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.3 km
Earl Haig Secondary School · Public secondary0.7 km · 90% at standard
McKee Public School · Public elementary1.0 km · 86% at standard
Avondale Alternative Elementary School · Public elementary1.2 km · 94% at standard
Avondale Public School · Public elementary1.2 km · 70% at standard
St Cyril Catholic School · Catholic elementary1.3 km · 90% at standard
Churchill Public School · Public elementary1.3 km · 83% at standard
Hollywood Public School · Public elementary1.7 km · 96% at standard
St Gabriel Catholic School · Catholic elementary1.8 km · 70% at standard
St Antoine Daniel Catholic School · Catholic elementary1.9 km · 58% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,320/mo
$112KIncome needed
4.5×Price ÷ income
$535Weekly cost
$13,310Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $2,320Property tax $215Condo fee $712Total carry $3,247

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,251per month

Mortgage amount $407,200 · 4.49% over 25 years

$101,800Down payment (20.0%)
$407,200Loan before insurance
$0CMHC premium
$3,178Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,251
Property tax
$215
Condo / maintenance fees
$712
Heating
$0
Estimated monthly cost
$3,178

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,655
Toronto municipal land transfer tax
$6,655
Estimated closing costs
$13,310

Plus your down payment of $101,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,725/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$268,244Total interest paid
$675,444Total of all payments
Principal $407,200 Interest $268,244
YearPrincipalInterestBalance
1$9,087$17,931$398,113
2$9,500$17,518$388,613
3$9,931$17,087$378,683
4$10,382$16,636$368,301
5$10,853$16,165$357,448
6$11,346$15,672$346,102
7$11,861$15,157$334,241
8$12,400$14,618$321,841
9$12,963$14,055$308,878
10$13,551$13,467$295,327
11$14,166$12,851$281,161
12$14,810$12,208$266,351
13$15,482$11,536$250,869
14$16,185$10,833$234,684
15$16,920$10,098$217,764
16$17,688$9,330$200,076
17$18,491$8,527$181,585
18$19,331$7,687$162,254
19$20,208$6,809$142,046
20$21,126$5,892$120,920
21$22,085$4,932$98,834
22$23,088$3,930$75,746
23$24,136$2,881$51,610
24$25,232$1,786$26,378
25$26,378$640$0

At the end of your 5-year term

Total paid over the term
$135,089
Principal paid down
$49,752
Interest paid
$85,336
Balance remaining
$357,448

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
2.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.7%
Gross yield
− Property tax $2,579− Condo fees $8,548− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,905

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS PORTFOLIO REALTY. MLS®/PropTx.

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