3505-4968 Yonge Street, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13778882

$739,000
For Sale
Listed 36 days agoNo offer date stated
3Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • An Exceptional Opportunity For First-Time Buyers & Growing Families.
  • This spacious 3-bedroom, 2-bathroom suite in the "Ultima at Broadway" condo offers approximately 990 sq. ft. of comfortable, open-concept living in the heart of North...
  • The generous primary bedroom showcases floor-to-ceiling windows, a walk-in closet and private 4-piece ensuite.
  • A second 4-piece bathroom and convenient in-suite laundry closet complete the suite.
  • Residents enjoy amenities like concierge service, an exercise room, indoor pool, sauna, games room, guest suites and visitor parking.

An Exceptional Opportunity For First-Time Buyers & Growing Families! This spacious 3-bedroom, 2-bathroom suite in the "Ultima at Broadway" condo offers approximately 990 sq. ft. of comfortable, open-concept living in the heart of North York. Laminate and ceramic flooring flow throughout, while the kitchen features Corian countertops, a ceramic backsplash and stainless steel fridge, stove & microwave. The kitchen connects seamlessly with the combined living and dining areas, creating a bright, functional setting for everyday living and entertaining. Walk out from the living room to the open balcony and enjoy high breath-taking panoramic city and skyline views. The generous primary bedroom showcases floor-to-ceiling windows, a walk-in closet and private 4-piece ensuite. The second bedroom also features floor-to-ceiling windows and a double sliding-door closet, while the versatile third bedroom offers its own double closet and can serve as a child's room, guest room or home office. A second 4-piece bathroom and convenient in-suite laundry closet complete the suite. One owned underground parking space with an auto garage door opener remote and one owned locker are included, with water and parking covered by the maintenance fee. Residents enjoy amenities like concierge service, an exercise room, indoor pool, sauna, games room, guest suites and visitor parking. Nearby green spaces include Gibson Park, Princess Park, Lee Lifeson Art Park and Willowdale Park. Surrounded by a selection of schools like Cardinal Carter Academy, Claude Watson School, Earl Haig Secondary School, Willowdale Middle School & more close by. Enjoy easy access to shops, restaurants, Cineplex, Meridian Arts Centre, Toronto Public Library, Mel Lastman Square, underground walkway from Empress Walk to Sheppard Centre. Steps from North York Centre and Sheppard-Yonge TTC stations and minutes from Highway 401, this prime location provides easy travel throughout Toronto and across the GTA.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13778882
Bedrooms
3
Bathrooms
2
Size
900-999 sq ft
Cross streets
Yonge St. & Sheppard Ave. W.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,009/mo
Exposure
East
Property tax
$3,353 / 2026
Days on market
36
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Primary BedroomFlat3.22 × 5.42 m

walk-in closet(s) · window floor to ceiling · 4 pc ensuite

LaundryFlat0.97 × 0.94 m

ceramic floor · combined w/laundry

Living RoomFlat3.12 × 2.60 m

open concept · laminate · w/o to balcony

Dining RoomFlat3.95 × 2.78 m

combined w/living · laminate · open concept

BathroomFlat1.68 × 0.94 m

4 pc bath · ceramic floor · b/i vanity

LaundryMain

Ceramic Floor

Bedroom 3Flat2.76 × 2.28 m

double closet · laminate · stucco ceiling

Bedroom 2Flat2.75 × 4.73 m

double closet · laminate · window floor to ceiling

KitchenFlat2.40 × 2.76 m

corian counter · ceramic floor · stainless steel appl

BathroomFlat2.41 × 1.56 m

4 pc bath · ceramic floor · b/i vanity

Our TakeTeam Asgarian · Broker
A small discount is typical
$720Klikely sale price

Listed at $739,000. Going by how homes in Lansing-Westgate and the wider GTA have actually closed against their asking prices (about 97%, 19 local closings in 90 days), the likely sale price is near $720K, if it sells. A realistic range is $678K to $779K.

Independent value check: $632K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $588K and $664K).

Why $632K. The typical condo sold in Lansing-Westgate over the past year went for about $612K (81 sales). What sets this one apart:

  • ▲ Raises it slightlyIt is 900 to 999 sq ft; the typical home sold here is 800 to 899.
List price
$678KBelow recent closings$779KAbove recent closings

Total price vs nearby homes. Likely closing about $720K, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$590Kmedian sold price
97%of asking, on average
−13%prices vs a year ago
~33 dayshomes like this take to sell
36days on market so far
$3,215/moest. rent · 39 leases
5.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 10 condo apartment homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $778/sqft against an area asking average of $750/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $624K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($778/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 22 homes sold in this building over the past two years, from 175 closings in Lansing-Westgate.

Sold price trend

Median sold price for condos in Lansing-Westgate: $516K in September 2026, down 4% from a year ago, on 70 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$695K9
November 2025$589K8
March 2026$700K9
May 2026$626K12
June 2026$692K12
July 2026$690K8
August 2026$624K6
September 2026$516K6

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
$579K
Yorkdale-Glen Park
$631K
Mount Pleasant West
$639K
Bay Street Corridor
$479K
Church-Yonge Corridor
$659K

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 elementary0.3 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 elementary1.8 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
$3,368/mo
$159KIncome needed
4.6×Price ÷ income
$777Weekly cost
$22,510Land 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.

72%mortgage
Mortgage $3,368Property tax $279Condo fee $1,009Total carry $4,656

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,269per month

Mortgage amount $591,200 · 4.49% over 25 years

$147,800Down payment (20.0%)
$591,200Loan before insurance
$0CMHC premium
$4,557Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,269
Property tax
$279
Condo / maintenance fees
$1,009
Heating
$0
Estimated monthly cost
$4,557

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

One-time closing costs

Ontario land transfer tax
$11,255
Toronto municipal land transfer tax
$11,255
Estimated closing costs
$22,510

Plus your down payment of $147,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,956/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

$389,454Total interest paid
$980,654Total of all payments
Principal $591,200 Interest $389,454
YearPrincipalInterestBalance
1$13,193$26,033$578,007
2$13,792$25,434$564,215
3$14,418$24,808$549,797
4$15,073$24,153$534,724
5$15,757$23,469$518,966
6$16,473$22,753$502,494
7$17,221$22,005$485,273
8$18,003$21,224$467,270
9$18,820$20,406$448,450
10$19,674$19,552$428,776
11$20,568$18,658$408,208
12$21,502$17,725$386,706
13$22,478$16,748$364,228
14$23,498$15,728$340,730
15$24,565$14,661$316,165
16$25,681$13,545$290,484
17$26,847$12,379$263,637
18$28,066$11,160$235,571
19$29,340$9,886$206,231
20$30,672$8,554$175,559
21$32,065$7,161$143,494
22$33,521$5,705$109,974
23$35,043$4,183$74,931
24$36,634$2,592$38,297
25$38,297$929$0

At the end of your 5-year term

Total paid over the term
$196,131
Principal paid down
$72,234
Interest paid
$123,897
Balance remaining
$518,966

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
From 39 whole-home leases in Lansing-Westgate$3,215/mo
$38,580Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,054 to $3,376Typical rent range
~22 daysTo find a tenant, on average

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

Talk about the numbers

The last 39 whole-home leases in Lansing-Westgate signed at a median of $2,566 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,215. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.2%
Gross yield
− Property tax $3,353− Condo fees $12,103− Insurance $600− Vacancy & upkeep $4,244Net operating income $18,280

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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