2009-4978 Yonge Street, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13832660

$769,000
For Sale
Listed 22 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome To Ultima By Menkes, Ideally Located In The Heart Of North York.
  • The Spacious Open-Concept Living And Dining Area Is Enhanced By Hardwood Flooring, Large Windows, Abundant Natural Light, And Impressive City Views.
  • The Primary Bedroom Includes A Generous Walk-In Closet, While The Private Balcony Provides The Perfect Place To Relax And Enjoy The Surroundings.
  • Exceptional Building Amenities Include 24-Hour Concierge And Security, Indoor Pool, Fitness Centre, Sauna, Guest Suites, Billiards Room, Golf Centre, Party Room, And...

Welcome To Ultima By Menkes, Ideally Located In The Heart Of North York. This Bright And Beautifully Maintained Three-Bedroom Corner Suite Features A Highly Desirable Split-Bedroom Layout, Offering Excellent Privacy And Functionality. The Spacious Open-Concept Living And Dining Area Is Enhanced By Hardwood Flooring, Large Windows, Abundant Natural Light, And Impressive City Views. The Primary Bedroom Includes A Generous Walk-In Closet, While The Private Balcony Provides The Perfect Place To Relax And Enjoy The Surroundings. Residents Enjoy Direct Underground Access To North York Centre And Sheppard-Yonge Subway Stations, With North York Civic Centre, Mel Lastman Square, Empress Walk, Restaurants, Grocery Stores, Shops, Entertainment, And Everyday Conveniences Just Steps Away. Minutes To Highway 401. Exceptional Building Amenities Include 24-Hour Concierge And Security, Indoor Pool, Fitness Centre, Sauna, Guest Suites, Billiards Room, Golf Centre, Party Room, And Ample Visitor Parking. An Outstanding Opportunity In One Of North York's Most Convenient Locations! ***Some Photos Virtually Staged***

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13832660
Bedrooms
3
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Yonge / Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,055/mo
Exposure
North West
Property tax
$3,599 / 2026
Days on market
22
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Dining RoomMain5.58 × 3.35 m

hardwood floor · combined w/living

KitchenMain2.44 × 2.44 m

granite floor · open concept · breakfast bar

Primary BedroomMain3.32 × 3.96 m

walk-in closet(s) · 4 pc ensuite · nw view

Bedroom 2Main2.44 × 2.44 m

b/i closet · window · west view

Living RoomMain5.58 × 3.35 m

hardwood floor · w/o to balcony · west view

Bedroom 3Main3.05 × 3.05 m

b/i closet · window · west view

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.

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.

Bayview Village
$543K
Annex
$1.03M
North St. James Town
$649K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K

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
$3,505/mo
$166KIncome needed
4.6×Price ÷ income
$809Weekly cost
$23,710Land 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 $3,505Property tax $300Condo fee $1,055Total carry $4,859

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)
$3,402per month

Mortgage amount $615,200 · 4.49% over 25 years

$153,800Down payment (20.0%)
$615,200Loan before insurance
$0CMHC premium
$4,756Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,402
Property tax
$300
Condo / maintenance fees
$1,055
Heating
$0
Estimated monthly cost
$4,756

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

One-time closing costs

Ontario land transfer tax
$11,855
Toronto municipal land transfer tax
$11,855
Estimated closing costs
$23,710

Plus your down payment of $153,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,117/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

$405,264Total interest paid
$1,020,464Total of all payments
Principal $615,200 Interest $405,264
YearPrincipalInterestBalance
1$13,729$27,090$601,471
2$14,352$26,467$587,119
3$15,004$25,815$572,116
4$15,685$25,134$556,431
5$16,397$24,422$540,034
6$17,141$23,677$522,892
7$17,920$22,899$504,973
8$18,733$22,085$486,239
9$19,584$21,235$466,655
10$20,473$20,345$446,182
11$21,403$19,416$424,779
12$22,375$18,444$402,405
13$23,390$17,428$379,014
14$24,452$16,366$354,562
15$25,563$15,256$328,999
16$26,723$14,095$302,276
17$27,937$12,882$274,339
18$29,205$11,613$245,134
19$30,531$10,287$214,603
20$31,917$8,901$182,686
21$33,367$7,452$149,319
22$34,881$5,937$114,438
23$36,465$4,353$77,973
24$38,121$2,698$39,852
25$39,852$967$0

At the end of your 5-year term

Total paid over the term
$204,093
Principal paid down
$75,166
Interest paid
$128,927
Balance remaining
$540,034

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$3,400/mo
$40,800Gross annual rent
2.5%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.

5.3%
Gross yield
− Property tax $3,599− Condo fees $12,656− Insurance $600− Vacancy & upkeep $4,488Net operating income $19,457

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.

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