1616-4955 Yonge Street, Toronto, ON

Willowdale East, Toronto · MLS® C13858520

$439,000
For Sale
Listed 16 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome To 4955 Yonge St, Unit 1616.
  • This Beautiful 2-Year-New Suite Is Perfectly Located In The Heart Of North York.
  • Featuring A Functional Open-Concept Layout With A Practical Square Design, Wide And Usable Living Area, And No Wasted Space, This Suite Is Ideal For Comfortable...
  • Unbeatable Location Steps To North York Centre, Subway, TTC, Restaurants, Cafes, Shops, Library, Parks, And All Daily Conveniences.
  • Easy Access To Hwy 401 And Downtown Toronto.

Welcome To 4955 Yonge St, Unit 1616! This Beautiful 2-Year-New Suite Is Perfectly Located In The Heart Of North York. Freshly Painted Throughout, This Home Offers A Bright, Modern, And Move-In Ready Living Space In A Newer Building. Featuring A Functional Open-Concept Layout With A Practical Square Design, Wide And Usable Living Area, And No Wasted Space, This Suite Is Ideal For Comfortable Everyday Living Or A Smart Investment. Enjoy Contemporary Finishes, Large Windows, And An Efficient Floor Plan That Maximizes Space And Natural Light. Unbeatable Location Steps To North York Centre, Subway, TTC, Restaurants, Cafes, Shops, Library, Parks, And All Daily Conveniences. Easy Access To Hwy 401 And Downtown Toronto. A Fantastic Opportunity To Own In One Of North York's Most Convenient And Vibrant Communities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13858520
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge St / Sheppard Ave E
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Poured
Maintenance
$446/mo
Exposure
West
Property tax
$3,151 / 2026
Days on market
16
Listing brokerage
BAY STREET INTEGRITY REALTY INC.

Rooms

Dining RoomFlat7.42 × 3.78 m

combined w/living · combined w/kitchen · open concept

KitchenFlat7.42 × 3.78 m

stainless steel appl · combined w/dining · open concept

BedroomFlat3.20 × 3.05 m

w/o to balcony · window floor to ceiling · large closet

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 (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Willowdale East, 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 Finch Public School
72%
Finch Public SchoolPublic · Elementary · 2.4 km awayAround the GTA average · 72% 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 secondary0.2 km · 92% at standard
Cardinal Carter ES · Catholic elementary0.2 km
Earl Haig Secondary School · Public secondary0.6 km · 90% at standard
McKee Public School · Public elementary1.0 km · 86% at standard
Avondale Alternative Elementary School · Public elementary1.1 km · 94% at standard
Avondale Public School · Public elementary1.1 km · 70% at standard
Willowdale Middle School · Public elementary1.2 km · 78% at standard
St Edward Catholic School · Catholic elementary1.3 km · 89% at standard
St Cyril Catholic School · Catholic elementary1.3 km · 90% at standard
Churchill Public School · Public elementary1.4 km · 83% at standard
Cameron Public School · Public elementary1.5 km · 81% at standard

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

Affordability & Mortgage

Affordability
$2,001/mo
$97KIncome needed
4.5×Price ÷ income
$462Weekly cost
$10,510Land 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.

74%mortgage
Mortgage $2,001Property tax $263Condo fee $446Total carry $2,710

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)
$1,942per month

Mortgage amount $351,200 · 4.49% over 25 years

$87,800Down payment (20.0%)
$351,200Loan before insurance
$0CMHC premium
$2,650Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,942
Property tax
$263
Condo / maintenance fees
$446
Heating
$0
Estimated monthly cost
$2,650

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

One-time closing costs

Ontario land transfer tax
$5,255
Toronto municipal land transfer tax
$5,255
Estimated closing costs
$10,510

Plus your down payment of $87,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,350/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

$231,354Total interest paid
$582,554Total of all payments
Principal $351,200 Interest $231,354
YearPrincipalInterestBalance
1$7,837$15,465$343,363
2$8,193$15,109$335,170
3$8,565$14,737$326,604
4$8,954$14,348$317,650
5$9,361$13,942$308,290
6$9,786$13,517$298,504
7$10,230$13,072$288,274
8$10,694$12,608$277,580
9$11,180$12,122$266,400
10$11,688$11,615$254,713
11$12,218$11,084$242,494
12$12,773$10,529$229,721
13$13,353$9,949$216,368
14$13,959$9,343$202,409
15$14,593$8,709$187,816
16$15,256$8,047$172,561
17$15,948$7,354$156,613
18$16,672$6,630$139,940
19$17,429$5,873$122,511
20$18,221$5,081$104,290
21$19,048$4,254$85,242
22$19,913$3,389$65,329
23$20,817$2,485$44,512
24$21,762$1,540$22,750
25$22,750$552$0

At the end of your 5-year term

Total paid over the term
$116,511
Principal paid down
$42,910
Interest paid
$73,601
Balance remaining
$308,290

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$1,700/mo
$20,400Gross annual rent
2.1%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.

4.6%
Gross yield
− Property tax $3,151− Condo fees $5,355− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,051

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

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