4978 Yonge St Condos, Toronto

North York Real Estate Condos for Sale and Rent


4978 Yonge St, Toronto M2N7G8

Ultima North was built by
MenkesMenkes was founded by entrepreneur Murray Menkes more than 60 years ago.
and completed in year 2005.

There are total 36 floors and approximately 385 units.

The building currently has 4 units on sale, and 3 for lease.

Condo monthly management fee includes: Water.

Condo facility includes: Gym, Concierge, Party/Meeting Room, Guest Suite, Recreation Room, Indoor Pool, Sauna and Visitor Parking .

Condo Building Analysis

For Sale

Condo values have increased 3.2% compared with the same period last year.

Maintenance costs have remained relatively stable compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$630 – $720/sqft

For Lease

Rent levels have decreased 5.5% compared with the same period last year.

Recent Rent Range
$2.95 – $4.09/sqft

How This Condo Compares

Price Position
In Line
Recent sale prices are broadly in line with condos in the community.
Maintenance Cost
16.2% Higher
Adjusted maintenance costs are above condo buildings in the community.
Effective Cost
25.2% Higher
Estimated occupancy costs are higher than condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a mix of homeowners and renters with a strong concentration of apartment and condominium housing. Approximately 75% of residents hold a bachelor's degree or higher, while about 13% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway North York Centre Subway Station: 0.3km (~6 mins walk)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
1715 2 1 1 700-799 560,000
2009 3 2 1 1000-1199 719,000
1812 1 1 0 500-599 368,800
808 1+1 1 1 700-799 495,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in North York, please contact North York real estate agent Alan Zheng at 647-877-9311.

Explore more GTA properties and market information through our Toronto real estate, Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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