MLS® listing
4978 Yonge Street 808: condo apartment for sale
$495,000
From the listing brokerage
Priced to Sell! Welcome to Ultima North, a prestigious Menkes-built condominium in the heart of North York! This spacious 715 sq. ft. 1-bedroom-plus-den suite features one of the building's largest 1+Den layouts and over $20,000 in renovations and upgrades completed in 2025.Enjoy a beautifully renovated kitchen with quartz countertops, breakfast bar, stylish backsplash, modern cabinetry, new sink and stainless steel appliances, including an LG stove, LG microwave/hood vent and Whirlpool dishwasher. New laminate flooring, updated light fixtures and fresh paint throughout make this home truly move-in ready.The enclosed den with a door, closet and ventilation is ideal for a second bedroom or private home office. The bright, open-concept living and dining area leads to a private balcony overlooking a quiet inner courtyard.Enjoy premium amenities, including 24-hour concierge, indoor pool, fitness centre, sauna, virtual golf, billiards, party room, guest suites and ample visitor parking. The building has also undergone upgrades to its lobby, hallways and amenity areas.Unbeatable location with direct underground access to Sheppard-Yonge subway station and convenient indoor access to North York Centre subway station and Empress Walk. Steps to shopping, restaurants, groceries, GoodLife Fitness, parks and entertainment, with easy access to Highway 401.Includes one underground parking space and one locker. Major furniture items, including beds and mattresses, desk and sofa, may also be included in the sale.Don't miss this opportunity! Ideal for end users seeking a stylish, move-in-ready home or investors looking for a prime location with exceptional transit connectivity and a highly functional layout.
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 5 |
| Maintenance fee | $715 |
| Property tax | $2,594 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | West |
| Fee includes | Water Included, Common Elements Included, Building Insurance Included, Parking Included |
| Building amenities | Concierge, Guest Suites, Gym, Indoor Pool, Party Room/Meeting Room, Visitor Parking |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Parking | Underground |
| Interior features | Carpet Free |
| Features | Arts Centre, Park, Public Transit, Rec./Commun.Centre, School |
| Floor | 7 |
Listing courtesy of MARKHAM CENTRE REALTY INC.. MLS® C14130326.
About this condo apartment
4978 Yonge Street 808 is a 2 bedroom condo apartment in TRREB's Lansing-Westgate community in Toronto, listed for sale at $495,000. The listing shows 1 bathroom and 700-799 square feet. The style is given as apartment. The unit faces west. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Yonge/Sheppard, North York.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: concierge, guest suites, gym, indoor pool, party room/meeting room and visitor parking.
What it costs to buy 4978 Yonge Street 808
At the asking price of $495,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $495,000 |
|---|---|
| Ontario land transfer tax | $6,375 |
| Toronto municipal land transfer tax | $6,375 |
| Both taxes | $12,750 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $24,750 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $715 a month |
|---|---|
| Property tax (2026) | $2,594 a year, about $216 a month |
| Fee and tax together | about $931 a month |
The listing says the maintenance fee includes water, common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $495,000, which is $55,000 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 4978 Yonge Street 808
How much is land transfer tax on 4978 Yonge Street 808?
At the asking price of $495,000 the Ontario tax is $6,375 and the Toronto tax is $6,375, $12,750 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 4978 Yonge Street 808?
$24,750 at the asking price of $495,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 4978 Yonge Street 808?
The listing shows $715 a month, including water, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 4978 Yonge Street 808?
The listing shows $2,594 a year for 2026, about $216 a month.
Is 4978 Yonge Street 808 priced above or below the median?
It is listed at $495,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $55,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 4978 Yonge Street 808?
Use the form on this page or call us. Quote MLS® C14130326. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 4978 Yonge Street 808 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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