4955 Yonge Street Unit 1009, Toronto C14

Price: $589,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13151406

Luxury 1+1 bedroom Unit, Den is a separate room, perfect for Home Office or potentially 2nd bedroom, Open-concept layout with a clear view. Highlights include 9-ft ceilings, floor-to-ceiling windows, and abundant natural light throughout. The modern kitchen is equipped with quartz countertops and stainless steel appliances. Easy access to Highways 401, Short walk to Subway , North York Centre, Library, Shops........

4955 Yonge Street Unit 1009 - Condo photo 1 of 20 in Willowdale / Newtonbrook, Ontario
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$589,000 - 4955 Yonge Street Unit 1009, Willowdale

Condo for Sale in Willowdale

2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C13151406
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Willowdale / Newtonbrook
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Luxury 1+1 bedroom Unit, Den is a separate room, perfect for Home Office or potentially 2nd bedroom, Open-concept layout with a clear view. Highlights include 9-ft ceilings, floor-to-ceiling windows, and abundant natural light throughout. The modern kitchen is equipped with quartz countertops and stainless steel appliances. Easy access to Highways 401, Short walk to Subway , North York Centre, Library, Shops........

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Willowdale / Newtonbrook

Discover Willowdale / Newtonbrook

Willowdale / Newtonbrook is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Willowdale / Newtonbrook

  • Convenient location in Willowdale / Newtonbrook
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Willowdale / Newtonbrook offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

4955 Yonge Street Unit 1009, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,335

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1178/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Willowdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    4955 Yonge Street Unit 1009, Wi… — $589,000 | Battaglia Team