4968 Yonge Street Unit 705, Toronto C07

Price: $399,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13173024

Stunning, move-in ready 1 bedroom suite in the heart of North York's preferred Yonge & Sheppard area. This well-maintained unit features a bright and open layout with modern flooring throughout. It offers a functional kitchen with quality appliances and a spacious bedroom with generous closet space - perfect for comfortable urban living. Enjoy premium amenities including an indoor swimming pool, golf simulator, fully equipped gym, sauna, party room, billiards, guest suites, visitor parking, and 24-hour concierge.The location is unbeatable with DIRECT TTC access from within the building to Sheppard-Yonge Subway Station, plus indoor connections to North York Centre Station and Empress Walk shopping & entertainment complex. Tim Hortons is located at the bottom of the building, with steps to dining, groceries, LCBO, coffee shops, the library, Mel Lastman Square, and quick access to Highway 401.Meticulously maintained and ideally situated. Unit includes 1 parking and 1 locker. This exceptional residence offers the perfect blend of comfort, convenience, and sophisticated urban living in one of North York's most desirable communities.

4968 Yonge Street Unit 705 - Condo photo 1 of 23 in Thornhill / Willowdale, Ontario
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$399,000 - 4968 Yonge Street Unit 705, Willowdale

Condo for Sale in Willowdale

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C13173024
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Thornhill / Willowdale
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 MYPRO REALTY
Description

Stunning, move-in ready 1 bedroom suite in the heart of North York's preferred Yonge & Sheppard area. This well-maintained unit features a bright and open layout with modern flooring throughout. It offers a functional kitchen with quality appliances and a spacious bedroom with generous closet space - perfect for comfortable urban living. Enjoy premium amenities including an indoor swimming pool, golf simulator, fully equipped gym, sauna, party room, billiards, guest suites, visitor parking, and 24-hour concierge.The location is unbeatable with DIRECT TTC access from within the building to Sheppard-Yonge Subway Station, plus indoor connections to North York Centre Station and Empress Walk shopping & entertainment complex. Tim Hortons is located at the bottom of the building, with steps to dining, groceries, LCBO, coffee shops, the library, Mel Lastman Square, and quick access to Highway 401.Meticulously maintained and ideally situated. Unit includes 1 parking and 1 locker. This exceptional residence offers the perfect blend of comfort, convenience, and sophisticated urban living in one of North York's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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: Thornhill / Willowdale

Discover Thornhill / Willowdale

Thornhill / Willowdale 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 Thornhill / Willowdale

  • Convenient location in Thornhill / Willowdale
  • 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

Thornhill / Willowdale 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

4968 Yonge Street Unit 705, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,109

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

Competitive Pricing

At $798/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 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.

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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    4968 Yonge Street Unit 705, Tho… — $399,000 | Battaglia Team