4978 Yonge St 1705
Lansing-Westgate, North York, M2N 7G8
FOR SALE
$549,000
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Property Description
Fashionable one bedroom condo with underground parking and locker. Relax on the covered open balcony with unobstructed western exposure offering a beautiful sunset view. This spotless sun-filled unit has an open concept with new kitchen renovated in 2021 boasting stylish white shaker cabinets, custom ceramic tile backsplash, stainless steel appliances, and sleek granite counters, ideal for those who love to entertain. Situated in a prime location on Yonge Street, with underground access to the Yonge Subway, path access to Goodlife Gym, shopping, and restaurants. Steps to Empress Walk, the Aquatics centre, a library, theatres and so much more. Minutes to the 401 for easy access out of the city or take the express bus to the airport. Enjoy the amenities including an indoor swimming pool, Sauna, virtual golf room, guest suites, party room, a gym, and 24 hour concierge. New Furnace (2022). Common areas of the building were updated in 2024. No offer date so don't miss this turnkey opportunity to enjoy comfortable modern living. Management has plans to upgrade the lobby.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-13 | 2025-01-13 | 31 | $559,000 | - | Terminated |
Nearby Intersections
Yonge & Sheppard (240)
Property Features
Arts Centre, Golf, Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,078 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P4)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 7.22' x 7.51' | Modern Kitchen, Tile Floor, Open Concept |
| Living | Flat | 10.01' x 18.50' | Combined W/Dining, Laminate, Open Concept |
| Dining | Flat | 10.01' x 18.50' | Combined W/Living, Laminate, Open Concept |
| Prim Bdrm | Flat | 8.99' x 12.01' | Double Closet, Laminate, Window |
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North York Market Statistics
North York Price Trend
4978 Yonge St 1705 is a 1-bedroom 1-bathroom condo listed for sale at $549,000, which is $17,564 (3.1%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in North York increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in North York over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in North York over the last 30 days (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in North York stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Bosley Real Estate Ltd.
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