4978 Yonge St 2507

FOR SALE
$574,900
4978 Yonge St 2507, North York
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
4978 Yonge St 2507
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C11989543
MLSID
Contact Us
Property Description
Welcome to this spacious 735 sq ft condo, featuring 1 Bedroom + Den, modern amenities and a spacious open balcony. Perfect for urban living, it offers expansive views of Yonge Street and a bright, airy interior filled with eastern morning sunlight. The well-designed layout provides plenty of space, including generous closets and a separate den with a private door. Enjoy the convenience of in-suite laundry, central air conditioning, and a large balcony for outdoor relaxation. Ideally located with direct access to Madison Centre and TTC subway from Level P1. Easy access to major 401 Highway (5 min) and Tesla Destination Charger (100 m), Toronto Downtown (30 min). Empress Walk Mall, grocery stores, restaurants, bars, banks, movie theatre, library, aquatic centre, Meridian Arts Centre, Mel Lastman Square are all within a walking distance! First two pictures Virtual Staged.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-12-16 2025-01-16 31 $599,000 - Terminated
2024-10-18 2024-12-13 56 $599,900 - Terminated
Nearby Intersections
Property Features
Arts Centre, Library, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,418 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (LEVEL B)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenFlat8.04' x 8.04'Quartz Counter, Double Sink, Open Concept
DiningFlat10.83' x 16.08'Hardwood Floor, Open Concept, Combined W/Living
LivingFlat10.83' x 16.08'Hardwood Floor, W/O To Balcony, Combined W/Dining
Prim BdrmFlat12.80' x 9.02'Laminate, Window Flr to Ceil, Closet
DenFlat7.22' x 8.04'Laminate, Separate Rm
North York Market Statistics
North York Price Trend
4978 Yonge St 2507 is a 1-bedroom 1-bathroom condo listed for sale at $574,900, which is $17,790 (3.2%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in North York declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in North York over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in North York typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Upperside Real Estate Limited
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