4968 Yonge St #2801 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $509,000. It has 700-799 sq ft of living space.
1Experience elevated urban living at Ultima!
2Freshly painted and move in ready.
3This beautifully appointed 1-bedroom + den suite offers 700+ sq. ft. of thoughtfully designed interior space, complemented by a private balcony showcasing breathtaking 28th-floor views.
Experience elevated urban living at Ultima! Freshly painted and move in ready. This beautifully appointed 1-bedroom + den suite offers 700+ sq. ft. of thoughtfully designed interior space, complemented by a private balcony showcasing breathtaking 28th-floor views. Complete with parking and locker, this home delivers both style and convenience.The open-concept kitchen is ideal for modern living, featuring a breakfast bar, full-sized appliances, and seamless flow into the living and dining areas-perfect for entertaining or enjoying relaxed evenings at home. What truly sets Ultima apart is its direct access to the TTC, making commuting effortless year-round. Residents also enjoy an exceptional collection of luxury amenities, including an indoor pool, sauna, state-of-the-art fitness centre, golf simulator, 24-hour security, and more. Ideally located just steps to grocery stores, shopping, restaurants, and entertainment, everything you need is right at your doorstep. This is city living at its finest!
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $727 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 4968 Yonge St #2801
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
4968 Yonge St #2801 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,501
/mo
based on the purchase price of $509,000
$101,800 cash
$407,200 financed
$342,969 total interest
Principal54%$407,200
Interest46%$342,969
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $509K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.8%On average, homes sold at or above asking.
Active listings13,060Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 9,409 sales from Jul 23 – Oct 21, 2026 (6,787 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale at 4968 Yonge St — plus its sale and lease history.
Distance is not enrolment: public and Catholic boards assign schools by attendance boundary. Confirm with the local school board's school locator before you buy.
Nearest subway, GO and LRT stations first, then bus and streetcar stops. 20 stops within a 10-minute walk.
4968 Yonge St #2801 is listed at $509,000 (MLS® C13033844). Summitly updates the price as soon as the MLS® record changes.
Is $509,000 a good price for 4968 Yonge St #2801?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 4968 Yonge St #2801 changed?
Yes — it was first listed at $549,000 and is now $509,000, a drop of $40,000 (7.3%).
How many bedrooms and bathrooms does 4968 Yonge St #2801 have?
4968 Yonge St #2801 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
What schools are near 4968 Yonge St #2801?
The 4 closest schools to 4968 Yonge St #2801 in a straight line are Claude Watson School for the Arts (Elementary, Toronto District School Board), about 270 m (about a 3-minute walk); Cardinal Carter Academy for the Arts (Secondary · Catholic, Toronto Catholic District School Board), about 290 m (about a 4-minute walk); Shining Through Centre, about 630 m (about a 8-minute walk); and Earl Haig Secondary School (Secondary, Toronto District School Board), about 700 m (about a 9-minute walk). School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them. School locations are from OpenStreetMap.
Is 4968 Yonge St #2801 close to transit?
The nearest rapid-transit station is North York Centre Station (Line 1), about 370 m (about a 5-minute walk) in a straight line. Sheppard-Yonge Station is about 460 m (about a 6-minute walk), and Finch Station is about 1.8 km (about a 22-minute walk). The closest bus or streetcar stop is Yonge Street at Upper Madison Avenue, about 80 m (about a 1-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 4968 Yonge St #2801?
About $2,501 a month — principal and interest on $509,000 with 20% down ($101,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 4968 Yonge St #2801 compare with other homes in Toronto?
Its asking price of $509,000 is about 40% below the median sold price in Toronto over the last 90 days, $845,000, across 9,409 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 4968 Yonge St #2801 been sold before?
Yes — Summitly has 2 earlier MLS® listings of 4968 Yonge St #2801 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 4968 Yonge St #2801?
4968 Yonge St #2801 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4968 Yonge St #2801 been on the market?
181 days — 4968 Yonge St #2801 was listed on April 23, 2026.
What is the price per square foot of 4968 Yonge St #2801?
About $637 to $727 per square foot: the asking price of $509,000 over the 700–799 sq ft the listing gives as its size range.