No more shoebox living - enjoy approximately 715 sq feet, the largest 1+1 in the building. Freshly painted and recently renovated with a smart, highly functional layout that lives more like a two room suite. The fully renovated kitchen features quartz countertops, backsplash, modern cabinetry, and brand-new LG stainless steel stove, LG hood vent/microwave and Whirlpool stainless steel dishwasher, installed as part of the recent renovation. New vinyl plank flooring flows seamlessly into the living space, complemented by brand new light fixtures in the living room and bathroom. The enclosed den functions as a true second room, complete with a full door and closet, and was previously used as a bedroom - a rare and valuable layout not often found in 1+1 units. Enjoy full-service amenities including indoor pool, gym, sauna, virtual golf, billiards, party room, guest suites, visitor parking, and 24 hour concierge. The building has been recently upgraded with renovated hallways, concierge area, and amenities. Perfectly located in the heart of North York, with direct underground access to North York Centre Station and Sheppard Station. Steps to shopping, dining, and entertainment, with quick access to Highway 401. Owner occupied, exceptionally well maintained, and move-in ready. Includes parking and locker.
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $707 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 4978 Yonge St #808
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
4978 Yonge St #808 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14007880$495,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4978 Yonge St #808 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,432
/mo
based on the purchase price of $495,000
$99,000 cash
$396,000 financed
$333,536 total interest
Principal54%$396,000
Interest46%$333,536
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $495K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4900.6%On average, homes sold at or above asking.
Active listings12,664Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,684 sales from Jul 15 – Oct 13, 2026 (6,629 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
4 for sale · 3 for rent at 4978 Yonge St — plus its sale and lease history.
4978 Yonge St #808 is listed at $495,000 (MLS® C14007880). Summitly updates the price as soon as the MLS® record changes.
Is $495,000 a good price for 4978 Yonge St #808?
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 4978 Yonge St #808 changed?
No — 4978 Yonge St #808 is still listed at its original asking price of $495,000.
How many bedrooms and bathrooms does 4978 Yonge St #808 have?
4978 Yonge St #808 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
Is 4978 Yonge St #808 close to transit?
The nearest rapid-transit station is North York Centre Station (Line 1), about 340 m (about a 4-minute walk) in a straight line. Sheppard-Yonge Station is about 490 m (about a 6-minute walk), and Finch Station is about 1.8 km (about a 22-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 4978 Yonge St #808?
About $2,432 a month — principal and interest on $495,000 with 20% down ($99,000), 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 4978 Yonge St #808 compare with other homes in Toronto?
Its asking price of $495,000 is about 42% below the median sold price in Toronto over the last 90 days, $848,250, across 9,684 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 4978 Yonge St #808 been sold before?
Summitly has no earlier MLS® sale or lease of 4978 Yonge St #808 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4978 Yonge St #808?
4978 Yonge St #808 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4978 Yonge St #808 been on the market?
1 day — 4978 Yonge St #808 was listed on October 12, 2026.
What is the price per square foot of 4978 Yonge St #808?
About $620 to $707 per square foot: the asking price of $495,000 over the 700–799 sq ft the listing gives as its size range.
Does 4978 Yonge St #808 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
