4978 Yonge St #808, Toronto

Name: 4978 Yonge Street, Unit 808
SKU: C14130326
Price: 495000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 808 at 4978 Yonge Street

Priced to Sell! Welcome to Ultima North, a prestigious Menkes-built condominium in the heart of North York! This spacious 715 sq. ft. 1-bedroom-plus-den suite features one of the building's largest 1+Den layouts and over $20,000 in renovations and upgrades completed in 2025.Enjoy a beautifully renovated kitchen with quartz countertops, breakfast bar, stylish backsplash, modern cabinetry, new sink and stainless steel appliances, including an LG stove, LG microwave/hood vent and Whirlpool dishwasher. New laminate flooring, updated light fixtures and fresh paint throughout make this home truly move-in ready.The enclosed den with a door, closet and ventilation is ideal for a second bedroom or private home office. The bright, open-concept living and dining area leads to a private balcony overlooking a quiet inner courtyard.Enjoy premium amenities, including 24-hour concierge, indoor pool, fitness centre, sauna, virtual golf, billiards, party room, guest suites and ample visitor parking. The building has also undergone upgrades to its lobby, hallways and amenity areas.Unbeatable location with direct underground access to Sheppard-Yonge subway station and convenient indoor access to North York Centre subway station and Empress Walk. Steps to shopping, restaurants, groceries, GoodLife Fitness, parks and entertainment, with easy access to Highway 401.Includes one underground parking space and one locker. Major furniture items, including beds and mattresses, desk and sofa, may also be included in the sale.Don't miss this opportunity! Ideal for end users seeking a stylish, move-in-ready home or investors looking for a prime location with exceptional transit connectivity and a highly functional layout.

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.

Oct 29, 2026For saleListedThis listingMLS® C14130326$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.

Zara’s estimate

Excellent Deal· based on 16,043 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,080,321
Average days on market: 32
Homes sold: 9,278

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5110.5%On average, homes sold at or above asking.
Active listings12,687Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 2 – Jul 31, 2026.

Based on 9,278 sales from Jul 31 – Oct 29, 2026 (6,995 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 808 — 4978 Yonge Street 1 bd · 1 ba · 700 sqft	$495,000asking	$707	—	—
195 McCaul Street 1 bd · 1 ba · 600 sqft
725 King Street 1 bd · 1 ba · 600 sqft
500 Wilson Avenue 2 bd · 2 ba · 500 sqft
28 Empress Avenue 2 bd · 2 ba · 1,000 sqft
1801 O'Connor Drive 2 bd · 1 ba · 700 sqft
30 Nelson Street 1 bd · 1 ba

195 McCaul Street
1 bd · 1 ba · 600 sqft
725 King Street
1 bd · 1 ba · 600 sqft
500 Wilson Avenue
2 bd · 2 ba · 500 sqft
28 Empress Avenue
2 bd · 2 ba · 1,000 sqft
1801 O'Connor Drive
2 bd · 1 ba · 700 sqft
30 Nelson Street
1 bd · 1 ba

More in this building

3 for sale · 3 for rent at 4978 Yonge St — plus its sale and lease history.

See all of 4978 Yonge St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

North York Centre StationLine 1340 m4 min walk
Sheppard-Yonge StationLine 1, Line 4490 m6 min walk
Finch StationLine 11.8 km22 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

North York Centre Station (Line 1)4 min walk
Sheppard-Yonge Station (Line 1, Line 4)6 min walk
Finch Station (Line 1)22 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

North York Centre Station
340 m4 minClosest· Line 1
Homes near North York Centre Station
Sheppard-Yonge Station
490 m6 min· Line 1, Line 4
Homes near Sheppard-Yonge Station
Finch Station
1.8 km22 min· Line 1
Homes near Finch Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 4978 Yonge St #808. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 4978 Yonge St #808

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,432; 20% down · 25 years · 5.5% assumed
Property tax: $272; 0.66% mill rate · ON
Total per month: $2,704; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

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

Down payment20%

$99,000 cash

Amortization25 yr

$396,000 financed

Rate5.50%

$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.

Book a tour of 4978 Yonge St #808 with a licensed buyer's agent

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Questions About 4978 Yonge St #808

How much is 4978 Yonge St #808 listed for?

4978 Yonge St #808 is listed at $495,000 (MLS® C14130326). 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 41% below the median sold price in Toronto over the last 90 days, $840,000, across 9,278 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?

4978 Yonge St #808 was listed today (October 29, 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.

What you should know