Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

4968 Yonge Street 2801, Toronto, ON M2N 7G9

1+1 beds · 1 bath · 1 kitchen · 5 rooms · 1 parking space · 700-799 sq ft · Locker · Laundry in unit · Condo Apartment
$509,000

Also includedBuilding Insurance · Common Elements

Maintenance fee
$712 / month
Property tax
$2,579 / year
Included in the fee
Building Insurance, Common Elements

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!

MLS number
C13033844
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
M2N 7G9
Photos
24
Locker
Yes — Owned (locker A147, level P1)
Laundry
Ensuite
Included in the fee
Building Insurance, Common Elements
143days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Cameron Public School8.1 / 10
Elementary · Regular Track
TDSB boundary
Willowdale Middle School7.8 / 10
Intermediate · Regular Track
TDSB boundary
Northview Heights Secondary School7.2 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Claude Watson School for the Arts
Toronto DSB
Elementary263 m9.6 / 10
96% met the standard · 3 of 6 measures
Cardinal Carter Academy for the Arts
Toronto CDSB
Secondary302 m9.2 / 10
92% met the standard · 2 of 6 measures
Cardinal Carter ES
Toronto CDSB
Elementary308 mNot reported
St George AcademySecondary388 mNot reported
Elite High SchoolSecondary456 mNot reported
NPU CanadaElementary and secondary496 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Lansing-Westgate157 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$504k$635k$765k20252026this home’s asking price
$610klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d21d43d20252026
42dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in lansing-westgate. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,332 people.

$78,500Median household income
50.7%Own their home
0%Detached houses
34.4Median age
60.2%Born outside Canada
68.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204847 — the few blocks around this address, home to 1,332 people. It describes the area, not this property.

1,332Population
37.4Average age
1.9Household size
$84,600Average household income
$78,500Median household income
51%Own their home
49%Rent
100%Condominiums
60%Born outside Canada
69%University degree
$644,000Average home value
20%Low income
39%Not in the labour force
37%Never married
Under $5,0005%
$5,000 to $9,9991%
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over27%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over5%

Percentages are of the 950 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$101,800 · minimum here is $25,900
$2,253.74per month
Borrowed before insurance$407,200
Total borrowed$407,200
Interest over 25 years at 4.5%$268,923

If you rented it out

-$3,180.66per month out of pocket
Rent$0.00
Everything it costs to hold$3,180.66
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

5100 YONGE ST51 m
Under Review · applied July 23, 2026

City of Markham application - To demolish the existing automobile service station and reconstruct a new automobile services station, and construct a car wash and drive-through restaurant on the subject site.

City planning file →
5220 YONGE ST419 m
Under Review · applied February 25, 2026

Zoning By-law Amendment Application proposes a Senior's Residential Accommodation including Seniors Independent Living, Assisted Living and Long-Term Care Home accommodations within the component in the previously approved commercial (office) section of the ex…

City planning file →
5100 YONGE ST51 m
Under Review · applied January 21, 2025

City of Markham application - 330-336 Steeles Ave E, MarkhamSite Plan application for 17 townhouses

City planning file →
5100 YONGE ST51 m
Under Review · applied September 30, 2024

Site Plan Application to re-purpose the existing Toys R Us building into a supermarket with an approximate gross floor area of 3,814.50 square metres for the supermarket use, including 237.83 square metres for an accessory office.…

City planning file →
5100 YONGE ST51 m
Under Review · applied November 13, 2023

Application in the City of Vaughan to permit Phase One of the proposed mixed-use development on theSubject Lands. The total proposed gross floor area (`GFA¿) for Buildings A and B is 157,490 m2.

City planning file →
5100 YONGE ST51 m
Under Review · applied October 17, 2023

Application in the City of Vaughan within the Yonge-Steeles Corridor Secondary Plan.

City planning file →
5051-5061 YONGE ST50 m
Under Review · applied April 3, 2023

Site Plan application for a 39-storey mixed-use building with 365 dwelling units and 2,029 sq.m of non-residential gross floor area.…

City planning file →
5051-5061 YONGE ST50 m
Under Review · applied May 4, 2021

*** Draft Plan of Condominium application

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by KELLER WILLIAMS PORTFOLIO REALTY. Listing data provided by the Toronto Regional Real Estate Board.