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$649,000
Toronto
#1609 4955 Yonge Street, Toronto (Willowdale East), Ontario, M2N0L8
This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space.
Calling All Investors & Homebuyers - An Exceptional Opportunity Awaits! Secure a nearly new luxury condo in the highly sought-after Yonge & Sheppard neighbourhood-where premium location, low carrying costs, and exceptional long-term value come together. Whether you're looking for a place to call home or a smart investment, this residence offers lasting appeal supported by convenient access to the subway, strong rental demand, and a modern building less than two years old. A Smart Investment Featuring: 1) Prime Yonge & Sheppard location 2) Low maintenance fees of only $492/month (includes heat & water) 3) Tenant-favoured building with only hydro extra 4) Nearly 650 sq. ft. of thoughtfully designed living space 5) Parking & locker included. This bright 1+1 bedroom, 2-bathroom suite features 9-foot ceilings, floor-to-ceiling windows, panoramic city views, and a contemporary kitchen with quartz countertops and stainless steel appliances. Enjoy hotel-inspired amenities including an indoor pool, whirlpool, sauna, fitness centre, party room, theatre, guest suite, and 24-hour concierge. Located just steps from Yonge-Sheppard Subway Station, with quick access to Highways 401 & 404, North York Centre, shopping, restaurants, parks, and everyday conveniences, this home is equally suited for investors seeking strong rental appeal and homeowners looking for a vibrant, transit-connected lifestyle with enduring value. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 98 days on market, against an average age of 56 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Toronto (Willowdale East) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $649,000, about 7.9× the local median household income of $82,000.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.
Source: Statistics Canada, 2021 Census (FSA M2N)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice