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1609 - 4955 Yonge Street
Willowdale East, Toronto
$649,000
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.
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| Type | Condo Apartment |
| Style | Multi-Level |
| Approx. Age | 0-5 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $492 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,726 |
| mls© Number | C13624374 |
| Listed By | RE/MAX ALL-STARS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,322
- Property tax
- $311
- Heat allowance
- $150
- Condo fees, half counted
- $246
- Housing costs
- $4,028 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$124,000
gross annual household income
- Payment at 4%
- $2,731 / mo
- Cash down
- $129,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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