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New4 days ago

1609 - 4955 Yonge Street

Willowdale East, Toronto

$649,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleMulti-Level
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$492
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,726
mls© NumberC13624374
Listed ByRE/MAX ALL-STARS REALTY INC.
Heat Included
CAC Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included
Condo Taxes Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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.

Down payment20% · $129,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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