501 - 4978 Yonge Street

Nestled in the vibrant heart of North York, this stunning apartment for sale in Toronto at 4978 Yonge Street, Toronto, is a true gem. The luxury Menkes Ultima Towers building offers a perfect blend of comfort and convenience, making it an ideal choice for anyone looking to enjoy the urban lifestyle. With its prime location, this apartment for sale in Toronto is not just about the living space; it’s about the lifestyle that comes with it.

Spanning an impressive 695 square feet, this condo apartment features a well-designed layout that maximises space and functionality. As you step inside, you’ll be greeted by beautiful hardwood floors that add a touch of elegance to the living area. The apartment boasts a total of five rooms, including a spacious bedroom and a den, perfect for a home office or additional living space. The den provides versatility, allowing you to customise the area to suit your needs, whether that’s a quiet reading nook or a workspace for remote working.

The kitchen is a highlight of this apartment for sale in Toronto, featuring upgraded energy-efficient appliances and sleek granite countertops that make cooking a delight. Although there is no additional kitchen, the flat design ensures that everything you need is within easy reach. The open-plan layout seamlessly connects the kitchen to the living area, making it perfect for entertaining guests or enjoying a quiet evening at home.

One of the standout features of this apartment is the large private balcony, where you can unwind and take in the views of the bustling city. Imagine sipping your morning coffee or enjoying a glass of wine in the evening as you relax in your own outdoor oasis. This is a rare find in the city, and it truly enhances the living experience at 4978 Yonge Street, Toronto.

The apartment includes one bathroom, thoughtfully designed to provide both style and functionality. With central air conditioning, you can stay cool during the hot summer months, ensuring your comfort year-round. While there is no fireplace or family room, the open layout allows for a spacious feel throughout the apartment, making it feel larger than its square footage suggests.

For those who value convenience, this apartment for sale in Toronto comes with one underground parking space, a significant advantage in a city where parking can be a challenge. The building also offers direct underground access to the Sheppard and North York Centre Subway Stations, making commuting a breeze. Whether you’re heading to work or exploring the city, you’ll appreciate the ease of access to public transport.

Situated in the Lansing-Westgate community, this location is perfect for those who enjoy being close to the action. You’ll find an array of shopping, entertainment, and dining options all within walking distance, making it easy to indulge in everything Toronto has to offer. Whether you’re in the mood for a night out at a local restaurant or a day of shopping, everything you need is right at your doorstep.

While this apartment does not come furnished, it provides a blank canvas for you to create your own personal sanctuary. The absence of a central vacuum system and additional land means that maintenance is straightforward, allowing you to spend more time enjoying your new home and less time worrying about upkeep.

In summary, this apartment for sale in Toronto at 4978 Yonge Street, Toronto, is an exceptional opportunity for anyone looking to embrace city living. With its prime location, modern features, and spacious layout, it’s a fantastic choice for first-time buyers, professionals, or anyone seeking a stylish urban retreat. Don’t miss out on the chance to make this apartment your own and enjoy all the benefits of living in one of Toronto’s most sought-after areas.

Lansing-Westgate is a vibrant and well-established neighbourhood nestled in the northern part of Toronto, offering a delightful blend of suburban charm and urban convenience. Characterised by its tree-lined streets, diverse housing options, and an array of local amenities, this community provides residents with a comfortable and welcoming atmosphere. You'll find an excellent selection of parks, schools, and shopping facilities, making it an ideal place for families and professionals alike. With easy access to public transport and major roadways, Lansing-Westgate is well-connected to the rest of the city, allowing for a seamless balance between tranquil living and the bustling energy of downtown Toronto.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, catering to a range of academic needs for families. The closest option is St. Edward Catholic School, just 0.2 km away, offering grades JK to 8 with a solid rating of 7.2, making it an excellent choice for younger students. For those seeking arts-focused education, Claude Watson School for the Arts is only 0.3 km from the property, serving grades 4 to 8. Earl Haig Secondary School, located 0.7 km away, provides a strong secondary education for grades 9 to 12, boasting an impressive school rating of 8.8. Additionally, McKee Public School is a nearby option for elementary education, while Lester B Pearson Elementary School and St. Cyril Catholic School offer French language programs. Loretto Abbey Catholic Secondary School is also within a reasonable distance at 2.7 km. Overall, the area is well-served by a mix of public and Catholic schools, ensuring that families have access to quality education in both English and French, making it an attractive location for potential buyers with children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,332 residents, characterized by an average household size of 1.9 individuals. The demographic profile indicates a relatively young community, with an average age of 37.4 years. The average household income stands at $84,600, though 20% of the population is classified as low-income. The real estate market reflects a high average property price of $644,000, with 100% of the housing stock comprising condominiums. The community has a significant percentage of single individuals, accounting for 46.69%, while households with children make up 31.94% of the population. Notably, immigrants constitute a substantial portion at 60.22%, contributing to the area's cultural diversity. The rental market is also prominent, with 49.3% of residents renting their homes. Education levels are high, with 86.48% of the population holding college or university degrees. However, a notable 27.87% of residents are not in the labor force, indicating potential challenges in employment engagement within the community. Overall, this area presents a blend of youthful energy, educational attainment, and diverse demographics, making it an interesting locale for potential homeowners and investors alike.