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    4978 Yonge Street

    Ultima at Broadway North Tower
    5for Sale
    9for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    36

    Number of Units:

    384

    Condo Completion:

    2005

    Condo Demand:

    Medium

    Unit Size Range:

    426 - 1,828 SQFT

    Unit Availability:

    Medium

    Property Management:

    Del Property Management Inc.

    Amenities

    Bike Storage
    Indoor Pool
    Security System
    Guest Suites
    Sauna
    Rec Room
    Gym Room
    Visitor Parking
    Indoor Parking
    Games Room
    Party Room
    Concierge

    About 4978 Yonge StreetUltima at Broadway North Tower

    Anyone who’s seeking a Toronto condo for sale should definitely consider Ultima at Broadway North Tower at 4978 Yonge Street. Menkes completed this building back in 2005, but unlike other buildings of that age, maintenance fees are actually on the higher end at $0.90 per-square-foot. The building is 36 storeys tall and is home to 384 suites. Units start at 426 square feet on the low end, and can go up to 1828 square feet.

    This condo has an above average Walk Score of 96 and an average demand ranking, based on Strata.ca stats. Maintenance fees at 4978 Yonge Street are $0.90 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    On average, units at 4978 Yonge Street sell -2.17% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $894 and units sell with 34 days on market on average. Over the past 12 months, 18 have sold and 55 have have been rented here.

    The Neighbourhood

    This is a great choice for foodies — with restaurants like Druxy's Famous Deli, Rally Restaurant and Bar and Bâton Rouge Steakhouse & Bar nearby, the only issue will be picking just one. There’s always time for coffee with Tim Hortons, La Prep and Saryo cafe a short 3-minute walk away.

    Grocery pick-ups are made easy thanks to PAT Spring Garden Market, Loblaws and Longo's Yonge & Sheppard within a 7-minute walk.

    Like to stay on top of your finances? 4978 Yonge Street is only 1 away!

    Whether you're looking to play, exercise or gather with friends — nearby parks like Mel Lastman Square, Ring Road Linear Park and Willowdale Tennis Court are the perfect spot for all kinds of activities.

    Those who love to shop will appreciate all the options nearby with Miniso, North York Centre and Empress Walk just 7 minutes from here.

    When the weekend rolls around, Gibson House Museum, GallerySunami and New Art & Design are within a short 4-minute drive away. If you’re craving the latest superhero punch fest or an emotional rom-com, you’ll find both at Cineplex Cinemas Empress Walk — just 7 minutes away on foot.

    Ultima at Broadway North Tower is a short drive away from Little Owl Private School, Central Montessori & Private French School and McKee Public School, giving you plenty of choice for your child’s education. This location is a great choice for families who are seeking top-notch educational institutions like Claude Watson School for the Arts, Cardinal Carter Academy for the Arts and Earl Haig Secondary School.

    Transportation

    For longer journeys there’s a light transit stop at Yonge St At Upper Madison Ave for your transportation needs. Transit riders will love living just 7 minutes from North York Centre.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 4968 Yonge Street, 155 Beecroft Road and 153 Beecroft Road.

    Maintenance Fees

    Included in Fees
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Listing History for Ultima at Broadway North Tower

    Apr 04, 202518 days on Strata
    terminated

    $848,000
    1103 - 4978 Yonge St
    2 + 1
    2
    1
    976 Sqft
    View
    Apr 03, 202529 days on Strata
    terminated

    $529,880
    1706 - 4978 Yonge St
    1
    1
    1
    0 - 499 Sqft
    View
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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    32,007
    Average Individual Income
    $57,784
    Average Household Size
    3 persons
    Average Age
    54
    Average Household Income
    $98,978
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    21%
    Semi Detached
    20%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    18%
    Mandarin
    13%
    Other
    11%
    Tamil
    3%
    Tagalog
    2%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    29%
    High School
    28%
    None
    19%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%



    Days on Strata

    Units at Ultima at Broadway North Tower spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Willowdale

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 119 condos in the Willowdale area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    55
    Units were Rented over the past twelve months

    Best Value Rank

    Ultima at Broadway North Tower offers the
    ?
    best value out of 119 condos in the Willowdale neighbourhood

    Appreciation Rank

    Ultima at Broadway North Tower has the
    ?
    highest ROI out of 119 condos in the Willowdale neighbourhood

    Rental Yield

    Ultima at Broadway North Tower yields the
    ?
    highest rent prices out of 119 condos in the Willowdale neighbourhood

    High Demand

    Ultima at Broadway North Tower is the
    ?
    most popular building out of 119 condos in the Willowdale neighbourhood

    Market Insights

    Transaction Insights at Ultima at Broadway North Tower

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$447,000 - $568,000$540,000 - $630,000$645,000 - $755,000$835,000 - $1,038,000$882,500 - $1,060,000
    Avg. Cost Per Sqft$972$884$887$855$1,149
    Avg. Wait for Unit Availability50 Days48 Days86 Days145 Days119 Days
    Ratio of Units in Building36%31%16%9%9%

    Market Inventory

    Total number of units listed and sold in Willowdale