Maintenance Fees
Gibson Square South Tower vs The Willowdale Area
1608 - 5162 Yonge St
$589,0001 bd1 ba1 pk520 sqft
For SaleGibson Square South Tower
5.0
3 Days on Strata
$589,000
1 Bed
1 Bath
1 Parking
520 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$381/mth
Taxes:
$2,661 (2025)
Cost Per Sqft:
$1,133/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
East
Possession Date:
Flexible
Amenities
Indoor Pool
Media Room
BBQs Allowed
Security System
Guest Suites
Gym Room
Visitor Parking
Games Room
Party Room
Concierge
About this Listing
Welcome to Gibson Square, a prestigious condo by Menkes in the heart of North York! This bright and spacious 1-bedroom unit features new light fixtures, fresh paint, and a stylish accent wall. Enjoy a functional open-concept layout, floor-to-ceiling windows, and a modern kitchen,Two closets come with built-in organizers for maximum storage efficiency. Low maintenance fees with access to top-tier amenities, including a gym, indoor pool, and 24-hour concierge. One parking & one locker conveniently located on the same level for easy access. Direct underground access to North York Centre Subway and steps to Empress Walk Mall, North York Central Library, Mel Lastman Square, North York Civic Centre, Meridian Arts Centre, and City Hall. Move-in ready, don't miss this rare opportunity!
avion realty inc.MLS® #C12059966
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Parking
Building Maintenance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Family
11.61 x 10.01ft
Dining
11.61 x 10.01ft
Kitchen
11.02 x 10.01ft
5th Bedroom
13.03 x 10.01ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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9/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
9/10
Transit
So frequent, you might accidentally start collecting tickets.
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
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
Household Income
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%
Building Trends At Gibson Square South Tower
Days on Strata
Units at Gibson Square South Tower spend an average of
20
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Willowdale
Turnover of Units
On average, each unit is owned for
6
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 119 condos in the Willowdale area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
86
Units were Rented over the past twelve months
Best Value Rank
Gibson Square South Tower offers the best value out of 119 condos in the Willowdale neighbourhood
?
Appreciation Rank
Gibson Square South Tower has the highest ROI out of 119 condos in the Willowdale neighbourhood
?
Rental Yield
Gibson Square South Tower yields the highest rent prices out of 119 condos in the Willowdale neighbourhood
?
High Demand
Gibson Square South Tower is the most popular building out of 119 condos in the Willowdale neighbourhood
?
Market Insights
Transaction Insights at Gibson Square South Tower
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $612,800 - $1,100,000 | $800,000 - $817,000 | $830,000 - $878,000 | $1,062,800 - $1,350,000 | No Data |
| Avg. Cost Per Sqft | No Data | $833 | $1,119 | $1,074 | $929 | No Data |
| Price Range | No Data | $2,000 - $4,200 | $2,450 - $2,900 | $2,800 - $3,500 | $3,270 - $4,550 | $2,600 |
| Avg. Wait for Unit Availability | No Data | 64 Days | 44 Days | 45 Days | 56 Days | 602 Days |
| Avg. Wait for Unit Availability | 228 Days | 14 Days | 20 Days | 16 Days | 22 Days | 638 Days |
| Ratio of Units in Building | 1% | 27% | 26% | 30% | 19% | 1% |
Market Inventory
Total number of units listed and sold in Willowdale
