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$509,000
Ultima · 4968 Yonge Street · Toronto · Ontario M2N 7G9
183 days on market
Experience elevated urban living at Ultima! Freshly painted and move in ready. This beautifully appointed 1-bedroom + den suite offers 700+ sq. ft. of thoughtfully designed interior space, complemented by a private balcony showcasing breathtaking 28th-floor views. Complete with parking and locker, this home delivers both style and convenience.The open-concept kitchen is ideal for modern living, featuring a breakfast bar, full-sized appliances, and seamless flow into the living and dining areas-…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $40KPrice reduction
MLS shows the seller reduced the asking price by $40,000 (from $549,000 to $509,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: KELLER WILLIAMS PORTFOLIO REALTY
Source: TRREB/PROPTX · MLS® C13033844
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $23,172 | $1,931/mo |
| Government & taxes | ||
| Property tax | $2,579 | $215/mo |
| Land transfer tax(closing) | $6,655 | $555/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,090 | $424/mo |
| Condo fees | ||
| Condo / HOA fees | $8,548 | $712/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $56,704 | $4,725/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.