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    Ultima at Broadway North Tower

    4978 Yonge Street

    5for Sale
    3for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    36
    Number of Units:
    384
    Condo Completion:
    2005
    Condo Demand:
    High
    Unit Size Range:
    425 - 1,828 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Ultima at Broadway North Tower

    Amenities

    Security System
    Party Room
    Concierge
    Sauna
    Indoor Pool
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 4978 Yonge StreetUltima at Broadway North Tower

    If you’re looking for a Toronto condo for sale, then Ultima at Broadway North Tower is a great choice. Standing 36 storeys tall at 4978 Yonge Street, this development provides residents with an excellent starting point to explore the Willowdale neighbourhood. The property was completed in 2005 by Menkes, and is comprised of 384 units, ranging in size from 425 to 1828 square feet.

    This condo has an above average Walk Score of 96 and a high demand ranking, based on Strata.ca stats. Maintenance fees at 4978 Yonge Street are $0.92 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    The average cost per-square-foot for a unit at 4978 Yonge Street is $1,348 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.

    Units at Ultima at Broadway North Tower spend 14 days on the market on average and usually sell for -0.94% below the listing price. In the last 12 months, 48 units have rented, and 11 have sold.

    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.

    5

    Listings For Sale

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    3

    Listings For Rent

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    Nearby Amenities

    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
    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%

    Days on Strata

    Units at Ultima at Broadway North Tower spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 111 condos in the Willowdale area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    48
    Units were Rented over the past twelve months

    Best Value Rank

    Ultima at Broadway North Tower offers the
    ?
    best value out of 111 condos in the Willowdale neighbourhood

    Appreciation Rank

    Ultima at Broadway North Tower has the
    ?
    highest ROI out of 111 condos in the Willowdale neighbourhood

    Rental Yield

    Ultima at Broadway North Tower yields the
    ?
    highest rent prices out of 111 condos in the Willowdale neighbourhood

    High Demand

    Ultima at Broadway North Tower is the
    ?
    most popular building out of 111 condos in the Willowdale neighbourhood

    Transaction Insights at 4978 Yonge Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$568,000$660,000 - $688,000$680,000 - $690,000$830,000 - $855,000$897,000 - $1,060,000
    Avg. Cost Per Sqft$1,204$1,010$918$775$1,117
    Avg. Wait for Unit Availability49 Days42 Days83 Days119 Days126 Days
    Ratio of Units in Building36%31%16%10%9%

    Maintenance Fees

    Ultima at Broadway North Tower vs The Willowdale Area

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