5508 Yonge Street 508, Toronto C07

$549,000
5508 Yonge Street 508

$549,000

New
7d
Condo ApartmentApartment

5508 Yonge Street 508, Toronto C07

Total Monthly Obligation $3,350

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
7d
Score
19
Yield
6.2%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-C14088988
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,978.64 (2026)
Maintenance-$687.07/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete Poured
Possession-30/TBA
Neighbourhood-Willowdale West
Title-Residential Condo & Other

No agent assigned

Welcome to Pulse Condos by the Pemberton Group - a freshly painted and updated bright north-east corner suite in the heart of North York at Yonge & Finch. This spacious 2-bedroom, 2-bathroom unit offers approximately 810 sq.ft. of stylish interior living space plus a rare 250 sq.ft. wrap-around balcony, providing over 1,000 sq.ft. of total living space.Enjoy an open-concept layout with unobstructed northeast city views and abundant natural light. The modern kitchen feature ample cabinetry, a dual sink with an updated faucet, and a ceramic backsplash. Laminate flooring runs throughout the main living areas, while both bedrooms offer soft broadloom for added comfort. The well-designed layout includes two generously sized bedrooms, two updated bathrooms, excellent closet space, and exceptional functionality throughout.Low maintenance fees include parking and a locker. Residents enjoy access to premium amenities, including a 24-hour concierge, fitness centre, party room with a terrace, games room (foosball, pool table, ping-pong table), golf simulator, meeting room, shared bike racks, 2 guest suites, and more.Ideally located just steps to Finch Station, TTC, GO Transit, shopping, banks, restaurants, and endless entertainment options,this is urban living at its finest.Move in and enjoy - don't miss this exceptional opportunity!

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$
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$3,350/mo
Mortgage $2,215
Monthly Loss $2,767
Principal$583
Interest$1,632
Property Tax$248
Condo Fees$687
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.4%31
10-Year IRR
10.3%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,924/yr
NOI
$16,908/yr
Net Cash Flow
-$806/mo
Cash Margin
-28.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5508 Yonge Street 508

Time

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