5508 Yonge Street NE 308, Toronto C07

$575,000
5508 Yonge Street NE 308

$575,000

New
18d
Condo ApartmentApartment

5508 Yonge Street NE 308, Toronto C07

Total Monthly Obligation $3,427

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
18d
Score
19
Yield
6.0%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-C13860584
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,031 (2026)
Maintenance-$654.66/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Willowdale West
Title-Residential Condo & Other

No agent assigned

Location, W/Wrap Around Large Balcony Off Yonge Side, Open-Concept 2 Bedroom, 2 Washroom, Overlooking Inner Corner Unit On Yonge Street In The Heart Of North York! Steps To TTC Subway (Finch Station), Go Bus Terminal, Shoppers Drug Mart, Restaurants. Easy 401 Access. Parking & Locker Included. Party Room, Exercise Room, Virtual Golf, Theater Room, Billiard, Business Center 24 Hours Concierge Security.

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

Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,427/mo
Mortgage $2,319
Monthly Loss $2,816
Principal$610
Interest$1,709
Property Tax$253
Condo Fees$655
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
10.2%
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
$34,464/yr
NOI
$17,731/yr
Net Cash Flow
-$842/mo
Cash Margin
-29.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.1/ 100

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

Comparables

Properties near 5508 Yonge Street NE 308

Time

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Data last updated within the past 24 hours.