501 Yonge Street 2508, Toronto C08

$399,900
501 Yonge Street 2508

$399,900

Price Change
19d
Condo ApartmentApartment

501 Yonge Street 2508, Toronto C08

Total Monthly Obligation $2,418

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
0
Sqft
0-499
DOM
19d
Score
22
Yield
6.6%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Condo Apartment
MLS® Number-C13862274
Bed+Den-2+1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 4, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,558.76 (2025)
Maintenance-$391.7/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60-89 days
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Client Remarks Wonderful Location at Yonge & Wellesley!Two-Year-New 1 Bed + Den at Teahouse Condos. Den Can Be Used as 2nd Bedroom or Home Office. 9' Ceilings & Laminate Flooring Throughout. Spacious Bedroom with Floor-to-Ceiling Windows. Modern Kitchen with Granite Countertop, Backsplash & S/S Appliances. Marble Vanity in Bath. Unobstructed East Sunrise View.Steps to U of T, TMU, Subway, Shops, Restaurants, Hospitals.Five-Star Amenities: 24/7 Concierge, Gym, Rooftop Pool & Patio, Hot/Cold Plunge Pools, Party Room with Wet Bar, Lounges, Billiards, Boardroom, Theatre & More!

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,418/mo
Mortgage $1,613
Monthly Loss $1,994
Principal$424
Interest$1,189
Property Tax$213
Condo Fees$392
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.9%42
10-Year IRR
11.4%
Returns Index
21.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$26,292/yr
NOI
$14,004/yr
Net Cash Flow
-$446/mo
Cash Margin
-20.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
32.4/ 100

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

Comparables

Properties near 501 Yonge Street 2508

Time

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Data last updated within the past 24 hours.