$519,000

For sale

#308 5508 Yonge Street Northeast, Toronto (Willowdale West), Ontario, M2N7L2

2 bd2 ba1 pk850 ft²+$655/mo

Listed by HOMELIFE LANDMARK REALTY INC.

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For saleJust listed

Today

$548K

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2 bd2 ba1 pk1,300 ft²+$1247/mo

Listed by FOREST HILL REAL ESTATE INC.

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For saleJust listed

Today

$530K

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1 bd1 ba550 ft²+$409/mo

Listed by HC YouHome Realty Inc.

#212 503 Beecroft Road, Toronto (Willowdale West), Ontario, M2N0A2

For saleJust listed

Yesterday

$470K

#212 503 Beecroft Road, Toronto (Willowdale West), Ontario, M2N0A2

2 bd1 ba1 pk650 ft²+$767/mo

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Investment analysis

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$519,000

Toronto

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#PH03 5508 Yonge Street, Toronto (Willowdale West) - Single Family for Sale

#PH03 5508 Yonge Street, Toronto (Willowdale West), Ontario, M2N7L2

1 bed1 bath1 parking550 ft²$461/mo condo feeListed 23 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $519,000, it is attractively priced about 13% below the $600,000 median asking price in Toronto. It has been on the market 23 days, fresher than the Toronto average of 73 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Elevate your everyday in this stunning 1-bedroom penthouse, offering bright, open-concept living and spectacular views from high above the city. Floor-to-ceiling windows fill the suite with natural light, while an expansive balcony-accessible from both the living area and bedroom-creates the perfect outdoor retreat for morning coffee, evening drinks, or simply taking in the skyline. The generously sized bedroom features a large closet with custom built-ins, providing exceptional storage and organization. Perfectly positioned in a highly sought-after neighbourhood, you're just steps from Finch Station and moments from shopping, restaurants, everyday conveniences, and easy access to Highway 401. A rare opportunity to enjoy the views, privacy, and elevated lifestyle that only penthouse living can offer. (id:66096)

Property Details

MLS®: C14032230
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $461/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,398/yr
Listed: 23 days ago

Rooms

Flat

Living room: 4.64 x 3.69 meters
Dining room: 4.64 x 3.69 meters
Kitchen: 2.81 x 2.59 meters
Primary Bedroom: 3.15 x 3.01 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Blinds
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (Willowdale West) listings, avg age

73d

Price / ft²

$944

List price

$519K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Willowdale West) has been listed for 23 days, which is 50 days fresher than the city average of 73. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · JOSH BENOLIEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $519,000, about 6.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$519,000· $944/ft²

For sale

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Full Cost Breakdown

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Down Payment5.18% · $26,900

Min 5.18%50%

Mortgage payment$2,728/mo

↳ CMHC premium ($19,684 capitalized)

Property tax (est.)$200/mo

Condo fee$461/mo

Total monthly$3,389

Cash Needed to Close

Down payment (5.18%)$26,900

Land transfer tax$13,710

Est. closing costs$4,057

Total cash needed$44,667

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice