1403-5500 Yonge Street, Toronto, ON

Willowdale West, Toronto · MLS® C13256574

$575,900
For Sale
Listed 49 days ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to this bright, sun lit , immaculately maintained 2-bedroom, 1 bathroom suite, steps away from the Yonge n Finch Subway Station. This open concept, South East facing unit offers a functional Kitchen, lots of storage space, full size washer and dryer, spacious living and dining areas, and two generously sized bedrooms, making it ideal for first-time home buyers, professionals, downsizers or investors. Enjoy the added value of not one, but two lockers, with the second locker being an oversized unit with direct garage access, providing rare and practical storage solutions and a large underground parking spot situated closed to the elevator. Residents of the Pulse enjoy low maintenance fees, an array of building amenities, 24 hr. concierge, party room, gym, theatre room, games room, visitor parking. When you live at 5500 Yonge, you are close to restaurants, and shops for your convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13256574
Bedrooms
2
Bathrooms
1
Size
700-799
Lot
740
Cross streets
Yonge and Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Concrete
Maintenance
$646/mo
Exposure
South East
Property tax
$2,790 / 2025
Days on market
49
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Living RoomFlat3.77 × 3.22 m

open concept · combined w/dining · laminate

Bedroom 2Flat3.13 × 2.42 m

large window · large closet · laminate

Primary BedroomFlat4.35 × 3.09 m

large window · large closet · laminate

KitchenFlat2.50 × 2.93 m

open concept · ceramic floor

Dining RoomFlat2.15 × 4.81 m

open concept · combined w/living · laminate

Our TakeTeam Asgarian · Broker
Below comparables
$582Kest. value

Listed at $575,900, and my independent estimate is about 1% below comparable homes, worth a close look.

In Willowdale West lately, sellers get about 97% of asking; homes sell in ~36 days.

List price
$576KGreat deal$587KOverpriced

Total price vs nearby homes. Fair value about $582K, median of 4 comparables.

How this estimate is builtthe short version

I take the 4 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $612K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Willowdale Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 4 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Willowdale West · asking prices
$602kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

603-509 Beecroft Road$499kPh107-75 Canterbury Place$659kPH09-68 Canterbury Place$616k1207-5180 Yonge Street$635k508-5508 Yonge Street$600k

The 5 closest of 8 active listings nearby.

See all comparable homes
576kThis home499k659k616k635k600kThis home vs active comparables
Live market pulseActive comparables in Willowdale West · median list $645K
$768this home / sqft
49active listings nearby
49days on market
100sold nearby · 90 days
$572Kmedian sold price
97%of asking, on average

This home lists 9% below the area average of $844/sqft.

48 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Willowdale West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$479K
Bayview Village
$548K
Mount Pleasant West
$632K
Tam O'Shanter-Sullivan
$409K
Agincourt North
$480K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Willowdale Middle School
78%
Willowdale Middle SchoolPublic · Elementary · 1.2 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$2,625/mo
$123KIncome needed
4.7×Price ÷ income
$606Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

75%mortgage
Mortgage $2,625Property tax $233Condo fee $646Total carry $3,503

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,459per month

Mortgage amount $460,720 · 4.14% over 25 years

$115,180Down payment (20.0%)
$460,720Loan before insurance
$0CMHC premium
$3,337Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,459
Property tax
$233
Condo / maintenance fees
$646
Heating
$0
Estimated monthly cost
$3,337

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,993
Toronto municipal land transfer tax
$7,993
Estimated closing costs
$15,986

Plus your down payment of $115,180. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,986/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$276,852Total interest paid
$737,572Total of all payments
Principal $460,720 Interest $276,852
YearPrincipalInterestBalance
1$10,793$18,710$449,927
2$11,245$18,258$438,682
3$11,715$17,788$426,968
4$12,205$17,298$414,763
5$12,715$16,787$402,047
6$13,247$16,256$388,800
7$13,801$15,701$374,999
8$14,379$15,124$360,620
9$14,980$14,523$345,640
10$15,607$13,896$330,033
11$16,260$13,243$313,774
12$16,940$12,563$296,834
13$17,648$11,855$279,186
14$18,386$11,116$260,799
15$19,155$10,347$241,644
16$19,957$9,546$221,687
17$20,791$8,711$200,896
18$21,661$7,842$179,235
19$22,567$6,936$156,667
20$23,511$5,992$133,156
21$24,495$5,008$108,662
22$25,519$3,984$83,142
23$26,587$2,916$56,556
24$27,699$1,804$28,857
25$28,857$646$0

At the end of your 5-year term

Total paid over the term
$147,514
Principal paid down
$58,673
Interest paid
$88,842
Balance remaining
$402,047

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
2.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.0%
Gross yield
− Property tax $2,790− Condo fees $7,752− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,490

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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