2308-5508 Yonge Street, Toronto, ON

Willowdale West, Toronto · MLS® C13412882

$728,000
For Sale
Listed 45 days ago
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◎ Directions
2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Located at Centre of North York. Walking distance To Finch Subway Station/Bus Terminals, restaurants, supermarkets; Corner Unit, W/Unobstructed facing N/E View; Laminate Flooring; 24-hour security; Well Maintained. On ground visitor parking; Amenities: Tv Theater, Billiards, Party Room, Business Center, Ground Visitor Parking, Exercise Rooms, Golf Rooms And Game Room. Large balcony.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13412882
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Yonge/Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$655/mo
Exposure
North East
Property tax
$2,979 / 2026
Days on market
45
Listing brokerage
ADJOIN REALTY INC.
Our TakeTeam Asgarian · Broker
Above comparables
$629Kest. value

Listed at $728,000, and my independent estimate is about 16% above what comparable homes suggest.

In Willowdale West lately, sellers get about 98% of asking; homes sell in ~35 days.

List price
$622KGreat deal$728KOverpriced

Total price vs nearby homes. Fair value about $629K, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 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 $657K, a close match.

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($857/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Willowdale West · asking prices
$729kavg asking

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

1610-503 Beecroft Road$729k1915-233 Beecroft Road$699k1806-5162 Yonge Street$698k1610-5500 Yonge Street$729k1209-5168 yonge Street$789k

The 5 closest of 8 active listings nearby.

See all comparable homes
728kThis home729k699k698k729k789kThis home vs active comparables
Live market pulseActive comparables in Willowdale West · median list $650K
$857this home / sqft
49active listings nearby
45days on market
100sold nearby · 90 days
$570Kmedian sold price
98%of asking, on average

This home lists 3% above the area average of $834/sqft.

44 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
$491K
Bayview Village
$549K
Henry Farm
$627K
Bendale
$449K
Bay Street Corridor
$560K

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 · 1.3 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$3,318/mo
$150KIncome needed
4.9×Price ÷ income
$766Weekly 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.

79%mortgage
Mortgage $3,318Property tax $248Condo fee $655Total carry $4,221

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,108per month

Mortgage amount $582,400 · 4.14% over 25 years

$145,600Down payment (20.0%)
$582,400Loan before insurance
$0CMHC premium
$4,011Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,108
Property tax
$248
Condo / maintenance fees
$655
Heating
$0
Estimated monthly cost
$4,011

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

One-time closing costs

Ontario land transfer tax
$11,035
Toronto municipal land transfer tax
$11,035
Estimated closing costs
$22,070

Plus your down payment of $145,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,775/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

$349,971Total interest paid
$932,371Total of all payments
Principal $582,400 Interest $349,971
YearPrincipalInterestBalance
1$13,644$23,651$568,756
2$14,214$23,081$554,542
3$14,809$22,486$539,733
4$15,428$21,867$524,305
5$16,074$21,221$508,231
6$16,746$20,549$491,485
7$17,446$19,848$474,039
8$18,176$19,119$455,863
9$18,936$18,358$436,926
10$19,729$17,566$417,198
11$20,554$16,741$396,644
12$21,414$15,881$375,230
13$22,309$14,986$352,921
14$23,242$14,052$329,679
15$24,215$13,080$305,464
16$25,227$12,067$280,237
17$26,283$11,012$253,954
18$27,382$9,913$226,572
19$28,527$8,767$198,045
20$29,721$7,574$168,324
21$30,964$6,331$137,360
22$32,259$5,036$105,101
23$33,608$3,687$71,493
24$35,014$2,281$36,479
25$36,479$816$0

At the end of your 5-year term

Total paid over the term
$186,474
Principal paid down
$74,169
Interest paid
$112,305
Balance remaining
$508,231

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$2,700/mo
$32,400Gross annual rent
2.4%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.

4.5%
Gross yield
− Property tax $2,979− Condo fees $7,856− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,401

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

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