5508 Yonge St #2308 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $699,000. It has 800-899 sq ft of living space.
1Located at Centre of North York.
2Walking distance To Finch Subway Station/Bus Terminals, restaurants, supermarkets; Corner Unit, W/Unobstructed facing N/E View; Laminate Flooring; 24-hour security; Well Maintained.
3On ground visitor parking; Amenities: Tv Theater, Billiards, Party Room, Business Center, Ground Visitor Parking, Exercise Rooms, Golf Rooms And Game Room.
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.
2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $874 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 5508 Yonge St #2308
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
5508 Yonge St #2308 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,434
/mo
based on the purchase price of $699,000
$139,800 cash
$559,200 financed
$470,993 total interest
Principal54%$559,200
Interest46%$470,993
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $699K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4900.6%On average, homes sold at or above asking.
Active listings12,825Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,684 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 3 for rent at 5508 Yonge St — plus its sale and lease history.
5508 Yonge St #2308 is listed at $699,000 (MLS® C13688622). Summitly updates the price as soon as the MLS® record changes.
Is $699,000 a good price for 5508 Yonge St #2308?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5508 Yonge St #2308 changed?
Yes — it was first listed at $718,000 and is now $699,000, a drop of $19,000 (2.6%).
How many bedrooms and bathrooms does 5508 Yonge St #2308 have?
5508 Yonge St #2308 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.
Is 5508 Yonge St #2308 close to transit?
The nearest rapid-transit station is Finch Station (Line 1), about 330 m (about a 4-minute walk) in a straight line. North York Centre Station is about 1.1 km (about a 14-minute walk), and Sheppard-Yonge Station is about 1.9 km (about a 24-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5508 Yonge St #2308?
About $3,434 a month — principal and interest on $699,000 with 20% down ($139,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5508 Yonge St #2308 compare with other homes in Toronto?
Its asking price of $699,000 is about 18% below the median sold price in Toronto over the last 90 days, $848,250, across 9,684 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5508 Yonge St #2308 been sold before?
Summitly has no earlier MLS® sale or lease of 5508 Yonge St #2308 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5508 Yonge St #2308?
5508 Yonge St #2308 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5508 Yonge St #2308 been on the market?
56 days — 5508 Yonge St #2308 was listed on August 18, 2026.
What is the price per square foot of 5508 Yonge St #2308?
About $778 to $874 per square foot: the asking price of $699,000 over the 800–899 sq ft the listing gives as its size range.
Does 5508 Yonge St #2308 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
