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    5508 Yonge Street

    3for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    27
    Number of Units:
    258
    Condo Completion:
    2009
    Condo Demand:
    High
    Unit Size Range:
    522 - 1,000 SQFT
    Unit Availability:
    Low

    Listing History for Pulse II Condos

    Receive listing updates for Willowdale

    Amenities

    Guest Suites
    Concierge
    Indoor Parking
    Gym Room
    Media Room
    Rec Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5508 Yonge StreetPulse II Condos

    Located at 5508 Yonge Street, Pulse II Condos is a 27-storey condo containing 258 units. These Toronto condos were developed by Pemberton Group and completed in 2009. Units start at 522 square feet and can be as large as 1000 square feet. What makes a Willowdale condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has an excellent Walk Score of 94 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.64 per-square-foot, which is lower than the neighbourhood average of $0.80 per-square-foot.

    The Suites

    On average, units at 5508 Yonge Street sell 4.34% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $855 and units sell with 18 days on market on average. Over the past 12 months, 6 have sold and 32 have have been rented here.

    The Neighbourhood

    This is a great choice for foodies — with restaurants like Lim Ga Ne, Charcoal and Salt and Hashi Izakaya nearby, the only issue will be picking just one. Need a break while working from home? Pop-over to Hi Art School Toronto, (Korean Cafe) Bene 32 and Café Princess to grab some coffee or tea!

    There are a number of grocery stores within a short drive, including Metro, H Mart North York and Food Basics.

    Pulse II Condos is a great choice for residents who are money conscious — with banks like BMO Bank of Montreal and CIBC Business Contact Centre nearby.

    This condo is also situated within minutes of green spaces like Olive Square Park, Olive Square and Lorraine Drive Park.

    Enhance your personal style while living in the Willowdale neighbourhood by visiting Collaboht Branding, North York Centre and Empress Walk.

    When the weekend rolls around, GallerySunami, Gibson House Museum and Irena Art Gallery are within a short 3-minute drive away. Cineplex Cinemas Empress Walk is just a short drive away for movie nights.

    There are plenty of nearby school choices — McKee Public School, Churchill Public School and Yorkview Public School — with more in neighbouring areas so you can find the best school for your child’s needs. This location is a great choice for families who are seeking top-notch educational institutions like Jonas High School, Horizons Secondary School and Fun with Langugaes Kids Learning Program.

    Transportation

    Transit users will love the Willowdale neighbourhood with convenient light transit routes like Finch Ave West At Yonge St nearby. Transit riders will love living just 0 minutes from Finch Station.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5500 Yonge Street, 23 Lorraine Drive and 7 Lorraine Drive.

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    Explore Willowdale

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    32,007
    Average Individual Income
    $57,784
    Average Household Size
    3 persons
    Average Age
    54
    Average Household Income
    $98,978
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    21%
    Semi Detached
    20%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    18%
    Mandarin
    13%
    Other
    11%
    Tamil
    3%
    Tagalog
    2%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    29%
    High School
    28%
    None
    19%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Pulse II Condos vs The Willowdale Area

    Days on Strata

    Units at Pulse II Condos spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Willowdale

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    38th
    Highest price per SQFT out of 109 condos in the Willowdale area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    32
    Units were Rented over the past twelve months

    Best Value Rank

    Pulse II Condos offers the
    ?
    best value out of 109 condos in the Willowdale neighbourhood

    Appreciation Rank

    Pulse II Condos has the
    ?
    highest ROI out of 109 condos in the Willowdale neighbourhood

    Rental Yield

    Pulse II Condos yields the
    ?
    highest rent prices out of 109 condos in the Willowdale neighbourhood

    High Demand

    Pulse II Condos is the
    ?
    most popular building out of 109 condos in the Willowdale neighbourhood

    Transaction Insights at 5508 Yonge Street

    1 Bed1 Bed + Den2 Bed
    Price Range$550,000 - $565,000No Data$643,800 - $810,000
    Avg. Cost Per Sqft$910No Data$852
    Avg. Wait for Unit Availability68 Days135 Days40 Days
    Ratio of Units in Building41%10%49%

    Unit Sales vs Inventory

    Total number of units listed and sold in Willowdale