501 Yonge Street, Toronto C08, ON

$559,000
MLS#:C12273830
2 beds
1 baths
0-499 sqft
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $559,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to Teahouse Condos at 501 Yonge St, a landmark development by Lanterra. This stylish 1+Den suite features floor-to-ceiling windows, sleek laminate flooring, and a modern kitchen with granite counters, designer cabinetry, and stainless steel appliances. Enjoy east-facing views of Toronto's skyline from your private balcony. The den offers the perfect space for a home office or study. Exceptional amenities include a rooftop pool and terrace, Zen garden, fitness centre, yoga studio, pet spa, and hot/cold plunge pools. Ideally located in the heart of downtown, you're just steps to Wellesley & College subway stations, TTC, U of T, TMU, Queens Park, hospitals, the Eaton Centre, and top restaurants. With a 99 Walk Score and 98 Transit Score, this is urban living at its best. Perfect for professionals, students, or investors seeking a premium downtown lifestyle in one of Toronto's most vibrant and well-connected communities.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 23, 2025
Sold price information is available to members only
Listed Date7/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionConcrete
CountyToronto
Annual Tax$2,603.65

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Clear View, Hospital, Park, Public Transit, Rec./Commun.Centre, School

Community Features

Location

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501 Yonge Street, Toronto C08, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 501 Yonge Street 4208, Toronto C08, ON M4Y 1Y4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$447,200
Monthly Mortgage$2,598
Property Tax (Est.)$217
Utilities & Maint.$350
Total Monthly Cost$3,165

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C08.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Church Yonge Corridor, Toronto C08.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$705,990

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Church Street
Public83 Alexander Street, Toronto, Ontario, M4Y 1B7
4.8
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7

Secondary Schools

Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.