501 Yonge Street, Toronto, ON
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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 $649,900 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 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Welcome to the luxurious Teahouse Condos by renowned developer Lanterra. This stunning 1- bedroom plus den unit offers a beautiful and practical layout, perfect for modern living. Featuring floor-to-ceiling windows that bathe the space in natural light, laminate flooring throughout, and a sleek kitchen with designer cabinetry, granite counters, and stainless steel appliances. Step outside to your private, spacious balcony and enjoy captivating south-west views of Torontos stunning cityscape, including a beautiful view of the water. The den offers a versatile space ideal for a home office or additional storage. This unit also includes a locker for added convenience. Indulge in world-class amenities such as a rooftop pool and patio, a serene Zen garden, a state-of-the-art fitness center, a pet spa, a yoga studio, and indoor hot & cold plunge pools. Located in the heart of Toronto' s core, youre just steps away from subway stations, the TTC, Queens Park, U of T, George Brown College, Eaton Centre, and a variety of dining options. Dont miss this opportunity to experience the epitome of Toronto living at its finest.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 501 Yonge Street 3610, Toronto C08, ON M4Y 0G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $649,900 in Toronto, the legal minimum down payment is $39,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,473 also applies, bringing the total estimated land transfer taxes to $18,946.
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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.
