501 Yonge St 1212
Bay Street Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$1,089,000
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BEDROOMS2
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Property Description
Gorgeous 3Bedroon with Two 4Pc full Baths Like New . Teahouse condos in the heart of downtown Toronto at Yonge & Wellesley. Short distance to Yonge & Bloor, University of Toronto, Toronto Metropolitan University, Yonge & Dundas, Eaton Centre, subway stations and much more! Enjoy beautiful South-West views with floor-to-ceiling windows, two balconies, sleek contemporary finishes. Building amenities incl: a fitness room, yoga room, outdoor pool and lounging deck, BBQ areas, outdoor garden and more.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-09 | 2024-09-12 | 126 | $1,199,000 | - | Terminated |
| 2023-04-03 | 2023-04-08 | 5 | $4,500 | $4,500 | Leased |
| 2023-04-03 | 2023-04-09 | 6 | $4,500 | $4,500 | Leased |
Extras
All Appliances (Fridge, Stove, Dishwasher, Washer, Dryer. ) window blinders, One parking included !
Nearby Intersections
Bay & College (141)
Bay & Wellesley (209)
Yonge & Wellesley (232)
Bay & Bloor (484)
Yonge & Carlton (187)
Property Features
Arts Centre, Clear View, Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$4,757 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P4-129)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.83' x 23.26' | Combined W/Dining, Open Concept, W/O To Balcony |
| Dining | Main | 10.83' x 23.26' | Combined W/Kitchen, Open Concept |
| Kitchen | Main | 10.83' x 23.26' | Combined W/Dining, Open Concept |
| Br | Main | 8.99' x 13.16' | 4 Pc Ensuite, B/I Closet, Window Flr to Ceil |
| 2nd Br | Main | 8.99' x 10.83' | Closet, W/O To Balcony |
| 3rd Br | Main | 8.99' x 11.25' | Closet, Closet, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 1212 is a 3-bedroom 2-bathroom condo listed for sale at $1,089,000, which is $302,848 (38.5%) higher than the average sold price of $786,152 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $58,081 (6.9%) compared to the previous 30 day period (July 20 - August 18) and down $196,964 (20.0%) from the same time one year ago.Inventory Change
There were 252 3-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 28.6% compared with the previous 30 day period (July 20 - August 18) and up 43.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($14,850) (1.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $16,028 increase compared to the previous 30 day period (July 20 - August 18) and ($31,772) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 31.3%, down from 31.6% over the previous 30 days (July 20 - August 18) and down from 38.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 29 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Homeliving Empire Realty Inc.
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