501 Yonge St 1512

FOR SALE
$1,080,000
501 Yonge St 1512, Downtown Toronto
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C9366620
MLSID
Contact Us
Property Description
Yonge & Wellesley. TEA house Condo in the heart of downtown Toronto ,Gorgeous 3Bedroon with Two 4Pc full Baths ,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, Beautiful City View, One Parking And One Locker included.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-25 2024-12-14 80 $1,080,000 - Suspended
2024-05-15 2024-09-24 132 $1,198,000 - Terminated
2024-05-15 2024-06-24 40 $1,198,000 - Suspended
2023-05-17 2023-06-16 30 $4,550 $4,550 Leased
2023-04-03 2023-06-16 74 $4,550 $4,550 Leased
2023-04-03 2023-05-12 39 $4,550 - Suspended
2023-04-03 2023-04-05 2 $4,550 - Suspended
2021-09-20 2021-11-01 42 $3,600 $3,650 Leased
2021-08-24 2021-09-18 25 $4,200 - Terminated
Extras
All S.S. Appliances(Fridge, Stove, B/I Dishwasher, Microwave). Stacked Washer & Dryer, 1 Murphy Bed, 1Parking And 1 Locker.
Nearby Intersections
Property Features
Arts Centre, Clear View, Hospital, Library, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$4,792 (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 (P5-132)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain10.17' x 23.29'Combined W/Dining, W/O To Balcony, Laminate
DiningMain10.17' x 23.29'Combined W/Living, W/O To Balcony, Laminate
KitchenMain10.17' x 23.29'Stainless Steel Appl, Open Concept, Modern Kitchen
BrMain9.02' x 13.45'W/O To Balcony, Large Window, Large Closet
2nd BrMain9.02' x 10.17'Murphy Bed, Large Window, Laminate
DenMain9.02' x 11.15'Sliding Doors, Large Window, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 1512 is a 3-bedroom 2-bathroom condo listed for sale at $1,080,000, which is $201,156 (22.9%) higher than the average sold price of $878,844 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $3,928 (0.4%) compared to the previous 30 day period (November 19 - December 18) and down $48,028 (5.2%) from the same time one year ago.
Inventory Change
There were 147 3-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 6.5% compared with the previous 30 day period (November 19 - December 18) and up 38.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($34,368) (3.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $7,202 decrease compared to the previous 30 day period (November 19 - December 18) and ($37,120) 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 (December 19 - January 17) stood at 40.8%, up from 39.1% over the previous 30 days (November 19 - December 18) and down from 49.1% 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 44 days when successfully sold over the last 30 days (December 19 - January 17), compared to 77 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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