501 Yonge St 1512
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$1,080,000
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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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 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
Bay & College (141)
Bay & Wellesley (210)
Yonge & Wellesley (235)
Bay & Bloor (499)
Yonge & Carlton (183)
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
$4,792 (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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.17' x 23.29' | Combined W/Dining, W/O To Balcony, Laminate |
| Dining | Main | 10.17' x 23.29' | Combined W/Living, W/O To Balcony, Laminate |
| Kitchen | Main | 10.17' x 23.29' | Stainless Steel Appl, Open Concept, Modern Kitchen |
| Br | Main | 9.02' x 13.45' | W/O To Balcony, Large Window, Large Closet |
| 2nd Br | Main | 9.02' x 10.17' | Murphy Bed, Large Window, Laminate |
| Den | Main | 9.02' x 11.15' | Sliding Doors, Large Window, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 1512 is a 2-bedroom 2-bathroom condo listed for sale at $1,080,000, which is $292,938 (37.2%) higher than the average sold price of $787,062 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $7,422 (1.0%) compared to the previous 30 day period (July 30 - August 28) and up $2,995 (0.4%) from the same time one year ago.Inventory Change
There were 1,564 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 48.7% compared with the previous 30 day period (July 30 - August 28) and up 8.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,062) (2.0%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,285 increase compared to the previous 30 day period (July 30 - August 28) and ($10,882) less 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 2-bedroom condos in Downtown Toronto over the last 30 days (August 29 - September 27) stood at 28.3%, down from 42.9% over the previous 30 days (July 30 - August 28) and down from 32.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (August 29 - September 27), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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