501 Yonge St 1805
Bay Street Corridor, Downtown Toronto, M4Y 1Y4
FOR SALE
$1,299,000
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3 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC10416938
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Property Description
Teahouse On Yonge Street. Steps To Subway Stations, Bloor-Yorkville Luxury Shopping, Eaton Centre, Restaurants, Universities, Hospitals, And Banks. Building Amenities Include Outdoor Pool, Indoor Onsen Pools, Fitness Centre, Yoga Room, Party Room, Lounges, And Home Theater Room.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-16 | 2023-12-31 | 137 | $1,199,900 | - | Expired |
| 2023-05-16 | 2023-08-16 | 93 | $1,299,900 | - | Suspended |
| 2023-02-03 | 2023-03-10 | 35 | $4,380 | $4,380 | Leased |
| 2022-12-07 | 2023-02-02 | 57 | $4,500 | - | Suspended |
| 2022-09-04 | 2022-12-04 | 91 | $4,600 | - | Expired |
| 2021-08-19 | 2021-08-25 | 6 | $4,000 | $4,000 | Leased |
Extras
All Appliances (Fridge, Stove, Dishwasher, Washer, Dryer. )One Parking, One Locker.
Nearby Intersections
Bay & College (97)
Bay & Wellesley (148)
Yonge & Wellesley (175)
Bay & Bloor (346)
Yonge & Carlton (135)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$4,833 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P6)
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 33.14' x 76.44' | Open Concept, Balcony |
| Dining | Ground | 33.14' x 76.44' | Combined W/Kitchen |
| Kitchen | Ground | 10.07' x 10.07' | Stainless Steel Appl, Granite Counter, Hardwood Floor |
| Prim Bdrm | Ground | 29.53' x 43.31' | W/O To Balcony |
| 2nd Br | Ground | 29.53' x 33.14' | Closet |
| 3rd Br | Ground | 29.53' x 37.07' | Closet |
| Den | Ground | 6.56' x 8.20' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 1805 is a 3-bedroom 2-bathroom condo listed for sale at $1,299,000, which is $487,858 (60.1%) higher than the average sold price of $811,142 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $63,103 (7.2%) compared to the previous 30 day period (November 18 - December 17) and down $145,992 (15.3%) from the same time one year ago.Inventory Change
There were 133 3-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 3.6% compared with the previous 30 day period (November 18 - December 17) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($27,806) (3.4%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,644 decrease compared to the previous 30 day period (November 18 - December 17) and ($35,059) 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 18 - January 16) stood at 45.9%, up from 41.3% over the previous 30 days (November 18 - December 17) and down from 56.1% 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 43 days when successfully sold over the last 30 days (December 18 - January 16), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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