501 Yonge St 2704
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$498,000
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Property Description
TEAHOUSE Condominiums By Renowned Builder Lanterra, South Taller building Steps to TTC Subway and walking distance to UOT, TMU, George Brown, Eaton Centre, Restaurants, Hospital, Queens Park, Bloor Street-Yorkville Shopping, A Few Minutes To The Financial District And Entertainment District. Spacious Functional Studio Unit With Murphy Bed & Mattress, Floor To Ceiling Windows, Designer Kitchen Cabinetry With Stainless Steel Appliances & Stone Counter Tops, Laminate Flooring Throughout. Two Lockers included.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-17 | 2024-09-17 | 123 | $499,900 | - | Terminated |
Extras
TWO LOCKERS are INCLUDED! UNIT Number 95 and 96 in Level 2
Nearby Intersections
Bay & College (97)
Bay & Wellesley (148)
Yonge & Wellesley (175)
Bay & Bloor (346)
Yonge & Carlton (135)
Property Features
Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,967 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.83' x 20.34' | Murphy Bed, B/I Shelves, Laminate |
| Kitchen | Flat | 10.83' x 20.34' | Laminate, Combined W/Living, Stainless Steel Appl |
| Laundry | Flat | 2.79' x 3.28' | Ceramic Floor |
| Bathroom | Flat | 4.92' x 7.55' | Ceramic Floor, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 2704 is a 0-bedroom 1-bathroom condo listed for sale at $498,000, which is $130,535 (35.5%) higher than the average sold price of $367,465 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $49,139 (11.8%) compared to the previous 30 day period (November 18 - December 17) and down $65,745 (15.2%) from the same time one year ago.Inventory Change
There were 53 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is up 10.4% compared with the previous 30 day period (November 18 - December 17) and up 60.6% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($9,034) (2.5%) below asking price over the last 30 days (December 18 - January 16), which represents a $2,805 increase compared to the previous 30 day period (November 18 - December 17) and ($16,026) 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 30.2%, down from 43.8% over the previous 30 days (November 18 - December 17) and down from 57.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 36 days when successfully sold over the last 30 days (December 18 - January 16), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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