501 Yonge St 3213

FOR SALE
$679,000
501 Yonge St 3213, Downtown Toronto
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
501 Yonge St 3213
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C9357592
MLSID
Contact Us
Property Description
Welcome to the Teahouse Condos. One Bedroom Plus Den Suite Features Designer Kitchen Cabinetry with Stainless Steel Appliances & Stone Countertops. Bright Floor-to-Ceiling Windows with Laminate Flooring Throughout. Steps to the University of Toronto, Ryerson, George Brown, Hospital Row, Queens Park, TTC Subway, Bloor Street-Yorkville Shopping.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-05 2024-09-18 75 $679,000 - Terminated
Extras
S/S Fridge, Stove, Dishwasher, B/I Microwave, Washer & Dryer. 1 Locker Incl. Amenities Include: Indoor Pool, Gym, 24Hr Concierge, Lounge, Party Room, Spa, Terrace.
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,751 (2024)
Basement
None
Exterior
Brick Front, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain10.07' x 17.68'Combined W/Dining, W/O To Balcony, Laminate
DiningMain10.07' x 17.68'Combined W/Living, Open Concept, Laminate
KitchenMain10.07' x 17.68'B/I Appliances, Granite Counter, Laminate
Prim BdrmMain9.09' x 10.79'Window Flr to Ceil, Mirrored Closet, Laminate
DenMain7.87' x 5.09'Open Concept, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 3213 is a 1-bedroom 1-bathroom condo listed for sale at $679,000, which is $116,137 (20.6%) higher than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.
Inventory Change
There were 886 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 65 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Experts
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