501 Yonge St 3805
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$1,125,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
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Property Description
The best 2 bedroom + den layout in the Teahouse Condos with PARKING and LOCKER! This corner unit offers tons of natural light during the day and unabstracted views of the city from EVERY room. Large Den has floor to ceiling windows and a sliding door, and can easily be used as 3rd bedroom! Open Kitchen With S.S. Appliances and granite countertop, Large Master Br Has A 4 Pc Ensuite. Steps To Everything: Subway, U of T, George Brown, Eaton Centre, Yorkville Shopping, Restaurants Etc. Enjoy downtown living at its best!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-11-13 | 2019-11-20 | 7 | $899,000 | - | Suspended |
Extras
Building amenities include an Outdoor Pool, Spa, Sauna, Gym, Yoga Room, Theatre, Bbq, Fireplace, Lounges And Party Rooms. 24 Hr Concierge.
Nearby Intersections
Bay & College (126)
Bay & Wellesley (178)
Yonge & Wellesley (195)
Bay & Bloor (465)
Yonge & Carlton (184)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,400 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 18.24' x 12.17' | |
| Dining | Flat | 18.24' x 12.17' | |
| Kitchen | Flat | 18.24' x 12.17' | |
| Prim Bdrm | Flat | 9.51' x 10.83' | |
| 2nd Br | Flat | 8.53' x 8.99' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 3805 is a 2-bedroom 2-bathroom condo listed for sale at $1,125,000, which is $293,295 (35.3%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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