501 Yonge St 3805
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$1,050,000
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BEDROOMS2
BATHROOMS1
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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 unobstructed 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. StepsTo 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 |
|---|---|---|---|---|---|
| 2024-04-29 | 2024-09-17 | 141 | $1,125,000 | - | Terminated |
| 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 (141)
Bay & Wellesley (209)
Yonge & Wellesley (232)
Bay & Bloor (484)
Yonge & Carlton (187)
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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 $1,050,000, which is $277,032 (35.8%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% 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 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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