501 yonge St 3807
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$819,000
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Property Description
The best 1 bedroom + den layout in the Teahouse Condos with PARKING! Sensational East views from the 38th floor offers beautiful vistas over Riverdale Park, Lake Ontario and more. Large floor to ceiling windows fill the living space with inviting morning light. Step out onto the large balcony to enjoy the Spring weather. The large den off the kitchen is perfect for a work from home set up without spilling into the rest of the living area or use a tv room. True 1 bedroom with large bright windows and closet. Rarely offered with a 1 bedroom unit - 1 owned underground parking space! Steps To Everything, Subway, Yorkville Shopping, Restaurants Etc.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-15 | 2024-07-31 | 107 | $839,000 | - | Expired |
| 2023-02-03 | 2023-02-07 | 4 | $2,700 | $2,700 | Leased |
Extras
Tons of amenities include an Outdoor Pool, Spa, Sauna, Gym, Yoga Room, Theatre, Bbq, Fireplace, Lounges And Party Rooms. 24 Hr Concierge. & More!
Nearby Intersections
Bay & College (144)
Bay & Wellesley (203)
Yonge & Wellesley (232)
Bay & Bloor (476)
Yonge & Carlton (193)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,150 (2024)
Basement
None
Exterior
Brick, Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P4)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.07' x 26.35' | Open Concept, W/O To Balcony, East View |
| Dining | Flat | 10.07' x 26.35' | Open Concept, B/I Shelves, Granite Counter |
| Kitchen | Flat | 10.07' x 26.35' | Open Concept, Modern Kitchen |
| Prim Bdrm | Flat | 9.09' x 10.83' | Window Flr to Ceil, Closet, East View |
| Den | Flat | 23.46' x 7.71' | Open Concept, Vinyl Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 yonge St 3807 is a 1-bedroom 1-bathroom condo listed for sale at $819,000, which is $253,016 (44.7%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 1-bedroom condos in Downtown Toronto over the last 30 days (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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