501 Yonge St 1009
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$1,079,000
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2
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC9247139
MLSIDContact Us
Property Description
Functional 2 Bdr 2 W SE Corner Unit in luxury Teahouse in the heart of Downtown Core. With The flooded sunshine ! Roomy Living room, modern open concept kitchen with designer cabinetry, Floor to Ceiling windows, New painting. Quartz counters, backsplash and s/s appliances. Walk Score 99 - Steps To TTC, Restaurants, U of T, George Brown, Eaton Centre, Yorkville Shopping Etc. Enjoy modern city lifestyle at the heart of Toronto! Comes with 1 parking. fantastic amenities: Outdoor Pool, Gym, Zen Lounge, Party Room, Yoga Room, Theatre, Patio & BBQ, Indoor Spa and Onsens, Pet Spa, Pet Relief Area, Visitor Parking.
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Extras
Fridge, Stove, range hood, Dishwasher, Built-In Microwave. Stacked Washer, Dryer. All Elfs and all windows coverings.
Nearby Intersections
Bay & College (124)
Bay & Wellesley (183)
Yonge & Wellesley (206)
Bay & Bloor (436)
Yonge & Carlton (160)
Property Features
Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$4,270 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Fan Coil
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 | 12.99' x 12.01' | Laminate, South View, W/O To Balcony |
| Dining | Flat | 10.50' x 10.40' | Laminate, Combined W/Kitchen |
| Kitchen | Flat | 10.50' x 10.40' | Laminate, Stainless Steel Appl, Quartz Counter |
| Prim Bdrm | Flat | 9.42' x 10.99' | Laminate, East View, Window Flr to Ceil |
| 2nd Br | Flat | 9.12' x 10.99' | Laminate, Se View, Window Flr to Ceil |
| Study | Flat | 2.33' x 5.28' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 1009 is a 2-bedroom 2-bathroom condo listed for sale at $1,079,000, which is $315,012 (41.2%) higher than the average sold price of $763,988 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $1,749 (0.2%) compared to the previous 30 day period (September 27 - October 26) and down $68,348 (8.2%) from the same time one year ago.Inventory Change
There were 1,083 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 27 - November 25), which is down 19.8% compared with the previous 30 day period (September 27 - October 26) and down 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,414) (2.7%) below asking price over the last 30 days (October 27 - November 25), which represents a $1,407 decrease compared to the previous 30 day period (September 27 - October 26) and ($22,268) 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 27 - November 25) stood at 51.2%, up from 37.5% over the previous 30 days (September 27 - October 26) and up from 37.3% 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 29 days when successfully sold over the last 30 days (October 27 - November 25), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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