501 yonge St 2204
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$486,000

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BEDROOMS14
BATHROOMS1
KITCHENS3
ROOMSC12008199
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Property Description
Downtown Core Location. 3 Yrs New Studio Unit w/ Unobstructed City Views ! Floor To Ceiling Windows w/ Juliette Balcony. Laminate Floorings Throughout. Modern Kitchen with Quartz Countertop, Backsplash & S/S Appliances, Quartz Vanity Top in 4pcs Bath. Five Star Amenities: 24/7 Concierge & Security, Gym/Fitness Centre, Rooftop Terrace w/ Swimming Pool, Indoor Hot & Cold Plunge Pools, Party Room W/ Wet Bar, Multiple Lounges, Billiards, Boardroom, Theatre, Pet Spa, Guest Suites and indoor Visitor Parking ... **EXTRAS** Steps to Bus & Subway Station, Close to Shopping, Banks & Restaurant, Mins to Yorkville, Eaton Centre Centre & University of Toronto .
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-30 | 2023-11-11 | 42 | $2,200 | $2,200 | Leased |
2021-08-26 | 2021-08-27 | 1 | $1,800 | $1,890 | Leased |
Nearby Intersections
Bay & College (77)
Bay & Wellesley (126)
Yonge & Wellesley (145)
Bay & Bloor (284)
Yonge & Carlton (116)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 yonge St 2204 is a 0-bedroom 14-bathroom condo listed for sale at $486,000, which is $107,875 (28.5%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.Inventory Change
There were 76 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 0-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 14-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.










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