501 Yonge St 4207
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$788,800
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Property Description
Teahouse Condo In Prime Downtown Location, Bright & Spacious & Functional 1 Br+ 1 Den Unit In Higher Floor With Great City View & Lake View, Floor To Ceiling Windows, Large Balcony, Laminated Floor Throughout. Modern Kitchen With B/I Appliances, Wall Unit In Dining Room. Steps To College/Wellesley Subway Stations, Shops, Restaurants, Universities, Hospitals & Banks. Great Amenities With 24-hour concierge service, a fitness lounge, tea room, yoga space, outdoor pool, sauna, BBQ area, and more...
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Nearby Intersections
Bay & College (125)
Bay & Wellesley (177)
Yonge & Wellesley (195)
Bay & Bloor (463)
Yonge & Carlton (182)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
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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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 26.35' x 10.07' | Combined W/Dining, W/O To Balcony, East View |
| Dining | Flat | 26.35' x 10.07' | Combined W/Living, Open Concept, Laminate |
| Kitchen | Flat | 26.35' x 10.07' | Stainless Steel Appl, Granite Counter, Laminate |
| Prim Bdrm | Flat | 10.66' x 9.09' | Window Flr To Ceil, Large Closet, East View |
| Den | Flat | 7.15' x 7.74' | Open Concept, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 4207 is a 1-bedroom 1-bathroom condo listed for sale at $788,800, which is $188,925 (31.5%) higher than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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