501 Yonge St 4207
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$738,000
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Property Description
Teahouse Condo In Prime Downtown Location, Bright & Spacious & Functional 1 Br+ 1 Den Unit On 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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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-26 | 2024-10-25 | 91 | $748,800 | - | Expired |
| 2024-04-27 | 2024-07-26 | 90 | $788,800 | - | Expired |
Nearby Intersections
Bay & College (124)
Bay & Wellesley (183)
Yonge & Wellesley (206)
Bay & Bloor (436)
Yonge & Carlton (160)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,210 (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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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 $738,000, which is $165,540 (28.9%) higher than the average sold price of $572,460 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,096 (0.9%) compared to the previous 30 day period (September 27 - October 26) and down $22,385 (3.8%) from the same time one year ago.Inventory Change
There were 1,176 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 27 - November 25), which is down 9.4% compared with the previous 30 day period (September 27 - October 26) and up 0.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,032) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,566 increase compared to the previous 30 day period (September 27 - October 26) and ($14,563) 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 1-bedroom condos in Downtown Toronto over the last 30 days (October 27 - November 25) stood at 48.7%, up from 43.3% over the previous 30 days (September 27 - October 26) and up from 37.2% 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 32 days when successfully sold over the last 30 days (October 27 - November 25), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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