501 Yonge St 801
Church-Yonge Corridor, Downtown Toronto, M4Y 0G8
FOR SALE
$638,000
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BEDROOMS1
BATHROOMS1
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Property Description
Stunning mint condition 560sq ft Southwest facing unit, 1 bedroom + media den for home office! Unobstructed city view from spacious sunny balcony! Large modern layout living room next to open concept kitchen, cabinetry furnished with granite counters & s/s appliances. Just steps to College/Wellesley subway stations, U of T, TMU, downtown hospitals, Bloor, Yorkville, Eaton Centre, and so much more. Great amenities including pet spa, swimming pool, fitness/gym, Zen lounge, Yoga, theatre, BBQ, open terrace, etc located on mezzanine, 6th and 7th floors respectively. Visitor car parking available! Don't miss this opportunity to enjoy living in the heart of Downtown Toronto!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-13 | 2024-09-05 | 84 | $688,000 | - | Terminated |
| 2021-05-23 | 2021-05-30 | 7 | $1,700 | $1,700 | Leased |
Extras
Great amenities include a indoor pool, pet spa, fitness/Gym, Yoga, theatre, lounge, fireplace, BBQ and Terrance
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
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Flat | 9.09' x 10.79' | Double Closet, West View |
| Living | Flat | 10.30' x 21.59' | Large Window, W/O To Balcony, Laminate |
| Dining | Flat | 10.30' x 21.59' | Combined W/Living, Open Concept, Laminate |
| Kitchen | Flat | 10.30' x 21.59' | Combined W/Dining, Granite Counter |
| Media/Ent | Flat | 3.51' x 6.00' | Open Concept, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
501 Yonge St 801 is a 1-bedroom 1-bathroom condo listed for sale at $638,000, which is $65,540 (11.4%) 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 Landmark Realty Inc.
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