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1806 - 501 Yonge Street
For SaleTeahouse CondosEst Sell Timeframe 16 Days
$488,800
Price Cut: $495,000
Studio
1 Bath
0 Parking
314 SQFT
19 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$1,557/sqft
Maintenance Fees:
$276/mth
Taxes:
$0 (2023)
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
East
Possession Date:
June 3, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Kitchen
Combined with Dining, Stone Counter, Laminate
21.49 x 10.17ft
Living
Combined with Br, Laminate
21.49 x 10.17ft
Bedroom
Combined with Living, Walkout To Balcony, Laminate
21.49 x 10.17ft
About this Listing
Urban Living at it's finest! This sleek studio suite boasts a functional layout and tonnes of natural light! Step outside to a large private balcony and soak in the stunning city views. Located jst steps from subway, UofT, TMU, hospitals, shopping, and a diverse array of restaurants, this prime location offers unparalleled convenience and accessibility! Don't miss this opportunity to experience the vibrant heart of Toronto Living at it's best!
ExtrasWorld-Class Amenities include Zen Garden, Pools, Sauna, Pet Spa, Fitness/Gym, Yoga, Theatre, Lounge, Terrace and more!
right at home realtyMLS® #C8249090
Amenities
Rooftop Deck
Gym Room
Party Room
Outdoor Pool
BBQ
Sauna
Nearby Amenities
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
10,008
Average Individual Income
$65,836
Average Household Size
3 persons
Average Age
46
Average Household Income
$109,948
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
38%
High Rise Apartment
25%
Semi Detached
22%
Low Rise Apartment
9%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
10%
Arabic
1%
Tagalog
1%
Spanish
1%
Urdu
1%
Tamil
1%
Education
University and Above
39%
High School
22%
None
16%
College
15%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
22%
Health & Related Fields
11%
Social Sciences
11%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
4%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Agriculture & Natural Resources
1%
Price Trends
Building Trends At Teahouse Condos
Days on Strata
Units at Teahouse Condos spend an average of
20
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
4.6
YEARS before being sold againProperty Value
-44%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 32 condos in The Village area
Sold Units
23
Units were Sold over the past twelve months
Rented Units
209
Units were Rented over the past twelve months
Best Value Rank
Teahouse Condos offers the best value out of 32 condos in neighbourhood
?
Appreciation Rank
Teahouse Condos has the highest ROI out of 32 condos in neighbourhood
?
Rental Yield
Teahouse Condos yields the highest rent prices out of 32 condos in neighbourhood
?
High Demand
Teahouse Condos is the most popular building out of 32 condos in neighbourhood
?
Transaction Insights at 501 Yonge Street
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | No Data | $599,900 - $668,000 | $600,000 - $817,000 | $990,000 - $1,100,000 | $1,152,800 | $1,118,000 - $1,165,000 | No Data |
| Avg. Cost Per Sqft | No Data | $1,412 | $1,290 | $1,385 | $1,300 | $1,257 | No Data |
| Price Range | $225 - $2,500 | $2,100 - $2,790 | $2,250 - $3,000 | $3,500 - $4,200 | $3,350 - $4,850 | $4,200 - $5,500 | $4,600 |
| Avg. Wait for Unit Availability | No Data | 148 Days | 25 Days | 87 Days | No Data | 91 Days | No Data |
| Avg. Wait for Unit Availability | 10 Days | 7 Days | 3 Days | 30 Days | 17 Days | 20 Days | 42 Days |
| Ratio of Units in Building | 13% | 19% | 48% | 5% | 8% | 8% | 2% |
Maintenance Fees
Teahouse Condos vs The Village Area
