501 Yonge St Condos, Toronto

Downtown Real Estate Condos for Sale and Rent

  • For Sale:
  • 10
  • For Rent:
  • 10
501 Yonge St Downtown Toronto

501 Yonge St


Toronto real estate agent

501 Yonge St, Toronto M4Y1Y4

Teahouse Condos was built by
Lanterra DevelopmentsLanterra Developments was founded by Mark Mandelbaum and Barry Fenton, two real estate visionaries who began with a dream to develop innovative, one-of-a-kind downtown condominium properties.
and completed in year 2021.

There are total 52 floors and approximately 589 units.

The building currently has 10 units on sale, and 10 for lease.

Condo monthly management fee includes: Heat and Air Conditioning.

Condo facility includes: Gym, Concierge, Rooftop Deck/Garden, Party/Meeting Room, Guest Suites and Outdoor Pool.

Condo Building Analysis

For Sale

Condo values have decreased 13.5% compared with the same period last year.

Maintenance costs have remained relatively stable compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$890 – $960/sqft

For Lease

Rent levels have remained relatively stable compared with the same period last year.

Recent Rent Range
$3.62 – $5.44/sqft

How This Condo Compares

Price Position
3% Lower
Recent sale prices are below similar-age condos in the community.
Maintenance Cost
5.7% Lower
Adjusted maintenance costs are below similar-age condo buildings in the community.
Effective Cost
10.3% Lower
Estimated occupancy costs are lower than similar-age condo buildings in the community after adjusting for included utilities.


School Information

Commute Information

Toronto Subway Wellesley Subway Station: 0.2km (~3 mins walk)
GTA Go Train Union Go Train Station (2.1km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
4202 2+1 2 1 700-799 889,000
4202 2+1 2 1 700-799 768,000
2208 1+1 1 0 0-499 508,000
2805 2+1 2 1 700-799 790,000
2402 2+1 2 0 700-799 758,000
2508 1+1 1 0 0-499 399,900
905 3+1 2 1 900-999 898,888
2509 2+1 2 0 800-899 759,900
1710 1+1 1 0 500-599 519,000
1909 2 2 1 800-899 798,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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