3903 - 501 Yonge Street

Nestled in the vibrant heart of the Church-Yonge Corridor, this stunning apartment for sale in Toronto at 501 Yonge Street, Toronto, is a true gem for anyone seeking a stylish urban lifestyle. The Teahouse Condos offer a modern and chic living experience, perfect for those who appreciate contemporary design and convenience. With a prime downtown location, this one-bedroom plus den suite is just a stone's throw away from some of the city's most prestigious educational institutions, including the University of Toronto, Toronto Metropolitan University, and George Brown College.

As you step into this apartment for sale in Toronto, you are greeted by an inviting atmosphere enhanced by bright floor-to-ceiling windows that allow natural light to flood the space. The open-plan design features a flat kitchen that boasts designer cabinetry paired with sleek stone countertops, making it an ideal spot for both cooking and entertaining. The stainless steel appliances add a touch of sophistication, ensuring that your culinary adventures are both enjoyable and stylish.

The suite comprises a total of five rooms, including a spacious bedroom and a den, which can serve multiple purposes—be it a home office, a guest room, or a creative space. With one bathroom thoughtfully designed for comfort and convenience, this apartment is perfect for individuals or couples looking for a modern living arrangement. Although there is no family room, the layout allows for easy movement and a sense of openness throughout the living area.

One of the standout features of this apartment for sale in Toronto is the central air conditioning, ensuring that you remain cool and comfortable throughout the warmer months. The apartment is unfurnished, providing you with a blank canvas to personalise the space according to your taste and style. Additionally, the forced air heating system ensures that you will stay warm during the cooler seasons, making this apartment a year-round haven.

Located at 501 Yonge Street, Toronto, this condo apartment is not just about the interior; the surrounding community is equally impressive. You’ll find yourself just steps away from major hospitals, Queen's Park, and the upscale shops and dining options of Bloor-Yorkville. The convenience of having the TTC Subway nearby makes commuting a breeze, allowing you to explore all that Toronto has to offer with ease.

It’s worth noting that while this apartment offers a wealth of features, it does not include a pool or a fireplace, which may be a consideration for some buyers. Additionally, there is no central vacuum system, and parking is not available, as there is no garage space associated with this unit. However, the underground garage does provide a secure option for those who may have a vehicle, even if parking space is not allocated to this particular apartment.

This apartment for sale in Toronto is relatively new, with an age range of just 0-5 years, ensuring that you are investing in a modern living space that meets contemporary standards. With no additional land or extra features to consider, this property stands out for its simplicity and elegance.

In summary, if you are in the market for a stylish and conveniently located apartment for sale in Toronto, look no further than this exquisite suite at 501 Yonge Street, Toronto. With its modern design, prime location, and array of features, it is an opportunity not to be missed. Whether you are a first-time buyer or looking to downsize, this apartment is sure to meet your needs and exceed your expectations. Don't hesitate to arrange a viewing and experience the charm of this lovely home for yourself!

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood that seamlessly blends urban living with a rich cultural tapestry. This area is characterised by its impressive skyline, featuring a mix of modern high-rises and historic buildings, creating a striking visual contrast. Residents enjoy easy access to an array of amenities, including eclectic dining options, boutique shops, and lively entertainment venues, all within walking distance. The neighbourhood is well-served by public transport, making it convenient for commuting and exploring the wider city. With its bustling atmosphere, diverse population, and proximity to green spaces like Allan Gardens, the Church-Yonge Corridor offers a lively urban lifestyle that appeals to those seeking both convenience and community spirit.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Church Street Junior Public School, just 0.4 km away, offering grades JK to 6 with a school rating of 6. Orde Street Public School, located 0.9 km from the property, serves grades JK to 8 and boasts a higher rating of 8.4. For secondary education, Jarvis Collegiate Institute is 0.6 km away, catering to grades 9 to 12, although it has a lower rating of 3.8. Additionally, Our Lady of Lourdes Catholic School, a Catholic institution 0.8 km away, serves grades JK to 8 and has a rating of 6.7. St. Joseph's College School, also a Catholic school, is just 0.5 km away and offers grades 9 to 12 with a rating of 7.2. Lastly, Lord Lansdowne Junior Public School is 1.5 km away, providing French-language education for grades JK to 8, though it has a rating of 0. With a mix of public and Catholic schools nearby, families will find ample options for their children's education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,232 residents, with an average household size of 1.5 individuals. The demographic profile indicates a mature community, with an average age of 43.6 years. The average household income stands at $87,200, although 16.2% of the population is classified as low-income. A significant portion of the community, 63.6%, is single, and only 12.77% of households have children. The area is notably diverse, with 27.08% of residents being immigrants. The housing market is predominantly rental, with 86.05% of residents renting their homes, and condos make up 19.77% of the housing stock. The average property price in the area is $650,000, reflecting the demand for housing. Educational attainment is high, with 77.74% of residents holding a college or university degree. However, a considerable segment of the population, 26.28%, is not in the labor force, indicating potential challenges in employment opportunities. Overall, this community presents a blend of educationally qualified individuals and a significant rental market, making it an intriguing area for potential investment or residence.