4902 - 501 Yonge Street

Introducing an exceptional opportunity to acquire a stunning condo for sale in Toronto , located at 501 Yonge Street, Toronto. This luxurious corner unit boasts an impressive layout, featuring two bright bedrooms and a den, perfectly positioned to offer breathtaking views of the water to the north and west. The open-concept kitchen is equipped with high-end appliances, seamlessly connecting to the spacious living area, which is adorned with floor-to-ceiling windows that flood the space with natural light. Step out onto the expansive balcony, ideal for enjoying your morning coffee or entertaining guests while taking in the picturesque surroundings.

This condo for sale in Toronto offers a total of six rooms, including two well-appointed bedrooms and a versatile den that can be transformed into a home office or additional guest space. The property includes two bathrooms, ensuring convenience and privacy for residents and visitors alike. The central air conditioning system provides comfort throughout the year, while the forced air heating system guarantees warmth during the colder months.

Located in the vibrant Church-Yonge Corridor community, this condo at 501 Yonge Street, Toronto, is just a stone's throw away from the Wellesley subway station, making it an ideal choice for commuters. The proximity to the University of Toronto, various hospitals, and an array of restaurants adds to the appeal of this location. Additionally, the renowned Bloor-Yorkville shopping area is nearby, offering a plethora of high-end shops and boutiques for those who appreciate luxury retail experiences.

Despite the luxurious amenities, this condo for sale in Toronto does not include a swimming pool or a fireplace, allowing for a more streamlined and low-maintenance lifestyle. The unit is unfurnished, providing the new owner with the freedom to personalise the space according to their taste and preferences. Moreover, the absence of a central vacuum system and additional land means that upkeep is minimal, allowing residents to focus on enjoying their new home and the vibrant community around them.

The building itself features underground garage parking, with one designated space included, ensuring that you will always have a secure place for your vehicle. However, it is important to note that there are no additional parking spaces available. The amenities within the building are impressive, including 24-hour security for peace of mind, a well-equipped gym for fitness enthusiasts, and a party room for social gatherings. The theatre and yoga studios further enhance the lifestyle offered by this condo for sale in Toronto, catering to a variety of interests and activities.

In summary, this exceptional condo at 501 Yonge Street, Toronto, presents a remarkable opportunity for anyone seeking a luxurious urban lifestyle in one of the city's most sought-after neighbourhoods. With its modern design, prime location, and an array of amenities, this property is truly a gem in the heart of Toronto. Don't miss your chance to own this exquisite condo for sale in Toronto, where comfort, convenience, and style converge in perfect harmony. Whether you are a first-time buyer, an investor, or looking to downsize, this property is sure to meet your needs and exceed your expectations. Seize this opportunity today and make this stunning condo your new home!

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic geographic area that seamlessly blends urban living with a rich tapestry of culture and convenience. Known for its striking skyline, the corridor is characterised by a mix of modern high-rise condominiums, historic buildings, and bustling streets lined with an array of shops, cafes, and restaurants. Residents enjoy easy access to public transport, making it a hub for commuters and city dwellers alike. The area is also home to numerous parks and green spaces, providing a welcome respite from the urban hustle. With its diverse population and lively atmosphere, the Church-Yonge Corridor offers an exciting urban lifestyle that appeals to those seeking both convenience and community engagement.

Schools in the Neighbourhood

This property is ideally located near several educational institutions, making it an excellent choice for families. Within a short distance, you'll find Church Street Junior Public School (0.4 km) and Orde Street Public School (0.9 km), both offering elementary education in English, with ratings of 6.4 and 7.1, respectively. For older students, Jarvis Collegiate Institute (0.6 km) provides high school education, although it has a slightly lower rating of 5.9. Lord Lansdowne Junior Public School, located 1.5 km away, offers a French curriculum but has no current rating. Additionally, Our Lady of Lourdes Catholic School (0.8 km) offers a Catholic elementary education with a rating of 5.5, while St. Joseph's College School (0.4 km) stands out with a strong rating of 7.6 for high school students. Finally, St. Mary Catholic School (2.6 km) provides a French-speaking environment for younger children. Overall, the area boasts a variety of educational options, catering to different needs and preferences, ensuring that families can find suitable schooling for their children nearby.

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 reveals an average age of 43.6 years and a robust average household income of $87,200. However, 16.2% of the population falls under the low-income category. A significant portion of the community, 63.6%, identifies as single, and households with children make up only 12.77% of the total. The area is notably diverse, with 27.08% of residents being immigrants. A high percentage of residents, 86.05%, are renters, indicating a strong rental market, while condos represent 19.77% of housing options. Education levels are impressive, with 77.74% of the population holding a college or university degree. However, 26.28% of residents are not participating in the labor force, which may reflect various socio-economic factors. The average property price in the area stands at $650,000, suggesting a competitive real estate market. Overall, this community exhibits a blend of educational attainment, rental prevalence, and demographic diversity, making it a unique place to live.