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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Church-Yonge Corridor
  • 501 Yonge Street
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  • Sold Sold in Mar 2026
  • Condo Apt

3206 - 501 Yonge Street

Toronto, Church-Yonge Corridor
  • 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
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Sold Price: $ 418,000
14.52%
Listed Price: $ 489,000
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Key Facts About 3206 - 501 Yonge Street, Toronto

  • Tax $2,428 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $345.68
  • Building Age 0-5
  • Size 0 - 499 feet²
  • Listing # C12672688
  • Data Source PROPTX
  • Days on Market 69
  • Listed On 07/01/2026
  • Updated On 19/03/2026
  • Market Demand
    the canadian homethe canadian home

Description

Sun-filled and impeccably kept one-bedroom luxurious Teahouse Condo located in the heart of downtown Toronto. Situated on a high floor with an excellent exposure, this unit offers open city views and abundant natural light through floor-to-ceiling windows. *Freshly painted and is in exceptional condition*Functional, open-concept layout with laminate flooring throughout. The modern kitchen is equipped with designer cabinetry, granite countertops, and stainless steel appliances*Unbeatable location just steps from Yonge Street subway line, TTC, Un

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Property Details of 3206 - 501 Yonge Street, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Church-Yonge Corridor
  • Municipality Toronto

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 0 - 499 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Building Age 0-5

Parking

  • Garage Type Underground
  • Garage 0
  • Total Parking Places 0

Land

  • Cross Street Yonge/Wellesley

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Our Estimate

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Estimated Rent

$ 2,535

Rental Yield

5.56%

School Score

7.8/10

Rental Score

5/5

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$915

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $346
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 3206 - 501 Yonge Street, Toronto

Welcome to this stunning apartment for sale in Toronto , located at 501 Yonge Street, Toronto. This luxurious one-bedroom condo in the prestigious Teahouse development is a true gem, perfectly situated in the vibrant Church-Yonge Corridor. With its modern design and exceptional features, this property is ideal for anyone looking to enjoy the best of urban living.

As you step into this delightful apartment for sale in Toronto, you'll immediately notice the sun-filled ambience and impeccable condition of the unit. Freshly painted and maintained to the highest standards, this home boasts a functional, open-concept layout that is both stylish and practical. The laminate flooring throughout adds a touch of elegance, while the floor-to-ceiling windows provide breathtaking open city views and allow an abundance of natural light to flood the space.

The heart of this apartment is undoubtedly the modern kitchen, which is equipped with designer cabinetry, sleek granite countertops, and high-quality stainless steel appliances. This space is perfect for both cooking and entertaining, making it a wonderful addition to your new home. With one well-appointed bedroom and a contemporary bathroom, this apartment for sale in Toronto offers everything you need for comfortable living.

One of the standout features of this property is its enviable location at 501 Yonge Street, Toronto. Just steps away from the Yonge Street subway line and the TTC, commuting around the city is a breeze. For students or academics, the proximity to the University of Toronto and Toronto Metropolitan University (TMU) is a significant advantage. Additionally, you’ll find yourself surrounded by an endless selection of dining, shopping, and entertainment options, making this area one of the most sought-after in the city.

While this apartment does not include a den or additional rooms, it makes up for this with its spacious and well-designed layout. The total of four rooms, including the bedroom and bathroom, ensures that you have all the essentials covered. Although there is no garage space or additional land associated with the property, the underground garage provides secure parking for residents, which is a great convenience in a bustling urban environment.

In terms of amenities, this building truly excels. Residents of this apartment for sale in Toronto can enjoy first-class facilities, including a 24-hour concierge service, a well-equipped fitness centre, and a tranquil yoga studio. For those looking to unwind, the rooftop pool and terrace offer stunning views of the city, while the Zen garden provides a peaceful retreat from the hustle and bustle of everyday life. Additionally, there is a pet spa for furry companions, ensuring that every member of the household is well taken care of.

This apartment is equipped with central air conditioning to keep you comfortable throughout the year, and while there is no fireplace or central vacuum system, the overall design and features of the property more than compensate for these minor omissions. The heating is provided by a forced air system, ensuring a warm and inviting atmosphere during the colder months.

With an age of only 0-5 years, this apartment for sale in Toronto is a modern and stylish choice for those looking to make a move. Whether you are a first-time buyer, a student, or an investor, this property at 501 Yonge Street, Toronto, offers a unique opportunity to own a piece of one of Canada’s most dynamic cities. Don’t miss your chance to experience the luxury and convenience that this apartment has to offer—schedule a viewing today!

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood that seamlessly blends urban living with a rich tapestry of culture and convenience. Characterised by its towering skyscrapers and bustling streets, this area is a hub for both business and leisure, offering an array of shops, restaurants, and entertainment options. Residents enjoy easy access to public transport, including the subway, making it simple to explore the rest of the city. The Corridor is also home to a diverse population, fostering a lively atmosphere where community events and cultural festivals thrive. With its proximity to green spaces like Allan Gardens and the scenic waterfront, the Church-Yonge Corridor presents an enticing option for those seeking a cosmopolitan lifestyle in one of Canada’s most exciting cities.

Schools in the Neighbourhood

This property is ideally located near several educational institutions, making it a great choice for families. Within a short distance, you will find Church Street Junior Public School (0.4 km), a well-rated elementary school offering grades JK to 6, with a school rating of 6.4. Just a bit further is Orde Street Public School (0.9 km), which serves grades JK to 8 and boasts a higher rating of 7.1. For older students, Jarvis Collegiate Institute (0.6 km) provides education for grades 9 to 12, although it has a lower rating of 5.9. Additionally, Lord Lansdowne Junior Public School (1.5 km) offers French language instruction for grades JK to 8, while Our Lady of Lourdes Catholic School (0.8 km) provides a Catholic education for grades JK to 8, with a rating of 5.5. St. Joseph's College School (0.4 km) is another excellent option for grades 9 to 12, rated at 7.6. Lastly, St. Mary Catholic School (2.6 km) offers French instruction for younger students. This diverse array of schools ensures that families have access to quality education options right at their doorstep.

FAQs About 3206 - 501 Yonge Street, Toronto

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 499.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 501 Yonge Street?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Underground garage with space for 0 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $345.68.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 3206 - 501 Yonge Street, Toronto

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Listing History

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