4002 - 501 Yonge Street

Welcome to the stunning apartment for sale in Toronto , located at 501 Yonge Street, Toronto. This corner unit is truly a gem, offering a vibrant city lifestyle that is hard to resist. With its modern design and high-quality finishes, this condo apartment is perfect for those looking to immerse themselves in the heart of the Bay Street Corridor.

As you step into this apartment for sale in Toronto, you’ll immediately notice the high ceilings and the expansive floor-to-ceiling Panasonic windows that allow an abundance of natural light to flood the space. The clear views from this unit are simply breathtaking, providing a dynamic backdrop of the bustling city below. The open concept living, dining, and kitchen area is designed for both comfort and style, making it ideal for entertaining friends or simply enjoying a quiet evening at home.

This apartment boasts two spacious bedrooms and a den, which can easily be transformed into a home office or an additional guest room, depending on your needs. The master bedroom features a luxurious four-piece ensuite bathroom, ensuring that you have your own private sanctuary to retreat to after a long day. With a total of five rooms, including the additional den, this apartment for sale in Toronto offers ample space for relaxation and productivity.

The kitchen is designed with a flat layout, making it both functional and stylish. Although there is no additional kitchen, the main kitchen area is well-equipped for all your culinary adventures. The absence of a family room may seem like a drawback, but the open living area more than compensates for it, creating a warm and inviting atmosphere that encourages social interaction.

In terms of amenities, this apartment for sale in Toronto comes with central air conditioning, ensuring that you stay cool and comfortable throughout the warmer months. While there is no pool or fireplace, the building's modern features and prime location more than make up for it. You’ll find that the energy and sunshine that fill the apartment create a lively and uplifting environment.

Situated in the vibrant Bay Street Corridor, 501 Yonge Street, Toronto, is just steps away from the University of Toronto, George Brown College, and the renowned Eaton Centre. Whether you’re in the mood for shopping on Bloor Street or dining at one of the many nearby restaurants, everything you need is within easy reach. The convenience of having public transport options nearby, including the subway, makes commuting a breeze.

For those who require parking, this apartment includes one underground garage space, providing you with peace of mind and easy access to your vehicle. Although there is no central vacuum system or additional land, the modern amenities and the building's excellent condition—being only 0-5 years old—ensure that you’ll be moving into a well-maintained home.

This apartment for sale in Toronto is unfurnished, allowing you the freedom to decorate and furnish it to your taste. With no basement and no additional features, the focus remains on the sleek design and prime location of the unit itself.

In summary, if you’re looking for an apartment for sale in Toronto that combines modern living with an unbeatable location, look no further than 501 Yonge Street, Toronto. With its spacious layout, stunning views, and proximity to all the city has to offer, this condo apartment is a fantastic opportunity for anyone looking to embrace the dynamic lifestyle of Toronto. Don’t miss out on the chance to make this beautiful apartment your new home!

Bay Street Corridor is a vibrant and dynamic neighbourhood nestled in the heart of downtown Toronto, characterised by its impressive skyline and bustling urban atmosphere. This area is renowned for its concentration of financial institutions, corporate offices, and high-end retail, making it a hub for professionals and business activity. Residents can enjoy a diverse array of dining options, cultural attractions, and proximity to public transport, including the subway, which facilitates easy access to the rest of the city. The Bay Street Corridor also boasts a mix of modern condominiums and historic buildings, providing a unique blend of contemporary living with a touch of Toronto's rich architectural heritage. With its lively streets and an ever-evolving landscape, this neighbourhood offers an exciting urban lifestyle for those who thrive in a fast-paced environment.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you'll find Church Street Junior Public School (0.4 km), an English-language public elementary school catering to grades JK to 6, with a school rating of 6.4. Just 0.9 km away is Orde Street Public School, also a public institution offering grades JK to 8, boasting a higher rating of 7.1. For older students, Jarvis Collegiate Institute is located 0.6 km from the property, providing education for grades 9 to 12, with a rating of 5.9. Additionally, Lord Lansdowne Junior Public School, 1.5 km away, offers French-language instruction for grades JK to 8, though it currently has a rating of 0. For those seeking a Catholic education, Our Lady of Lourdes Catholic School is 0.8 km away, serving grades JK to 8 with a rating of 5.5, while St. Joseph's College School, located 0.4 km from the property, offers grades 9 to 12 and has an impressive rating of 7.6. Lastly, St. Mary Catholic School, 2.6 km away, provides French-language education for younger students. Overall, this area offers a diverse range of educational options for families.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 1,232 residents. The average household size is notably low at 1.5, indicating a predominance of single-person households, which comprise 63.6% of the population. The average age of residents is 43.6 years, and a significant portion, 27.08%, are immigrants, contributing to the area's cultural diversity. The average household income stands at $87,200, although 16.2% of the population lives in low-income conditions. The housing market is characterized by a high percentage of renters at 86.05%, with an average property price of $650,000. Condominiums make up 19.77% of the housing options available. Additionally, only 12.77% of households have children, and a substantial 77.74% of residents possess a college or university education. The labor force participation appears to be low, with 26.28% of the population not engaged in the workforce. This combination of factors paints a picture of a well-educated, predominantly single, and rental-oriented community with a mix of socioeconomic backgrounds.