2611 - 501 Yonge Street

If you’re on the lookout for a charming apartment for sale in Toronto , then you’ve stumbled upon a gem at 501 Yonge Street, Toronto. This delightful one-bedroom plus den unit boasts a stunning south view that’s sure to take your breath away. Freshly painted throughout and featuring sleek laminate flooring, this apartment is both bright and spacious, thanks to the floor-to-ceiling windows that flood the space with natural light.

Situated in the vibrant Church-Yonge Corridor, this apartment for sale in Toronto is in a prime downtown location. Just a stone's throw away from the Wellesley Subway Station, you’ll find yourself within easy reach of the University of Toronto, Toronto Metropolitan University (formerly known as Ryerson), the bustling Eaton Centre, and the chic Yorkville area. It’s the perfect spot for anyone who wants to be at the heart of the action in this lively city.

The layout of this condo apartment is designed with comfort and convenience in mind. With a total of five rooms, including a den that can serve as a home office or extra storage space, you’ll have all the room you need to live your best life. While the apartment does not come furnished, it offers a blank canvas for you to decorate and make your own. The central air conditioning will keep you cool during the warm summer months, and the forced air heating system ensures you stay cosy in the winter.

Now, while you might be dreaming of a dip in the pool after a long day, it’s worth noting that this apartment for sale in Toronto does not include access to a pool. However, the outstanding amenities more than make up for it. Residents can enjoy a well-equipped gym and an exercise room, perfect for keeping fit without having to leave the building.

At 501 Yonge Street, Toronto, you won’t have to worry about additional land or parking space, as this unit is designed for those who prefer a low-maintenance lifestyle. With no garage space and no additional land, it’s ideal for anyone looking to simplify their living situation. Plus, the absence of a basement and central vacuum system means there’s less to clean and maintain, giving you more time to enjoy the city.

This apartment is relatively new, with an age of just 0-5 years, which means you’ll be moving into a modern space with all the latest conveniences. The building itself is constructed from sturdy concrete, ensuring durability and a sense of security.

If you’re interested in a vibrant community where you can experience the best of city living, this apartment for sale in Toronto is the perfect choice. With its prime location and fantastic amenities, you’ll find that everything you need is right at your doorstep. Whether you’re a student, a young professional, or simply someone who loves the hustle and bustle of city life, this one-bedroom plus den unit at 501 Yonge Street, Toronto, is an opportunity you won’t want to miss.

In summary, if you’re searching for an apartment for sale in Toronto that combines style, comfort, and an unbeatable location, look no further than this fabulous unit. With its bright and spacious layout, modern amenities, and proximity to all that downtown Toronto has to offer, you’ll be well on your way to calling this lovely place home. Don’t hesitate to make this apartment your own and enjoy everything that the Church-Yonge Corridor has to offer!

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic geographic area known for its striking blend of urban living and cultural richness. This bustling corridor is characterised by a mix of high-rise condominiums, historic buildings, and an array of shops, restaurants, and entertainment venues, making it a hub for both residents and visitors alike. With its proximity to public transport, including the Yonge subway line, and a wealth of amenities, the Church-Yonge Corridor offers an unparalleled urban lifestyle. The area is also home to a diverse population, fostering a lively atmosphere that reflects Toronto's multicultural spirit. Whether you’re enjoying a leisurely stroll through the nearby parks or indulging in the vibrant nightlife, this corridor promises a unique and engaging experience for anyone looking to call it home.

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'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 secondary education with a rating of 5.9. Additionally, Lord Lansdowne Junior Public School (1.5 km) offers a French-language curriculum, although it currently has a rating of 0. For those seeking a Catholic education, Our Lady of Lourdes Catholic School (0.8 km) and St. Joseph's College School (0.5 km) are excellent options, with ratings of 5.5 and 7.6, respectively. St. Mary Catholic School (2.6 km) also offers a French curriculum for younger students. With a variety of schools nearby, parents can choose from public and Catholic options, ensuring a suitable educational environment for children of all ages. This accessibility to quality education enhances the appeal of the property for potential buyers looking for family-friendly neighborhoods.

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. The demographic profile indicates a mature population, 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. The real estate market reflects a median property price of $650,000, with a significant proportion of the community being renters, comprising 86.05% of households. Notably, 63.6% of the population is single, and only 12.77% of households include children. The area is also characterized by a diverse demographic, with 27.08% of residents being immigrants and a high level of educational attainment, as 77.74% hold a college or university degree. The labor force participation is moderate, with 26.28% of residents not actively engaged in the workforce. Additionally, 19.77% of the housing stock consists of condominiums, reflecting a preference for compact living arrangements. Overall, this community presents a blend of educationally inclined individuals, a significant rental market, and a relatively stable income demographic, making it an attractive area for potential homebuyers and investors.