1009 - 501 Yonge Street

Welcome to your future home at 501 Yonge Street, Toronto, where modern living meets the vibrant heart of the city. This stunning apartment for sale in Toronto is a functional 2-bedroom, 2-bathroom condo that perfectly encapsulates the luxury and convenience of urban life. Situated in the prestigious Teahouse building, this corner unit boasts an abundance of natural light, thanks to its floor-to-ceiling windows that flood the space with sunshine, creating a warm and inviting atmosphere.

As you step inside, you’ll be greeted by a roomy living area that seamlessly flows into a modern open-concept kitchen. The kitchen is a chef’s delight, featuring designer cabinetry, quartz countertops, and a stylish backsplash, all complemented by stainless steel appliances. Whether you’re preparing a casual meal or entertaining guests, this space is both functional and aesthetically pleasing. The apartment for sale in Toronto offers a den, providing additional versatility for your lifestyle—be it as a home office, a reading nook, or an extra guest space.

Located at 501 Yonge Street, Toronto, this property is designed for those who appreciate the finer things in life. The building is relatively new, with an age of just 0-5 years, ensuring that you’ll enjoy modern amenities and contemporary finishes throughout. Although this apartment does not feature a fireplace or a family room, it compensates with its spacious layout and thoughtful design. The two well-appointed bedrooms are perfect for rest and relaxation, while the two bathrooms provide convenience for you and your guests.

One of the standout features of this apartment for sale in Toronto is the central air conditioning, ensuring that you remain comfortable throughout the year. While there is no pool or central vacuum system, the building makes up for it with a fantastic array of amenities. Residents can enjoy access to a well-equipped gym, a serene Zen lounge, and a vibrant party room, making it easy to socialise with neighbours or host gatherings. For those who love wellness, there’s a yoga room, an indoor spa, and even onsens for relaxation. Additionally, the outdoor patio and BBQ area are perfect for enjoying the fresh air during the warmer months.

Parking is a breeze with one underground garage space included, providing secure and convenient access to your vehicle. While there is no additional land or parking space available, the prime location of 501 Yonge Street, Toronto, ensures that you are just steps away from everything you need. With a Walk Score of 99, you’ll find yourself in close proximity to the TTC, a plethora of restaurants, the University of Toronto, George Brown College, and the bustling Eaton Centre. The fashionable Yorkville shopping district is also just a short stroll away, making this apartment for sale in Toronto an ideal choice for those who thrive in a lively urban environment.

In summary, this remarkable apartment for sale in Toronto at 501 Yonge Street is not just a place to live; it’s a lifestyle choice. With its modern features, convenient location, and luxurious amenities, it offers everything you could desire in a home. Whether you’re a young professional, a couple, or looking to invest in a property in the heart of the city, this condo is sure to impress. Don’t miss out on the opportunity to make this stunning apartment your own and enjoy the vibrant community of the Church-Yonge Corridor in Toronto. Come and see for yourself what makes this apartment for sale in Toronto so special!

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic geographic area known for its bustling urban atmosphere and diverse offerings. This corridor is characterised by a mix of high-rise condominiums, historic buildings, and a plethora of shops, restaurants, and cultural venues. It serves as a central hub for both work and leisure, with easy access to public transport, including the Yonge subway line, making commuting a breeze. Residents can enjoy the lively streets filled with cafes and boutiques, alongside green spaces like the nearby Allan Gardens, providing a perfect balance of city life and nature. The Church-Yonge Corridor is an ideal locale for those seeking the excitement of urban living while being part of a rich tapestry of Toronto's cultural landscape.

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 (0.4 km) and Orde Street Public School (0.9 km), both of which are well-rated elementary schools under the Toronto District School Board, offering grades from JK to 8 with ratings of 6.4 and 7.1, respectively. For secondary education, Jarvis Collegiate Institute (0.6 km) serves grades 9 to 12 and has a rating of 5.9, while St. Joseph's College School (0.4 km), a Catholic school, boasts a higher rating of 7.6. Additionally, Our Lady of Lourdes Catholic School (0.8 km) provides a Catholic education for grades JK to 8 with a rating of 5.5. Although Lord Lansdowne Junior Public School (1.5 km) has a rating of 0, it offers a French-language program. For younger children, St. Mary Catholic School (2.6 km) offers a French-language curriculum for grades JK to 4, rated at 5.7. Overall, the area is well-served by a variety of schools catering to different educational needs and preferences.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 1,232 residents, with an average household size of 1.5 individuals. The community has a median age of 43.6 years, indicating a mature population. The average household income stands at $87,200, although 16.2% of residents fall into the low-income category. The real estate market reflects an average property price of $650,000, with a significant portion of the population (63.6%) identifying as single. Families with children represent a modest 12.77% of households, while 86.05% of residents are renters, suggesting a high demand for rental properties. The area is also home to a diverse population, with 27.08% of residents being immigrants. Condominiums make up 19.77% of the housing market, appealing to those seeking low-maintenance living options. Educational attainment is notably high, with 77.74% of the population holding a college or university degree. However, a considerable 26.28% of residents are not part of the labor force, which may reflect various factors including retirement or other personal circumstances. Overall, this demographic snapshot highlights a well-educated, predominantly single, and rental-oriented community.