501 Yonge Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $998,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To Tea House Condos At 501 Yonge St. Stunning Corner 2+1 Bedroom (Den Can Be As 3rd Bedroom) Suite In The Heart Of Downtown Toronto! Features Include Floor-To-Ceiling Windows, Two Large South-West Facing Balconies, And An Open-Concept Layout Ideal For Entertaining. Enjoy Breathtaking City Views And An Abundance Of Natural Light Throughout. Luxury Building Amenities: Outdoor Pool, Indoor Onsen Pools, Fitness Centre, Yoga Room, Party Room, Lounges, And Home Theatre. Unbeatable Location Steps To Subway, Streetcar, Path, U Of T, Toronto Metropolitan University, Toronto General Hospital, Bloor-Yorkville Shopping, Eaton Centre, And More. An Exceptional Opportunity For Stylish Urban Living!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Clear View, Hospital, Library, Public Transit, School
Interior Features
Separate Hydro Meter
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 501 Yonge Street 2312, Toronto C08, ON M4Y 0G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $998,000 in Toronto, the legal minimum down payment is $74,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,435 also applies, bringing the total estimated land transfer taxes to $32,870.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
