501 Yonge Street, Toronto, ON

$595,000
MLS#:C12237231
2 beds
1 baths
500-599 sqft
Residential Condo & Other
Loading property media...

This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $595,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into your 47th-floor home, where the city stretches out beneath you and the sky greets you every morning. This freshly painted 1+Den suite offers everything you need to feel at home and above it all. The moment you walk in, you'll be drawn to the floor-to-ceiling windows in the living room, flooding the space with natural light and framing an unobstructed west view over the University of Toronto, Queen's Park, and the downtown skyline. Step out onto your large private balcony and take it all in morning coffees, golden sunsets, and city lights that never get old. Inside, the open-concept layout is smart and flexible. The den is perfect for your home office, reading nook, or guest space. Then there's the bedroom, features its own stunning wall of glass, letting you wake up to soft morning light and end your day with a skyline that sparkles. The bedroom comes with a large mirrored closet. And with a locker included, you'll have plenty of room to stay organized. But it's not just the suite, it's the lifestyle. 501 Yonge is located at the vibrant intersection of Yonge & Wellesley, putting you right in the centre of it all. Steps to the subway, walkable to U of T, TMU, hospitals, shopping, Yorkville, and the Financial District, everything downtown Toronto has to offer is at your fingertips. And when you need to unwind? Just head downstairs. You'll have access to resort-style amenities including a stunning outdoor pool, luxurious indoor onsen pools, a state-of-the-art fitness centre, peaceful yoga room, stylish party and lounge spaces, and even a private home theatre for movie nights. This is your moment to live above the city and love every minute of it. Book your private showing now!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 30, 2025
Sold price information is available to members only
Listed Date6/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,219.95

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

Initializing map...
501 Yonge Street, Toronto, ON
Loading local market trends...

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 4701, Toronto C08, ON M4Y 0G8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Information Gain SEO Widget

Configure Loan Settings

Interest Rate5.25%
Down Payment$34,500 (5.8%)
* Minimum Canadian down payment required for this price is $34,500.
Amortization Period25 Years
Estimated Monthly Payment$3,340Based on a loan of $560,500 over 25 years.
Purchase Price$595,000
Loan Amount$560,500
Provincial Land Transfer Tax:$8,375
Toronto Municipal Land Transfer Tax:$8,375
Total Estimated Closing Taxes:$16,750

About Purchasing a Home in Toronto, ON

For a property listed at $595,000 in Toronto, the legal minimum down payment is $34,500 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 $8,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,375 also applies, bringing the total estimated land transfer taxes to $16,750.

Nearby Listings

Distance:

No current listings found in Toronto.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,334

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.