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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.
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!
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Carpet Free
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This could be the first listing for this address.
Data-driven valuation for 501 Yonge Street 4701, Toronto C08, ON M4Y 0G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
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.
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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.