Sold
$791,000
3bed|2bath|808sqft
1 parking|0 locker
Unit 1009
501 Yonge Street 1009, Toronto C08, ON M4Y 0G8
Residential Condo & Other|$721 fees|$4502 tax
MLS #C12706080
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Unit 1802 at Teahouse at 501 Yonge Condos
Sold501 Yonge Street 1802, Toronto C08, ON M4Y 0G8
MLS #C12405014
$730,000
Sold on October 14, 2025
October 14, 2025
Originally listed at $699,000 13 days on market
About This Property
Experience elevated downtown living in this sun-filled, elegantly designed 2+1 bedroom corner suite at Teahouse Condos, soaring high on the 18th floor with panoramic west and north views. This thoughtfully laid-out residence features floor-to-ceiling windows, a spacious private balcony, a sleek open-concept kitchen with integrated appliances, and a versatile den perfect for a home office or guest room. Located just steps from Yonge Street, subway stations, top universities, world-class hospitals, and vibrant dining and shopping, this is urban convenience at its finest. Residents enjoy premium amenities including a 24-hour concierge, fitness centre, yoga studio, outdoor terrace, and guest suitesa rare opportunity to own a corner gem in one of Torontos most connected neighbourhoods.
Investment Analysis
$3,503
Est. Monthly Rent
Based on $5/sqft
6.01%
Gross Yield
Before expenses
4.37%
Net Yield
After expenses
16.6
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($586/mo) and property tax ($4,442/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$932/sqftTeahouse at 501 Yonge Condos
$1,137/sqft-18%
Church-Yonge Corridor
$849/sqft+9.8%
Toronto C08
$884/sqft
Building PSF Range
$973$1,525
Below Market Value
This unit is priced 18% below the building average of $1,137/sqft. With a 4.37% net yield after expenses, this could be a strong investment opportunity.
Analysis based on 41 sales and 324 leases in this building. Unit size estimated at 750 sqft.
Property Details
Bedrooms
3
Bathrooms
2
Square Feet
700-799 sqft
Property Type
Residential Condo & Other
ParkingNo
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2972
MLS Size700-799
Listed OnSep 14, 2025
Maintenance Fees$586/month
Property Tax$4,442/year
Property Details Available
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Kitchen(Main) | 4.58 x 4.72 | 15.0 x 15.5 | - |
| Kitchen(Main) | 4.58 x 4.72 | 15.0 x 15.5 | - |
| Kitchen(Main) | 4.58 x 4.72 | 15.0 x 15.5 | - |
| Living Room(Main) | 4.5 x 4.72 | 14.8 x 15.5 | - |
| Living Room(Main) | 4.5 x 4.72 | 14.8 x 15.5 | - |
| Living Room(Main) | 4.5 x 4.72 | 14.8 x 15.5 | - |
| Dining Room(Main) | 4.58 x 4.72 | 15.0 x 15.5 | - |
| Dining Room(Main) | 4.58 x 4.72 | 15.0 x 15.5 | - |
| Dining Room(Main) | 4.58 x 4.72 | 15.0 x 15.5 | - |
| Primary Bedroom(Main) | 2.99 x 3.05 | 9.8 x 10.0 | - |
| Primary Bedroom(Main) | 2.99 x 3.05 | 9.8 x 10.0 | - |
| Primary Bedroom(Main) | 2.99 x 3.05 | 9.8 x 10.0 | - |
| Bedroom 2(Main) | 2.74 x 3.29 | 9.0 x 10.8 | - |
| Bedroom 2(Main) | 2.74 x 3.29 | 9.0 x 10.8 | - |
| Bedroom 2(Main) | 2.74 x 3.29 | 9.0 x 10.8 | - |
| Den(Main) | 1.89 x 2 | 6.2 x 6.6 | - |
| Den(Main) | 1.89 x 2 | 6.2 x 6.6 | - |
| Den(Main) | 1.89 x 2 | 6.2 x 6.6 | - |
Room Dimensions Available
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Unit 1802 History
Complete transaction history for this unit
1 More Transactions Available
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Price History
Original List Price
$699,000
Listed on Sep 14, 2025
Sold Price
$730,000
Sold on Oct 14, 2025
+$31,000
4.4%
13 days on market
Price History Available
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Unit 5202
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Unit 2312
501 Yonge Street 2312, Toronto C08, ON M4Y 0G8
Residential Condo & Other|$820 fees|$4907 tax
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OQ
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OVAIS QASSIM
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PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building NameTeahouse at 501 Yonge Condos
Address501 Yonge, Toronto C01
Parking Type
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About Unit 1802 at Teahouse at 501 Yonge Condos
Unit 1802 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 700-799 square feet located at Teahouse at 501 Yonge Condos, 501 Yonge, Toronto C01. This unit is currently sold (sold for $730K).
About Teahouse at 501 Yonge Condos
Teahouse at 501 Yonge Condos is located at 501 Yonge, Toronto C01 in Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Church-Yonge Corridor Neighbourhood
This unit is located in Church-Yonge Corridor, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at Teahouse at 501 Yonge Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
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