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Unit 5202 at Teahouse at 501 Yonge Condos

Sold

501 Yonge Street 5202, Toronto C08, ON M4Y 0G8

MLS #C12292682

$849,000

Sold on October 14, 2025

October 14, 2025

Originally listed at $868,888 20 days on market

About This Property

Stunning and spacious 2+1 bedroom corner unit at Teahouse Condos, 501 Yonge Street, featuring breathtaking unobstructed west and north views of the city and lake. This bright suite boasts floor-to-ceiling windows, a large private balcony, a modern open-concept kitchen with built-in appliances, and includes 1 parking space and 1 locker. The versatile den is perfect for a home office or guest space. Located just steps from Yonge Street, College and Wellesley subway stations, shops, restaurants, universities, hospitals, and more. Enjoy premium amenities such as a24-hour concierge, fitness centre, yoga studio, outdoor terrace, and guest suites in one of downtown Toronto's most vibrant communities.

Investment Analysis

$3,503
Est. Monthly Rent
Based on $5/sqft
4.84%
Gross Yield
Before expenses
3.38%
Net Yield
After expenses
20.7
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($688/mo) and property tax ($4,442/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,159/sqft
Teahouse at 501 Yonge Condos
$1,137/sqft+1.9%
Church-Yonge Corridor
$849/sqft+36.5%
Toronto C08
$884/sqft
Building PSF Range
$973$1,525

Fair Market Price

This unit is priced in line with the building average of $1,137/sqft. Expected net yield of 3.38% after maintenance and taxes.

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

ParkingYes
Parking TypeSurface
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2972
MLS Size700-799
Listed OnJul 16, 2025
Maintenance Fees$688/month
Property Tax$4,442/year

Property Details Available

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Main)4.58 x 4.7215.0 x 15.5-
Kitchen(Main)4.58 x 4.7215.0 x 15.5-
Kitchen(Main)4.58 x 4.7215.0 x 15.5-
Living Room(Main)4.5 x 4.7214.8 x 15.5-
Living Room(Main)4.5 x 4.7214.8 x 15.5-
Living Room(Main)4.5 x 4.7214.8 x 15.5-
Dining Room(Main)4.58 x 4.7215.0 x 15.5-
Dining Room(Main)4.58 x 4.7215.0 x 15.5-
Dining Room(Main)4.58 x 4.7215.0 x 15.5-
Primary Bedroom(Main)2.99 x 3.059.8 x 10.0-
Primary Bedroom(Main)2.99 x 3.059.8 x 10.0-
Primary Bedroom(Main)2.99 x 3.059.8 x 10.0-
Bedroom 2(Main)2.74 x 3.299.0 x 10.8-
Bedroom 2(Main)2.74 x 3.299.0 x 10.8-
Bedroom 2(Main)2.74 x 3.299.0 x 10.8-
Den(Main)1.89 x 26.2 x 6.6-
Den(Main)1.89 x 26.2 x 6.6-
Den(Main)1.89 x 26.2 x 6.6-

Room Dimensions Available

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Unit 5202 History

Complete transaction history for this unit

Terminated

Listed: Apr 21, 2025

$899,999

84 days on marketSale
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Transaction History Available

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Price History

Original List Price

$868,888

Listed on Jul 16, 2025

Sold Price

$849,000

Sold on Oct 14, 2025

-$19,888

-2.3%

20 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameTeahouse at 501 Yonge Condos
Address501 Yonge, Toronto C01
Parking TypeSurface

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About Unit 5202 at Teahouse at 501 Yonge Condos

Unit 5202 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 $849K).

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.

Keywords: Unit 5202 Teahouse at 501 Yonge Condos Toronto C08

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