1 / ...
For Sale
$799,000
Unit 2402
MLS# C12884002501 Yonge Street 2402, Toronto, ON M4Y 0G8
3bed|2bath|700-799sqft
0parking|0locker
Residential Condo & Other|$606 fees|$3861 tax
165 days on market
Teahouse at 501 Yonge Condos Condos in Toronto C08
501 Yonge, Toronto C01
408
Total Units
3
For Sale
0
For Rent
53
Sold
413
Leased
$719K
Avg Price
28
Days (Sale)
20
Days (Lease)
Get Instant
Digital Estimates
Browse Condos
1 / ...
For Sale
$798,000
Unit 3509
MLS# C13522264501 Yonge Street 3509, Toronto, ON M4Y 0G8
3bed|2bath|800-899sqft
1parking|1locker
Residential Condo & Other|$770 fees|$4796 tax
53 days on market
1 / ...
For Sale
$559,000
Unit 2001
MLS# C13331566501 Yonge Street 2001, Toronto C08, ON M4Y 0G8
2bed|1bath|500-599sqft
0parking|0locker
Residential Condo & Other|$461 fees|$2977 tax
81 days on market
Showing 1-3 of 3 properties
Property Type:
CondoNumber of Units:
408Condo Demand:
HighUnit Availability:
LowNumber of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,199 SQFTProperty Management:
Duka Property ManagementMarket Overview
For-Sale Inventory
0.7%
Highest Sale (12mo)
$975K
Lowest Sale (12mo)
$418K
Median Maintenance
$457/mo
Year Built
Teahouse at 501 Yonge Condos Market
Updated Aug 20, 2026
Condos
Median sale price
$512K
Median PSF (est.)▼ 13.2%
$933/sqft
Sold last 90 days
5
Active listings
3
Months of inventory
1.0
Avg days on market
36
Sale-to-list ratio
98.69%
Absorption rate
100.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 91.23% · End-user: 8.77% (from 5 sales, 52 leases)
Price reductions (90d)
Price-reduction rate: 40.00%
Avg reduction: $160,000 (18.24%)
Monthly reduction trend
2025-07: 11.1% (9 listings) · avg $20,100
2025-08: 0.0% (7 listings)
2025-10: 0.0% (5 listings)
2026-03: 33.3% (3 listings) · avg $6,000
2026-08: 66.7% (3 listings) · avg $160,000
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $933 — +9.26% vs community avg ($854)[premium]
Supply vs demand by unit type (90d)
Sample: 3 active listings · 5 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 1 active / 5 sold · mismatch -66.67%
3br: 2 active / 0 sold · mismatch +66.67%
Concession pattern by unit type (90d)
1br (3 sales) — 100.00% closed with concessions, avg 6.93% below ask
2br (29 sales) — 68.97% closed with concessions, avg 3.81% below ask
3br (14 sales) — 85.71% closed with concessions, avg 4.78% below ask
Seasonality (annual pattern)
Historically strongest months: Apr, Jul, May
Historically weakest months: Dec, Feb, Jan
Annual averages: DOM 29.8d · sale-to-list 98.69% (n=46)
Monthly detail
Jan · 2 sales · DOM 56.0d · STL 95.12%
Feb · 2 sales · DOM 53.5d · STL 101.03%
Mar · 4 sales · DOM 35.0d · STL 98.06%
Apr · 3 sales · DOM 10.3d · STL 98.83%
May · 3 sales · DOM 20.3d · STL 95.16%
Jun · 2 sales · DOM 37.5d · STL 108.02%
Jul · 10 sales · DOM 20.3d · STL 98.06%
Aug · 10 sales · DOM 30.0d · STL 98.94%
Sep · 2 sales · DOM 41.0d · STL 97.14%
Oct · 5 sales · DOM 26.4d · STL 100.71%
Nov · 1 sales · DOM 42.0d · STL 96.60%
Dec · 2 sales · DOM 43.5d · STL 96.45%
Market Intelligence
Price per sqft analysis and trends
Teahouse at 501 Yonge Condos
Sale PSF
$1137/sqft
41 sales
Lease PSF
$4.67/sqft/mo
324 leases
Church-Yonge Corridor
Sale PSF
$849/sqft
31 sales
Lease PSF
$3.92/sqft/mo
15 leases
Toronto C08
Sale PSF
$884/sqft
93 sales
Lease PSF
$3.92/sqft/mo
29 leases
Toronto
Sale PSF
$788/sqft
861 sales
Lease PSF
$3.85/sqft/mo
1 leases
Price Per Sqft Trends
Avg:$1161/sqft
Range: $875 - $1678/sqft
Exact sqft
Estimated
Fallback
Avg
Location Comparison
| Location | Sale PSF | Lease PSF | # Sales | # Leases |
|---|---|---|---|---|
Teahouse at 501 Yonge CondosThis Building | 1137 | 4.67/mo | 41 | 324 |
Church-Yonge Corridor | 849+34% | 3.92/mo+19% | 31 | 15 |
Toronto C08 | 884+29% | 3.92/mo+19% | 93 | 29 |
Toronto | 788+44% | 3.85/mo+21% | 861 | 1 |
Green badges indicate the building is priced below the comparison area. Data from closed transactions.
Market Analysis
Sale prices at Teahouse at 501 Yonge Condos average $1137/sqft, which is significantly above the Church-Yonge Corridor community average of $849/sqft (+34%).
Prices here are premium compared to the broader Toronto area ($788/sqft).
Rental rates are strong at $4.67/sqft monthly, 19% above the community average, with solid rental yield of 4.9%.
The building has seen 41 sales and 324 leases in recent transactions, indicating very high market activity.
Avg Sale PSF
$1137
Avg Lease PSF
$4.67/mo
Gross Yield
4.9%
Transactions
365
Investment Analysis
Est. Monthly Rent
$2,849
Based on $4.67/sqft
Gross Yield
4.93%
Good Yield
Before expenses
Net Yield
3.55%
Moderate Yield
After expenses
Years to Recover
20.3
Via rental income
vs Church-Yonge Corridor
-0.61%
Church-Yonge Corridor avg: 5.54%
vs Toronto C08
-0.39%
Toronto C08 avg: 5.32%
Avg. Monthly Operating Costs
Maintenance: $521/mo
Property Tax: $275/mo
Building PSF Range
$2Avg: $1,137/sqft$1,525
💡 Investment Insight: Teahouse at 501 Yonge Condos provides moderate yield at 4.93%, balancing cash flow with appreciation potential. Yield is 0.61% below Church-Yonge Corridor average, likely due to premium pricing.
Parking & Locker Values
Parkingcommunity
Purchase
N/A
Monthly Lease
$225.18/mo
Lockergeneric
Purchase
$10K
Monthly Lease
$50/mo
Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.
Amenities
BBQs Allowed
Bike Storage
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Other
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Security Guard
Security System
Visitor Parking
Maintenance Fee Includes:
A/CBuilding InsuranceCable TVCommon ElementsCondo TaxesHeatParkingWater
Loading chart...
Building Reviews
Loading reviews...
💰
Estimate your home value
Sign in or create a free account to access the Teahouse at 501 Yonge Condos seller estimator. We'll match you against same-building comparables and tax-band sales.
Already have an account? Click above and choose "Sign In".
List Your Teahouse at 501 Yonge Condos Condo With Us
Get Your Free Market Evaluation
Book a Visit
Schedule a personalized tour
About Teahouse at 501 Yonge Condos Condos
Teahouse at 501 Yonge Condos is a premier condominium located at 501 Yonge, Toronto C01 in Toronto C08. This 408-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.
Currently, there are 469 units available at Teahouse at 501 Yonge Condos, with prices averaging around $719K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.
Teahouse at 501 Yonge Condos stands out in Toronto C08's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.
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 and market analysis.
Explore more real estate in the wider area: Church-Yonge Corridor, Toronto C08 and the Toronto area.
Units for Sale at Teahouse at 501 Yonge Condos
Keywords: Teahouse at 501 Yonge Condos Toronto C08 Real Estate
Teahouse at 501 Yonge Condos condos for sale, Teahouse at 501 Yonge Condos units for rent,501 Yonge, Toronto C01, Toronto C08 condos,Toronto C08 real estate, luxury condos Toronto C08, Teahouse at 501 Yonge Condos building amenities, Toronto C08 condo market,buy condo Toronto C08, sell condo Toronto C08
a♥ıly
Get Your AI Real Estate Plan
Ask aily about Teahouse at 501 Yonge Condos