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Unit 2402 at Teahouse at 501 Yonge Condos

For Sale

501 Yonge Street 2402, Toronto, ON M4Y 0G8

MLS #C12884002

$799,000

Listed Price

About This Property

737 Sf Two Bedrooms with Two Baths and Den in the Heart of Downtown Toronto. Corner unit with more windows and better view. Bright & Modern Design. Steps To Subway Stations, Bloor-Yorkville Luxury Shopping & Eaton Center. As Well As Restaurants, U Of T & TMU, Hospitals. State-Of-Art Amenitities Which Include Outdoor Pool, Indoor Spa, Fitness Center, Yoga Room, Party Room And Bbq Area Plus Home Theatre Room!!

Investment Analysis

$3,503
Est. Monthly Rent
Based on $5/sqft
5.26%
Gross Yield
Before expenses
3.87%
Net Yield
After expenses
19
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($606/mo) and property tax ($3,861/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,065/sqft
Teahouse at 501 Yonge Condos
$1,137/sqft-6.3%
Church-Yonge Corridor
$849/sqft+25.5%
Toronto C08
$884/sqft
Building PSF Range
$973$1,525

Below Market Value

This unit is priced 6.3% below the building average of $1,137/sqft. With a 3.87% 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 LaundryYes
Corp #TSCC-2972
MLS Size700-799
Listed OnMar 13, 2026
Maintenance Fees$606/month
Property Tax$3,861/year

Rooms

NameSize (m)Size (ft)Features
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9.8 x 9.1132.2 x 29.9-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Bedroom(Flat)9 x 10.829.5 x 35.4-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Den(Flat)6.2 x 6.620.3 x 21.7-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-
Living Room(Flat)15 x 15.549.2 x 50.9-

Unit 2402 History

Complete transaction history for this unit

Leased

Leased: Aug 31, 2024

$3,500/mo

4 days on marketLease
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1 More Transactions Available

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OQ

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Broker of Record

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Building Information

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

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About Unit 2402 at Teahouse at 501 Yonge Condos

Unit 2402 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 for sale at $799K.

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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