Year Built
2019

by Lanterra Developments
501 Yonge Street, Toronto, ON M4Y 1Y4
Year Built
2019
Total Units
960
Avg $/sqft
$939
Storeys
52
7
Units for sale
From $399,900
Listed 11 days ago
Unit 2508, 501 Yonge Street
Toronto (Church-Yonge Corridor), ON M4Y 0G8
Condo ApartmentFor Sale
Listed Aug 1, 2026
Unit 2208, 501 Yonge Street
Toronto (Church-Yonge Corridor), ON M4Y 1Y4
Condo ApartmentFor Sale
7
Units for rent
From $2,400/mo
Listed 16 days ago
Unit 1013, 501 Yonge Street
Toronto (Church-Yonge Corridor), ON M4Y 0G8
Condo ApartmentFor Rent
Listed 15 days ago
Unit 4908, 501 Yonge Street
Toronto (Church-Yonge Corridor), ON M4Y 1Y4
Condo ApartmentFor Rent
Live MLS · Updated daily
Tea might be all the rage in England, but this country isn’t the one that inspired the makers of the Teahouse Condos. Rather, the 2019-built condo at 501 Yonge Street is a nod to the teahouses found throughout the continent of Asia.
Mark Mandelbaum, chairman of Lanterra Developments, has long been fascinated with Asian design. Mandelbaum was finally able to express this passion of his with the help of the architects at architectsAlliance, interior designers at Studio Munge, and landscape architects at NAK Design Strategies.
The resulting condo is comprised of two towers, one reaching to 52 storeys and the other 25, both of which sit atop a shared podium. And while the design is certainly Asian-inspired, with symmetry, building materials, and colour scheme all intended to have a calming effect, some of the building’s amenities also reflect this theme.
To be precise, the onsen pools are decidedly Japanese, and consist of four baths kept at different temperatures. Residents also have access to a zen garden, as well as barbecues and an outdoor swimming pool. Some of the amenities at 501 Yonge Street are even more conventional, yet still feel like a luxury for residents, such as a concierge, movie theatre rooms, and board rooms. On top of all that, the building boasts a gym with personal training and yoga studios a sauna, and a pet spa.
Developer
Lanterra Developments
Year Built
2019
Property Type
High-Rise Condo
Storeys
52
Total Units
960
Management
Duka Property Management Inc.
Fitness Centre
Sauna
Rooftop Garden
Visitor Parking
BBQ Area
Outdoor Pool
Party Room
24/7 Concierge
$939
Avg $/sqft
-11.8%
YoY change
28
Avg days on market
Walk Score
99/100
Daily errands on foot
Transit Score
100/100
TTC, GO, subway access
Bike Score
74/100
Bike lanes & infrastructure
Neighbourhood in Toronto
Church is a vibrant neighbourhood in Toronto, known for its amenities and community feel. It offers a mix of parks, schools, and dining options.
Median asking price
In Ontario
$716,900
Median monthly rent
In Ontario
$2,499
For sale
0
For rent
0
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
What people love
Keep in mind
Daily life in Church is active with plenty of places to eat and relax. Residents enjoy easy access to parks and public transport.
Not enough verified data yet. We count schools, parks, transit and shops inside Church - Toronto's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.
Sources: HOMEH listings, OpenStreetMap, © OpenStreetMap contributors (ODbL)