Teahouse Condos condo building exterior
High-Rise Condo

Teahouse Condos

by Lanterra Developments

501 Yonge Street, Toronto, ON M4Y 1Y4

Year Built

2019

Total Units

960

Avg $/sqft

$939

Storeys

52

Available Units in Teahouse Condos

7

Units for sale

From $399,900

Photo of Unit 2508, 501 Yonge Street
For SaleNew Construction
Listed for:

Listed 11 days ago

$399,900

Unit 2508, 501 Yonge Street

Toronto (Church-Yonge Corridor), ON M4Y 0G8

1 + 1Bedrooms
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Sale

Photo of Unit 2208, 501 Yonge Street
For Sale
Listed for:

Listed Aug 1, 2026

$508,000

Unit 2208, 501 Yonge Street

Toronto (Church-Yonge Corridor), ON M4Y 1Y4

1 + 1Bedrooms
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Sale

Photo of Unit 1710, 501 Yonge Street
For SaleSwimming PoolLake View
Listed for:

Listed Aug 22, 2026

$550,000

Unit 1710, 501 Yonge Street

Toronto (Church-Yonge Corridor), ON M4Y 0G8

1 + 1Bedrooms
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Sale

Photo of Unit 2402, 501 Yonge Street
For SaleSwimming PoolCorner Unit
Listed for:

Listed 29 days ago

$788,000

Unit 2402, 501 Yonge Street

Toronto (Church-Yonge Corridor), ON M4Y 0G8

2 + 1Bedrooms
2Bathrooms
0Parking
700-799Sq Ft

Condo ApartmentFor Sale

7

Units for rent

From $2,400/mo

Photo of Unit 1013, 501 Yonge Street
For RentSwimming PoolNew Construction
Listed for:

Listed 16 days ago

$2,400

Unit 1013, 501 Yonge Street

Toronto (Church-Yonge Corridor), ON M4Y 0G8

1 + 1Bedrooms
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 4908, 501 Yonge Street
For RentSwimming PoolLake View
Listed for:

Listed 15 days ago

$2,500

Unit 4908, 501 Yonge Street

Toronto (Church-Yonge Corridor), ON M4Y 1Y4

1 + 1Bedrooms
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Rent

Photo of Unit 4206, 501 Yonge Street
For RentSwimming PoolPanoramic Views
Listed for:

Listed Aug 14, 2026

$3,250

Unit 4206, 501 Yonge Street

Toronto (Church-Yonge Corridor), ON M4Y 1Y4

1Bedroom
1Bathroom
1Parking
0-499Sq Ft

Condo ApartmentFor Rent

Photo of Unit 2509, 501 Yonge Street
For RentCorner Unit
Listed for:

Listed 13 days ago

$3,500

Unit 2509, 501 Yonge Street

Toronto (Church-Yonge Corridor), ON M4Y 0G8

2Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

Condo ApartmentFor Rent

Live MLS · Updated daily

Overview

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.

Amenities

Fitness Centre

Sauna

Rooftop Garden

Visitor Parking

BBQ Area

Outdoor Pool

Party Room

24/7 Concierge

Price History

621 records
Loading history…

Market Stats

Prices in Teahouse Condos are down 11.8% compared to last year.

$939

Avg $/sqft

-11.8%

YoY change

28

Avg days on market

Location & Walkability

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 - Toronto

community-oriented walkable diverse lively

Church is a vibrant neighbourhood in Toronto, known for its amenities and community feel. It offers a mix of parks, schools, and dining options.

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

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Recently leased

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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.

The honest readPros & cons

What people love

  • Strong community with many amenities
  • Good access to public transit
  • Variety of dining options
  • Multiple parks for outdoor activities
  • Decent school ratings

Keep in mind

  • No current listings for sale or rent
  • Prices may be above city median

The feel of the placeLifestyle

Daily life in Church is active with plenty of places to eat and relax. Residents enjoy easy access to parks and public transport.

Great for young professionals families first-time buyers

The areaWhat's nearby

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)