Sold for:Sold Mar 21, 2025
$1,048,000

Unit 1512, 501 Yonge Street

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

Condo Apartment SoldNot available
Teahouse Condos exteriorTeahouse Condos52 storeys, 960 suites, built 2019

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 1512, 501 Yonge Street, Toronto, Church-Yonge Corridor

2025-02-06
2025-03-21
Sold
Price
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MLS#
c11960212
2024-09-25
2025-01-24
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1512, 501 Yonge Street, Toronto, Church-Yonge Corridor

Prime Downtown Condo 3 Beds, 2 Baths, High Rental Potential! Exceptional opportunity at Yonge & Wellesley! This spacious 3-bedroom, 2-bathroom unit at TEA House Condo is perfect for investors or end-users. Steps from U of T, TMU, subway stations, Eaton Centre, and the Financial District, ensuring strong demand for rentals.Enjoy floor-to-ceiling windows, South-West views, and two balconies. Includes 1 parking & 1 locker. Live, rent, or invest in the heart of Toronto!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,792
Land Transfer Tax Fee
$34,870

Condo/Maintenance Fee

Maintenance Fee
$820 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Parking Included
  • Heat Included
  • CAC Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
2972

Construction

Exposure
South West
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
All S.S. Appliances(Fridge, Stove, B/I Dishwasher, Microwave). Stacked Washer & Dryer, 1 Murphy Bed, 1Parking And 1 Locker.

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Unit
412
Locker Level
p5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
3
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Main level, Combined w/Dining, W/O To Balcony, Laminate
  • Dining Room—
    Main level, Combined w/Living, W/O To Balcony, Laminate
  • Kitchen—
    Main level, Stainless Steel Appl, Open Concept, Modern Kitchen
  • Primary Bedroom—
    Main level, W/O To Balcony, Large Window, Large Closet
  • Bedroom 2—
    Main level, Murphy Bed, Large Window, Laminate
  • Den—
    Main level, Sliding Doors, Large Window, Laminate

Washrooms

  • 4-piece, Main

Municipality
Toronto
Neighbourhood
Church-Yonge Corridor
Main cross streets
Yonge/Wellesley

MLS® number
C11960212
Data source
Toronto Regional Real Estate Board
Status change
2025-03-21
Listed on
2025-02-06
Days on market
43 days
Possession type
After may 1
Co-op commission
2.5%
Seller
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home Market Value

Current home valuation for Unit 1512, 501 Yonge Street, Toronto, Church-Yonge Corridor, Toronto, ON. Listed for $1,048,000

HOMEH Estimate

?

$847,290

Estimated Sales Range

?

$669,359 - $1,025,221

HOMEH Estimate for Unit 1512, 501 Yonge Street, Toronto, Church-Yonge Corridor

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$847,290Medium confidence
Based on 12 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:7.6%

5% on first $500K + 10% on $548,000 over $500K

Minimum down payment

$79,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$38,692$29,239$24,942$0
=Total mortgage
$1,005,996$972,439$915,742$838,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,912monthly$4,748monthly$4,471monthly$4,093monthly
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Land Transfer Tax

Provincial

$17,435

Municipal (Toronto)

$17,435

Total Land Transfer Tax

$34,870

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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