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    Toronto / Downtown / Church - Toronto

    1508 - 501 Yonge St

    For RentTeahouse Condos
    3.3
    $2,300/mth
    1 Bed + 1
    1 Bath
    0 Parking
    499 SQFT
    27 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    Partially
    Exposure:
    East
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Combined with Dining, Laminate
    0 x 0ft
    Dining
    Combined with Living, Combined with Living, Laminate
    0 x 0ft
    Kitchen
    Stone Counter, Backsplash, Laminate
    0 x 0ft

    About this Listing

    Teahouse Condos, Unobstructed view 1+ Den Condo In The Heart Of Downtown Toronto. Bright & Modern Design 1 Bedroom + Den Unit With Huge Walk-Out Balcony Plus East Views. Spacious Bedroom With Floor To Ceiling Windows. Large Den Can Be Used As Second Bedroom Or Study. Location Is The Key! Steps To Subway Stations, Bloor-Yorkville Luxury Shopping & Eaton Center. As Well As Restaurants, U Of T & Ryerson U, Hospitals. Premium Amenities: Round-the-Clock Concierge & Security, State-of-the-Art Fitness Center, Rooftop Pool & Patio, Indoor Hot & Cold Plunge Pools, Elegant Party Room with Wet Bar, Multiple Lounges, Billiards Room, Boardroom, Private Theatre, Pet Spa, and Luxurious Guest Suites.

    first class realty inc.MLS® #C11969187

    Amenities

    Concierge
    Rooftop Deck
    Party Room
    Outdoor Pool
    Gym Room
    Sauna

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,008
    Average Individual Income
    $65,836
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $109,948
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    22%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    10%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Urdu
    1%
    Tamil
    1%
    Education
    University and Above
    39%
    High School
    22%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Teahouse Condos vs The Church - Toronto Area

    Building Trends At Teahouse Condos

    Days on Strata

    Units at Teahouse Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Church - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.2
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 91 condos in the Church - Toronto area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    230
    Units were Rented over the past twelve months

    Best Value Rank

    Teahouse Condos offers the
    ?
    best value out of 91 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    Teahouse Condos has the
    ?
    highest ROI out of 91 condos in the Church - Toronto neighbourhood

    Rental Yield

    Teahouse Condos yields the
    ?
    highest rent prices out of 91 condos in the Church - Toronto neighbourhood

    High Demand

    Teahouse Condos is the
    ?
    most popular building out of 91 condos in the Church - Toronto neighbourhood

    Transaction Insights at 501 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$485,000$475,000 - $610,000$590,000 - $780,000No Data$980,000$950,000No Data
    Avg. Cost Per Sqft$1,541$1,239$1,196No Data$1,277$1,071No Data
    Avg. Wait for Unit Availability419 Days155 Days29 Days87 Days402 Days192 DaysNo Data
    Ratio of Units in Building13%17%48%6%8%9%2%

    Transactions vs Inventory

    Total number of units listed and leased in Church - Toronto