$519,000

For saleJust listed

#1710 501 Yonge Street, Toronto (Church-Yonge Corridor) - Single Family for Sale

#1710 501 Yonge Street, Toronto (Church-Yonge Corridor), Ontario, M4Y0G8

2 beds1 bath0 parking550 ft²$441/mo condo feeListed 5 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $519,000, it is attractively priced about 13% below the $595,000 median asking price in Toronto. It has been on the market 5 days, fresher than the Toronto average of 63 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome To Teahouse Condos In The Heart Of Downtown Toronto! Bright & Functional 1+Den Suite, Approx. 536 Sq.Ft., Featuring Desirable South Exposure With Open City & Lake Views. Floor-To-Ceiling Windows Bring In Abundant Natural Light, While The Large Balcony Extends The Living Space Outdoors. Modern Open-Concept Kitchen With Built-In Appliances, Laminate Flooring Throughout, And A Separate Den Ideal For A Home Office Or Study. Steps To Wellesley & College Subway Stations, U Of T, TMU, Major Hospitals, Yorkville, Shopping, Restaurants, Groceries & Everyday Conveniences. Excellent Building Amenities Include 24/7 Concierge, Gym, Pool, Sauna, Media/Theatre Room, Party & Meeting Rooms And More. An Excellent Opportunity For End Users, Professionals, Parents Or Investors Seeking A Prime Downtown Toronto Location! (id:66096)

Property Details

MLS®: C14130762
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $441/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,885.09/yr
Listed: 5 days ago

Rooms

Flat

Living room: 3.08 x 2.76 meters
Dining room: 3.08 x 2.76 meters
Kitchen: 3 x 2.76 meters
Primary Bedroom: 2.79 x 3.27 meters
Den: 2.13 x 2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Church-Yonge Corridor) listings, avg age

63d

Price / ft²

$944

List price

$519K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Church-Yonge Corridor) has been listed for 5 days, which is 58 days fresher than the city average of 63. Act while there is still low competition.

Set a price alert Book a showing

Listed by NU STREAM REALTY (TORONTO) INC. · PETER XU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $519,000, about 8.3× the local median household income of $62,400.

Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 62% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$519,000· $944/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.18% · $26,900

Min 5.18%50%

Mortgage payment$2,728/mo

↳ CMHC premium ($19,684 capitalized)

Property tax (est.)$240/mo

Condo fee$441/mo

Total monthly$3,409

Cash Needed to Close

Down payment (5.18%)$26,900

Land transfer tax$13,710

Est. closing costs$4,057

Total cash needed$44,667

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator