#2506 501 Yonge Street, Toronto (Church-Yonge Corridor), Ontario, M4Y0G8




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$399,999
Toronto
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $399,999, it is attractively priced about 31% below the $580,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 62 days.
Welcome to Teahouse Condos! This beautifully 1 Bedroom suite is located right in the heart of downtown Toronto. Featuring stainless steel appliances, ensuite laundry, One Twin Size Hideaway Bed In Living Room, and floor-to-ceiling windows showcasing beautiful city views. Enjoy unbeatable convenience with transit and subway access just steps away, walking distance to major hospitals, Eaton Centre, TMU, and the University of Toronto. Residents enjoy 24-hour concierge service and exceptional amenities, including a rooftop pool, lounge, visitor parking, and more. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 62 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Church-Yonge Corridor) has been listed for 0 days, which is 62 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,999, about 6.4× the local median household income of $62,400.
Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice