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2208 - 501 YONGE STREET, Toronto (Church-Yonge Corridor) — listed at $508,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Client RemarksWonderful Location at Yonge & Wellesley!Two-Year-New 1 Bed + Den at Teahouse Condos. Den Can Be Used as 2nd Bedroom or Home Office. 9' Ceilings & Laminate Flooring Throughout. Spacious Bedroom with Floor-to-Ceiling Windows. Modern Kitchen with Granite Countertop, Backsplash & S/S Appliances. Marble Vanity in Bath. Unobstructed East Sunrise View.Steps to U of T, TMU, Subway, Shops, Restaurants, Hospitals.Five-Star Amenities: 24/7 Concierge, Gym, Rooftop Pool & Patio, Hot/Cold Plunge Pools, Party Room with Wet Bar, Lounges, Billiards, Boardroom, Theatre & More! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Lower level | 3.16 x 3.11 meters |
| Dining room | Main level | 3.16 x 3.11 meters |
| Kitchen | Main level | 1.94 x 2.33 meters |
| Bedroom | Main level | 3.23 x 2.39 meters |
| Den | Main level | 3.11 x 2.37 meters |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,757.55, a condo/maintenance fee of $401.63/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What do the condo/maintenance fees cover?+
The $401.63/mo fee covers: Common Area Maintenance, Heat, Water, Insurance.
Tell me about the pool.+
This property has a pool: Indoor pool, Outdoor pool. Ask whether it's open year-round or seasonal, and factor in maintenance costs when budgeting.
Is this a good starter home?+
At $508,000, this is priced in starter-home territory for Toronto (Church-Yonge Corridor). With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
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