Maintenance Fees
Teahouse Condos vs The Church - Toronto Area
for sale
32 Days on Strata
2009 - 501 Yonge St
$778,000
2 Beds + 1
2 Bath
0 Parking
800 SQFT
Price History
- Maintenance Fees:
- $665/mth
- Taxes:
- $4,200 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $973/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Oct 20
- Exposure:
- South East
Amenities
Outdoor Pool
Sauna
BBQs Allowed
Party Room
Gym
Concierge
Visitor Parking
Rooftop Deck
Amenity details for reference only. Independently verify accuracy.
About this Listing
Welcome to Teahouse Condominiums by Lanterra Developments - the perfect blend of luxury, location, and lifestyle in the heart of downtown Toronto!This bright and spacious southeast corner unit features two bedrooms, two full baths, and two private balconies with great views. Floor-to-ceiling windows fill the space with natural light, while the modern open-concept layout makes it perfect for both end-users and investors.Enjoy world-class urban convenience: just steps from Wellesley and College subway stations, the underground PATH, University of Toronto, Toronto Metropolitan University, Yorkville shopping district, and five major hospitals. Walk to the Financial and Entertainment Districts in minutes.
homelife landmark realty inc.MLS® #C12472830
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 12.01 x 12.99ft
- Laminate, Balcony, South View
- Dining
- 10.4 x 10.5ft
- Combined with Kitchen, Laminate, Pot Lights
- Kitchen
- 10.4 x 10.5ft
- Laminate, Stainless Steel Appliances, Quartz Counter
- Primary
- 10.99 x 9.42ft
- Laminate, East View, Windows Floor to Ceiling
- 2nd Bedroom
- 10.99 x 9.12ft
- Laminate, Windows Floor to Ceiling, Se View
- Study
- 5.28 x 2.33ft
- Laminate
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Map
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.
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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
Household Income
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%
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Church - Toronto
Turnover of Units
On average, each unit is owned for
5.7
YEARS before being sold againProperty Value
-15%
Decrease in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 115 condos in the Church - Toronto area
Sold Units
40
Units were Sold over the past twelve months
Rented Units
241
Units were Rented over the past twelve months
Best Value Rank
Teahouse Condos offers the best value out of 115 condos in the Church - Toronto neighbourhood
?
Appreciation Rank
Teahouse Condos has the highest ROI out of 115 condos in the Church - Toronto neighbourhood
?
Rental Yield
Teahouse Condos yields the highest rent prices out of 115 condos in the Church - Toronto neighbourhood
?
High Demand
Teahouse Condos is the most popular building out of 115 condos in the Church - Toronto neighbourhood
?
Market Insights
Transaction Insights at Teahouse Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $390,000 | $475,000 - $560,000 | $511,000 - $650,000 | $900,000 | $730,000 - $975,000 | $944,888 - $950,000 | No Data |
| Avg. Cost Per Sqft | $1,345 | $1,162 | $1,109 | $986 | $1,110 | $1,090 | No Data |
| Price Range | $1,770 - $2,250 | $1,900 - $2,600 | $2,100 - $3,650 | $3,200 - $3,750 | $2,250 - $3,800 | $3,600 - $5,000 | $1,500 - $4,500 |
| Avg. Wait for Unit Availability | 385 Days | 164 Days | 21 Days | 583 Days | 94 Days | 114 Days | No Data |
| Avg. Wait for Unit Availability | 10 Days | 8 Days | 3 Days | 23 Days | 18 Days | 19 Days | 64 Days |
| Ratio of Units in Building | 12% | 17% | 48% | 5% | 8% | 9% | 2% |
Market Inventory
Total number of units listed and sold in Church - Toronto
