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    for sale
    71 Days on Strata

    2208 - 501 Yonge St

    Teahouse Condos2.7
    $552,000
    1 Bed + 1
    1 Bath
    0 Parking
    473 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $402/mth
    Taxes:
    $2,667 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,167/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    East

    Amenities

    Concierge
    Gym
    Indoor Pool
    Outdoor Pool
    Party Room
    Rec Room

    About this Listing

    Wonderful 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!

    ExtrasS/S Fridge, Stove, Dishwasher, B/I Microwave, Washer & Dryer.

    homelife landmark realty inc.MLS® #C12396544

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    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
    10.37 x 10.2ft
    Walkout To Balcony, Combined with Dining, Laminate
    Dining
    10.37 x 10.2ft
    Combined with Living, Open Concept, Laminate
    Kitchen
    6.37 x 7.64ft
    Stainless Steel Appliances, Granite Counter, Open Concept
    Bedroom
    10.6 x 7.84ft
    Murphy Bed, Large Window, Closet
    Den
    10.2 x 7.78ft
    Laminate, Open Concept, Combined with Laundry
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Church - Toronto

    Map

    © OpenStreetMap
    map of location
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    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
    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%

    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
    5.7
    YEARS before being sold again

    Property 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

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$390,000$475,000 - $560,000$511,000 - $650,000$900,000$730,000 - $975,000$944,888 - $950,000No Data
    Avg. Cost Per Sqft$1,345$1,162$1,109$986$1,110$1,090No Data
    Avg. Wait for Unit Availability385 Days164 Days21 Days583 Days94 Days114 DaysNo Data
    Ratio of Units in Building12%17%48%5%8%9%2%

    Market Inventory

    Total number of units listed and sold in Church - Toronto