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New3 hours ago

2509 - 501 Yonge Street

Church-Yonge Corridor, Toronto

$759,900

Condo Apartment |
2 + 1 | 2 | 0 | 1
About this home

Discover this exceptional 2-bedroom + den corner suite at the sought-after Teahouse Condos, featuring a highly functional layout and desirable southeast exposure. This bright and spacious southeast corner suite features floor-to-ceiling windows, abundant natural light, and unobstructed city views. Functional open-concept living and dining areas complemented by a modern kitchen with stainless steel appliances and granite countertops. Generously sized primary bedroom with a 4-piece ensuite. Enjoy exceptional building amenities, including an outdoor pool, fitness centre, yoga studio, indoor spa and onsens, Zen lounge, theatre, party room, BBQ patio, pet spa, and more. Unbeatable downtown location with a Walk Score of 99, just steps to TTC, U of T, TMU, George Brown College, Eaton Centre, Yorkville, the Financial District, hospitals, restaurants, and cafes. Experience the best of downtown living in this sought-after residence. Includes 1 locker.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$688
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$4,389
mls© NumberC14127054
Listed ByHOMELIFE LANDMARK REALTY INC.
Water Included
Common Elements Included
Parking Included
Building Insurance Included
Heat Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,890
Property tax
$366
Heat allowance
$150
Condo fees, half counted
$344
Housing costs
$4,749 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $151,980
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,198 / mo
Cash down
$151,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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