Southwest Corner Unit, Luxury 3B + 2Baths with Rare Two Balconies in the heart of downtown Toronto at Yonge & Wellesley. Short distance to Yonge & Bloor, University of Toronto, Toronto Metropolitan University, Yonge & Dundas, Eaton Centre, subway stations and much more! Enjoy beautiful South-West views with floor-to-ceiling windows, two balconies, sleek contemporary finishes. Building amenities incl: a top-grade fitness room, yoga room, outdoor pool and lounging deck, BBQ areas, outdoor zen garden and more.
3 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $1,077 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.Ask Zara a follow-up
Inside 501 Yonge St #1012
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
900-999 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
501 Yonge St #1012 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,760
/mo
based on the purchase price of $969,000
$193,800 cash
$775,200 financed
$652,922 total interest
Principal54%$775,200
Interest46%$652,922
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from PropTx or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from PropTx or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $969K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4915.5%On average, homes sold at or above asking.
Active listings12,437Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,654 sales from Jul 10 – Oct 8, 2026 (6,498 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
501 Yonge St #1012 is listed at $969,000 (MLS® C13705242). Summitly updates the price as soon as the MLS® record changes.
Is $969,000 a good price for 501 Yonge St #1012?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 501 Yonge St #1012 changed?
Yes — it was first listed at $999,000 and is now $969,000, a drop of $30,000 (3.0%).
How many bedrooms and bathrooms does 501 Yonge St #1012 have?
501 Yonge St #1012 has 3 bedrooms and 2 bathrooms, with about 900–999 square feet of living space. It is a condo in Toronto.
Is 501 Yonge St #1012 close to transit?
The nearest rapid-transit station is Dufferin Station (Line 2), about 380 m (about a 5-minute walk) in a straight line. Ossington Station is about 390 m (about a 5-minute walk), and Lansdowne Station is about 980 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 501 Yonge St #1012?
About $4,760 a month — principal and interest on $969,000 with 20% down ($193,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 501 Yonge St #1012 compare with other homes in Toronto?
Its asking price of $969,000 is about 14% above the median sold price in Toronto over the last 90 days, $849,000, across 9,654 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 501 Yonge St #1012 been sold before?
Summitly has no earlier MLS® sale or lease of 501 Yonge St #1012 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 501 Yonge St #1012?
501 Yonge St #1012 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 501 Yonge St #1012 been on the market?
45 days — 501 Yonge St #1012 was listed on August 24, 2026.
What is the price per square foot of 501 Yonge St #1012?
About $970 to $1,077 per square foot: the asking price of $969,000 over the 900–999 sq ft the listing gives as its size range.
