501 Yonge St #905, Toronto

Name: 501 Yonge Street, Unit 905
SKU: C14114770
Price: 898888 CAD
Availability: InStock

3 Bed, 2 Bath Condo in Toronto

Unit 905 at 501 Yonge Street

Rare Downtown Opportunity at Teahouse Condos! Spacious 3-Bedroom, 2-Bathroom Suite with ***1 Parking Space and 1 Locker *** - a highly desirable combination in the heart of Toronto. Bright and functional layout featuring floor-to-ceiling windows, impressive city views, and a modern kitchen with sleek built-in appliances. Unbeatable location steps to College & Wellesley subway stations, U of T, TMU, major hospitals, Yorkville, shopping, restaurants and everyday conveniences, with easy access to the Financial District. Residents enjoy an exceptional selection of amenities including 24-hour concierge, outdoor pool, fitness centre, yoga room, sauna, spa, theatre, BBQ area, stylish lounges and party rooms. An excellent choice for end users, families or investors looking for space, convenience and long-term value in one of Downtown Toronto's most connected locations.

3 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $999 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 501 Yonge St #905

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 900-999 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

501 Yonge St #905 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 24, 2026For saleListedThis listingMLS® C14114770$898,888

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 501 Yonge St #905 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 15,938 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $845,000
Average sold price: $1,081,240
Average days on market: 31
Homes sold: 9,621

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$845,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,401Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.

Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 905 — 501 Yonge Street 3 bd · 2 ba · 900 sqft	$898,888asking	$999	—	—
32 Trolley Crescent 2 bd · 2 ba · 700 sqft
7 Lorraine Drive 2 bd · 2 ba · 800 sqft
21 Overlea Boulevard 2 bd · 2 ba · 900 sqft
17 Bathurst Street 2 bd · 2 ba · 600 sqft
18 Graydon Hall Drive 2 bd · 2 ba · 700 sqft
101 Peter Street 2 bd · 2 ba · 700 sqft

32 Trolley Crescent
2 bd · 2 ba · 700 sqft
7 Lorraine Drive
2 bd · 2 ba · 800 sqft
21 Overlea Boulevard
2 bd · 2 ba · 900 sqft
17 Bathurst Street
2 bd · 2 ba · 600 sqft
18 Graydon Hall Drive
2 bd · 2 ba · 700 sqft
101 Peter Street
2 bd · 2 ba · 700 sqft

More in this building

6 for sale · 7 for rent at 501 Yonge St — plus its sale and lease history.

See all of 501 Yonge St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Wellesley StationLine 1270 m3 min walk
College StationLine 1280 m4 min walk
Queen's Park StationLine 1660 m8 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Wellesley Station (Line 1)3 min walk
College Station (Line 1)4 min walk
Queen's Park Station (Line 1)8 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Wellesley Station
270 m3 minClosest· Line 1
Homes near Wellesley Station
College Station
280 m4 min· Line 1
Homes near College Station
Queen's Park Station
660 m8 min· Line 1
Homes near Queen's Park Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 501 Yonge St #905. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 501 Yonge St #905

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $4,416; 20% down · 25 years · 5.5% assumed
Property tax: $494; 0.66% mill rate · ON
Total per month: $4,910; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$4,416

/mo

based on the purchase price of $898,888

Down payment20%

$179,778 cash

Amortization25 yr

$719,110 financed

Rate5.50%

$605,679 total interest

Principal54%$719,110

Interest46%$605,679

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB 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 TRREB 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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Questions About 501 Yonge St #905

How much is 501 Yonge St #905 listed for?

501 Yonge St #905 is listed at $898,888 (MLS® C14114770). Summitly updates the price as soon as the MLS® record changes.

Is $898,888 a good price for 501 Yonge St #905?

Summitly rates it Above Market: the asking price is 5% to 15% 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 #905 changed?

No — 501 Yonge St #905 is still listed at its original asking price of $898,888.

How many bedrooms and bathrooms does 501 Yonge St #905 have?

501 Yonge St #905 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 #905 close to transit?

The nearest rapid-transit station is Wellesley Station (Line 1), about 270 m (about a 3-minute walk) in a straight line. College Station is about 280 m (about a 4-minute walk), and Queen's Park Station is about 660 m (about a 8-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 #905?

About $4,416 a month — principal and interest on $898,888 with 20% down ($179,778), 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 #905 compare with other homes in Toronto?

Its asking price of $898,888 is about 6% above the median sold price in Toronto over the last 90 days, $845,000, across 9,621 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 #905 been sold before?

Summitly has no earlier MLS® sale or lease of 501 Yonge St #905 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 501 Yonge St #905?

501 Yonge St #905 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 501 Yonge St #905 been on the market?

1 day — 501 Yonge St #905 was listed on October 24, 2026.

What is the price per square foot of 501 Yonge St #905?

About $900 to $999 per square foot: the asking price of $898,888 over the 900–999 sq ft the listing gives as its size range.

Does 501 Yonge St #905 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know