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1012 - 501 Yonge Street

1012 - 501 Yonge Street

Toronto C08, ON

  • 3 bed
  • 2 bath
  • approx. 900-999 sqft
  • Condo Apartment
  • 27 days on market
$969,000Price reduced 3%

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.

Listing Details

Taxes (2026)
$5,018
Originally Listed
$999,000
Listed
August 24, 2026

Price History

Property

Style
Apartment
Age
0-5
Construction
Brick, Concrete
Interior
Separate Hydro Meter

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Yonge/Wellesley
Parcel Number
769720605
Possession
Other
Occupancy
Owner

Condo

Maintenance Fee
$824/month
Fee Includes
Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open
Amenities
Exercise Room, Concierge, Outdoor Pool, Guest Suites, Recreation Room, Party Room/Meeting Room

Included

Inclusions
Fridge, Stove, Dishwasher, Washer & dryer, One parking.

Schools

Elementary

  • Church Street Junior Public School0.3 km

    Public · Toronto DSB · 485 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 45% met the provincial standard

  • Collège français élémentaire0.5 km

    French public · CS Viamonde · 75 students

  • St Martin Catholic School(OL of Lourdes0.7 km

    Catholic · Toronto CDSB

Secondary

  • Native Learning Centre0.3 km

    Public · Toronto DSB

  • St Joseph's College School0.4 km

    Catholic · Toronto CDSB · 545 students

    Grade 10 literacy: 87% met the provincial standard

  • Collège français secondaire0.5 km

    French public · CS Viamonde · 155 students

    Grade 10 literacy: 100% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M4Y

Population
36,319
Private dwellings
26,472
Median age
33.2
Average household size
1.5
Median household income
$62,400

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto C08 · last 12 months

Median sold price
$588,000
Homes sold
1,636
Median days on market
28
Sale-to-list price
97.3%

Based on 1,636 recorded sales of residential condo & other properties in Toronto C08 over the last 12 months.

Rooms

4-piece on Main, 4-piece on Main

Main

  • Bedroom13'2" x 9'
  • Bedroom 210'10" x 9'
  • Den11'3" x 9'
  • Dining Room23'3" x 10'6"
  • Kitchen23'3" x 10'10"
  • Living Room23'3" x 10'10"

Listed by

HOMELIVING EMPIRE REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$193,800

Estimated Monthly Payment

$4,760

Land transfer tax

Estimated land transfer tax$15,855

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,760/mo (20% down, 5.5%)

Taxes: $418/mo · Insurance: $242/mo

Maint: $824/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions South-West views. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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