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Things you’ll love
Images Available| 1 bed | 1 bed | 1 bath | $4,467 /mo | The advertised rate of C$4,467/month is the lowest available price, based on a 30 day(s) stay with a move-in date of March 6, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this new luxury studio suite in "The Teahouse Condo" by Prestigious Lanterra, located in the high-demand downtown core and offering a great view of the city. This comfortable suite has everything you need. The fully functional kitchen includes supplies such as tea, coffee, a kettle, coffeemaker, and toaster. A washer and dryer are available with supplies. The bathroom includes towels, shampoo, conditioner, body wash, a hair dryer, and other toiletries. Underground parking with in/out privileges is available upon request for an additional fee of $25 per night. It's recommended to request it in advance as spaces may be limited. In case of no availability, there is paid underground parking nearby. Pets are allowed with a fee of $10 per night for 1 pet. Travel cribs (for 0-18-month-old babies) are available for $5 per item per night; please book these items in advance. The apartment is steps to the subway, Toronto Metropolitan University, office towers, Yorkville, and hospitals, and close to many shops, the Financial District, and Eaton Centre. Guests must be 18 or over in order to check in. According to the condo rules, information about guests must be provided to the condo management prior to their arrival. If you plan a stay with pets, please confirm the opportunity prior to booking. | |||
| 2 bed | 2 bed | 2 bath | $6,712 /mo | The advertised rate of C$6,712/month is the lowest available price, based on a 30 day(s) stay with a move-in date of March 8, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this luxurious 2-bedroom plus den condo in the heart of downtown Toronto, offering great city views. This comfortable suite has everything you need. The fully functional kitchen includes tea, coffee, a kettle, a coffeemaker, and a toaster. A washer and dryer are available with supplies. The bathroom is equipped with towels, shampoo, conditioner, body wash, a hair dryer, and other toiletries. Underground parking with in/out privileges is available upon request for an additional fee of $25 per night. It's recommended to request it in advance as spaces may be limited. In case of no availability, there is paid underground parking nearby. Pets are allowed with a fee of $10 per night for one pet. Travel cribs (for 0-18-month-old babies) are available for $5 per item per night. Please book these items in advance. Centrally located, this apartment is steps away from the subway, Toronto Metropolitan University, office towers, Yorkville, hospitals, many shops, the Financial District, and Eaton Centre. Guests whose names or ID do not match the information given are not allowed into the building. According to the condo rules, information about guests must be provided to the condo management prior to arrival, including all guests' names and their ID details, vehicle, and license plate numbers (if parking is required). Guests must be 18 or over to check in. For reservations of 7 nights or more, it is possible to check in from the age of 18. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Fully Equipped Kitchen |
| Furnished | Hanger |
| Has View | Kettle |
| Linen Towel | Toaster |
| TV |
Appliances
| Coffee Machine | Dishwasher |
| Hair Dryer | In-Unit Laundry |
| Iron | Microwave |
| Oven | Refrigerator |
| Stove |
Tech
| WFH Bundle | WiFi |
Building
| Elevator | Smoke Detector |
Services
| On-Site Management |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Lease terms | 1–12 months |
|---|
We offer custom pricing for any duration. Rates may vary upon exact move in and move out dates. Please visit our website and enter your dates of stay to see up-to-date pricing for your specific booking.
How 501 Yonge Street compares to other nearby properties.
Positives
1-bedroom apartments here are priced 103% higher than 1-bedrooms in The Village.
If you decide to upgrade your space, you can expect 2-bedrooms at 501 Yonge Street to be 124% more than the average for similarly sized apartments in The Village.
| Month | Median Rent |
|---|---|
| March 2024 | $1,987 |
| April 2024 | $1,959 |
| May 2024 | $1,983 |
| June 2024 | $1,990 |
| July 2024 | $1,955 |
| August 2024 | $1,948 |
| September 2024 | $1,907 |
| October 2024 | $1,898 |
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,741 |
| February 2026 | $1,709 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,983 |
| April 2024 | $2,021 |
| May 2024 | $2,046 |
| June 2024 | $2,035 |
| July 2024 | $1,979 |
| August 2024 | $1,958 |
| September 2024 | $1,939 |
| October 2024 | $1,925 |
| November 2024 | $1,992 |
| December 2024 | $1,929 |
| January 2025 | $1,920 |
| February 2025 | $1,926 |
| March 2025 | $1,898 |
| April 2025 | $1,889 |
| May 2025 | $1,843 |
| June 2025 | $1,865 |
| July 2025 | $1,895 |
| August 2025 | $1,877 |
| September 2025 | $1,805 |
| October 2025 | $1,779 |
| November 2025 | $1,838 |
| December 2025 | $1,880 |
| January 2026 | $1,748 |
| February 2026 | $1,743 |
Can I afford to live at 501 Yonge St #1345952P?
Bedrooms
Rent-to-income ratio
30%
$178,680/yr
The Village | Toronto, ON
West Don Lands • 432 Cherry St
2–3 Beds
$3,218–$4,585
L'Amoreaux • 3030 Pharmacy Ave
3 Beds
$3,299–$3,699
North Toronto • 73 Broadway Ave
3 Beds
$4,280
West Don Lands • 432 Cherry St
2–3 Beds
$3,218–$4,585
L'Amoreaux • 3030 Pharmacy Ave
3 Beds
$3,299–$3,699
North Toronto • 73 Broadway Ave
3 Beds
$4,280
