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501 Yonge Street earns an outstanding overall rating, with top marks for price, amenities, location, and quality, plus a strong trustworthiness score. It stands out as a competitively priced, well-located property with a clear and detailed presentation, and the 25 photos add helpful visual insight for renters.
Things you’ll love
| 1 bed | 1 bed | 1 bath | 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. | |||
| 1 bed | 1 bed | 1 bath | The advertised rate of C$5,565/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 20, 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 1-bedroom plus den condo at "The Teahouse Condo" by Prestigious Lanterra, located in the high-demand downtown core. This comfortable suite offers a great view of the city. The fully functional kitchen is equipped with a kettle, coffee maker, toaster, and supplies for tea and coffee. A washer and dryer with supplies are also provided. The bathroom includes towels, shampoo, conditioner, body wash, a hair dryer, and other toiletries. A gym is available for use. Travel cribs for babies aged 0-18 months are available for $5 per night, and pets are allowed for an additional fee of $10 per pet per night. Please confirm availability prior to booking. This condo is steps away from the subway, Toronto Metropolitan University, office towers, Yorkville, hospitals, and is close to many shops, the Financial District, and the Eaton Centre. Check-in is after 4 PM and check-out is before 12 PM. Guests are required to provide their names, ID details, vehicle, and license plate numbers to condo management prior to arrival. A selfie with your ID is requested as an anti-fraud measure. Guests must be 18 or over to check in. The unit is equipped with a noise detector and video surveillance at the front door only. Parties are prohibited, and the reservation may be canceled without refund if the number of guests exceeds the reservation details. Smoking is prohibited inside the unit or building, and triggering the smoke detector will result in a $150 service call and $200 cleaning fee. This suite is ideal for remote work, offering a comfortable den space and reliable Wi-Fi. | |||
| 2 bed | 2 bed | 1 bath | 484 sqft | The advertised rate of C$5,112/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 14, 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 professionally designed 2-bedroom suite, located in the heart of Downtown Toronto. This stylish and comfortable apartment offers a premium living experience. This premium 2-bedroom unit is exclusively yours, featuring high-speed Wi-Fi, air conditioning, heating, and an in-unit washer/dryer. Enjoy the convenience of a gym for your fitness needs. Enhance your stay with premium services such as airport limo, private chef, dry-cleaning, and mid-stay housekeeping. Pets are welcome with a fee of $25 per day for 1-5 days, $200 for 6-28 days, and $300 for 29+ days. Conveniently located in the heart of Downtown Toronto, this suite is ideal for tourists and professional business travelers. It's within walking distance to major attractions including the Eaton Centre, shopping centers, Queens Park, the University of Toronto, and hospitals. The unit's entrance is located off Yonge Street, with easy access to TTC, taxis, Lyft, and Uber. No parties are allowed, with a $500 surcharge for deceptive use of the house. Smoking is prohibited inside the property or on the balcony, with a $1000 fine for evidence of indoor smoking. All guests must be registered, and a surcharge of $100 per undeclared guest per night will be applied for each unapproved guest. Check-in and check-out times are mandatory, with a $100.00 per hour penalty for failing to check out by 11 am. Shoes are to be left by the front door and not worn inside the house. Guests reserved for 30 days or more will be required to sign a Rental Agreement and are responsible for their own consumables after the initial supplies are used. Includes high-speed Wi-Fi. | ||
| 2 bed | 2 bed | 2 bath | 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 | Central Heat |
| Fully Equipped Kitchen | Furnished |
| Hanger | Has View |
| Kettle | Linen Towel |
| Shower | Toaster |
| TV |
Appliances
| Coffee Machine | Dishwasher |
| Hair Dryer | In-Unit Laundry |
| Iron | Microwave |
| Oven | Refrigerator |
| Stove |
Tech
| WiFi |
Building
| Cats OK | Dogs OK |
| Elevator | Smoke Detector |
Grounds
| Spa |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
| Lease terms | 1–12 months |
|---|
The advertised rate of C$5,565/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 20, 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 1-bedroom plus den condo at "The Teahouse Condo" by Prestigious Lanterra, located in the high-demand downtown core. This comfortable suite offers a great view of the city. The fully functional kitchen is equipped with a kettle, coffee maker, toaster, and supplies for tea and coffee. A washer and dryer with supplies are also provided. The bathroom includes towels, shampoo, conditioner, body wash, a hair dryer, and other toiletries. A gym is available for use. Travel cribs for babies aged 0-18 months are available for $5 per night, and pets are allowed for an additional fee of $10 per pet per night. Please confirm availability prior to booking. This condo is steps away from the subway, Toronto Metropolitan University, office towers, Yorkville, hospitals, and is close to many shops, the Financial District, and the Eaton Centre. Check-in is after 4 PM and check-out is before 12 PM. Guests are required to provide their names, ID details, vehicle, and license plate numbers to condo management prior to arrival. A selfie with your ID is requested as an anti-fraud measure. Guests must be 18 or over to check in. The unit is equipped with a noise detector and video surveillance at the front door only. Parties are prohibited, and the reservation may be canceled without refund if the number of guests exceeds the reservation details. Smoking is prohibited inside the unit or building, and triggering the smoke detector will result in a $150 service call and $200 cleaning fee. This suite is ideal for remote work, offering a comfortable den space and reliable Wi-Fi.
How 501 Yonge Street compares to other nearby properties.
Positives
Considerations
| Month | Median Rent |
|---|---|
| June 2024 | $1,982 |
| 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 |
| March 2026 | $1,700 |
| April 2026 | $1,700 |
| May 2026 | $1,706 |
| June 2026 | $1,720 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,005 |
| 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 |
| March 2026 | $1,737 |
| April 2026 | $1,790 |
| May 2026 | $1,813 |
| June 2026 | $1,795 |
The Village | Toronto, ON
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