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501 Yonge Street stands out with a near-perfect Zumper expert rating, excellent price, amenities, location, and quality scores, plus strong trustworthiness. Its 38 photos add a useful visual preview, making it a compelling option for renters seeking value, convenience, and a well-presented property.
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Pet owners| 1 bed | 1 bed | 1 bath | $3,903 /mo | The advertised rate of C$3,903/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 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 studio suite at "The Teahouse Condo" by Prestigious Lanterra, located in the high-demand downtown core. This comfortable suite offers a great view of the city. This studio suite is equipped with a fully functional kitchen with supplies including tea, coffee, a kettle, a coffeemaker, and a toaster. A washer and dryer with supplies are also provided. The bathroom includes towels, shampoo, conditioner, body wash, a hair dryer, and other toiletries. Underground parking is available upon request for an additional fee of $25 per night. Travel cribs for babies aged 0-18 months are available for $5 per night. Pets are allowed in the apartment with a fee of $10 per night for one pet. Conveniently situated steps from the subway, Toronto Metropolitan University, office towers, Yorkville, and hospitals. It's also 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 must provide their names, ID details, vehicle, and license plate numbers to condo management prior to arrival. A selfie with ID is required as an anti-fraud measure. Guests must be 18 or over to check in. The unit is equipped with video surveillance to the front door only and a noise detector. Any parties or exceeding the number of guests specified in the reservation may result in immediate cancellation without refund. Smoking is prohibited inside the unit or building. If the smoke alarm is triggered or the smell of smoke is detected, the reservation may be cancelled immediately and a $150 service call and $200 cleaning fee will be charged. The suite is equipped with fresh new furniture and offers a comfortable space for remote work. | |||
| 2 bed | 2 bed | 2 bath | $5,680 /mo | The advertised rate of C$5,680/month is the lowest available price, based on a 1 month(s) and 2 day(s) stay with a move-in date of February 8, 2027. 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 2-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. This comfortable 2-bedroom plus den suite is fully upgraded with new furniture and appliances. The fully functional kitchen is equipped with a tea, coffee, kettle, coffeemaker, and toaster. A washer and dryer with supplies are also provided. The bathroom includes towels, shampoo, conditioner, body wash, hair dryer, and other toiletries. Underground parking is available upon request for an additional fee of $25 per night. Pets are allowed in the apartment with a pet fee of $10 per night for one pet. Travel cribs for babies aged 0-18 months are available for $5 per item per night. Conveniently located steps from the subway, Toronto Metropolitan University, office towers, Yorkville, hospitals, and close to many shops, the Financial District, and the Eaton Centre. Check-in is after 4 PM and check-out is before 12 PM. The unit is equipped with video surveillance to the front door only and a noise detector. Any type of smoking is prohibited inside the unit or building. If the smoke alarm is triggered and the smell of smoke is detected, your reservation may be canceled and you may be charged a $150 service call fee and a $200 cleaning fee. Guests must be 18 or over to check in. This apartment is remote work-friendly and includes a fully functional kitchen with supplies, and a washer and dryer with supplies. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| 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 |
Services
| On-Site Management |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
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 66% 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 60% more than the average for similarly sized apartments in The Village.
| 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 |
Can I afford to live at 501 Yonge St #1345952P?
Bedrooms
Rent-to-income ratio
30%
$156,120/yr
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South Annex • 748 Bathurst St
Studio–3 Beds
$1,999–$3,995
Yorkville • 50 Ramsden Place Apts.
Studio–2 Beds
$1,897–$2,797
West Don Lands • 432 Cherry St
1–3 Beds
$2,613–$5,015
Clanton Park • 799 Sheppard Ave W
1–3 Beds
$2,755–$4,955
L'Amoreaux • 3030 Pharmacy Ave
2–3 Beds
$2,485–$3,035
