TeaHouse Condos at 501 Yonge Street – Enjoy an Upscale Lifestyle in Downtown Toronto
Amidst the beating heart of the city, two worlds meet. This is where inspiration meets inspired design. Where tranquil living meets the energy of life. This is where East meets West.Where life meets the city.
The culture and design traditions of Asia are the inspiration for a new landmark building set to rise on Toronto’s most iconic street. TeaHouse Condos at 501 Yonge Street is your welcome respite, your serene retreat from the vibrant energy of downtown life. Feel your world restored to balance the moment you arrive home. Here, the modern and the natural come together. Time-honoured traditions are given new life. And all the elements coexist in perfect harmony.
Are you ready to experience the upscale amazing lifestyle that only downtown Toronto can offer? Then the Teahouse Condos at 501 Yonge Street will be an excellent place for you. This luxury condos is developed by the talented staff at Lanterra Developments and designed by Alliance Architects. Teahouse Condos at 501 Yonge Street are right in the heart of Toronto. As you pass 501 Yonge Street, you are sure to be impressed by these amazing towers.
Teahouse Condos Highlight
Location
Prime Location in Downtown Toronto at Yonge & College Street
Subway
Steps to both College & Wellesley subway station, Easy access to everywhere
Convenience
Walk distance to subway station,street car,the PATH,luxurious shops or restaurants
School
Close to University Of Toronto,Ryerson University, George Brown College
Developer
Build by one of the top developer Lanterra Developments
Teahouse Condos are located in the heart of downtown Toronto, 501 Yonge Street, will be built by a leading developer: Lanterra Developments. The Teahouse Condos at 501 Yonge Street contain a wide range of valuables to prospective real estate investors: fantastic location, great reputation developer and a good return on investment. There are countless attractive features associated with this development. Take a look at the following four key points that outline why you should invest in Teahouse Condos.
1. Teahouse Condos at 501 Yonge Street Have the Best Locations in Town
In real estate, location defines value and Teahouse Condos no exception for that rule. Teahouse Condos at 501 Yonge Street occupy a special place in downtown Toronto, It has a Walk Score of 99 out of 100 and a Transit Score of 97 of 100, close to luxury shops on Bloor Street; minutes’ walk from the University of Toronto and Ryerson University, along with health centers and the Financial District. Teahouse at 501 Yonge Condos are located between the Yonge & College and the Yonge & Wellesley community. Both community are among the most charming areas of the city. Enjoy extremely easy access to the Colleges and Wellesley Subway Station, street cars, the PATH, the Eaton Centre, the cinema, clubs, dining facilities, parks, Loblaws, LCBO and college park. Take pleasure in luxury-amenities and benefits. It is just a four minute walk or one subway stop away from the core of the Toronto transit Bloor-Yonge Station, permitting you to venture uptown or to Toronto’s east or west sides with ease.
2
Top universities (U of T & Ryerson)
3
Acre Park located just one block south
4
Minute walk to Loblaw’s flagship store
5
Of Canada’s top hospitals within 1 km
99
Walking score
97
Transit score
1000
Shops and services in the PATH
330
Shops in the Eaton Centre
2
Minute walk to TTC subway Station
2
Minute walk to the future underground PATH
5
Minute walk to Bloor Luxury Shops
9
Minute walk to Eaton Centre
Teahouse Condos Location Map
501 Yonge Street, Toronto, Ontario,Canada
Get Directions
2. The Potential for Positive Cash Flow
158000
People that work and study within 1km radius.
115000
Students in the area who spend $3 million annually.
As in the first key point mentioned, Teahouse Condos at 501 Yonge Street has extremely easy transit to all over, high walkability to major amenities and quick access to workplaces and universities. There are more than 158,000 workers and students within a 1km radius of the Teahouse Condos. Surrounded by office buildings, shops and restaurants. A block to the west, government buildings provide steady jobs for office employees who are willing to live within the area. This prime location will definitely attract students, hospital workers and financial district professionals to pay top dollar to live there. Why? People are willing to pay extras to enjoy an upscale lifestyle and to also be close to work and schools..
3. Lanterra Developments Has a Very Strong Reputation for Quality
Lanterra Developments establish cutting-edge, one-of-a-kind downtown condo homes. They have actually charted an incredible success story on the Toronto horizon with one famous condo after another, scaling new heights in design, style and sophisticated urban living. Lanterra Developments has successfully developed many city landmark projects, such as 11 WELLESLEY ON THE PARK, THE BRITT CONDO, MURANO, BURANO, ICE CONDOS, 3018 YONGE AT LAWRENCE PARK, TREVISO CONDOS, MAPLE LEAFE SQUARE CONDOS, TOY FACTORY LOFTS, Etc. Those great projects give investors great return, and the resale values have steadily increased. Teahouse at 501 Yonge Condos will be the next masterpieces that everyone is expecting and willing to wait for.
4. Platinum VIP First Access and Lowest Price to Ensure Maximum Return
As the Official Approved Top Agent of LANTERRA development, I have the exclusive Platinum VIP access to Teahouse Condos, LOWEST PRICE GUARANTEED – FIRST TO GET FLOOR PLANS AND PRICE LIST. Contact Mark Li at 416-500-5355 to secure a unit before it’s open to the public.
TEAHOUSE AT 501 YONGE STREET MARKET ANALYSIS
The average resale nearby 501 Yonge Street is $740/Sq.Ft. and rents average is $3.69 Sq.Ft since May 1st/2014 to present. Lanterra Developments is noted for building exceptional residences such as 11 Wellesley On the park, Ice Tower, Burano Condos, Murano Condos. Some of these projects achieved the highest resale values in the downtown core. Lanterra’s New Project Teahouse at 501 Yonge Street is close to 2 subway stations, with a Yonge street address and the future PATH 2 Minutes away, Teahouse condos will give you even higher resale and rental investment in the future.
NEARBY CONDOMINIUM RENT ANALYSIS*
LOCATION
SUITE
TYPE
PARKING
LOCKER
LISTED$
SOLD$
%LIST
DAY ON MARKET
25 Carlton St
1901
Studio
0
0
1490
1490
100%
11
21 Carlton St
3203
1BED
0
0
1680
1680
100%
3
832 Bay St
2106
1BED+DEN
1
0
2150
2150
100%
13
7 Carlton St
716
1BED+DEN
1
0
1990
2000
101%
6
21 Carlton st
202
2BED
0
0
2750
2700
98%
22
38 Grenville st
3903
2B+D
1
0
2850
2850
100%
21
832 Bay St
2805
2B+D
1
0
3050
3050
100%
14
NEARBY CONDOMINIUM RESALE ANALYSIS*
LOCATION
SUITE
TYPE
PARKING
LOCKER
LISTED$
SOLD$
%LIST
DAY ON MARKET
SIZE,S.F*
$/S.F
38 Grenville st
2405
STUDIO
0
0
319900
318500
99%
1
370
$860.81
38 Grenville st
4405
1 BED
0
0
419000
419000
100%
6
540
$775.93
832 Bay St.
4001
1 BED
0
0
479000
475000
99%
25
600
$791.67
889 Bay st
807
1BED+D
1
0
459000
465000
101%
13
730
$636.99
909 Bay st
611
1BED+D
1
1
466000
471000
102%
21
720
$654.17
889 Bay st
1006
2 Bed
1
1
638000
630000
99%
10
930
$677.42
37 Grosvenor St
2403
2BED+D
1
0
612,900
600000
98%
18
885
$677.97
832 Bay St.
5003
2BED+D
1
1
799000
780000
98%
41
950
$821.05
*Source: Toronto MLS 2014,condos.ca
PROJECT DETAILS
Teahouse Condo is a mixed-use building with 2 towers of 52 and 23 storeys. There will be 776 proposed residential units with retail space in ground level. It will have 5 levels of above grade parking spaces include approximately 235 vehicle parking spaces and 776 bicycle parking spaces. Indoor amenities will be located between the two towers on the 6th & 7th floors .
Bachelor Units
2%
3 Bedroom Units
10%
2 Bedroom Units
23%
1 Bedroom Units
65%
Project Name:
TeaHouse at 501 Yonge Street
Developer:
Lanterra Developments
Architect:
Architects Alliance
Building Type:
Condominium
Address:
501 Yonge Street,Toronto
Buildings:
2 Towers
Storeys:
52 storeys and 23 storeys
Units:
776 units
Luxury Amenities
Here in this spectacular two-level common space – connected by a central spiral staircase – residents will enjoy access to a host of impressive amenities. An elaborate fitness facility equipped with cardio machines, lifting weights and other equipment will allow you to stay fit and active without leaving the building. Personal training rooms will make it easy to hold one-on-one workout sessions with your trainer. While a yoga studio will provide space for a variety of other healthy activities.
Teahouse Condos Amazing View
Like the day and the night, or the yin and yang, everything about your life at TeaHouse Condos exists in harmony. Here, home is both your respite from the world. And your window to the world. Close your door behind you and turn the world away. Orgaze out at your magnificent view, and get ready to greet the day.
As density increasingly comes to define life in the city, maximizing space becomes all the more important – for both our lifestyle and the value of our homes. TeaHouse Condos invokes what residents in many dense Asian cities have long mastered: the efficient and creative use of space. Every floorplan in TeaHouse Condos has been meticulously designed to offer truly liveable spaces, with smart storage solutions, considered layouts and no wasted square footage.
PLATINUM VIP ACCESS TO TEAHOUSE CONDOS
REGISTER FOR FLOOR PLANS AND PRICE LIST
PLEASE NOTE: This Platinum Access is NOT open to general realtors and registrants under buyer agency contract with a Realtor.
By REGISTER BELOW, you will have the FIRST ACCESS, buying with the lowest price*and receiving the Platinum VIP Broker Promotions, first to choose your units, long before general agents and the public opening.
*referrer to builder’s current price list, Please ask Mark Li for details
CONTACT US
Mark Li (Sales Representative) is an Official Approved Top Agent of LANTERRA Development, has the exclusive Platinum VIP access to Teahouse Condos, First Access to the Best Units with Privileged Incentives! Guaranteed lowest price*!
Plus All properties bought from Mark Li will eligible for 1 year free rental services
Mark Li (Sales Representative) is independent Realtor with CENTURY 21 Leading Edge Realty Inc., Brokerage in Toronto. He specialize in pre-construction homes and through his developer relationships have access to INSIDER SALES & TRUE UNIT ALLOCATION in advance of the general Realtor and the general public.