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For LeaseCondo Apartment

501 Yonge Street, Unit 5212

$5,000/mo
3 Bed2 Bath903 sqft$5.54/sq ft32d on market
Teahouse CondosbyLanterra Developments
MLS# C13425210Bay Street Corridor, Toronto · M4Y 1Y4
Bedrooms
3 Bed
Bathrooms
2 Bath
Size
903 sq ftMLS: 900-999
Parking
None
Locker
None

Floor Plan

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About This Listing

Perched among the highest southwest-facing 3-bedroom suites at Teahouse Condos, this bright corner residence offers sweeping panoramic views of Torontos dynamic skyline from two expansive balconies. Ideally located in the heart of downtown, youre just steps to Bloor-Yorkville, the Eaton Centre, University of Toronto, and both subway lines, surrounded by an unbeatable array of shops, dining, patios, and cultural landmarks.Residents of Teahouse enjoy access to an exceptional two-storey amenity space designed for luxury and relaxation. Standout features include a fully equipped fitness centre, private training and yoga studios, a pet spa, a cozy fireplace lounge, an outdoor pool with sun deck, BBQ areas, a tranquil zen garden, and an elegant dining room with a catering kitchen. The crown jewel: a Japanese-inspired Onsen retreat with four pools at varying temperatures, thoughtfully crafted to soothe and rejuvenate body and mind.

Amenities

ConciergeGymIndoor PoolOutdoor PoolRooftop Deck/GardenVisitor Parking
Monthly Mortgage (P&I)$22
Property Tax (est.)$3
Maintenance Fees$0
Total Monthly Cost$24

Down payment: $1,000 (20.0%) · Mortgage: $4,000

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

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Property Details

MLS NumberC13425210
Property TypeCondo Apartment
StyleApartment
Listing TypeFor Lease
StatusActive
Bedrooms3 Bed
Bathrooms2
Size900-999 sq ft
Verified Size903 sq ft
ExposureSouth West
Parking Spaces0
Parking TypeUnderground
LockerNone
Days on Market32
Listed2026-06-10
CommunityBay Street Corridor
MunicipalityToronto
Cross StreetYonge St & Alexander St
Teahouse Condos

Teahouse Condos

Red Bricks Data

by Lanterra Developments · 501 Yonge Street

52 Storeys960 SuitesCompleteWalk 99Transit 100

Maint. Fees

0.58

Occupancy

2021

Live MLSFor Sale: 8 · $1049/sqftFor Rent: 14 · $5.04/sqft
Teahouse will ultimately consist of two residential buildings and ground floor retail. The moment you enter the lobby a sense of calmness envelopes you. The beautiful lines, the muted lighting and the elegant natural materials allow you to leave the world behind you and relax.Perhaps you will stop and enter the Tea Room, where you might lounge a while to refresh before you ascent to your suite.The amenities designed by Munge Leung include an outdoor pool, an indoor Onsen Pool which features a set of four separate pools at different water temperatures, all designed to soothe your body. Reland in the Rock lounge after a workout in the fitness centre or yoga room.Invite guests and entertain in the party room with formal dining and indoor and outdoor lounging space with barbeque area or perhaps watch a sporting event in the theatre room. The 24 hour concierge is always available to assist you.
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Data last updated: August 23, 2026 at 06:27 a.m.