Teahouse Condos | New condos at 501 Yonge Street - Yonge & College - VIP Access

 

 

88 SCOTT STREET CONDOS, 88 SCOTT S

   Neighborhood: Yonge & College Corridor

 

   Address: 501 Yonge Street, Toronto

 

   Unit Sizes: 478 sq.ft - 767 sq.ft

 

   Number Of Storeys: 54, 22

 

   Estimated Completion:  2018

 

   Developer: Lanterra Developments

 

   Price: From $ 199,999

 

   Status: VIP Sales

 


 Teahouse Condos


Vip Access

 

 



 

 

 

 

 

About Teahouse Condos (501 Yonge St)

 

Teahouse Condos is a new preconstruction condo development by Lanterra Developments located at 501 Yonge Street. (Yonge/College).
Teahouse Condos will be 2 towers consisting of 54 and 22 storeys.

 

The culture and design traditions of Asia are the inspiration for this new landmark building set to rise on Toronto's most ICONIC street. Teahouse Condos at 501 Yonge St 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.
If you enjoy upscaling living and the excitement of downtown Toronto then this is the perfect home for you. These luxurious Yonge Street Condos are being developed by the Award Winning Builders... Lanterra Developments. Teahouse Condos is being designed by the Award Winning Alliance Architects.

 



Teahouse Condos Highlights:

-Steps from 2 subway stations, the underground PATH networks and the Downtown University campuses
-5 Mins to Bloor-Yorkville luxury shopping
-Minutes to shopping and restaurants
-9 Mins walk to Eaton Centre
-Steps to the Entertainment District

-3 Acre park just one block away
-Minutes from Queen West
-Just 10 minutes from Chinatown and Kensington Market

- 5 mins walk to Canada's top hospitals


SCHOOLS:

Walking distance to the University of Toronto, Ryerson University & George Brown College
.

 

 

HUGE POTENTIAL FOR GREAT RETURN & POSITIVE CASH FLOW:

115,000 Students in the area who spend $3M annually in services

158,000 People that work and study within a 1 kilometer radius

 

 

Starting Prices From

  • STUDIO $199,900
  • ONE BEDROOM $300,900
  • ONE PLUS DEN $318,900
  • 2 BEDROOM +DEN $490,900
  • 2 BEDROOM +STUDY $542,900
  • 3 BEDROOM $609,900




 

 

 

CURRENT RENTAL RATES IN THE AREA:

BACHELOR/STUDIOS:  $1490 - $1550 per month

1 BEDROOM SUITES:   $1650 - $1750 per month

1 BEDROOM + DEN:     $2000 - $2150 per month

2 BEDROOMS:             $2600 - $2800 per month

2 BEDROOMS + DEN:    $2850 - $3050 per month
CURRENT RESALE PRICES IN THE NEIGHBORHOOD...

RANGE FROM $635 per Square Foot to $860 per Square Foot:

BACHELOR/STUDIO:            $310k - $330k for 370 to 400 sqft

1 BEDROOM:                      $410k - $475k for 500 to 600 sqft

1 BEDROOM + DEN:             $465k - $471k for 720 to 740 sqft

2 BEDROOMS with 1 PKG:     $600k to $630k for 875 to 930 sqft

2 BEDROOMS + DEN + PKG:  $650K to $750k for 870 to 950 sqft



 

 

 

 

                                                                                                    


 

Deposit Structure

 

  • $2,000 with offer Balance 5% in 30days
  • 5% in 90 days
  • 5% in 210 days
  • 5% in 365 days
  • $5000 on Occupancy

 

OCCUPANCY:
TAXES:
Approximately 1% of the purchase price

 

 

Additional Details

Maintenance
$ 0.58 per square foot
Hydro metered separately

Parking
$55,000

Storage Locker

$5000

 

 

     

 


                                          

 

 

Download My free "12 Secrets in How to Invest Better in Pre-Construction Condos in Toronto" (pdf file)

 

 

Register with us using the form below to get FREE priority access to this condo project which will save you thousands of dollars GUARANTEED!!!

AND
 

Plus Free NEW iPad (call for details)

 

 

We only collect personal information necessary to effectively market and sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers.  I/We do not sell, trade, transfer, rent or exchange your personal information with anyone.

Please enter the numbers found on the right.

                                                        OVER 10 LOCATIONS TO SERVE YOU BETTER!

 

                North York                                         Richmond Hill                       Yonge Street                  Beach Office                 Central                                 College Street                   Riverdale Office        

           685 Sheppard Ave East                 9555 Yonge Street                3434 Yonge  st            2237 Queen East            723 Mt Pleasant Rd              968 College Street               724 Pape Ave 

                                    

Not intended to solicit anyone currently under agency contract.

The Prices and availability of units are subject to change and have to be verified any time.

I assume no responsibility for the accuracy of any information shown.

I am not presenting the builder directly.

Copyright @ 2012 - Navid Sharifzadeh

Powered by Lone Wolf Real Estate Technologies (CMS6)