Welcome To Teahouse Condos In The Heart Of Downtown Toronto. An exceptional best-value real estate opportunity in the downtown core. Rarely offered east-facing studio featuring an ultra-high 12 ft ceiling and an oversized terrace nearly equal to the interior living space, significantly enhancing usable square footage and rental appeal. Bright and sun-filled suite with floor-to-ceiling windows, laminate flooring throughout, and a highly efficient layout. Modern kitchen with built-in appliances and contemporary finishes. The combination of high ceilings, corner exposure, and expansive outdoor space makes this unit stand out among downtown studios. Highly desirable for students and working professionals. Prime location near Yonge & Wellesley, steps to Wellesley Subway Station, and within walking distance to University of Toronto, Toronto Metropolitan University, major hospitals, Financial District, and major employment hubs. Exceptional transit connectivity and consistently strong rental demand. This condo is offering excellent potential for rental income, long-term appreciation, and low vacancy in one of Toronto's most sought-after downtown neighbourhoods.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Apartment
Approx. Age:
0-5
Total Approx Floor Area:
0-499
Exposure:
East
Bedrooms:
0
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
6
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
Vacant
HST Applicable To Sale Price:
Not Subject to HST
Maintenance Fee:
$306.77
Maintenance fees include:
Common Elements Included, Water Included
Taxes:
$2,134.07 /
2025
Assessment:
$- /
-
Toronto
Toronto C08
Church-Yonge Corridor
Built-In Oven, Carpet Free, Intercom
Yes-with Restrictions
none
all built-in appliances, built-in closets, current furniture if needed
none
None
Concrete
Outdoor Pool, Gym, Concierge, Elevator, Party Room/Meeting Room
Data was last updated February 10, 2026 at 08:15 PM (UTC)
Area Statistics
Listings on market:
283
Avg list price:
$599,999
Min list price:
$325,000
Max list price:
$2,485,000
Avg days on market:
33
Min days on market:
0
Max days on market:
719
These statistics are generated based on the current listing's property type
and located in
Church-Yonge Corridor. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.