Resale

Teahouse Condos

Sold Out Feb 2023

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$1,375/sq.ft.

Teahouse Condos Price History

$1,375/sq.ft.
***** *****
since launch
as of April 09, 2024

Studio

N/A $0/ft *****

1 Bed

Sold Out $655/ft Last Price・Jun 2015 *****

1 Bed + Den

Sold Out $759/ft Last Price・Aug 2015  +$9  (+1.2%) Since Launch

2 Bed

Sold Out $674/ft Last Price・Jun 2016  +$3  (+0.4%) Since Launch

3 Bed

Sold Out $1,375/ft Last Price・Feb 2023  +$707  (+105.8%) Since Launch
Price Change ALL Last 1 W 1 M 3 M 1 Y 2 Y 3 Y
Studio 1 bed 2 bed 3 bed

All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.

Teahouse Condos is a new condominium development by Lanterra Developments currently under construction located at 501 Yonge Street, Toronto in the Church & Wellesley neighbourhood with a 99/100 walk score and a 100/100 transit score. Teahouse Condos is designed by architectsAlliance. Development is scheduled to be completed in 2021. The project is 52 storeys tall (174.0m, 571.0ft) and has a total of 960 suites ranging from 375 sq.ft to 1728 sq.ft. Teahouse Condos is the # tallest condominium in and the # tallest condominium in .

Developers

Lanterra Developments View All Developments
36
Total Developments
7
Pre Construction
8
Under Construction
21
Complete

About Lanterra Developments

Lanterra Developments: Shaping Toronto's Skyline with Visionary Architecture and Design

Lanterra Developments, a prominent name in the Toronto real estate scene, has been transforming the city's skyline since its inception in 1999. Formed by the visionary duo, Mark Mandelbaum and Barry Fenton, Lanterra Developments is known for its commitment to creating landmark condominium communities characterized by outstanding location, iconic architecture, and superb amenities. Here's a comprehensive overview of Lanterra Developments, highlighting the key facets of the company, its landmark developments, and the distinct attributes that set it apart in the industry.

Lanterra Developments at a Glance

  • Foundation and Legacy: Lanterra Developments was established in 1999 by Mark Mandelbaum and Barry Fenton, both bringing a rich background in law and real estate to the table. Their combined vision and expertise have propelled Lanterra to the forefront of the Toronto real estate market.
  • Scope of Operations: Lanterra Developments has been crafting iconic communities for over two decades, building approximately 15,000 condo units across the Greater Toronto Area.
  • Core Values: The company operates on the principles of innovation, teamwork, integrity, respect, creativity, and responsibility, values that are evident in every project they undertake.

Key Highlights of Lanterra Developments' Projects

  • Innovative Approach: Lanterra Developments has been instrumental in anticipating and responding to the dramatic shift in Toronto’s housing needs. Their focus on master-planned communities, stunning design, and sustainable technologies is guiding Toronto towards becoming a global urban hub.
  • Notable Projects: Lanterra's portfolio boasts several high-profile developments, including Maple Leaf Square, ICE Condominiums at York Centre, WaterPark City, The Britt, and TeaHouse Condominiums. Each project is a testament to the company's commitment to quality, luxury, and innovation.
  • Ongoing Projects: Lanterra continues to shape Toronto's skyline with projects like Artists’ Alley, Rodeo Drive Condominiums, and Notting Hill Condominiums. These developments are not just about providing residential spaces but about creating vibrant, inclusive communities.

Lanterra's Commitment to Design and Sustainability

  • Design Excellence: Lanterra Developments places a strong emphasis on the architecture and design of its projects, ensuring that each development is not only aesthetically pleasing but also functional and sustainable.
  • Sustainable Practices: The company is dedicated to incorporating sustainable technologies and environmentally sound principles in its buildings, aligning with the global movement towards green and sustainable living.

Customer Reviews and Testimonials

Lanterra Developments' dedication to innovation, quality, and customer satisfaction is consistently reflected in the positive feedback from residents and industry professionals. The company's focus on creating not just homes but comprehensive lifestyle environments resonates deeply with those who choose Lanterra Developments as their homebuilder.

Neighbourhoods

Church & Wellesley Neighbourhood in Toronto

Development Status

View on Map
70
Total Developments
22
Pre Construction
4
Under Construction
44
Complete

About Church & Wellesley

Church and Wellesley: Toronto’s Vibrant and Welcoming Neighborhood

Church and Wellesley, often referred to as “The Village,” is celebrated as a vibrant and inclusive neighborhood in the heart of Toronto. Known for its strong roots as Toronto’s original LGBTQ+ community, it’s a place where diversity thrives and everyone is welcome. With its prime downtown location, this neighborhood offers a blend of rich history, modern amenities, and a dynamic community spirit. Here’s a deep dive into what makes Church and Wellesley a unique and beloved part of Toronto.

Why People Love Church and Wellesley

  1. Cultural Hub: As Canada’s largest gay village, Church and Wellesley is renowned for its inclusivity and strong community spirit. The neighborhood hosts Toronto’s Pride Parade, one of the largest and most vibrant in the world.
  2. Diverse Dining and Entertainment: The area boasts a variety of restaurants, patios, shops, and pubs, creating a village-like atmosphere. From intimate dining experiences to vibrant nightlife, there’s something for everyone.
  3. Convenient Location: Situated in central downtown Toronto, the neighborhood is highly accessible with a transit score of 97/100 and a walk score of 98/100. It’s close to major amenities, shopping malls, and the downtown core.
  4. Historic Charm and Modern Living: Church and Wellesley features a mix of historic Victorian and Edwardian homes alongside modern high-rise condos and upscale townhouses, offering a range of living options for every lifestyle.

Real Estate in Church and Wellesley: A Blend of History and Modernity

  • Historic Homes: The neighborhood is dotted with historic Victorian and Edwardian houses, adding a charming architectural dimension to the area.
  • Modern Condominiums: Church and Wellesley offers a range of condominium options for those seeking a modern urban lifestyle. Notable developments include 8 Cumberland Condos, EightyOne Wellesley, and 50 at Wellesley Station Condos, each offering luxurious amenities and prime locations.
  • Growing Residential Market: With its central location and vibrant community, the neighborhood has experienced significant residential growth, making it a sought-after area for both living and investment.

Local Amenities and Lifestyle

  • LGBTQ+ Cultural Events: The neighborhood is famous for hosting Toronto’s Pride Week, a colorful and lively celebration of diversity and community.
  • Walkability and Transit: With its high walk and transit scores, residents can easily access the best of Toronto, from shopping and dining to entertainment and outdoor spaces.
  • Educational Institutions: The area is close to major universities like the University of Toronto and Ryerson University, making it a convenient location for students and academic professionals.
  • Recreational Spaces: Church and Wellesley is close to several parks and green spaces, including Trinity Bellwoods Park and various parkettes, providing residents with places to relax and enjoy outdoor activities.

Church and Wellesley is a thriving community known for its inclusivity, rich cultural heritage, and vibrant urban lifestyle. Whether you’re drawn to its historic charm, modern living spaces, or dynamic social scene, this neighborhood offers a unique and welcoming atmosphere in the heart of Toronto. With a range of amenities, easy access to the city’s best attractions, and a strong sense of community, Church and Wellesley continues to be a cherished destination for both residents and visitors alike.

Key Information

Location
Completion
2021
Sales Status
Resale
Development Status
Under Construction
Building Type
Condo
Price Range
-
Suite Sizes
375 sq.ft to
1728 sq.ft
Avg. Price (/ft)
-
Parking Price
Included (1)
Locker Price
Included (1)
Mt. Fees (/ft)
$0.58
Deposit Structure

(20% + 5000%)

$5,000.00 On Signing

Balance to 5% - 30 days

5% - 90 days

5% - 210 days

5% - 365 days

$5,000.00 - Occupancy

Teahouse Condos is a pre-construction condominium project located in Toronto's Downtown Core at Yonge & College. The condominium is a mixed use tower developed by Lanterra Developments.

The tower and amenities celebrate Asian design and architecture, featuring natural material, clean lines and emphasis on symmetry and precise proportions.

The project features two distinct towers at 52 and 25 storeys rising above a shared podium that will connect the towers to the street.

Teahouse Condos Project Details

-Located in the heart of Downtown Toronto at Yonge & College
-Two towers standing 52 and 25 storeys connected by a large podium that anchors the towers to the street
-960 suites (combined two towers) with suites ranging from studios to 3 bedrooms
-Unique Asian inspired amenities such as a Tea Room, Koi Ponds, a Tranquil Rock Lounge, Zen Gardens, Yoga Room, Onsen Pool and an outdoor Swimming Pool.

Teahouse Condos: The Developers

-Developed by Lanterra Developments - one of Toronto's leading builders
-Award winning developer
-Projects include ICE Condominiums, Maple Leaf Square, One Bedford, The Britt, Murano, Wellesley on the Park and much more (browse all condos by Lanterra)
-Architecture by architectsAlliance
-Interiors by Munge Leung
-Landscaping by Nak Design Strategies

Teahouse Condos: The Location

-Has a prestigious Yonge Street Address (501 Yonge) at Yonge & College in Toronto's Downtown Core
-Near perfect 99/100 WalkScore, a Walker's Paradise
-Major nearby amenities include:
Hospital District with 5 major hospitals including Toronto General and SickKids
Steps to TWO Universities (Ryerson University and University of Toronto)
One block to Yorkville and luxurious shopping along Bloor Street
-Short subway ride to the Financial District
-Perfect 100/100 TransitScore
-Steps to 2 Subway Stations (College and Wellesley)
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.
Teahouse is located at 501 Yonge Street, occupying a city block between Alexander and Maitland. Steps from two subway stations, minutes to luxury shopping at Bloor-Yorkville, a short walk to Eaton Centre, restaurants, patios and bustling street life.

Suites feature Laminate Flooring, Porcelain or Marble in washrooms and Munge Leung-designed kitchens with granite countertops, ceramic tile backsplash and stainless steel appliances.

Additional Information

Walk Score
99 / 100
Transit Score
100 / 100
Architect
Interior Designer
-
Sales & Marketing Company
-
Count
52 Floors
960 Suites
Height (M)
174.0 m
Height (Ft)
571.0 ft
Data last updated: April 9th, 2024

Activity

All
Price change
Floor Plan Sold Out
Sales Status
February 18, 2024 9:48pm Sales Status changed to Resale
February 18, 2024 9:17pm Floor Plan Sold Out
Hong Kong (1728sqft)
Price: $2,375,900
February 18, 2024 9:17pm Floor Plan Sold Out
Puning (1502sqft)
Price: $2,065,900
February 18, 2024 9:17pm Floor Plan Sold Out
Laos (1501sqft)
Price: $2,063,900
January 04, 2023 5:11am Price Change
Bergamot (913sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Imperial (903sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Emerald (808sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Blossom (737sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Orchid (590sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Pure (560sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Pearl (524sqft)
New Price: *****
Total Floor Plans
17 (0 Available)
Price Range
Avg. Price per Foot
-
RESET
Sold Out
Lily Floor Plan at Teahouse Condos - 375 sq.ft
0 Bed 1 Bath
375 sq.ft
North
18-52
Sold Out
Sold Out
Mate Floor Plan at Teahouse Condos - 435 sq.ft
1 Bed 1 Bath
435 sq.ft
East
25-52
Sold Out
Sold Out
Crimson Floor Plan at Teahouse Condos - 476 sq.ft
1.5 Bed 1 Bath
476 sq.ft
East
8-52
Sold Out
Sold Out
Jasmine Floor Plan at Teahouse Condos - 497 sq.ft
1.5 Bed 1 Bath
497 sq.ft
North
8-52
Sold Out
Sold Out
Pearl Floor Plan at Teahouse Condos - 524 sq.ft
1.5 Bed 1 Bath
524 sq.ft
West
8-52
Sold Out
Sold Out
Jade Floor Plan at Teahouse Condos - 536 sq.ft
1.5 Bed 1 Bath
536 sq.ft
South
8-52
Sold Out
Sold Out
Rose Floor Plan at Teahouse Condos - 546 sq.ft
1.5 Bed 1 Bath
546 sq.ft
South
8-52
Sold Out
Sold Out
Pure Floor Plan at Teahouse Condos - 560 sq.ft
1 Bed 1 Bath
560 sq.ft
West
8-52
Sold Out
Sold Out
Orchid Floor Plan at Teahouse Condos - 590 sq.ft
1.5 Bed 1 Bath
590 sq.ft
East
8-52
Sold Out
Sold Out
Blossom Floor Plan at Teahouse Condos - 737 sq.ft
2.5 Bed 2 Bath
737 sq.ft
North West
8-52
Sold Out
Sold Out
Royal Floor Plan at Teahouse Condos - 796 sq.ft
2.5 Bed 2 Bath
796 sq.ft
North East
25-52
Sold Out
Sold Out
Emerald Floor Plan at Teahouse Condos - 808 sq.ft
2 Bed 2 Bath
808 sq.ft
South East
8-52
Sold Out
Sold Out
Imperial Floor Plan at Teahouse Condos - 903 sq.ft
2.5 Bed 2 Bath
903 sq.ft
South West
8-52
Sold Out
Sold Out
Bergamot Floor Plan at Teahouse Condos - 913 sq.ft
3.5 Bed 2 Bath
913 sq.ft
North East
8-24
Sold Out
Sold Out
Laos Floor Plan at Teahouse Condos - 1501 sq.ft
3 Bed 3 Bath
1501 sq.ft
West
4-5
Sold Out
Sold Out
Puning Floor Plan at Teahouse Condos - 1502 sq.ft
3 Bed 3 Bath
1502 sq.ft
West
4-5
Sold Out
Sold Out
Hong Kong Floor Plan at Teahouse Condos - 1728 sq.ft
3 Bed 3 Bath
1728 sq.ft
West
4-5
Sold Out

All prices, availability, figures and materials are preliminary and are subject to change without notice. E&OE 2024
Floor Premiums apply, please speak to sales representative for further information.

Launch Price/ft
*****
Current Price/ft
$1,375 /ft
Change from Launch
*****

$1,375/sq.ft.

Before occupancy

$5,000 On Signing, Balance to 5% (30 Days) 5% (90 Days) 5% (210 Days) 5% (365 Days) $5,000 (Occupancy)

Teahouse Condos,

add
remove

Teahouse Condos Activity

All
Price change
Floor Plan Sold Out
Sales Status
February 18, 2024 9:48pm Sales Status changed to Resale
February 18, 2024 9:17pm Floor Plan Sold Out
Hong Kong (1728sqft)
Price: $2,375,900
February 18, 2024 9:17pm Floor Plan Sold Out
Puning (1502sqft)
Price: $2,065,900
February 18, 2024 9:17pm Floor Plan Sold Out
Laos (1501sqft)
Price: $2,063,900
January 04, 2023 5:11am Price Change
Bergamot (913sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Imperial (903sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Emerald (808sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Blossom (737sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Orchid (590sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Pure (560sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Pearl (524sqft)
New Price: *****

Contact TalkCondo Agent

"*" indicates required fields

Activity

All
Price change
Floor Plan Sold Out
Sales Status
February 18, 2024 9:48pm Sales Status changed to Resale
February 18, 2024 9:17pm Floor Plan Sold Out
Hong Kong (1728sqft)
Price: $2,375,900
February 18, 2024 9:17pm Floor Plan Sold Out
Puning (1502sqft)
Price: $2,065,900
February 18, 2024 9:17pm Floor Plan Sold Out
Laos (1501sqft)
Price: $2,063,900
January 04, 2023 5:11am Price Change
Bergamot (913sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Imperial (903sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Emerald (808sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Blossom (737sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Orchid (590sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Pure (560sqft)
New Price: *****
January 04, 2023 5:11am Price Change
Pearl (524sqft)
New Price: *****

Key Information

Location
Completion
2021
Sales Status
Resale
Development Status
Under Construction
Building Type
Condo
Price Range
-
Suite Sizes
375 sq.ft to
1728 sq.ft
Avg. Price (/ft)
-
Parking Price
Included (1)
Locker Price
Included (1)
Mt. Fees (/ft)
$0.58
Deposit Structure

(20% + 5000%)

$5,000.00 On Signing

Balance to 5% - 30 days

5% - 90 days

5% - 210 days

5% - 365 days

$5,000.00 - Occupancy

Teahouse Condos is a pre-construction condominium project located in Toronto's Downtown Core at Yonge & College. The condominium is a mixed use tower developed by Lanterra Developments.

The tower and amenities celebrate Asian design and architecture, featuring natural material, clean lines and emphasis on symmetry and precise proportions.

The project features two distinct towers at 52 and 25 storeys rising above a shared podium that will connect the towers to the street.

Teahouse Condos Project Details

-Located in the heart of Downtown Toronto at Yonge & College
-Two towers standing 52 and 25 storeys connected by a large podium that anchors the towers to the street
-960 suites (combined two towers) with suites ranging from studios to 3 bedrooms
-Unique Asian inspired amenities such as a Tea Room, Koi Ponds, a Tranquil Rock Lounge, Zen Gardens, Yoga Room, Onsen Pool and an outdoor Swimming Pool.

Teahouse Condos: The Developers

-Developed by Lanterra Developments - one of Toronto's leading builders
-Award winning developer
-Projects include ICE Condominiums, Maple Leaf Square, One Bedford, The Britt, Murano, Wellesley on the Park and much more (browse all condos by Lanterra)
-Architecture by architectsAlliance
-Interiors by Munge Leung
-Landscaping by Nak Design Strategies

Teahouse Condos: The Location

-Has a prestigious Yonge Street Address (501 Yonge) at Yonge & College in Toronto's Downtown Core
-Near perfect 99/100 WalkScore, a Walker's Paradise
-Major nearby amenities include:
Hospital District with 5 major hospitals including Toronto General and SickKids
Steps to TWO Universities (Ryerson University and University of Toronto)
One block to Yorkville and luxurious shopping along Bloor Street
-Short subway ride to the Financial District
-Perfect 100/100 TransitScore
-Steps to 2 Subway Stations (College and Wellesley)
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.
Teahouse is located at 501 Yonge Street, occupying a city block between Alexander and Maitland. Steps from two subway stations, minutes to luxury shopping at Bloor-Yorkville, a short walk to Eaton Centre, restaurants, patios and bustling street life.

Suites feature Laminate Flooring, Porcelain or Marble in washrooms and Munge Leung-designed kitchens with granite countertops, ceramic tile backsplash and stainless steel appliances.

Additional Information

Walk Score
99 / 100
Transit Score
100 / 100
Architect
Interior Designer
-
Sales & Marketing Company
-
Count
52 Floors
960 Suites
Height (M)
174.0 m
Height (Ft)
571.0 ft
Data last updated: April 9th, 2024