TEAHOUSE PHASE 2 NORTH TOWER PLATINUM SALES STARTED, CALL TO RESERVE YOUR UNIT NOW !!!

TeaHouse is located at 501 Yonge Street, occupying a city block between Alexander and Maitland. Steps from two subway stations. Minutes to luxury shopping in the Bloor-Yorkville. A short walk to Eaton Centre, restaurants, patios and bustling street life. Teahouse is ideally situated to take advantage of everything the city has to offer. In close proximity to several major employment hubs, schools, hospitals, shopping districts and cultural attractions. The area is witnessing a transformational change with an influx of new businesses and residentaial life that now sees Yonge and Wellesleys as a true destination.

Deposit Structure: $2000 with offer, balance to 5% in 30 days, 5% in 90 days, 5% in 210 day, 5% in 450 days

Maintenance Fee: $0.58 per sf. + Hydro and Water

Occupancy Date: Jan. 2019

Parking: $50000

Locker: $5000

PLATINUM BONUS:

-MARBLE COUNTER IN 2ND BATHROOM

-LAMINATE WOOD FLOORS IN BEDROOM

-FREE MODULE UNIT (DEN OR DINING OR BED MODULE)

-FREE ASSIGNMENT

-EXTENDED DEPOSIT

-FREE AIR MILES

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.

Welcome to harmonious living. Welcome to TeaHouse.

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 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.

Teahouse is a master stroke of artistry and ingenuity. Featuring two distinct residential towers of 52 storeys and 25 storeys, perched atop an elegant podium, the building will animate the streets cape with a refined and considered presence – one that respects the heritage of itssurrounding environment while confidently setting itself apart.

501 Yonge Street is an interesting property as it doesn't really fit in architecturally with the rest of the Yonge Street retail strip.This building is newer than the rest due to the fact that it is built over where the Yonge subway veers away from Yonge as it heads north to Bloor. The previous retail was demolished in the 1950s for the subway construction, and this strip was rebuilt years after subway construction was done. The purchase includes the retail along Yonge Street along with the parking in the back.

For 'green' eco-friendly commuters, the property has plans for 940 bicycle spaces with direct access to the Bloor/Yonge subway, nearby.

The area is convenient to local Yonge Street shops and restaurants as well as the thriving Chrch Street and Bloor Street communities.

PREREGISTER NOW AND GET FIRST IN LINE ACCESS, UPDATES AND INCENTIVES!