$399,000
For sale: Apartment

Welcome to Teahouse Condos at 18 Maitland Terrace, where contemporary urban living meets exceptional convenience in the heart of downtown Toronto! Tucked away on a quieter street just steps from Yonge Street and Wellesley Subway Station, this sought-after residence offers an outstanding opportunity to enjoy the very best of the Church-Yonge Corridor. This bright, east-facing one-bedroom suite features 435 sq. ft. of thoughtfully designed interior living space, 9-foot ceilings, floor-to-ceiling windows and an open-concept living, dining and kitchen area with modern cabinetry, granite countertops and stainless-steel appliances. The showpiece is an exceptionally spacious private terrace that transforms this downtown condo into an indoor-outdoor retreat during the warmer months, offering remarkable additional space for dining, entertaining and relaxing. The bedroom features floor-to-ceiling windows and generous closet space, while ensuite laundry adds everyday convenience. Experience resort-inspired living with an impressive collection of building amenities, including 24-hour concierge, fitness centre, yoga studio, outdoor pool, indoor spa, theatre room, party lounge, BBQ terrace and visitor parking. Step outside and discover an incredible selection of restaurants, cafés, shops, nightlife and everyday essentials along Yonge Street, with Loblaws, College Park and the Eaton Centre nearby. Enjoy easy access to the University of Toronto, Toronto Metropolitan University, Toronto General Hospital, Queen's Park, the Financial District and the boutiques and restaurants of Bloor-Yorkville. With exceptionally low maintenance fees and an unbeatable central location, this is an outstanding opportunity for first-time buyers, urban professionals and investors seeking a vibrant, connected downtown Toronto lifestyle.
Sold data
Homes in Church Yonge Corridor took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 51, across 151 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $598,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 151 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Church-Yonge Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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