Teahouse Condos Phase 2 — Toronto Pre-Construction
Teahouse Condos Phase 2 is a resale pre-construction condos development by Lanterra Developments in Toronto's Church & Wellesley. Get pricing, floor pl…
Teahouse Condos Phase 2 Quick Facts
| Project Name | Teahouse Condos Phase 2 |
|---|---|
| Developer | Lanterra Developments |
| Address | 501 Yonge Street |
| City | Toronto |
| Neighbourhood | Church & Wellesley |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 22 |
| Suite Sizes | 386 – 823 sq ft |
| Pricing | Register for pricing |
| Maintenance Fees | $1 / sq ft / month |
| Locker | $5,000 |
| Occupancy | 2018-01-01 |
| Walk Score | 99 |
| Transit Score | 100 |
About Teahouse Condos Phase 2 in Toronto
Teahouse Condos Phase 2 is a completed condominium development by Lanterra Developments at 501 Yonge Street in the Church & Wellesley neighbourhood of Toronto. The project is 22 storeys tall. Architecture is by architectsAlliance. Teahouse Condos Phase 2 was completed in 2018. Suites range from 386 to 823 sq. ft. The location has a Walk Score of 99 and a Transit Score of 100.
Key Highlights of Teahouse Condos Phase 2
Teahouse Condos Phase 2 is the second tower the Teahouse Condos project. The tower will stand 25 Storeys and connect to the larger, 52 storey tower by the podium.
The project is developed by Lanterra Developments and is located in Toronto's Downtown Core, at Yonge & College.
Teahouse Condos Project Details
-Located in Toronto's Downtown Core, at Yonge & College
-2nd Phase stands 25 storeys and features suites ranging from 309 sq.ft. (studios) to 823 sq.ft. (3 bedrooms)
-Prices start from just $199,900
-Asian inspired design and amenities
Teahouse Condos: The Developer
-By Lanterra Developments, one of Toronto's most popular developers
-Same developer as projects such as Maple Leaf Square, ICE Condos, Wellesley on the Park and much more (browse all condos by Lanterra)
-Architecture and design by architectsAlliance
-Interiors by Munge Leung
Teahouse Condos: The Location
-Prestigious Yonge Street Address (501 Yonge Street), located on Yonge Street between College and Wellesley
-Near perfect 99/100 WalkScore
-Walking distance to the Hospital District and 5 major hospitals
-Steps to University of Toronto and Ryerson University
-One block to Yorkville and luxurious shopping on Bloor Street's Mink Mile
-A short subway ride to Toronto's Financial District
-Perfect 100/100 TransitScore
-Steps to both College and Wellesley Subway Station
Teahouse Condos Phase 2 Renderings & Gallery
Teahouse Condos Phase 2 Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| Seoul | 0 | 1 | 386 | Register for pricing | Sold Out |
| Kandi | 0 | 1 | 396 | Register for pricing | Sold Out |
| Fuling | 0 | 1 | 398 | Register for pricing | Sold Out |
| Sibu | 0 | 1 | 401 | Register for pricing | Sold Out |
| Enshi | 0 | 1 | 406 | Register for pricing | Sold Out |
| Beihai | 0 | 1 | 443 | Register for pricing | Sold Out |
| Saki | 0 | 1 | 489 | Register for pricing | Sold Out |
| Tak | 1 | 1 | 505 | Register for pricing | Sold Out |
| Shenzhen | 1 | 1 | 505 | Register for pricing | Sold Out |
| Daye | 2 | 1 | 540 | Register for pricing | Sold Out |
| Hekou | 2 | 1 | 573 | Register for pricing | Sold Out |
| Jining | 1 | 1 | 582 | Register for pricing | Sold Out |
| Yumen | 2 | 1 | 602 | Register for pricing | Sold Out |
| Saga | 2 | 1 | 615 | Register for pricing | Sold Out |
| Wanning | 2 | 1 | 637 | Register for pricing | Sold Out |
| Baku | 2 | 1 | 702 | Register for pricing | Sold Out |
| Andong | 3 | 1 | 761 | Register for pricing | Sold Out |
| Shanghai | 3 | 2 | 811 | Register for pricing | Sold Out |
| Sapporo | 3 | 2 | 823 | Register for pricing | Sold Out |
Full Teahouse Condos Phase 2 floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the Teahouse Condos Phase 2 price list and floor plans.
Amenities & Finishes
- ["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. \n\nPerhaps you will stop and enter the Tea Room","where you might lounge a while to refresh before you ascent to your suite.\n\nThe 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.\n\nInvite 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."]
Location: 501 Yonge Street
Teahouse Condos Phase 2 is located at 501 Yonge Street, Toronto in the Church & Wellesley neighbourhood, Greater Toronto Area.
- Walk Score: 99/100
- Transit Score: 100/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Lanterra Developments
Teahouse Condos Phase 2 is being developed by Lanterra Developments, with architecture by architectsAlliance.
See all Lanterra Developments pre-construction projects.
How to Buy at Teahouse Condos Phase 2
- Register early. Allocation at Teahouse Condos Phase 2 in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. Deposit structures for Teahouse Condos Phase 2 are confirmed at each release and can differ for end users, investors and international buyers.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for Teahouse Condos Phase 2
Budget beyond the purchase price at Teahouse Condos Phase 2: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $1 per sq ft per month. Lockers are $5,000.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Teahouse Condos Phase 2. Confirm each in the current agreement of purchase and sale before you sign.
Teahouse Condos Phase 2 — Frequently Asked Questions
Where is Teahouse Condos Phase 2 located?
Teahouse Condos Phase 2 is located at 501 Yonge Street, Toronto in the Church & Wellesley neighbourhood.
Who is the developer of Teahouse Condos Phase 2?
Teahouse Condos Phase 2 is being developed by Lanterra Developments.
How much do units at Teahouse Condos Phase 2 cost?
Pricing for Teahouse Condos Phase 2 has not been publicly released. Registered buyers receive the price list first.
When is occupancy at Teahouse Condos Phase 2?
Estimated occupancy for Teahouse Condos Phase 2 is 2018-01-01.
How many units are in Teahouse Condos Phase 2?
Teahouse Condos Phase 2 is planned as a 22-storey condo development.
How do I get platinum or VIP access to Teahouse Condos Phase 2?
Circle Real Estate provides platinum access to Teahouse Condos Phase 2, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
Similar Pre-Construction Projects in Toronto
- 3018 Yonge Condos in Lawrence Park — Toronto
- Cascades I Condos — Toronto
- Ice Condominiums Phase 2 — Toronto
- Hillcrest on the Park Condos — Toronto
- Groove Urban Condos — Toronto
- 49 Silverstone Drive Condos — Toronto
- 155 Wychwood Avenue Condos — Toronto
- X2 Condos — Toronto
Register for Teahouse Condos Phase 2 pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-09-27. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.