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    Toronto / Downtown / Church - Toronto

    5102 - 197 Yonge St

    For SaleThe Massey Tower
    $999,000
    2 Beds
    2 Bath
    1 Parking
    881 SQFT
    53 Days on Strata
    Est Sell Timeframe
    19 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,044/mth
    Taxes:
    $3,971 (2023)
    Cost Per Sqft:
    $1,134/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Walkout To Balcony
    15.68 x 21.49ft
    Dining
    Hardwood Floor, Combined with Living, Walkout To Balcony
    15.68 x 21.49ft
    Kitchen
    Built-in Appliances, Open Concept, Centre Island
    18.31 x 12.11ft

    About this Listing

    Breathtaking Views in Toronto's Iconic Massey TowerExperience luxurious downtown living in this nearly new 2-bedroom, 2-bathroom condo at the renowned Massey Tower, offering sweeping, unobstructed views of the Toronto skyline and Lake Ontario. Just under 5 years old, this unit features stunning floor-to-ceiling windows, elegant hardwood flooring, and smooth ceilings throughout. The chef-inspired kitchen boasts modern built-in appliances, perfect for cooking and entertaining.Key Features:2 Spacious Bedrooms & 2 Full WashroomsGorgeous Hardwood FloorsFloor-to-Ceiling Windows with Clear City & Lake ViewsBeautiful Kitchen w/ Premium Built-In Appliances1 Parking Space & 1 Locker IncludedLocated steps from the Eaton Centre (30-second walk), Dundas Square, and the Yonge subway station. Just minutes from Toronto Metropolitan University (Ryerson) and St. Michael's Hospital, making this location unbeatable.Don't miss the opportunity to live in one of Toronto's most prestigious addresses

    ExtrasAll Existing Appliances, ELF's, Washroom Mirrors. Located In A Very Convenient Location of-Toronto Accessible To Local Transit (No Car Required). Close To Financial District & Restaurants. Must See

    re/max real estate centre inc.MLS® #C9305897

    Amenities

    Security System
    Guest Suites
    Rooftop Deck
    Sauna
    Media Room
    Gym Room

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,008
    Average Individual Income
    $65,836
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $109,948
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    22%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    10%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Urdu
    1%
    Tamil
    1%
    Education
    University and Above
    39%
    High School
    22%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    The Massey Tower vs The Church - Toronto Area

    Building Trends At The Massey Tower

    Days on Strata

    Units at The Massey Tower spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Church - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.2
    YEARS before being sold again

    Property Value

    -26%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 77 condos in the Church - Toronto area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    183
    Units were Rented over the past twelve months

    Best Value Rank

    The Massey Tower offers the
    ?
    best value out of 77 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    The Massey Tower has the
    ?
    highest ROI out of 77 condos in the Church - Toronto neighbourhood

    Rental Yield

    The Massey Tower yields the
    ?
    highest rent prices out of 77 condos in the Church - Toronto neighbourhood

    High Demand

    The Massey Tower is the
    ?
    most popular building out of 77 condos in the Church - Toronto neighbourhood

    Transaction Insights at 197 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$432,000 - $600,000$545,000 - $639,000$598,000 - $660,000$808,000 - $901,000No Data$755,000 - $1,179,000
    Avg. Cost Per Sqft$1,448$1,036$977$978No Data$1,166
    Avg. Wait for Unit Availability58 Days31 Days41 Days123 DaysNo Data100 Days
    Ratio of Units in Building21%38%29%8%1%7%

    Transactions vs Inventory

    Total number of units listed and sold in Church - Toronto