197 Yonge St 1201
Church-Yonge Corridor, Downtown Toronto, M5B 0C1
FOR SALE
$499,000
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Property Description
Welcome to the renowned Massey Tower, a combination of historic & modern luxurious design building located in the heart of the City! Bright & spacious, open concept layout, stunning 1 bedroom sun filled suite, modern kitchen, 9 ft ceiling, steps To Queen Subway Station, Eaton Centre, Dundas Square, U Of Ryerson, entertainment, shopping & more! Building amenities include party/meeting room, gym, outdoor patio, lounge, guest suites, roof garden, concierge! Perfect home for young professionals!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-28 | 2024-04-24 | 27 | $618,000 | - | Terminated |
| 2024-02-07 | 2024-03-28 | 50 | $629,000 | - | Terminated |
| 2022-07-15 | 2022-07-18 | 3 | $2,250 | $2,250 | Leased |
| 2021-06-13 | 2021-07-06 | 23 | $1,850 | $1,850 | Leased |
| 2021-06-02 | 2021-06-21 | 19 | $688,000 | - | Terminated |
Extras
Status certificate available upon requested.
Nearby Intersections
Yonge & Queen (41)
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,532 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.60' x 19.91' | Open Concept, Laminate, Combined W/Dining |
| Prim Bdrm | Flat | 9.25' x 9.58' | Window, Laminate, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 1201 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $100,875 (16.8%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Hc Realty Group Inc.
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