197 Yonge St 1204
Church-Yonge Corridor, Downtown Toronto, M5B 1M4
FOR SALE
$499,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Sun filled 1-bedroom unit in The Massey Tower with 9' ceilings. 559sq.ft. Plus balcony. Functional layout, large balcony. Kitchen features contemporary European paneled appliances and quartz countertops. Convenient kitchen island with B/I dining table and extra storage. Windows equipped with roller blinds. 2 lockers. Across the street from Eaton Centre and steps to subway and neighborhoods including Financial District and Ryerson (TMU).
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-08 | 2024-09-12 | 35 | $2,200 | - | Terminated |
| 2024-07-23 | 2024-09-11 | 50 | $535,000 | - | Terminated |
| 2024-07-03 | 2024-07-23 | 20 | $539,000 | - | Terminated |
| 2024-01-09 | 2024-05-01 | 113 | $649,000 | - | Terminated |
| 2023-08-14 | 2023-09-12 | 29 | $688,000 | - | Terminated |
| 2019-06-12 | 2019-07-06 | 24 | $2,200 | $2,000 | Leased |
Nearby Intersections
Yonge & Queen (36)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,698 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 1204 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $70,733 (12.4%) lower than the average sold price of $569,733 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $110 (0.0%) compared to the previous 30 day period (October 3 - November 1) and down $19,002 (3.2%) from the same time one year ago.Inventory Change
There were 1,195 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 2 - December 1), which is down 0.3% compared with the previous 30 day period (October 3 - November 1) and down 0.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,472) (1.8%) below asking price over the last 30 days (November 2 - December 1), which represents a $2,607 increase compared to the previous 30 day period (October 3 - November 1) and ($15,459) more 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 (November 2 - December 1) stood at 47.0%, down from 49.5% over the previous 30 days (October 3 - November 1) and up from 36.8% 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 31 days when successfully sold over the last 30 days (November 2 - December 1), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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