197 Yonge St 1414

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197 Yonge St 1414, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C8081820
MLSID
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Property Description
Walk through the spectacular historic bank facade into The Massey Tower By MOD developments. This 1 bed + Den/office is the perfect started condo/investment, conveniently located in the Heart of Downtown Toronto. Featuring A Modern Kitchen With High-End Built-In Appliances + Ensuite Stacked Washer/Dryer. Large Master Bedroom With a Window into the Den with allow for exceptional light in every room. Floor to ceiling windows overlook the Eaton Centre, just steps from the Yonge subway line and Toronto Metropolitan University. 3 owned lockers included!
Extras
5-star amenities include: 2 concierges, lounge, exercise room, steam room, sauna, rain room, juice bar, piano lounge, guest suites and so much more! Steps from the path, ttc and financial district. 100 walk score and 100 transit score!
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,604 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat9.84' x 13.12'Open Concept, Combined W/Dining, Laminate
DiningFlat9.84' x 10.83'Open Concept, Combined W/Living, Laminate
KitchenFlat9.84' x 10.83'Open Concept, Combined W/Living, Laminate
DenFlat4.27' x 8.53'Window Flr To Ceil, Laminate
Prim BdrmFlat8.20' x 11.48'Window, Closet, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 1414 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $46,824 (7.8%) higher than the average sold price of $602,176 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $757 (0.1%) compared to the previous 30 day period (February 28 - March 28) and down $25,718 (4.1%) from the same time one year ago.
Inventory Change
There were 1,665 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 29 - April 27), which is up 16.7% compared with the previous 30 day period (February 28 - March 28) and up 53.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,788) (1.3%) below asking price over the last 30 days (March 29 - April 27), which represents a $3,050 increase compared to the previous 30 day period (February 28 - March 28) and ($2,428) 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 (March 29 - April 27) stood at 39.1%, down from 45.4% over the previous 30 days (February 28 - March 28) and down from 76.4% 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 27 days when successfully sold over the last 30 days (March 29 - April 27), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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