197 Yonge St 1714
Church-Yonge Corridor, Downtown Toronto, M5B 0C1
FOR SALE
$620,000
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Property Description
Nestled In The Prestigious Massey Tower At 197 Yonge Street, Unit #1714 Offers A Sophisticated Urban Lifestyle With 610 Sq Ft Of Thoughtfully Designed Space. This 1+1 Bedroom Condo Features Floor-To-Ceiling Windows, Laminated Floors, And A Sleek Open-Concept Kitchen Equipped With Built-In Appliances And High-End Finishes. Enjoy A Bright And Inviting Living Space Paired With An Unobstructed Northern View, Providing A Serene Escape Amidst The Vibrant City. Perfectly Situated In The Heart Of Downtown Toronto, You Are Just Steps From Queen Station, Eaton Centre, And Vibrant Cultural Hotspots, And Only A Short Distance From St. Michaels Hospital And Major Universities. With Access To World-Class Amenities Like A Fitness Center, Outdoor Terrace at 10th Floor, And 24-Hour Concierge, This Residence Redefines Modern City Living. Extras : Fridge, Stove, Oven, Exhaust Hood, Microwave, Built-In Dishwasher, All Existing Light Fixtures, Roller Blinds.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-03 | 2024-01-03 | 61 | $2,450 | $2,400 | Leased |
| 2021-05-28 | 2021-07-15 | 48 | $1,950 | $1,950 | Leased |
Nearby Intersections
Yonge & Queen (18)
Property Features
Clear View, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,947 (2024)
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 | 10.66' x 23.65' | Laminate, Large Window, North View |
| Dining | Flat | 10.66' x 23.65' | Laminate, Combined W/Kitchen, Centre Island |
| Kitchen | Flat | 10.66' x 23.65' | Laminate, Combined W/Dining, Open Concept |
| Prim Bdrm | Flat | 8.33' x 11.42' | Laminate, Large Closet, Window |
| Den | Flat | 4.33' x 8.60' | Laminate, Separate Rm, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 1714 is a 1-bedroom 1-bathroom condo listed for sale at $620,000, which is $62,890 (11.3%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Broadway Realty Inc.
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