197 Yonge St 3114
Church-Yonge Corridor, Downtown Toronto, M5B 1M4
FOR SALE
$690,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Beautiful Bright & Spacious 1 Bedroom +Den In Prestigious New Massey Tower. Suite Features Smooth-Finished Ceilings, Laminate Floors, Floor--Ceiling Windows, Kitchen W/European-Style Built-In Appliances & Center Island. Airy Open Concept Layout With Stunning City View! Building Boasts Fantastic Amenities Including: Guest Suites, Lounge, Juice Bar, Rain Rm, Sauna, Gym! Prime Location Heart Of Downtown, Steps To Eaton Centre, TTC, Ryerson, UofT, Restaurants, Financial/Entertainment District, Shops, Amenities & More!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-03 | 2024-07-30 | 27 | $2,700 | - | Terminated |
| 2024-05-17 | 2024-07-02 | 46 | $2,700 | - | Terminated |
| 2024-04-24 | 2024-07-02 | 69 | $690,000 | - | Terminated |
| 2023-09-26 | 2024-04-23 | 210 | $698,000 | - | Terminated |
| 2023-05-15 | 2023-08-25 | 102 | $700,000 | - | Terminated |
| 2020-12-21 | 2021-03-01 | 70 | $1,775 | $1,725 | Leased |
| 2020-09-08 | 2020-11-02 | 55 | $648,800 | $630,000 | Sold |
| 2019-08-25 | 2019-08-30 | 5 | $2,300 | $2,300 | Leased |
Nearby Intersections
Yonge & Queen (34)
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,745 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 3114 is a 1-bedroom 1-bathroom condo listed for sale at $690,000, which is $124,016 (21.9%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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