197 Yonge St 5907
Church-Yonge Corridor, Downtown Toronto, M5B 0C1
FOR SALE
$499,000
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Property Description
Stunning View!!! One Of The Best Units At Luxury Massey Tower! South Facing High Floor. Unobstructed Panoramic View Of Lake Ontario & Cn Tower With A Huge Balcony. 9 Ft Ceilings With Floor To Ceiling Windows * Modern Kitchen * Prime Location! Steps To Eaton Centre, Toronto Metropolitan University, Shops, Restaurants & Bars, Subway Station & St Michael's Hospital* One Parking Included!!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-12-22 | 2020-12-24 | 2 | $739,800 | $735,000 | Sold |
| 2020-01-18 | 2020-01-29 | 11 | $2,525 | $2,500 | Leased |
Extras
Fridge, Stove, Dishwasher, Washer & Dryer.
Nearby Intersections
Yonge & Queen (39)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,326 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 5907 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $76,075 (13.2%) lower than the average sold price of $575,075 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,318 (0.2%) compared to the previous 30 day period (August 6 - September 4) and down $40,408 (6.6%) from the same time one year ago.Inventory Change
There were 1,789 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 62.6% compared with the previous 30 day period (August 6 - September 4) and up 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,029) (1.9%) below asking price over the last 30 days (September 5 - October 4), which represents a $1,920 decrease compared to the previous 30 day period (August 6 - September 4) and ($7,551) 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 (September 5 - October 4) stood at 28.7%, down from 47.9% over the previous 30 days (August 6 - September 4) and up from 26.4% 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 30 days when successfully sold over the last 30 days (September 5 - October 4), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 King`S Quay Real Estate Inc.
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