197 Yonge St 1503
Church-Yonge Corridor, Downtown Toronto, M5B 0C4
FOR SALE
$618,000
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Property Description
Welcome to The Massey Tower, a Combination Of Historic And Modern Luxurious Design Building! Located In The Heart of Toronto! Bright & Spacious Open Concept, Stunning 1 Bedroom! High End Finishes, Bright Kitchen W/ Centre Island, W/O to Balcony, 9ft Ceilings, Ceiling to FloorWindows! Steps To Queen Subway Station, Eaton Centre, Dundas Sq, U Of Ryerson, Hospitals & More! Offers 5-Star Amenities: Piano Bar, Cocktail Lounge, Fitness/Steam/Sauna, etc!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-03-15 | 2021-03-29 | 14 | $1,575 | $1,550 | Leased |
| 2019-06-09 | 2019-07-13 | 35 | $2,075 | $2,075 | Leased |
Extras
Fridge, Stove, Microwave, Washer & Dryer, 24 Hr Concierge, All Electrical Light Fixtures
Nearby Intersections
Yonge & Queen (42)
Property Features
Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,618 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 14.01' x 14.40' | Combined W/Dining, W/O To Balcony, Laminate |
| Kitchen | Flat | 14.01' x 14.40' | Centre Island, Modern Kitchen, Laminate |
| Prim Bdrm | Flat | 9.12' x 11.12' | Closet |
| Dining | Flat | 14.01' x 14.40' | Combined W/Living |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 1503 is a 1-bedroom 1-bathroom condo listed for sale at $618,000, which is $18,125 (3.0%) higher than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Green Realty Inc.
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