197 Yonge St 1704
Church-Yonge Corridor, Downtown Toronto, M5B 1M4
FOR SALE
$579,000
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Property Description
Luxury 1-Bedroom at Massey Tower * the Heart of Downtown Toronto * Directly across from the Eaton Centre * This elegant unit offers a sleek kitchen with built-in appliances * 9ft ceilings * spacious balcony with beautiful east-facing lake views * Residents enjoy premier amenities: a fitness center, steam room, sauna, juice and cocktail bars, piano lounge, rooftop garden, 24-hour concierge, and more * all steps from the best of downtown! *
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-26 | 2024-08-31 | 127 | $585,000 | - | Expired |
| 2024-02-14 | 2024-04-25 | 71 | $669,000 | - | Suspended |
| 2024-01-09 | 2024-02-14 | 36 | $699,000 | - | Terminated |
| 2023-06-27 | 2023-10-31 | 126 | $749,990 | - | Expired |
| 2023-06-15 | 2023-06-26 | 11 | $799,000 | - | Terminated |
| 2022-07-11 | 2022-07-15 | 4 | $2,550 | $2,550 | Leased |
| 2021-05-20 | 2021-07-26 | 67 | $2,150 | $2,150 | Leased |
| 2021-05-20 | 2021-07-24 | 65 | $739,000 | - | Terminated |
| 2021-04-03 | 2021-05-20 | 47 | $738,800 | - | Terminated |
| 2021-03-12 | 2021-04-02 | 21 | $688,000 | - | Terminated |
| 2020-10-29 | 2021-01-29 | 92 | $1,800 | - | Expired |
| 2020-07-27 | 2020-10-26 | 91 | $2,100 | - | Expired |
| 2019-06-05 | 2019-07-11 | 36 | $2,300 | $2,335 | Leased |
Extras
Fridge, cooktop, oven, microwave, dishwasher, washer and dryer, window coverings, and all light fixtures included.
Nearby Intersections
Yonge & Queen (38)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$3,112 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 14.34' x 14.01' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 14.34' x 14.01' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Flat | 6.56' x 14.01' | Laminate, Modern Kitchen, Centre Island |
| Prim Bdrm | Flat | 11.91' x 9.09' | Laminate, Closet, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 1704 is a 1-bedroom 1-bathroom condo listed for sale at $579,000, which is $9,764 (1.7%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Partners Realty Inc.
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