197 Yonge St 2612
Church-Yonge Corridor, Downtown Toronto, M5B 1M4
FOR SALE
$399,900
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BEDROOMS1
BATHROOMS1
KITCHENS3
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Property Description
Enjoy the ultimate in convenience and style with this beautifully updated bachelor unit at the iconic Massey Tower. Compact, yet offering everything you need, this modern space is perfect for urban living. Perched on a high floor, it boasts clear, breathtaking city views and an open-concept layout with soaring 9-ft ceilings and expansive floor-to-ceiling windows that fill the space with natural light. The sleek kitchen is thoughtfully designed with modern cabinetry and elegant finishes, complemented by an updated Scandinavian-style spa bathroom perfect for unwinding after a busy day. Steps To Toronto's Eaton Centre, T.T.C. Subway, Yonge - Dundas Square, U Of T, George Brown, Toronto Metropolitan University (Ryerson), The Financial & Entertainment Districts. Enjoy 24-hour concierge, a fitness centre, yoga studio, stylish party room with a piano bar, and an outdoor terrace with a tanning deck and BBQs.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-04-20 | 2021-04-27 | 8 | $549,000 | $546,000 | Sold |
Nearby Intersections
Yonge & Queen (33)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,325 (2024)
Basement
None
Exterior
Other, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 10.76' x 18.08' | Combined W/Living, Window Flr to Ceil |
| Kitchen | Main | 4.82' x 9.91' | B/I Appliances, Tile Floor, Window Flr to Ceil |
| Living | Main | 10.76' x 18.08' | Window Flr to Ceil, Open Concept, Broadloom |
| Br | Main | 10.76' x 18.08' | Open Concept, Combined W/Living |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 2612 is a 0-bedroom 1-bathroom condo listed for sale at $399,900, which is $21,775 (5.8%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.Inventory Change
There were 76 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 0-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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