197 Yonge St 3111
Church-Yonge Corridor, Downtown Toronto, M5B 1M4
FOR SALE
$775,000
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BEDROOMS1
BATHROOMS1
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Property Description
Available Large 1 Bedroom + Den, 645 SQ. Ft. Ready To Move-In Condo In The Massey Tower. Restored Bank Building East Of Yonge St & North Of Queen St With Good Exposure to Natural Sunlight. Great Opportunity To Live In The Heart Of Downtown Toronto Across From The Eaton Center, Steps To Queen Subway Station / Ttc. Close To Yonge & Dundas Square, Financial District, U Of T, Ryerson and St Michael's Hospital. 9' Floor To Ceiling Windows, Unobstructed Spectacular North Views From The Balcony.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-17 | 2024-04-11 | 25 | $2,500 | - | Terminated |
| 2021-04-19 | 2021-04-28 | 9 | $2,000 | $1,900 | Leased |
| 2020-11-13 | 2021-04-14 | 151 | $2,200 | - | Suspended |
| 2020-09-21 | 2020-11-13 | 53 | $2,200 | - | Terminated |
| 2019-06-26 | 2019-07-14 | 18 | $2,450 | $2,350 | Leased |
Extras
Integrated Refrigerator, Dishwasher, Microwave, 4 Burner Glass Ceramic Cook-Top, Stainless Steel Oven & Hood Fan, Blinds.
Nearby Intersections
Yonge & Queen (41)
Property Features
Electric Car Charger, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,479 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
197 Yonge St 3111 is a 1-bedroom 1-bathroom condo listed for sale at $775,000, which is $175,125 (29.2%) 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 Cityscape Real Estate Ltd.
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