197 Yonge St 4408

FOR SALE
$508,000
197 Yonge St 4408, Toronto
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
197 Yonge St 4408
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C11959097
MLSID
Contact Us
Property Description
Million Dollar Views - BEST view in DT!!! Unobstructed Lake & CN Tower Views. This South-facing studio is filled with natural light throughout the day. Thoughtfully designed for both comfort and functionality, the unit features a spacious layout, built-in high-end appliances, and includes a LOCKER for additional storage. Situated in the heart of downtown, this condo is just steps from the Financial District, right next to Eaton Centre, and TMU (formerly Ryerson University). With Dundas and Queen TTC stations, and PATH right downstairs, commuting is effortless. Perfect for professionals working in the Financial District or students seeking a vibrant urban lifestyle, this unit offers unparalleled convenience and spectacular cityscapes from dawn to sunset.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-18 2025-01-24 67 $529,900 - Terminated
2024-10-01 2025-01-24 115 $530,000 - Terminated
2024-08-15 2025-01-24 162 $499,900 - Terminated
2024-06-20 2025-01-24 218 $529,900 - Terminated
2024-11-18 2025-01-22 65 $529,900 - Suspended
2024-10-01 2024-11-17 47 $530,000 - Suspended
2024-08-15 2024-10-01 47 $499,900 - Suspended
2024-06-20 2024-08-15 56 $529,900 - Suspended
2021-04-20 2021-05-03 14 $579,000 $576,500 Sold
Nearby Intersections
Property Features
Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,053 (2024)
Basement
None
Exterior
Alum Siding, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat7.91' x 19.49'Open Concept, W/O To Balcony, Laminate
DiningFlat9.84' x 19.49'Combined W/Living, Large Window, Laminate
KitchenFlat4.27' x 8.66'Stainless Steel Appl, Corian Counter, Laminate
Toronto Market Statistics
Toronto Price Trend
197 Yonge St 4408 is a 1-bedroom 1-bathroom condo listed for sale at $508,000, which is $49,110 (8.8%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Dream Home Realty Inc.
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