197 Yonge Street
Building Details
Listing History for The Massey Tower
Amenities
Maintenance Fees
About 197 Yonge Street — The Massey Tower
Standing 60 storeys tall at 197 Yonge Street — The Massey Tower is a high-rise by any definition. MOD Developments completed construction on the building in 2019, resulting in 699 City Center - Toronto condo for sale. Suites start at 255 square feet and go up to 1100 square feet, and because of the number of units in the building, buyers have a good chance of finding Toronto condos for sale here.
This condo is very conveniently located, with a well above average Walk Score of 100 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 197 Yonge Street are $1.00 per-square-foot, which is significantly higher than the city average of about $0.67.
The Suites
The average cost per-square-foot for a unit at 197 Yonge Street is $1,089 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.
Units at The Massey Tower spend 34 days on the market on average and usually sell for 0.30% above the listing price. In the last 12 months, 177 units have rented, and 16 have sold.
The Neighbourhood
This is an excellent location for those who love to dine out, with great restaurants close by such as Auntie Anne's, Tim Hortons and La Prep. Need a break while working from home? Pop-over to Tim Hortons, La Prep and Starbucks to grab some coffee or tea!
Grocery shopping can feel like a chore — but not when Verde Holdings Ltd., The Market by Longo's and Metro are just an easy 12-minute walk away.
Taking care of your financial health is easy with Tangerine and BMO Bank of Montreal close by.
Having Yonge Theatre Block Park, Centre Island Park and Trinity Square Labyrinth within 4 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.
Those who love to shop will appreciate all the options nearby with Showcase, DECORTÉ Cosmetics and CF Toronto Eaton Centre just 3 minutes from here.
There are also several unique attractions nearby to keep yourself entertained, such as Regent Park Rotating Gallery, International Gallery of the Arts (IGOA) and Art Boulle — all just a quick 5-minute walk away. CineCycle is just a short drive away for movie nights.
There are plenty of nearby school choices — ALPHA Alternative Junior School, Downtown Vocal Music Academy of Toronto and Ryerson Community School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Apex Academy Online, Oasis Alternative Secondary School and E F High School Year.
Transportation
For longer journeys there’s a light transit stop at Yonge St At Shuter St for your transportation needs. Transit riders will love living just 2 minutes from Queen.
If you’re interested in checking out other similar condos within walking distance, you might like 1 Market Street, 210 Victoria Street and 200 Victoria Street.
Listings For Sale
Interested in receiving new listings for sale?
Price Cut: $10,000 (Sep 18)
Price Cut: $50,000 (Aug 5)
Price Cut: $64,000 (Aug 5)
Price Cut: $20,000 (Aug 5)
Listings For Rent
Interested in receiving new listings for rent?
Price Cut: $100 (Sep 6)
Price Cut: $50 (Aug 13)
Explore Neighbourhood
Similar condos
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Massey Tower
Days on Strata
List vs Selling Price
Or in other words, the
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 197 Yonge Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | $432,000 - $500,000 | $545,000 - $639,000 | $598,000 - $660,000 | $845,000 - $901,000 | No Data | $1,019,000 - $1,179,000 |
Avg. Cost Per Sqft | $1,224 | $1,048 | $977 | $1,055 | No Data | $1,273 |
Price Range | $1,900 - $2,350 | $2,150 - $2,800 | $2,300 - $3,150 | $2,695 - $3,650 | No Data | $3,675 - $4,700 |
Avg. Wait for Unit Availability | 50 Days | 30 Days | 41 Days | 118 Days | No Data | 96 Days |
Avg. Wait for Unit Availability | 7 Days | 5 Days | 6 Days | 22 Days | No Data | 27 Days |
Ratio of Units in Building | 21% | 38% | 29% | 8% | 1% | 7% |
Unit Sales vs Inventory
Total number of units listed and sold in Church - Toronto