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    The Massey Tower

    197 Yonge Street

    21for Sale
    38for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    60
    Number of Units:
    699
    Condo Completion:
    2019
    Condo Demand:
    Medium
    Unit Size Range:
    308 - 1,100 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for The Massey Tower

    Amenities

    Rooftop Deck
    Concierge
    Indoor Pool
    Media Room
    Sauna
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 197 Yonge StreetThe Massey Tower

    Rising to 60-storeys above 2 heritage bank buildings, The Massey Tower is a stunning condominium where new meets old. The exterior of this sleek high-rise has been designed to give the building’s balconies a rounded cloud-like appearance, a distinctly unique look.

    Located at 197 Yonge St, Toronto condos for sale in this building are a dream come true for those who love urban living. The Massey Tower boasts an extensive list of amenities — full fitness centre, steam room, rain room, sauna, juice bar, cocktail lounge, piano bar with terrace, concierge, guest suites, and parking garage — in fact, you’d be hard pressed to find a hotel which offers that many extras.

    This building has a youthful vibe, ideal for first-time home buyers, young professionals, and couples. With a condo at The Massey Tower, you’re directly across the street from the Eaton Centre, and Queen Station is just next door for the Yonge-University subway line.

    The Suites

    The 699 downtown Toronto condos at The Massey Tower maximize living space — there's not a foot wasted in design — ranging in size from 371 square feet for a junior 1 bedroom, to 882 for a 2 bedroom + den. There are a select number of 1085 square foot 2 bedroom units with a sizeable walk-in closet and ensuite bathrooms in the master bedrooms.

    These condos were designed by award winning interior designers at Cecconi Simone; suites have 9 foot ceilings, European-styled kitchens with stainless steel appliances, granite or Corian countertops, Corian sinks in the bathrooms, and stackable ensuite laundry; all units have private terraces.

    With brand new condo at 197 Yonge, you have attractions on Yonge street like the Eaton Centre and Yonge-Dundas Square, with the lively Village neighbourhood to your east, and the busy Financial District just a few blocks south; in this urban paradise you’ll never have to go far for shopping, food, fun, and TTC service.

    The Neighbourhood

    The Massey Tower is situated on the edge of the City Centre neighbourhood — a great location for those who love to shop; the Eaton Centre is across the street for over 200 hundred stores and all the big brands. Music fans have Massey Hall around the corner on Shutter — a famed venue for concerts — plus there's subway service at Queen Station for trips to the Scotiabank Arena.

    Yonge Street is home to an eclectic nightlife experience; you can enjoy some craft beer at 3 Brewers Yonge and CRAFT Beer Market, sing your heart out at Bar+ Karaoke Lounge, play bar games at Wabar, or head to the Entertainment District and dance the night away. For dining out, there’s Leña Restaurante for upscale dining or Paramount Fine Foods for something casual — and so many more.

    Transportation

    197 Yonge Street has a flawless Walk Score — everything you could need is right outside your front door.

    Those who rely on public transit couldn’t have it any better than this — there are streetcars on Queen, buses on Yonge, and Queen Station is less than a 1 minute walk for subway service.

    Drivers can reach the Gardiner Expressway by heading south on Yonge Street to Lakeshore Boulevard. For the Don Valley Parkway, head east on Queen Street for the nearest on-ramp.

    21

    Listings For Sale

    Interested in receiving new listings for sale?

    197 Yonge St, unit 1201 for sale - image #1
    197 Yonge StCity Centre
    1 Bed1 Bath566 SQFT0 Parking
    $492/mth Condo Fee3 Days on Strata
    197 Yonge St S, unit 3812 for sale - image #1
    $539,999
    197 Yonge St SCity CentreUnit 3812
    1 Bed1 Bath406 SQFT0 Parking
    $421/mth Condo Fee5 Days on Strata
    197 Yonge St, unit 2108 for sale - image #1
    $569,000
    197 Yonge StCity CentreUnit 2108
    Studio 1 Bath314 SQFT0 Parking
    $333/mth Condo Fee58 Days on Strata
    197 Yonge St E, unit 2304 for sale - image #1
    $578,000
    197 Yonge St ECity CentreUnit 2304
    1 Bed1 Bath559 SQFT0 Parking
    $526/mth Condo Fee8 Days on Strata
    197 Yonge St, unit 1704 for sale - image #1
    197 Yonge StCity Centre
    1 Bed1 Bath566 SQFT0 Parking
    $558/mth Condo Fee6 Days on Strata
    197 Yonge St, unit 1610 for sale - image #1
    $599,000
    197 Yonge StCity CentreUnit 1610
    1 Bed + 11 Bath645 SQFT1 Parking
    $814/mth Condo Fee22 Days on Strata
    197 Yonge St, unit 1414 for sale - image #1
    197 Yonge StCity Centre
    1 Bed + 11 Bath600 - 699 SQFT0 Parking
    $452/mth Condo Fee2 Days on Strata
    197 Yonge St, unit 3114 for sale - image #1
    $599,800
    197 Yonge StCity CentreUnit 3114
    1 Bed + 11 Bath610 SQFT0 Parking
    $539/mth Condo Fee8 Days on Strata
    197 Yonge St, unit 1503 for sale - image #1
    $618,000
    197 Yonge StCity CentreUnit 1503
    1 Bed1 Bath578 SQFT0 Parking
    $494/mth Condo Fee19 Days on Strata
    197 Yonge St, unit 5408 for sale - image #1
    $635,000
    Price Increase: $35,100 (Apr 18)
    197 Yonge StCity CentreUnit 5408
    1 Bed1 Bath339 SQFT0 Parking
    $390/mth Condo Fee55 Days on Strata
    197 Yonge St, unit 2410 for sale - image #1
    197 Yonge StCity Centre
    1 Bed + 11 Bath645 SQFT0 Parking
    $590/mth Condo Fee268 Days on Strata
    197 Yonge St, unit 5104 for sale - image #1
    197 Yonge StCity Centre
    1 Bed1 Bath566 SQFT0 Parking
    $526/mth Condo Fee38 Days on Strata
    197 Yonge St, unit 1210 for sale - image #1
    $677,000
    197 Yonge StCity CentreUnit 1210
    1 Bed + 11 Bath645 SQFT0 Parking
    $530/mth Condo Fee63 Days on Strata
    197 Yonge St, unit 5508 for sale - image #1
    $688,000
    197 Yonge StCity CentreUnit 5508
    1 Bed1 Bath353 SQFT0 Parking
    $397/mth Condo Fee2 Days on Strata
    197 Yonge St, unit 1205 for sale - image #1
    $699,000
    197 Yonge StCity CentreUnit 1205
    1 Bed + 11 Bath611 SQFT0 Parking
    $558/mth Condo Fee24 Days on Strata
    197 Yonge St, unit 2310 for sale - image #1
    $749,000
    197 Yonge StCity CentreUnit 2310
    1 Bed + 11 Bath645 SQFT0 Parking
    $454/mth Condo Fee275 Days on Strata
    197 Yonge St, unit 3111 for sale - image #1
    197 Yonge StCity Centre
    1 Bed + 11 Bath645 SQFT0 Parking
    $570/mth Condo Fee21 Days on Strata
    197 Yonge St, unit 5611 for sale - image #1
    $799,999
    197 Yonge StCity CentreUnit 5611
    1 Bed + 11 Bath627 SQFT1 Parking
    $733/mth Condo Fee24 Days on Strata
    197 Yonge St, unit 3102 for sale - image #1
    197 Yonge StCity Centre
    2 Beds2 Baths801 SQFT0 Parking
    $867/mth Condo Fee38 Days on Strata
    197 Yonge St, unit 4211 for sale - image #1
    197 Yonge StCity Centre
    1 Bed + 11 Bath648 SQFT1 Parking
    $875/mth Condo Fee48 Days on Strata
    197 Yonge St, unit 5009 for sale - image #1
    $1,198,000
    197 Yonge StCity CentreUnit 5009
    3 Beds2 Baths882 SQFT1 Parking
    $1,052/mth Condo Fee21 Days on Strata
    38

    Listings For Rent

    Interested in receiving new listings for rent?

    197 Yonge St, unit 1213 for rent - image #1
    $1,900/mth
    197 Yonge StCity CentreUnit 1213
    Studio 1 Bath440 SQFT0 Parking
    Available Immediately/TBA1 Day on Strata
    197 Yonge St, unit 2613 for rent - image #1
    $1,950/mth
    Price Cut: $150 (Apr 18)
    197 Yonge StCity CentreUnit 2613
    Studio 1 Bath339 SQFT0 Parking
    Available Immediately57 Days on Strata
    197 Yonge St, unit 1313 for rent - image #1
    $2,000/mth
    197 Yonge StCity CentreUnit 1313
    Studio 1 Bath0 Parking
    Available Jun 1, 20247 Days on Strata
    197 Yonge St, unit 4513 for rent - image #1
    $2,050/mth
    197 Yonge StCity CentreUnit 4513
    Studio 1 Bath440 SQFT0 Parking
    Available Immediately/TBA6 Days on Strata
    197 Yonge St, unit 4412 for rent - image #1
    $2,100/mth
    197 Yonge StCity CentreUnit 4412
    Studio 1 Bath557 SQFT0 Parking
    Available Immediately59 Days on Strata
    197 Yonge St, unit 5013 for rent - image #1
    $2,100/mth
    197 Yonge StCity CentreUnit 5013
    Studio 1 Bath0 Parking
    Available Jun 1, 20242 Days on Strata
    197 Yonge St, unit 4213 for rent - image #1
    $2,100/mth
    197 Yonge StCity CentreUnit 4213
    Studio 1 Bath0 Parking
    Available Immediately/TBA59 Days on Strata
    197 Yonge St, unit 1107 for rent - image #1
    $2,150/mth
    Price Cut: $250 (Apr 24)
    197 Yonge StCity CentreUnit 1107
    1 Bed1 Bath578 SQFT0 Parking
    Available Mar 1, 202486 Days on Strata
    197 Yonge St, unit 4013 for rent - image #1
    $2,150/mth
    197 Yonge StCity CentreUnit 4013
    Studio 1 Bath440 SQFT0 Parking
    Available May 31, 202417 Days on Strata
    197 Yonge St, unit 4708 for rent - image #1
    $2,300/mth
    Price Cut: $100 (Apr 25)
    197 Yonge StCity CentreUnit 4708
    Studio 1 Bath331 SQFT0 Parking
    Available Apr 16, 202443 Days on Strata
    197 Yonge St, unit 4612 for rent - image #1
    $2,300/mth
    197 Yonge StCity CentreUnit 4612
    Studio 1 Bath0 Parking
    Available May 1, 202449 Days on Strata
    197 Yonge St, unit 4301 for rent - image #1
    197 Yonge StCity Centre
    1 Bed1 Bath578 SQFT0 Parking
    Available May 1, 202435 Days on Strata
    197 Yonge St, unit 2801 for rent - image #1
    $2,300/mth
    Price Cut: $100 (Apr 29)
    197 Yonge StCity CentreUnit 2801
    1 Bed1 Bath557 SQFT0 Parking
    Available May 1, 202417 Days on Strata
    197 Yonge St, unit 4304 for rent - image #1
    $2,300/mth
    Price Cut: $50 (May 1)
    197 Yonge StCity CentreUnit 4304
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available Immediately24 Days on Strata
    197 Yonge St, unit 4604 for rent - image #1
    $2,350/mth
    197 Yonge StCity CentreUnit 4604
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available May 1, 202423 Days on Strata
    197 Yonge St, unit 1613 for rent - image #1
    $2,350/mth
    197 Yonge StCity CentreUnit 1613
    Studio 1 Bath0 Parking
    Available Flexible1 Day on Strata
    197 Yonge St, unit 3001 for rent - image #1
    $2,400/mth
    197 Yonge StCity CentreUnit 3001
    1 Bed1 Bath566 SQFT0 Parking
    Available Immediately79 Days on Strata
    197 Yonge St, unit 5603 for rent - image #1
    $2,400/mth
    197 Yonge StCity CentreUnit 5603
    1 Bed1 Bath559 SQFT0 Parking
    Available Immediately20 Days on Strata
    197 Yonge St, unit 1904 for rent - image #1
    $2,400/mth
    197 Yonge StCity CentreUnit 1904
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available May 20, 202441 Days on Strata
    197 Yonge St, unit 3303 for rent - image #1
    $2,400/mth
    197 Yonge StCity CentreUnit 3303
    1 Bed1 Bath559 SQFT0 Parking
    Available May 27, 20242 Days on Strata
    197 Yonge St, unit 5714 for rent - image #1
    $2,400/mth
    197 Yonge StCity CentreUnit 5714
    1 Bed + 11 Bath600 - 699 SQFT0 Parking
    Available Jun 19th/ TBA1 Day on Strata
    197 Yonge St, unit 3110 for rent - image #1
    $2,450/mth
    197 Yonge StCity CentreUnit 3110
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Immediately8 Days on Strata
    197 Yonge St, unit 2711 for rent - image #1
    197 Yonge StCity Centre
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Apr 20, 202415 Days on Strata
    197 Yonge St, unit 5311 for rent - image #1
    $2,500/mth
    197 Yonge StCity CentreUnit 5311
    1 Bed + 11 Bath600 - 699 SQFT0 Parking
    Available May 1, 202421 Days on Strata
    197 Yonge St, unit 3111 for rent - image #1
    $2,500/mth
    197 Yonge StCity CentreUnit 3111
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Immediately3 Days on Strata
    197 Yonge St, unit 4011 for rent - image #1
    $2,550/mth
    197 Yonge StCity CentreUnit 4011
    1 Bed + 11 Bath610 SQFT0 Parking
    Available Immediately/TBA11 Days on Strata
    197 Yonge St, unit 4114 for rent - image #1
    $2,550/mth
    197 Yonge StCity CentreUnit 4114
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Jul 1/TBA7 Days on Strata
    197 Yonge St, unit 2811 for rent - image #1
    197 Yonge StCity Centre
    1 Bed + 11 Bath645 SQFT0 Parking
    Available May 25, 202442 Days on Strata
    197 Yonge St, unit 2611 for rent - image #1
    $2,550/mth
    Price Cut: $450 (Apr 30)
    197 Yonge StCity CentreUnit 2611
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Apr 3, 202429 Days on Strata
    197 Yonge St, unit 1705 for rent - image #1
    197 Yonge StCity Centre
    1 Bed + 11 Bath643 SQFT0 Parking
    Available Apr 4, 202468 Days on Strata
    197 Yonge St, unit 1610 for rent - image #1
    $2,600/mth
    197 Yonge StCity CentreUnit 1610
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Immediately22 Days on Strata
    $2,800/mth
    197 Yonge StCity CentreUnit 5508
    Studio 1 Bath353 SQFT0 Parking
    Available May 1, 20242 Days on Strata
    197 Yonge St, unit 2502 for rent - image #1
    197 Yonge StCity Centre
    2 Beds2 Baths800 SQFT0 Parking
    Available May 1, 20248 Days on Strata
    197 Yonge St, unit 3102 for rent - image #1
    197 Yonge StCity Centre
    2 Beds2 Baths801 SQFT0 Parking
    Available Apr 19, 202452 Days on Strata
    197 Yonge St, unit 5502 for rent - image #1
    $3,600/mth
    Price Cut: $400 (May 1)
    197 Yonge StCity CentreUnit 5502
    2 Beds2 Baths800 SQFT0 Parking
    Available Apr 3, 202429 Days on Strata
    197 Yonge St, unit 2709 for rent - image #1
    $3,980/mth
    197 Yonge StCity CentreUnit 2709
    3 Beds2 Baths900 - 999 SQFT1 Parking
    Available Apr 15, 202430 Days on Strata
    197 Yonge St, unit 3809 for rent - image #1
    $4,000/mth
    197 Yonge StCity CentreUnit 3809
    2 Beds2 Baths800 SQFT0 Parking
    Available Immediately6 Days on Strata
    197 Yonge St, unit 3409 for rent - image #1
    $4,000/mth
    197 Yonge StCity CentreUnit 3409
    3 Beds2 Baths800 SQFT1 Parking
    Available May 1, 202457 Days on Strata

    Nearby Amenities

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at The Massey Tower spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 42 condos in the City Centre area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    169
    Units were Rented over the past twelve months

    Best Value Rank

    The Massey Tower offers the
    ?
    best value out of 42 condos in the City Centre neighbourhood

    Appreciation Rank

    The Massey Tower has the
    ?
    highest ROI out of 42 condos in the City Centre neighbourhood

    Rental Yield

    The Massey Tower yields the
    ?
    highest rent prices out of 42 condos in the City Centre neighbourhood

    High Demand

    The Massey Tower is the
    ?
    most popular building out of 42 condos in the City Centre neighbourhood

    Transaction Insights at 197 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$432,000 - $560,000$562,000 - $680,000$645,000 - $830,000$901,000 - $985,000No Data$1,019,000 - $1,108,000
    Avg. Cost Per Sqft$1,390$1,231$1,158$1,185No Data$1,235
    Avg. Wait for Unit Availability50 Days27 Days41 Days110 DaysNo Data102 Days
    Ratio of Units in Building21%38%29%8%1%7%

    Maintenance Fees

    The Massey Tower vs The City Centre Area

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