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5508 - 197 Yonge Street
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$1,949/sqft
Maintenance Fees:
$397/mth
Taxes:
$1,858 (2023)
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
South
Possession Date:
May 15, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Air Conditioning
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Water
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Room dimensions are not available for this listing.
About this Listing
Fantastic Open Concept Junior One-Bedroom With 2 Locker Units, Breathtaking South Facing Panorama View Of Lake Ontario & Cn Tower, On The 55 Floor Spacious Balcony . European Style Kitchen And Appliances: Facilities: Piano Lounge, Exercise Room, Sauna, Juice Bar, Guest Suites Etc. Steps To Queen Subway, Theatres, Luxurious Restaurants, Eaton Centre & Hospitals; 5Min Walk To Ryerson U & George Brown U. 15Min Walk To U Of T.
homelife landmark realty inc.MLS® #C8289796
Amenities
Media Room
Rec Room
Sauna
Party Room
Guest Suites
Concierge
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%
Price Trends
Building Trends At The Massey Tower
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
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
4.9
YEARS before being sold againProperty 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
168
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
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | $432,000 - $560,000 | $562,000 - $680,000 | $645,000 - $830,000 | $901,000 - $985,000 | No Data | $1,019,000 - $1,108,000 |
Avg. Cost Per Sqft | $1,390 | $1,231 | $1,158 | $1,185 | No Data | $1,235 |
Price Range | $2,000 - $2,400 | $2,295 - $2,950 | $2,350 - $3,200 | $2,495 - $3,800 | No Data | $3,675 - $5,200 |
Avg. Wait for Unit Availability | 50 Days | 27 Days | 41 Days | 110 Days | No Data | 102 Days |
Avg. Wait for Unit Availability | 7 Days | 4 Days | 6 Days | 26 Days | No Data | 31 Days |
Ratio of Units in Building | 21% | 38% | 29% | 8% | 1% | 7% |
Maintenance Fees
The Massey Tower vs The City Centre Area