197 Yonge StUnit 5508
Studio
1Bath
329SQFT
EXPIRED
Listed for $759,000
329SQFT
197 Yonge StUnit 5508
EXPIRED
Listed for $759,000
Studio
1Bath
329SQFT
Walk Score
100
Transit Score
100
Bike Score
75
© MapTiler © OpenStreetMap
0
CONDO Demand
Average
Unit Availability
Above Average
Property Type
Condo
Developer
MOD Developments
Condo Completion
2019
Property Management
First Service Residential
Unit Size Range
316 - 1100 SQFT
Number of Units
699
Number of Storeys
60
List Price
$759,000
COST PER SQFT
$2,307/sqft
Total Days on Market
61
Maintenance
$314/mth
Taxes
$1,714
Property Type
Condo
CONDO Demand
Average
Unit Availability
Above Average
Locker
Yes
Parking
No
Outdoor Space
Open
Exposure
South

Unit #5508 at The Massey Tower - , ON

Listing Summary

This listing expired on the 27th of May, 2021 after NaN days on market. Expired listings are often re-listed within a year at a lower price. if you have any questions about this unit or building!

About the Property

Open Concept Very Functional Uint With Big Balcony, Breathtaking South Panorama View Of Lake And Cn Tower, Located In The Heart Of The City. 5-Star Amenities: 24Hr Concierges, Lounge, Exercise Room, Steam Room, Sauna, Rain Room, Juice Bar, Piano Lounge, Guest Suites, Steps To Massey Hall, Eaton Centre, Queen Subway Station, Financial District, Ryerson U,George Brown U & Ocad U.

Extras

European Style Appliances: B/I Fridge, Washer /Dryer, Dishwasher, Cooktop, Luxury Blinds, 1 Locker, Bedroom Can Be Easily Separated By Putting Sliding Doors.

Brokerage: homelife landmark realty inc., brokerageMLS® #C5170150

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2
August
Tuesday
3
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Wednesday
4
August

Viewings are free and there's no obligation.

Room Dimensions

Room dimensions are not available for this listing.

Maintenance Fees Cover

Maintenance Fees Include

Air Conditioning
Building Insurance

Owner Pays Separately

Hydro
Heat
Water

Amenities

Rooftop Deck/Garden
Media Room
Security System
Sauna
Gym
Recreation Room
Party/Meeting Room
Guest Suites
Concierge

Listing History for Unit 5508

Stats, Trends & Rankings

Price Per Square Foot
The Massey Tower vs The City Centre Area

$383.00
More Expensive
per SQFT compared to the neighbourhood average
The Massey Tower's Avg
price per SQFT
$1,327
/ SQFT
Neighbourhood Avg
price per SQFT
$944
/ SQFT

Building Trends At The Massey Tower

Days on Market

Units at The Massey Tower spend an average of
26
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
1%
above
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
N/A
YEARS before being sold again

Property Value

1%
Increase in property value within the past twelve months

Price Ranking

1st
Highest price per SQFT out of 37 condos in the City Centre area

Sold Units

57
Units were Sold over the past twelve months

Rented Units

299
Units were Rented over the past twelve months

Best Value

The Massey Tower offers the
?
best value out of 37 condos in the City Centre neighbourhood

Return on Investment

The Massey Tower has the
?
highest ROI out of 37 condos in the City Centre neighbourhood

Rental Yield

The Massey Tower yields the
?
highest rent prices out of 37 condos in the City Centre neighbourhood

High Demand

The Massey Tower is the
?
most popular building out of 37 condos in the City Centre neighbourhood

Sales vs Rental Values For This Condo

Studio316 - 440 SQFT
Average Cost Per Sqft$1,561
Sales Price Range$515,000 - $576,500
Rental Price Range$1,300 - $2,000
1 Bed317 - 645 SQFT
Average Cost Per Sqft$1,211
Sales Price Range$565,000 - $751,000
Rental Price Range$1,450 - $2,300
1 Bed + Den549 - 654 SQFT
Average Cost Per Sqft$1,147
Sales Price Range$630,000 - $885,000
Rental Price Range$1,600 - $2,500
2 Bed643 - 1100 SQFT
Average Cost Per Sqft$1,137
Sales Price Range$795,000 - $1,193,000
Rental Price Range$2,400 - $3,000
3 Bed800 - 882 SQFT
Average Cost Per Sqft$1,175
Sales Price Range$950,000 - $1,025,000
Rental Price Range$2,800 - $4,000

How Often Are Units Listed?

Studio316 - 440 SQFT
Average Sales Availability
Every40Days
Average Rental Availability
Every6Days
Ratio of Unit Type in Building20%
1 Bed317 - 649 SQFT
Average Sales Availability
Every18Days
Average Rental Availability
Every3Days
Ratio of Unit Type in Building39%
1 Bed + Den549 - 654 SQFT
Average Sales Availability
Every37Days
Average Rental Availability
Every4Days
Ratio of Unit Type in Building29%
2 Bed643 - 1100 SQFT
Average Sales Availability
Every48Days
Average Rental Availability
Every24Days
Ratio of Unit Type in Building8%
2 Bed + Den
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building1%
3 Bed800 - 890 SQFT
Average Sales Availability
Every138Days
Average Rental Availability
Every22Days
Ratio of Unit Type in Building6%

Maintenance Fees
The Massey Tower vs The City Centre Area

$0.02
Less Expensive
per SQFT compared to the neighbourhood average
The Massey Tower's Avg
monthly maintenance
fee per SQFT
$0.80
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.82
/ SQFT

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