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    Toronto / Downtown / Church - Toronto

    2612 - 197 Yonge St

    For SaleThe Massey Tower
    $439,900
    Studio
    1 Bath
    0 Parking
    401 SQFT
    7 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $441/mth
    Taxes:
    $2,325 (2024)
    Cost Per Sqft:
    $1,097/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    Flexible
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Dining
    Combined with Living, Windows Floor to Ceiling
    18.08 x 10.76ft
    Kitchen
    Built-in Appliances, Tile Floor, Windows Floor to Ceiling
    9.91 x 4.82ft
    Living
    Windows Floor to Ceiling, Open Concept, Carpet
    18.08 x 10.76ft

    About this Listing

    Enjoy the ultimate in convenience and style with this beautifully updated bachelor unit at the iconic Massey Tower. Compact, yet offering everything you need, this modern space is perfect for urban living. Perched on a high foor, it boasts clear, breathtaking city views and an open-concept layout with soaring 9-ft ceilings and expansive floor-to-ceiling windows that fill the space with natural light. The sleek kitchen is thoughtfully designed with modern cabinetry and elegant finishes, complemented by an updated Scandinavian-style spa bathroom perfect for unwinding after a busy day. Steps To Toronto's Eaton Centre, T.T.C. Subway, Yonge - Dundas Square, U Of T, George Brown, Toronto Metropolitan University (Ryerson), The Financial & Entertainment Districts. Enjoy 24-hour concierge, a fitness centre, yoga studio, stylish party room with a piano bar, and an outdoor terrace with a tanning deck and BBQs.

    royal lepage signature realtyMLS® #C11999923

    Amenities

    Concierge
    Rooftop Deck
    Party Room
    Media Room
    Security System
    Gym Room

    Explore Neighbourhood

    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!

    Similar Listings

    Demographics

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

    Population
    10,008
    Average Individual Income
    $65,836
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $109,948
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    22%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    10%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Urdu
    1%
    Tamil
    1%
    Education
    University and Above
    39%
    High School
    22%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    The Massey Tower vs The Church - Toronto Area

    Building Trends At The Massey Tower

    Days on Strata

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

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Church - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -17%
    Decrease in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 91 condos in the Church - Toronto area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    190
    Units were Rented over the past twelve months

    Best Value Rank

    The Massey Tower offers the
    ?
    best value out of 91 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    The Massey Tower has the
    ?
    highest ROI out of 91 condos in the Church - Toronto neighbourhood

    Rental Yield

    The Massey Tower yields the
    ?
    highest rent prices out of 91 condos in the Church - Toronto neighbourhood

    High Demand

    The Massey Tower is the
    ?
    most popular building out of 91 condos in the Church - Toronto neighbourhood

    Transaction Insights at 197 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$600,000$470,000 - $639,000$598,000 - $648,000$808,000 - $980,800No Data$755,000 - $1,179,000
    Avg. Cost Per Sqft$1,740$1,031$969$985No Data$1,172
    Avg. Wait for Unit Availability60 Days30 Days45 Days120 DaysNo Data100 Days
    Ratio of Units in Building20%38%29%8%1%7%

    Transactions vs Inventory

    Total number of units listed and sold in Church - Toronto