197 Yonge Street
Building Details
Listing History for The Massey Tower
Amenities
Maintenance Fees
About 197 Yonge Street — The 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.
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Listings For Sale
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Price Cut: $36,000 (Nov 8)
Price Cut: $64,000 (Aug 5)
Listings For Rent
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Price Cut: $24 (Nov 13)
Price Cut: $150 (Nov 11)
Price Increase: $200 (Oct 15)
Price Cut: $100 (Oct 24)
Price Cut: $40 (Oct 30)
Price Cut: $200 (Nov 4)
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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
Offer Competition
Turnover of Units
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Price Ranking
Sold Units
Rented Units
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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 - $600,000 | $545,000 - $639,000 | $598,000 - $660,000 | $808,000 - $901,000 | No Data | $755,000 - $1,179,000 |
Avg. Cost Per Sqft | $1,448 | $1,027 | $977 | $978 | No Data | $1,166 |
Price Range | $1,900 - $2,350 | $2,150 - $2,800 | $2,295 - $3,150 | $2,695 - $3,650 | No Data | $3,675 - $4,700 |
Avg. Wait for Unit Availability | 58 Days | 31 Days | 41 Days | 123 Days | No Data | 100 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