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    The Massey Tower
    19for Sale
    19for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    60
    Number of Units:
    699
    Condo Completion:
    2019
    Condo Demand:
    Medium
    Unit Size Range:
    255 - 1,100 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for The Massey Tower

    Receive listing updates for City Center - Toronto

    Amenities

    Media Room
    Rooftop Deck
    Rec Room
    Security System
    Gym Room
    Concierge

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    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.

    19

    Listings For Sale

    Interested in receiving new listings for sale?

    197 Yonge St, unit 4408 for sale - image #1
    197 Yonge StCity Center - Toronto
    1 Bed1 Bath343 SQFT0 Parking
    $365/mth Condo Fee
    197 Yonge St, unit 1204 for sale - image #1
    $525,000
    Price Cut: $10,000 (Sep 18)
    197 Yonge StCity Center - TorontoUnit 1204
    1 Bed1 Bath507 SQFT0 Parking
    $519/mth Condo Fee
    197 Yonge St, unit 4211 for sale - image #1
    $528,000
    197 Yonge StCity Center - TorontoUnit 4211
    1 Bed + 11 Bath644 SQFT1 Parking
    $875/mth Condo Fee
    197 Yonge St, unit 4908 for sale - image #1
    $535,000
    197 Yonge StCity Center - TorontoUnit 4908
    Studio 1 Bath370 SQFT0 Parking
    $390/mth Condo Fee
    197 Yonge St E, unit 2304 for sale - image #1
    $548,800
    197 Yonge St ECity Center - TorontoUnit 2304
    1 Bed1 Bath559 SQFT0 Parking
    $526/mth Condo Fee
    197 Yonge St, unit 5408 for sale - image #1
    $624,900
    197 Yonge StCity Center - TorontoUnit 5408
    1 Bed1 Bath355 SQFT0 Parking
    $392/mth Condo Fee
    197 yonge St, unit 1611 for sale - image #1
    $629,900
    Price Cut: $50,000 (Aug 5)
    197 yonge StCity Center - TorontoUnit 1611
    1 Bed + 11 Bath627 SQFT0 Parking
    $530/mth Condo Fee
    197 Yonge St, unit 4601 for sale - image #1
    $638,000
    197 Yonge StCity Center - TorontoUnit 4601
    1 Bed1 Bath500 - 599 SQFT0 Parking
    $492/mth Condo Fee
    197 Yonge St, unit 2410 for sale - image #1
    $644,800
    Price Cut: $64,000 (Aug 5)
    197 Yonge StCity Center - TorontoUnit 2410
    1 Bed + 11 Bath645 SQFT0 Parking
    $590/mth Condo Fee
    197 Yonge St, unit 4801 for sale - image #1
    $668,000
    Price Cut: $20,000 (Aug 5)
    197 Yonge StCity Center - TorontoUnit 4801
    1 Bed1 Bath557 SQFT0 Parking
    $492/mth Condo Fee
    197 Yonge St, unit 3701 for sale - image #1
    $669,000
    197 Yonge StCity Center - TorontoUnit 3701
    1 Bed1 Bath557 SQFT1 Parking
    $765/mth Condo Fee
    197 Yonge St, unit 1210 for sale - image #1
    $677,000
    197 Yonge StCity Center - TorontoUnit 1210
    1 Bed + 11 Bath645 SQFT0 Parking
    $530/mth Condo Fee
    197 Yonge St, unit 3114 for sale - image #1
    $690,000
    197 Yonge StCity Center - TorontoUnit 3114
    1 Bed + 11 Bath610 SQFT0 Parking
    $539/mth Condo Fee
    197 Yonge St, unit 2705 for sale - image #1
    $699,000
    197 Yonge StCity Center - TorontoUnit 2705
    1 Bed + 11 Bath643 SQFT0 Parking
    $632/mth Condo Fee
    197 Yonge St, unit 2310 for sale - image #1
    $749,000
    197 Yonge StCity Center - TorontoUnit 2310
    1 Bed + 11 Bath645 SQFT0 Parking
    $454/mth Condo Fee
    197 Yonge St, unit 2209 for sale - image #1
    197 Yonge StCity Center - Toronto
    3 Beds2 Baths800 - 899 SQFT1 Parking
    $1,052/mth Condo Fee
    197 Yonge St, unit 5611 for sale - image #1
    $799,999
    197 Yonge StCity Center - TorontoUnit 5611
    1 Bed + 11 Bath672 SQFT1 Parking
    $733/mth Condo Fee
    197 Yonge St, unit 1102 for sale - image #1
    $939,000
    197 Yonge StCity Center - TorontoUnit 1102
    2 Beds2 Baths800 - 899 SQFT1 Parking
    $1,093/mth Condo Fee
    197 Yonge St, unit 5102 for sale - image #1
    $999,000
    197 Yonge StCity Center - TorontoUnit 5102
    2 Beds2 Baths880 SQFT1 Parking
    $908/mth Condo Fee
    19

    Listings For Rent

    Interested in receiving new listings for rent?

    197 Yonge St, unit 4308 for rent - image #1
    197 Yonge StCity Center - Toronto
    Studio 1 Bath0 Parking
    Available Immediately
    197 Yonge St, unit 1706 for rent - image #1
    $2,350/mth
    197 Yonge StCity Center - TorontoUnit 1706
    1 Bed1 Bath578 SQFT0 Parking
    Available Nov 1, 2024
    197 Yonge St, unit 4004 for rent - image #1
    197 Yonge StCity Center - Toronto
    1 Bed1 Bath557 SQFT0 Parking
    Available Nov 1, 2024
    197 Yonge St, unit 5501 for rent - image #1
    $2,350/mth
    197 Yonge StCity Center - TorontoUnit 5501
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available Oct 1, 2024
    197 Yonge St, unit 4704 for rent - image #1
    197 Yonge StCity Center - Toronto
    1 Bed1 Bath551 SQFT0 Parking
    Available Sept 18, 2024
    197 Yonge St, unit 2104 for rent - image #1
    $2,390/mth
    197 Yonge StCity Center - TorontoUnit 2104
    1 Bed1 Bath559 SQFT0 Parking
    Available Sept 1, 2024
    197 Yonge St, unit 2010 for rent - image #1
    $2,399/mth
    197 Yonge StCity Center - TorontoUnit 2010
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Sept 1, 2024
    197 Yonge St, unit 2614 for rent - image #1
    197 Yonge StCity Center - Toronto
    1 Bed + 11 Bath610 SQFT0 Parking
    Available To Be Arranged
    197 Yonge St E, unit 2304 for rent - image #1
    197 Yonge St ECity Center - Toronto
    1 Bed1 Bath559 SQFT0 Parking
    Available Immediately/TBA
    197 Yonge St, unit 1814 for rent - image #1
    $2,400/mth
    Price Cut: $100 (Sep 6)
    197 Yonge StCity Center - TorontoUnit 1814
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Sept 1, 2024
    197 Yonge St, unit 2407 for rent - image #1
    $2,420/mth
    197 Yonge StCity Center - TorontoUnit 2407
    1 Bed1 Bath559 SQFT0 Parking
    Available Oct 1, 2024
    197 Yonge St, unit 2907 for rent - image #1
    $2,450/mth
    197 Yonge StCity Center - TorontoUnit 2907
    1 Bed1 Bath578 SQFT0 Parking
    Available Aug 1, 2024
    197 Yonge St, unit 3514 for rent - image #1
    $2,450/mth
    197 Yonge StCity Center - TorontoUnit 3514
    1 Bed + 11 Bath610 SQFT0 Parking
    Available To Be Arranged
    197 Yonge St, unit 3103 for rent - image #1
    $2,500/mth
    197 Yonge StCity Center - TorontoUnit 3103
    1 Bed1 Bath559 SQFT0 Parking
    Available Oct 1, 2024
    197 yonge St, unit 1611 for rent - image #1
    $2,500/mth
    Price Cut: $50 (Aug 13)
    197 yonge StCity Center - TorontoUnit 1611
    1 Bed + 11 Bath627 SQFT0 Parking
    Available Immediately
    197 Yonge St, unit 1405 for rent - image #1
    197 Yonge StCity Center - Toronto
    1 Bed + 11 Bath600 - 699 SQFT0 Parking
    Available Immediately
    197 Yonge St, unit 1311 for rent - image #1
    $2,550/mth
    197 Yonge StCity Center - TorontoUnit 1311
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Nov 1, 2024
    197 Yonge St, unit 3302 for rent - image #1
    $3,650/mth
    197 Yonge StCity Center - TorontoUnit 3302
    2 Beds2 Baths891 SQFT1 Parking
    Available Nov 1, 2024
    197 Yonge St for rent  - image #1
    197 Yonge StCity Center - Toronto
    3 Beds2 Baths900 SQFT0 Parking
    Available Sept 17, 2024

    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 condos

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    18%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    5%
    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%

    Maintenance Fees

    The Massey Tower vs The City Center - Toronto Area

    Days on Strata

    Units at The Massey Tower spend an average of
    34
    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 City Center - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    -24%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 33 condos in the City Center - Toronto area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    178
    Units were Rented over the past twelve months

    Best Value Rank

    The Massey Tower offers the
    ?
    best value out of 33 condos in the City Center - Toronto neighbourhood

    Appreciation Rank

    The Massey Tower has the
    ?
    highest ROI out of 33 condos in the City Center - Toronto neighbourhood

    Rental Yield

    The Massey Tower yields the
    ?
    highest rent prices out of 33 condos in the City Center - Toronto neighbourhood

    High Demand

    The Massey Tower is the
    ?
    most popular building out of 33 condos in the City Center - Toronto neighbourhood

    Transaction Insights at 197 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$432,000 - $500,000$545,000 - $639,000$598,000 - $660,000$845,000 - $901,000No Data$1,019,000 - $1,179,000
    Avg. Cost Per Sqft$1,224$1,048$977$1,055No Data$1,273
    Avg. Wait for Unit Availability50 Days30 Days41 Days118 DaysNo Data96 Days
    Ratio of Units in Building21%38%29%8%1%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in City Center - Toronto