2002 - 197 Yonge St

For RentThe Massey Tower

2 Days on Strata

Est Lease Timeframe:

19 Days

$3,250/mth

2 Beds

2 Bath

1 Parking

800 SQFT

Listing History

2025 - Mar 24

for rent

$3,250

Mar 20, 2024 • 58 days on Strata

leased

$3,300Down from $3,500

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Unit Highlights

Property Type:

Condo

Possession Date:

April 1, 2025

Lease Term:

1 Year

Utilities Included:

Outdoor Space:

Balcony

Furnished:

Exposure:

North East

Locker:

Owned

Renter's Market

Balanced

Landlord's Market

Utilities Included

Rent Includes

Heat

Air Conditioning

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Water

Utility Type

Air Conditioning: Central Air
Heat Source: No Data
Heating: Heat Pump

Room Dimensions

Room dimensions are not available for this listing.

About this Listing

Spacious 2 Bedroom with an open-concept layout, soaring ceilings, and floor-to-ceiling windows that fill the space with natural light. The modern kitchen features high-end built-in appliances, sleek cabinetry, and quartz countertops. Enjoy breathtaking city views from your private balcony. Situated across from the iconic Eaton Centre, you're steps from Queen Subway Station, Yonge-Dundas Square, the Financial District, and Toronto Metropolitan University. Enjoy endless dining, shopping, and entertainment options, from St. Lawrence Market to the Entertainment District.

ExtrasIntegrated Fridge, Cooktop, Stainless Steel oven, Integrated dishwasher, Range hood, Washer & Dryer, All electric light fixtures & window coverings. 1 Parking & 2 Lockers Included

condowong real estate inc.MLS® #C12038277

Building Spotlight

The Massey Tower

197 Yonge Street

Amenities

Party Room

Gym Room

Indoor Pool

Guest Suites

Security System

Sauna

Similar Listings

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!

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

Average Household Income

$109,948

Dominant Housing Type

Detached

Population By Age

0 - 14

15%

15 - 19

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+

$125,000+

Housing Types & Tenancy

Detached

38%

High Rise Apartment

25%

Semi Detached

22%

Low Rise Apartment

Duplex

Marital Status

49%Married

32%Never Married

6%Divorced

4%Widowed

3%Common Law

2%Separated

Commute

68%Car

27%Public Transit

2%Walk

1%Other

Languages (Primary Language)

Other

71%

Mandarin

14%

Cantonese

10%

Arabic

Tagalog

Spanish

Urdu

Tamil

Education

University and Above

39%

High School

22%

None

16%

College

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

25%

Architecture & Engineering

22%

Health & Related Fields

11%

Social Sciences

11%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Agriculture & Natural Resources

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

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

-14%

Decrease in property value within the past twelve months

Price Ranking

21st

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

Sold Units

Units were Sold over the past twelve months

Rented Units

185

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

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed
Price Range	$600,000	$470,000 - $639,000	$598,000 - $648,000	$808,000 - $980,800	No Data	$755,000 - $1,179,000
Avg. Cost Per Sqft	$1,740	$1,031	$969	$985	No Data	$1,172
Price Range	$1,850 - $2,350	$2,095 - $2,550	$2,200 - $3,150	$2,695 - $3,650	No Data	$3,675 - $4,700
Avg. Wait for Unit Availability	60 Days	30 Days	45 Days	120 Days	No Data	100 Days
Avg. Wait for Unit Availability	7 Days	5 Days	6 Days	23 Days	No Data	27 Days
Ratio of Units in Building	20%	38%	29%	8%	1%	7%

Transactions vs Inventory

Total number of units listed and leased in Church - Toronto