197 Yonge Street, Unit 41, Toronto, ON

$40,000
MLS#:C13647928
0 beds
0 baths
1.0 parking
Residential Condo & Other
Loading property media...
Added:Aug 6, 2026(22 days ago)
Updated:Aug 6, 2026(22 days ago)
Last Checked:12 minutes ago

Property Highlights

Welcome to this remarkable parking space located in the coveted neighborhood of Church-Yonge Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $40,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • 1.0 total parking spaces available
  • Notable attributes: None

Description

Secure a high-efficiency parking assets in the heart of downtown Toronto. Located at the prestigious Massey Tower (197 Yonge Street), this spot utilizes the "Boomerang" fully automated parking system-a sophisticated solution that eliminates the need for manual ramps. This is a strategic acquisition for current owners looking to increase their unit's utility and future resale value. Note: Per building bylaws, the purchaser must be an existing unit owner at 197 Yonge Street.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This condo apartment located at 197 Yonge Street, Toronto is currently for sale and has been available on SousaSells for 22 days. This property is listed at $40,000 with an estimated mortgage of $133* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 197 Yonge Street, Toronto is in the Church-Yonge Corridor neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Church-Yonge Corridor, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Parking Space architecture in Church-Yonge Corridor, Toronto
  • •Convenient parking space for 1.0 vehicle
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

000
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedAug 6, 2026 (22 days ago)
UpdatedAug 6, 2026 (22 days ago)
Last Checked12 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeParking Space
CountyToronto
Annual Tax$0

Parking & Garage

Parking Total1.0
Parking Space0

Heating & Cooling

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 197 Yonge Street, Unit 41, Toronto, ON

Q.What is the asking price for 197 Yonge Street, Unit 41, Toronto, ON ?

The current listing price for 197 Yonge Street, Unit 41, Toronto, ON in Church-Yonge Corridor, Toronto is $40,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 197 Yonge Street, Unit 41, Toronto, ON ?

197 Yonge Street, Unit 41, Toronto, ON is a Parking Space () featuring a basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

Virtual Tour & 3D Walkthrough

Virtual 360° Walkthrough & Live Video Tour

Request a live agent video tour or get 3D virtual walkthrough access for 197 Yonge Street, Unit 41, Toronto, ON .

Location

Initializing map...
197 Yonge Street, Unit 41, Toronto, ON

Google Street View

Open in Google Maps
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Toronto Average, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–¼ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Condo Complex Overview

197 Yonge Street Condos

197 Yonge Street Toronto, Toronto

Built 20154.0 RatingView Building Page

197 Yonge Street: Urban Nexus and Transit Advantage

The Yonge‑Dundas Intersection: Pedestrian Flow and Visibility

The building sits at the busiest intersection of downtown Toronto, where Yonge and Dundas converge. Foot traffic exceeds 100,000 pedestrians daily, making 197 Yonge Street a natural magnet for both commuters and visitors. This cross‑street dynamism translates into high visibility for listings and a constant flow of potential buyers walking past the glass‑curtain façade.

TTC Subway Access: Line 1 and 2 Proximity

Direct access to the Yonge‑University line at the Dundas station, just a 2‑minute walk, provides seamless rapid transit to the entire GTA. In addition, the upcoming Ontario Line will add another layer of connectivity, reducing travel times to the waterfront and the eastern suburbs. For investors, this dual‑line advantage is a rare asset that sustains long‑term demand.

Walk Score and Neighborhood Walkability

Walk Score rates the address at 98 out of 100, reflecting an "Walker's Paradise." Residents can comfortably navigate to grocery stores, cafés, and parks without a car. The nearby Allan Lamport Park and the waterfront promenade offer green space within a 10‑minute stroll, enhancing lifestyle appeal.

Dining and Retail Micro‑Scene

The block hosts an eclectic mix of eateries — from upscale sushi bars to artisanal coffee roasters — creating a culinary tapestry that attracts young professionals and food‑focused families. Retail anchors such as the Eaton Centre and the new Indigenous‑owned boutique on Queen Street West add premium shopping options just steps away.

School Catchment and Family Appeal

Despite its urban core, the building falls within the catchment of well‑rated elementary schools like Queen Alexandra and secondary schools such as Jarvis Collegiate. This dual appeal — urban vibrancy and family‑friendly education — broadens the buyer pool and supports resale resilience.

Amenities that Complement the Location

  • ✦
    Concierge services for package handling and visitor coordination
  • ✦
    Pet‑friendly policies with designated indoor play area
  • ✦
    Direct access to the PATH network for underground shopping

While the building does not feature a rooftop pool, these on‑site perks offset the lack of large‑scale amenities.

Real‑World Pricing Context

Current listings for one‑bedroom units hover around $750,000, while two‑bedrooms average $1.1 million. These figures sit slightly above the downtown average, reflecting the premium attached to the address’s transit and lifestyle advantages. Maintenance fees include water and building insurance, but parking spots are allocated on a first‑come, first‑served basis, requiring early reservation.

Buyer Takeaway

For those evaluating condos for sale at 197 Yonge Street Toronto, the building offers more than a address — it delivers a lifestyle anchored by transit, walkability, and a vibrant micro‑neighborhood. Tony Sousa & The SOUSA TEAM leverage this unique positioning to provide confidential market analyses and off‑market alerts for qualified buyers.

Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 197 Yonge Street, Toronto, ON M5B 1M4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$12,000 (30.0%)
* Minimum Canadian down payment required for this price is $2,000.
Amortization Period30 Years
Estimated Monthly Payment$133Based on a loan of $28,000 over 30 years.
Purchase Price$40,000
Loan Amount$28,000
Provincial Land Transfer Tax:$200
Toronto Municipal Land Transfer Tax:$200
Total Estimated Closing Taxes:$400

About Purchasing a Home in Toronto, ON

For a property listed at $40,000 in Toronto, the legal minimum down payment is $2,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $200 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $200 also applies, bringing the total estimated land transfer taxes to $400.

Similar Listings in Church-Yonge Corridor, Toronto

Explore all Just Listed Homes in Toronto →

Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,385,382

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Toronto

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
John Ross Robertson
Public130 Glengrove Avenue West, Toronto, Ontario, M4R 1P2
8.5

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

Similar Active Listings in Toronto

Compare prices, square footage, and school zones for similar Residential Condo & Other nearby

All Toronto Homes
Residential Condo & Other for sale - 3 Bed, 3 Bath Home at 183 Wellington Street Toronto ON listed at $30,000 (MLS# C13715424)
Added 2 days ago
$30,000/mo
3bd
3ba
1kt
Residential Condo & Other

183 Wellington Street, Unit 4301, Toronto

Aug 26, 2026
DOM: 3

This fully furnished north-west corner residence offers approximately 2,600 square feet of refined l...

MLS#: C13715424
For Lease
Residential Condo & Other for sale - 0 Bed, 0 Bath Home at 251 Jarvis Street Toronto ON listed at $48,000 (MLS# C13702968)
Added 7 days ago
$48,000
0bd
0ba
Residential Condo & Other

251 Jarvis Street, Unit 12, Toronto

Aug 21, 2026
DOM: 8

Rare opportunity to own a parking space at 251 Jarvis Street, conveniently located in the heart of d...

MLS#: C13702968
For Sale
Residential Condo & Other for sale - 0 Bed, 0 Bath Home at 19 Grand Trunk Crescent Toronto ON listed at $50,000 (MLS# C13669782)
$50,000
0bd
0ba
Residential Condo & Other

19 Grand Trunk Crescent, Unit 91, Toronto

Aug 13, 2026
DOM: 16

Parking And Locker Room Combo Available For Purchase By Residents And Non Residents Of The Building....

MLS#: C13669782
For Sale
Residential Condo & Other for sale - 0 Bed, 0 Bath Home at 11 Brunel Court Toronto ON listed at $47,800 (MLS# C13618810)
$47,800
0bd
0ba
Residential Condo & Other

11 Brunel Court, Unit Parking #296, Toronto

Jul 29, 2026
DOM: 31

This Parking Space is Two Spots From The Lobby Entrance Door. A Parking Space May Make Your Unit Ea...

MLS#: C13618810
For Sale