197 Yonge Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium other and stone construction, this residence presents an exceptional opportunity offered at $399,900 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 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 197 Yonge Street 2612, Toronto C08, ON M5B 1M4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $399,900 in Toronto, the legal minimum down payment is $19,995 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 $4,474 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,474 also applies, bringing the total estimated land transfer taxes to $8,947.
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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.
