197 Yonge Street, Unit 05, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $612,800 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free, Other
- equipped with central air central cooling and highly efficient forced air heating via ground source
Description
Rare Lower Penthouse Opportunity at Prestigious Massey Tower! Perched on the 59th floor, this spectacular Lower Penthouse Southeast Corner Suite offers breathtaking, unobstructed panoramic views of Lake Ontario, the CN Tower, and Toronto's iconic skyline through dramatic floor-to-ceiling windows and an expansive wraparound balcony. Wake up to stunning sunrises and enjoy an abundance of natural light throughout the day.This luxurious 1+Den suite features premium upgrades including engineered hardwood flooring throughout, designer cabinetry, elegant tile finishes, and a modern open-concept layout. The enclosed den with a door provides exceptional flexibility as a home office, guest room, or potential second bedroom.Located in the heart of downtown on prestigious Yonge Street, you're just steps to the Eaton Centre, Queen Subway Station, Toronto Metropolitan University (TMU), the Financial District, theatres, restaurants, and world-class shopping. Experience the ultimate urban lifestyle in one of Toronto's most desirable luxury residences.A rare opportunity to own a Lower Penthouse corner suite with truly unmatched lake and city views. Luxury living at its finest-don't miss this exceptional home!
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Property Summary
This condo apartment located at 197 Yonge Street, Toronto is currently for sale and has been available on SousaSells for 27 days. This property is listed at $612,800 with an estimated mortgage of $2,040* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 197 Yonge Street, Toronto is in the Church-Yonge Corridor neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Church-Yonge Corridor, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Built-In Oven
- Carpet Free
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 197 Yonge Street, Unit 05, Toronto, ON
Q.What is the asking price for 197 Yonge Street, Unit 05, Toronto, ON ?
The current listing price for 197 Yonge Street, Unit 05, Toronto, ON in Church-Yonge Corridor, Toronto is $612,800.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.
Q.What property type and architectural style is 197 Yonge Street, Unit 05, Toronto, ON ?
197 Yonge Street, Unit 05, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Built-In Oven, Carpet Free, Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Ground Source and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 197 Yonge Street 5905, Toronto, 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 $612,800 in Toronto, the legal minimum down payment is $36,280 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 $8,731 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,731 also applies, bringing the total estimated land transfer taxes to $17,462.
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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.