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    197 Yonge Street

    The Massey Tower
    15for Sale
    32for 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 Church - Toronto

    Amenities

    Concierge
    Indoor Pool
    Rooftop Deck
    Party Room
    Rec Room
    Guest Suites

    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.

    Reviews for The Massey Tower

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    15

    Listings For Sale

    Interested in receiving new listings for sale?

    32

    Listings For Rent

    Interested in receiving new listings for rent?

    197 Yonge St, unit 1612 for rent
    $2,000/mth
    Price Cut: $100 (Dec 13)
    197 yonge stChurch - TorontoUnit 1612
    Studio 1 Bath0 Parking
    Available Jan 9, 2025
    197 Yonge St, unit 1708 for rent
    $2,080/mth
    197 yonge stChurch - TorontoUnit 1708
    Studio 1 Bath383 SQFT0 Parking
    Available Dec 23, 2024
    197 Yonge St, unit 3112 for rent
    $2,080/mth
    197 yonge stChurch - TorontoUnit 3112
    Studio 1 Bath378 SQFT0 Parking
    Available Jan 1, 2025
    197 Yonge St, unit 5313 for rent
    197 yonge stChurch - Toronto
    Studio 1 Bath307 SQFT0 Parking
    Available Jan 1, 2025
    197 Yonge St, unit 1312 for rent
    $2,150/mth
    197 yonge stChurch - TorontoUnit 1312
    Studio 1 Bath0 Parking
    Available Dec 1, 2024
    197 Yonge St, unit 1513 for rent
    $2,150/mth
    197 yonge stChurch - TorontoUnit 1513
    Studio 1 Bath340 SQFT0 Parking
    Available Nov 15, 2024
    197 Yonge St, unit 2004 for rent
    $2,195/mth
    197 yonge stChurch - TorontoUnit 2004
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available Dec 1, 2024
    197 Yonge St, unit 1808 for rent
    $2,200/mth
    197 yonge stChurch - TorontoUnit 1808
    Studio 1 Bath0 Parking
    Available Dec 15, 2024
    197 Yonge St, unit 3408 for rent
    $2,200/mth
    197 yonge stChurch - TorontoUnit 3408
    Studio 1 Bath440 SQFT0 Parking
    Available Immediately
    197 Yonge St, unit 3208 for rent
    $2,200/mth
    197 yonge stChurch - TorontoUnit 3208
    Studio 1 Bath0 Parking
    Available Jan 1, 2025
    197 Yonge St, unit 5504 for rent
    $2,300/mth
    197 yonge stChurch - TorontoUnit 5504
    1 Bed1 Bath520 SQFT0 Parking
    Available Dec 5, 2024
    197 Yonge St, unit 1103 for rent
    $2,300/mth
    197 yonge stChurch - TorontoUnit 1103
    1 Bed1 Bath578 SQFT0 Parking
    Available Immediately
    197 Yonge St, unit 3514 for rent
    $2,300/mth
    197 yonge stChurch - TorontoUnit 3514
    1 Bed + 11 Bath610 SQFT0 Parking
    Available To Be Arranged
    197 Yonge St, unit 2510 for rent
    $2,300/mth
    197 yonge stChurch - TorontoUnit 2510
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Feb 1, 2025
    197 Yonge St, unit 2604 for rent
    $2,300/mth
    197 yonge stChurch - TorontoUnit 2604
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available Immediately
    197 Yonge St, unit 3911 for rent
    $2,350/mth
    197 yonge stChurch - TorontoUnit 3911
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Dec 1, 2024
    197 Yonge St, unit 4805 for rent
    $2,400/mth
    197 yonge stChurch - TorontoUnit 4805
    1 Bed + 11 Bath600 - 699 SQFT0 Parking
    Available Mar 1, 2025
    197 Yonge St, unit 1211 for rent
    $2,400/mth
    197 yonge stChurch - TorontoUnit 1211
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Dec 1, 2024
    197 Yonge St, unit 3114 for rent
    $2,400/mth
    197 yonge stChurch - TorontoUnit 3114
    1 Bed + 11 Bath610 SQFT0 Parking
    Available Immediately -TBD
    197 Yonge St, unit 2714 for rent
    $2,400/mth
    197 yonge stChurch - TorontoUnit 2714
    1 Bed + 11 Bath610 SQFT0 Parking
    Available Jan 15, 2025
    197 Yonge St, unit 3007 for rent
    $2,400/mth
    197 yonge stChurch - TorontoUnit 3007
    1 Bed1 Bath566 SQFT0 Parking
    Available Jan 28, 2025
    197 Yonge St, unit 1204 for rent
    $2,400/mth
    Price Increase: $200 (Oct 15)
    197 yonge stChurch - TorontoUnit 1204
    1 Bed1 Bath559 SQFT0 Parking
    Available Flexible
    197 Yonge St, unit 3707 for rent
    $2,450/mth
    197 yonge stChurch - TorontoUnit 3707
    1 Bed1 Bath557 SQFT0 Parking
    Available Feb 1, 2025
    197 Yonge St, unit 5403 for rent
    $2,500/mth
    197 yonge stChurch - TorontoUnit 5403
    1 Bed1 Bath500 - 599 SQFT1 Parking
    Available Nov 4, 2024
    197 Yonge St, unit 07 for rent
    $2,500/mth
    197 yonge stChurch - TorontoUnit 07
    1 Bed1 Bath500 - 599 SQFT1 Parking
    Available Dec 15, 2024
    197 Yonge St, unit 3103 for rent
    $2,500/mth
    197 yonge stChurch - TorontoUnit 3103
    1 Bed1 Bath559 SQFT0 Parking
    Available Oct 1, 2024
    197 Yonge St, unit 4605 for rent
    $3,200/mth
    Price Cut: $200 (Dec 13)
    197 yonge stChurch - TorontoUnit 4605
    1 Bed + 11 Bath645 SQFT0 Parking
    Available Oct 8, 2024
    197 Yonge St, unit 5002 for rent
    197 yonge stChurch - Toronto
    2 Beds2 Baths882 SQFT1 Parking
    Available Nov 14, 2024
    197 Yonge St, unit 4202 for rent
    $3,449/mth
    197 yonge stChurch - TorontoUnit 4202
    2 Beds2 Baths800 - 899 SQFT1 Parking
    Available Jan 1, 2025
    197 Yonge St, unit 5102 for rent
    $3,500/mth
    Price Cut: $700 (Nov 21)
    197 yonge stChurch - TorontoUnit 5102
    2 Beds2 Baths888 SQFT1 Parking
    Available Immediately
    197 Yonge St, unit 4602 for rent
    $3,600/mth
    197 yonge stChurch - TorontoUnit 4602
    2 Beds2 Baths882 SQFT1 Parking
    Available Jan 1, 2025
    197 Yonge St, unit 5902 for rent
    $3,800/mth
    197 yonge stChurch - TorontoUnit 5902
    2 Beds2 Baths800 SQFT0 Parking
    Available Jun 23, 2025

    Explore Church - Toronto

    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
    10,008
    Average Individual Income
    $65,836
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $109,948
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    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+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    10%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Urdu
    1%
    Tamil
    1%
    Education
    University and Above
    39%
    High School
    22%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The Massey Tower vs The Church - Toronto Area

    Days on Strata

    Units at The Massey Tower spend an average of
    30
    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

    -22%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 77 condos in the Church - Toronto area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    180
    Units were Rented over the past twelve months

    Best Value Rank

    The Massey Tower offers the
    ?
    best value out of 77 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    The Massey Tower has the
    ?
    highest ROI out of 77 condos in the Church - Toronto neighbourhood

    Rental Yield

    The Massey Tower yields the
    ?
    highest rent prices out of 77 condos in the Church - Toronto neighbourhood

    High Demand

    The Massey Tower is the
    ?
    most popular building out of 77 condos in the Church - Toronto neighbourhood

    Transaction Insights at 197 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$600,000$545,000 - $639,000$598,000 - $648,000$808,000 - $901,000No Data$755,000 - $1,179,000
    Avg. Cost Per Sqft$1,750$1,057$969$978No Data$1,160
    Avg. Wait for Unit Availability58 Days31 Days43 Days123 DaysNo Data100 Days
    Ratio of Units in Building21%38%30%8%1%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in Church - Toronto