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For sale · Parking Space

197 Yonge Street.

Church-Yonge Corridor, Toronto, ON M5B 1M4

In Massey Tower, 197 Yonge Street
On the market83 days
MLS® C13647928Courtesy of Re/max Crossroads Realty Inc.
Parking1

Buyer's market

Condo market in Church-Yonge Corridor. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 38 days. Market data

Sales-to-new-listings ratio, last 3 months: 33%
Months of supply: 6.7

What it means

  • Buyer's market in Church-Yonge Corridor: condos take about 38 days to sell.
  • About 6.7 months of condos for sale in Church-Yonge Corridor at the current pace of sales.

At a glance

Maintenance$309 / month
PossessionImmediate

About this home

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.

Suite details

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The suiteproperty type, style, possession
Property type
Parking Space
Style
Other
Possession
Immediate
Parking and storageparking
Parking
1
Fees and taxesmaintenance
Maintenance
$309/mo
Building and rulesstoreys in building
Storeys in building
C
What is includedAppliances and fixtures

One Parking space with remote FOB included

Building amenitiesMaintenance fee inclusions

Maintenance fee includes: Parking

What it could cost each month

— a month, estimated

With 20% down. Includes property tax and maintenance. Estimate only.

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  • Mortgage—
  • Maintenance—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

25 suites sold at Massey Tower in the last two years.

Sales activity in the building

Number of suites sold each quarter.

3 sold, Jan to Mar 2025 3 Jan–Mar 2025 6 sold, Apr to Jun 2025 6 Apr–Jun 2025 3 sold, Jul to Sep 2025 3 Jul–Sep 2025 4 sold, Oct to Dec 2025 4 Oct–Dec 2025 2 sold, Jan to Mar 2026 2 Jan–Mar 2026 3 sold, Apr to Jun 2026 3 Apr–Jun 2026 2 sold, Jul to Sep 2026 2 Jul–Sep 2026 0 Oct–Dec 2026 so far

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Sale and listing history

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The building and the area

Massey Tower

The building

Massey Tower

197 Yonge Street · 42 storeys

Concierge · Gym · Guest Suites · Party Room/Meeting Room

9For sale now
12For rent now
11Sold, last 12 months

Listing brokerage · MLS® C13647928Re/max Crossroads Realty Inc.Data last updated Aug 6, 2026 11:53 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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