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For saleMLS® C13647928

197 Yonge Street, Toronto, ON M5B 1M4

Church-Yonge Corridor · C08 · M5B 1M4

$40,000

+ $309/mo maintenance

3 months on market

Parking
1

What's special

  • 1 parking space

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About this property

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.

Features

  • None

Property details

Property

Property type
other
Possession
Immediate

Exterior & services

Parking spaces
1

Costs

List price
$40,000
Maintenance fee
$309 / month

Listing

MLS® number
C13647928
Status
For sale
Listed
August 6, 2026
Days on market
90
Last updated
August 6, 2026
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 20% of comparable other listings in Church-Yonge Corridor are asking less.

$36KMedian $58K$75K

Based on 10 comparable active other listings in Church-Yonge Corridor. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $2,000
$2,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$210.11
Maintenance fee
$309.21
Estimated monthly
$519

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$200
Toronto municipal
$200
Total due on closing
$400

An estimate on the asking price of $40,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX CROSSROADS REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$40,000

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Comparable sales nearby

What similar homes in this area actually sold for.

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