197 Yonge Street
197 Yonge Street
$40,000
6 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $174 |
| Property Tax (est.) | $22 |
| Maintenance Fees | $309 |
| Total Monthly Cost | $505 |
Down payment: $8,000 (20.0%) · Mortgage: $32,000
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
The Massey Tower Condos
Red Bricks Databy MOD Developments Inc. · 197 Yonge Street
Maint. Fees
0.53
Locker
$7,900
Occupancy
2019
Listing provided by RE/MAX CROSSROADS REALTY INC.
Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.
Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.
MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.
Data last updated: August 23, 2026 at 06:25 a.m.