5709 - 197 Yonge Street

Introducing an exceptional opportunity to acquire a stunning condo for sale in Toronto , located at 197 Yonge Street, Toronto. This luxurious three-bedroom, two-bathroom suite offers a rare and phenomenal million-dollar view, showcasing breathtaking vistas of the CN Tower and the serene lake. The suite is situated in the heart of the Church-Yonge Corridor, a vibrant community that boasts an array of amenities and conveniences, making it an ideal choice for those seeking a sophisticated urban lifestyle.

As you enter this remarkable condo for sale in Toronto, you are greeted by an expansive open-concept living space that is both large and sunny, perfect for entertaining guests or enjoying quiet evenings at home. The modern kitchen, located on the ground floor, is designed with functionality in mind, providing ample space for culinary creativity. The suite features a total of six rooms, including three generously sized bedrooms that offer comfort and privacy, as well as two well-appointed bathrooms that cater to the needs of both residents and visitors.

The exterior of the building is a blend of concrete and metal/steel siding, showcasing a contemporary aesthetic that is both striking and durable. This condo for sale in Toronto is part of the prestigious Massey Tower, which is renowned for its five-star amenities. Residents can enjoy 24/7 concierge services, a fully equipped gym, a sauna, and a steam room, ensuring that every aspect of luxury living is catered for. Additionally, the building features a piano bar and cocktail lounge, a party room for social gatherings, and guest suites for visitors, providing a truly elevated living experience.

Located directly across from the Eaton Centre, this condo for sale in Toronto places you in the midst of a bustling urban environment. The area is well-connected, with easy access to the underground PATH, which offers a convenient route to the financial district, hospitals, universities, theatres, and a plethora of shopping options. The proximity to St. Lawrence Market and City Hall further enhances the appeal of this location, making it a vibrant hub for both work and leisure.

For those who value convenience, this property includes one garage space and an additional parking space, ensuring that you have ample room for your vehicle. The suite is unfurnished, allowing you the freedom to personalise your living space to reflect your unique style. With central air conditioning and forced air heating, comfort is guaranteed throughout the year.

It is worth noting that this condo for sale in Toronto does not include a pool, fireplace, or central vacuum system, but the abundance of amenities within the Massey Tower more than compensates for these features. The building is relatively new, with an age of 0-5 years, ensuring that you will be residing in a modern and well-maintained environment.

The beautifully restored lobby of the Massey Tower, which was originally a bank building dating back to 1905, adds a touch of historical charm to this contemporary residence. This unique blend of old and new creates a welcoming atmosphere that is sure to impress both residents and guests alike.

In summary, 197 Yonge Street, Toronto, presents a rare opportunity to own a luxurious condo for sale in Toronto, complete with stunning views, modern amenities, and a prime location in the Church-Yonge Corridor. Whether you are looking for a vibrant urban lifestyle or a serene retreat, this property offers the perfect balance of both. Don't miss out on this piece of heaven to make your home—schedule a viewing today and experience the exceptional lifestyle that awaits you at the Massey Tower.

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood renowned for its striking blend of urban sophistication and cultural diversity. This bustling area is characterised by its impressive skyline, featuring a mix of historic buildings and modern high-rises, creating a unique architectural tapestry. Residents enjoy an array of amenities, including trendy cafes, eclectic shops, and a thriving arts scene, all within easy reach. The corridor is well-served by public transport, making it a convenient hub for commuting to other parts of the city. With its lively atmosphere and a strong sense of community spirit, the Church-Yonge Corridor offers an enticing urban lifestyle for those seeking the excitement of city living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Downtown Alternative School (0.9 km), a well-rated public school offering grades JK to 8, with a commendable rating of 8.4. Another nearby option is Kapapamahchakwew - Wandering Spirit School (0.8 km), which caters to grades 9 to 12, although it currently holds a rating of 0. For younger students, Ryerson Community School (1.9 km) offers French language instruction for grades JK to 8, but has a lower rating of 3.8. St. Michael Catholic School (1.0 km) provides an English curriculum for grades JK to 8 and has a solid rating of 7.1. Additionally, St. Joseph's College School (1.5 km) serves grades 9 to 12 with a rating of 7.6, while St. Mary Catholic School (2.2 km) offers French education for grades JK to 4, with a rating of 5.7. Overall, this area boasts a variety of schooling options, catering to different educational needs and preferences, enhancing its appeal for potential buyers with children.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 3,548 residents, with an average household size of 1.6 individuals. The demographic is relatively young, with an average age of 32.9 years. The average household income stands at $71,500, although 26.8% of the population is classified as low-income. A significant portion of the community is single, comprising 65.11% of the population, while households with children make up 18.55%. The area is notably diverse, with 41.42% of residents being immigrants. Housing trends indicate a high percentage of renters at 75%, and condos are prevalent, accounting for 78.1% of the housing market. Education levels are impressive, with 82.81% of residents holding a college or university degree. However, 20.03% of the population is not participating in the labor force, which may reflect various socio-economic factors. The average property price in the area is $748,000, suggesting a competitive real estate market. Overall, this community presents a blend of youthful energy, educational attainment, and diverse backgrounds, making it an intriguing location for potential homeowners and investors alike.