Welcome to elevated urban living at 197 Yonge St, Suite 2412 - a bright and modern studio perfectly designed for those who want to be in the heart of downtown Toronto. Perched on a high floor with sweeping city views, this thoughtfully laid-out unit features 9' ceilings, floor-to-ceiling windows, a contemporary kitchen with quartz countertops, and a functional layout that maximizes both living and sleeping space.This is an excellent turnkey investment opportunity with a tenant already in place, offering immediate rental income from day one. Buyer to assume existing tenant.Ideally located directly across from the Eaton Centre and Yonge-Dundas Square, with immediate access to Queen Subway Station, the Financial District, Toronto Metropolitan University, University of Toronto, St. Michael's Hospital, and endless dining, shopping, and entertainment.Residents enjoy access to premium amenities including a 24-hour concierge, rooftop lounge, garden terrace, guest suites, and more.Whether you're looking to grow your portfolio or secure a centrally located asset, this unit represents exceptional value in one of Toronto's most sought-after locations.
Address
2412 - 197 Yonge Street
List Price
$415,000
MLS® Status
New
Expiration Date
2026-12-31
Property Type
Residential Condo & Other
Type of Dwelling
Condo Apartment
Style of Home
Apartment
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Church-Yonge Corridor
Region
Toronto
Rooms Above Grade
4
Bathrooms
1
Floor Area
0-499 Sq. Ft.
Square Foot Source
Builder
Occupant Type
Tenant
Cross Street
YONGE/SHUTER
Maint. Fee
$333.20
MLS® Number
C13017782
Listing Brokerage
REVEL REALTY INC.
Basement Area
None
Postal Code
M5B 1M4
Posession Details
flexible
Parking
None
Tax Amount
$2,217.02
Tax Year
2025
Property Management Company
First Service Residential
Pets
Yes-with Restrictions
Interior Features
Carpet Free
Central Vacuum
No
Family Room
No
Ensuite Laundry
Yes
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Association Amenities
Concierge, Exercise Room, Game Room, Party Room/Meeting Room, Rooftop Deck/Garden
Association Fee Includes
Common Elements Included, CAC Included, Building Insurance Included
Association Name
TSCC
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Balcony Type
Open
Construction Materials
Brick, Concrete
Exposure
North West
Fireplace
No
Garage
Yes
Garage Type
Underground
Kitchens Total
1
Kitchens Above Grade
1
Laundry Features
In-Suite Laundry
Legal Level Number
24
Waterfront
No
Locker
None
Building Name
Massey Tower
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Flat | Living Room | 5.94 x 2.41 | Laminate, Open Concept |
| Flat | Dining Room | 5.94 x 3 | Combined w/Dining, Laminate, Open Concept |
| Flat | Kitchen | 2.64 x 1.3 | Laminate, Stainless Steel Appl |
