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$780,000
Massey Tower · 197 Yonge Street · Toronto · Ontario M5B 0C1
106 days on market
Welcome to Suite 3802 at Massey Tower, an exceptional residence in the heart of Toronto's most vibrant and dynamic neighbourhood. Stunning North East Views of Dundas Square and Lake views! Perfectly positioned steps from Yonge-Dundas Square, directly across from the Eaton Centre, with TTC subway access at your doorstep, this is true downtown living at its finest. Enjoy effortless access to the Financial District, Toronto Metropolitan University, St. Michael's Hospital, Hospital Row, world-class…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: ROYAL LEPAGE SIGNATURE REALTY
Source: TRREB/PROPTX · MLS® C13542626
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $35,509 | $2,959/mo |
| Government & taxes | ||
| Land transfer tax(closing) | $12,075 | $1,006/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,800 | $650/mo |
| Condo fees | ||
| Condo / HOA fees | $13,330 | $1,111/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $79,374 | $6,615/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.