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$509,900
DOM48daysMassey Tower · 197 YONGE ST Street · Toronto · Ontario M5B 0C1
48 days on market
Excellent Location! 1 Bedroom Located in Core of Downtown. Fresh Paint. 9 Feet Ceiling. Floor to Ceiling Windows. Steps to Queen Subway Station, Eaton Centre, Massey Hall, St. Michael's Hospital. Within Walking Distance to Ryerson University, Financial District, City Hall, Public Transit, Restaurants, Entertainment & Shopping. 24 Hour Concierge, Fitness Centre, Guest Suites, Party Room, Etc.
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: DREAM HOME REALTY INC.
Source: TRREB/PROPTX · MLS® C13748324
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~550 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 42% of your true cost of ownership. The other 58% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $23,213 | $1,934/mo |
| Government & taxes | ||
| Property tax | $2,866 | $239/mo |
| Land transfer tax(closing) | $6,673 | $556/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%) | $5,099 | $425/mo |
| Condo fees | ||
| Condo / HOA fees | $6,697 | $558/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 | $55,208 | $4,601/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.