3005-197 Yonge St
Church-Yonge Corridor, Toronto, Ontario M5B 1M4
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $982at the range’s middle
- Tax a year
- $3,4532026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 3005-197 Yonge St
3005-197 Yonge St is a 1+1-bedroom, 1-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $638,000 (MLS® C14136190).
Bright And Spacious Corner Junior 2 bedrooms according to the Builder. Each bedroom with window. Best Southeast Exposure To CN Tower And Lake View. Higher Level, Clear View. Walking Distance To Ryerson University, Queen Subway Station, St Michael Hospital, Massey Hall, Financial District, Eaton Centre Across The Street. Home Sense, City Hall, Public Transit, Restaurants, And Entertainment.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall31/100−$1,127/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 180 condos with 2 bedrooms for lease in Church-Yonge Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,453 / 2026
- MLS® number
- C14136190
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Church-Yonge Corridor
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Metal/Side
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $728
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 3005-197 Yonge St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $638,000 | N/A | For Sale | C14136190 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $127,600
- Total mortgage amount
- $510,400
- Total interest payment
- $362,900
- Total purchase cost
- $1,000,900
- Mortgage payment
- $2,911/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
51%Monthly carrying cost
$3,927- Rent $2,800
- Shortfall $1,127
Rental income opens at $2,800, the median asking rent of 180 comparable homes for lease in Church-Yonge Corridor. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $9,235
- Toronto municipal land transfer tax
- $9,235
- Total land transfer tax
- $18,470
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $9,995
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $638,000
- $4,760
- Ontario total
- $9,235
Toronto’s municipal tax uses the same brackets at this price, so it adds another $9,235.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- On the Heritage Register — Part IV, by-law 131-90, 49-2015
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
20 building permits cleared at this address in the City’s file.
Garage Repair/ReconstructionClosed
Replacement of three (3) exterior doors. Removal and infilling of one (1) exterior door. Re-slope interlocking pavers in front of exterior doors. Installation of new trench drain.
Issued October 31, 2025
Interior AlterationsClosed
Proposal for interior alterations to a base building shell commercial space to be converted into a new premises used for an office tenant. This new office tenant will be located on Level 2 & the Mezzanine Level of this mixed-use building. [Block A Lands]
Issued June 13, 2024
Building Permit Related(PS)Closed
Plumbing - Proposal to construct interior alterations to existing office space
Issued June 13, 2024
Building Permit Related(MS)Closed
HVAC - Proposal to construct interior alterations to existing office space
Issued June 13, 2024
Alternative SolutionRefused
The project is a multi-use residential building (Massey Tower) located at 197 Yonge Street in Toronto, Ontario. The first and second storeys of the building are proposed to contain commercial suites (Group A, Division 2 and Group E major occupancies).The fire compartment of Suite 100 is located in the northwest corner of the building and contains an interconnected floor space between the first and second storey floor areas. The north exposing building face of the compartment incorporates multiple glazed assemblies in its exterior walls as part of its architectural design. The area of glazed openings proposed for the north exterior wall of Suite 100 exceeds that permitted for the exposing building face of the fire compartment.It is proposed to protect the glazed openings of the suite by means of an alternative solution so that the area of unprotected openings is below the percentage permitted. The mitigating features of the alternative solution consist of closely-spaced sprinkler protection of the openings in the exterior wall.
Completed February 10, 2021
Building Permit Related(MS)Cancelled
Rev 3: HVAC -
Completed February 19, 2021
Alternative SolutionApproved
Alternative solution for " Exposure Protection " see application form for details - see 13 237742
Completed January 10, 2020
Alternative SolutionApproved
Proposed alternative solution to adjust car elevator protection guards in parking garage.
Completed September 5, 2019
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
15 RICHMOND ST ESite planUnder Review
Official Plan and Zoning By-law Amendment application to permit a 71-storey mixed-use building containing 126 square metres of retail space on the ground floor and 565 residential dwelling units above.
140 m away15 RICHMOND ST EOfficial plan or zoning amendmentAppeal Received
Official Plan and Zoning By-law Amendment application to permit a 71-storey mixed-use building containing 126 square metres of retail space on the ground floor and 565 residential dwelling units above.
140 m away239 YONGE STOfficial plan or zoning amendmentUnder Review
Combined Official Plan & Zoning By-law Amendment for a 67-storey mixed use building with 787 square metres of non-residential uses at grade. A total of 774 residential units are proposed.
150 m away239 YONGE STSite planUnder Review
Site Plan Approval for a 67-storey mixed use building with 787 square metres of non-residential uses at grade. A total of 774 residential units are proposed.
150 m away20 ALBERT STPlan of subdivisionUnder Review
Draft Plan of Subdivision for 4 development Blocks.
160 m away241 YONGE STOfficial plan or zoning amendmentUnder Review
Combined Official Plan & Zoning By-law Amendment for a 67-storey mixed use building with 787 square metres of non-residential uses at grade. A total of 774 residential units are proposed.
160 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Church-Yonge Corridor right now
- For sale now
- 363
- Median asking price
- $580K
- New in 7 days
- 41
- Price cuts
- 20%
Middle half: $488K to $751K
136 in 28 days
71 listings
This home is asking 10% above the median.
See all homes in Church-Yonge CorridorAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Queen Station | TTC subway: Line 1 Yonge-University | 50 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 400 m |
| King Station | TTC subway: Line 1 Yonge-University | 500 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 650 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 850 m |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 250 m | 99%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 700 m | 96%Grade 6 average |
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1 km | 65%Grade 6 average |
| Church Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 1.1 km | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 250 m | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1 km | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 1.1 km | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.2 km | 8%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Church-Yonge Corridor are shown to signed-in members.