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MLS® C13748324For SaleCondominium

1701-197 YONGE ST St

Church-Yonge Corridor, Toronto, Ontario M5B 0C1

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1701-197 YONGE ST St, Toronto, photo 1
Asking$495,000
Bedrooms
1
Bathrooms
1
Size
500–599sq ft
Per sq ft
$901at the range’s middle
Tax a year
$2,8662025 tax year
Parking
0none
Days on market
Members

The brief

About 1701-197 YONGE ST St

1701-197 YONGE ST St is a 1-bedroom, 1-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $495,000 (MLS® C13748324).

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.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$756/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 97 condos with 1 bedroom 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
$2,866 / 2025
MLS® number
C13748324
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
500-599 sqft
Listed on
Parking
None, 0 Parking
Listing brokerage: DREAM HOME REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Church-Yonge Corridor
Municipality
Toronto

Building

Size
500-599 sqft
Construction
Concrete

Inside

Bedrooms
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
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Fridge, Stove, Microwave, Dishwasher, Washer & Dryer, Electrical Light Fixtures, Window Covering
Condo maint.
$558

Rooms

RoomSizeFeaturesLevel
Living3.23 × 6.07 mLaminate, Combined W/Dining, Window Flr to CeilFlat
Dining3.23 × 6.07 mLaminate, Combined W/Kitchen, Open ConceptFlat
Kitchen3.23 × 6.07 mLaminate, B/I Appliances, Modern KitchenFlat
Primary2.82 × 2.92 mLaminate, Closet, Window Flr to CeilFlat

Listing history

Buy/sell history for 1701-197 YONGE ST St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$495,000N/APcC13748324

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $99,000

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
$99,000
Total mortgage amount
$396,000
Total interest payment
$281,700
Total purchase cost
$776,700
Mortgage payment
$2,259/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

47%

Monthly carrying cost

$3,056
−$756per month
  • Rent $2,300
  • Shortfall $756

Rental income opens at $2,300, the median asking rent of 97 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
$6,375
Toronto municipal land transfer tax
$6,375
Total land transfer tax
$12,750
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$4,275
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 $495,000
$1,900
Ontario total
$6,375

Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,375.

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 Yossi Kaplan, MBA, Salesperson 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

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

16 records · 10 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas315 building permits issued within 250 m in the last 2 years16 open development applications within 250 mNearest airport: 2.3 kmNearest rail line: 900 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m2 facilities within 1 km report pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m32 test or monitoring holes also recorded.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 315 building permits issued within 250 m in the last 2 years250 m
  • 16 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 2.3 km2.3 km

Province of Ontario open data · Municipal building permits · Municipal development applications

Around the home2

  • Nearest rail line: 900 m900 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 670 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

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. 438-86
Outside By-law 569-2013

What 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

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 away

  • 15 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 away

  • 239 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 away

  • 239 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 away

  • 20 ALBERT STPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 4 development Blocks.


    160 m away

  • 241 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
365
Median asking price
$580K

Middle half: $488K to $750K

New in 7 days
44

139 in 28 days

Price cuts
19%

71 listings

This home is asking 15% below the median.

See all homes in Church-Yonge Corridor

Asking 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

Transit nearby

StationLinesDistance
Queen StationTTC subway: Line 1 Yonge-University50 m
TMU StationTTC subway: Line 1 Yonge-University400 m
King StationTTC subway: Line 1 Yonge-University500 m
Osgoode StationTTC subway: Line 1 Yonge-University650 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train850 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

ElementaryTypeDistanceEQAO average 2024–25
St Michael's Choir (Jr) SchoolToronto CDSBCatholic · grades 1–8 · French Immersion250 m99%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–6700 m96%Grade 6 average
St Michael Catholic SchoolToronto CDSBCatholic · grades JK–81 km65%Grade 6 average
Church Street Junior Public SchoolToronto DSBPublic · grades JK–61.1 km72%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–12250 m96%Grade 9 math
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–121 km86%Grade 9 math
Native Learning CentreToronto DSBPublic · grades 9–121.1 km—
Heydon Park Secondary SchoolToronto DSBPublic · grades 9–121.2 km8%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.

Email Yossi Kaplan, MBA, Salesperson