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              #5508 197 Yonge Street North

              near Yonge St. & Queen St
              Price Changed -$10,000 (2020-10-22) $618,000 0+0bdr • 1ba • 1kit • 0-499sf
              Average Income
              $55,168
              Population Age
              35 y/old
              School Score
              6.00/10
              Price Index Change 1y
              +6.96%
              Price Index Change 3y
              +30.51%
              Rent Index Change 1y
              -8.32%
              Rent Index Change 3y
              +3.85%

              Condo Apt • Apartment #5508 • 55 Level

              #5508 197 Yonge Street North, Bay Street Corridor, Toronto
              • Rooms and Bathrooms 0+0 bedr, 1 bath
              • Kitchens 1
              • area 0-499
              • garage 0.0 Undergrnd
              • exposure S
              • age New
              • locker Owned
              • possession

                Tba

              $618,000

              n/a

              $283.00/m

              CALCULATED NUMBERS:

              $2319.00

              calculator

              $1774

              3

              97 Walker's Paradise

              100 Rider's Paradise

              75 Very Bikeable

              6.00/10

              Location Details
              • Toronto

              • Toronto

              • Bay Street Corridor

              • Yonge St. & Queen St

              • M5B1M4

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              HOMELIFE LANDMARK REALTY INC., BROKERAGE

              Property Overview
              Breathtaking South Facing Lakeview Unit Located In The Heart Of The City And Directly Across The Street From The Eaton Center. 5-Star State Of The Art Amenities: 2 Concierges, Lounge, Exercise Room, Steam Room, Sauna, Rain Room, Juice Bar, Piano Lounge, Guest Suites And So Much More! Steps From Massey Hall, The Path, 2 Subway Stations And Financial District.
              Extras: European Style Appliances: B/I Fridge, Washer /Dryer, Dishwasher, Cooktop, Luxury Blinds, 2 Lockers
              Property Features
              • Clear View
              • Hospital
              • Park
              • Place Of Worship
              • Public Transit
              • School
              • Concrete
              • Concierge
              • Exercise Room
              • Guest Suites
              • Sauna
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Building Insurance Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Parking Included
              • Street Direction
              • Seller Property Info Statement
              • Water Included
              • Family Room
              • Cable TV Included
              • Central Vac
              Rooms details
              Living
              • Main Level
              • Combined W/Dining
              • Open Concept
              Kitchen
              • Main Level
              • Combined W/Dining
              • Open Concept
              Master
              • Main Level
              • Combined W/Dining
              • Open Concept
              Basement
              • None
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              Travel Times, Streetview, Walkscore
              5508 197 Yonge Street North Property & Location Overview Powered By AIDA
              Listing Overview

              General:

              5508 197 Yonge Street North is a condo apt apartment, located in Bay Street Corridor of city of Toronto, Toronto region, near Yonge St. & Queen St, and has been available for sale on CondosDirect since 2020-10-16. This unit is located at level 55 of the building and has South exposure of Yonge N St. Condo registry office is TSCC, corporation number 2739.

              Lot Size and Living Area:

              5508 197 Yonge Street North has 2+0 rooms in total, including 0+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 0-499 square feet. 197 Yonge Street North building is appriximately New years old.
              0.0 parking space(s) are and located undergrnd at level . The locker is owned. An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Clear View, Hospital, Park, Place Of Worship, Public Transit, School at, or near the property.
              AIDA has also found the following features: Price Change, and possible sellers motivation indicators such as Reduced Asking Price, Flexible Possession.

              Price & Cost Overview

              General:

              5508 197 Yonge Street North condo apt is listed for $618,000. And the monthly maintenance fee was $283.

              Comparative Market Analysis:

              There are similar 0+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $493,451.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,319, assuming $618,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization. Add property tax and condo maintenance fee to calculate your total expenses per month.
              Use our Mortgage and Investment Calculator, customized especially for 5508 197 Yonge Street North, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Bay Street Corridor, where 197 Yonge Street North is located, has $788,068 Home Price Index, and $2,346 Home Rent Index. Average household income at dissemination area of 197 Yonge Street North is $55,168, and average polulation age is 35 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,127, and average Home Rent Index $2,580.

              Similar Properties & Community Details:

              There are similar to 5508 197 Yonge Street North 0 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 197 Yonge Street North.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Bay Street Corridor neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 197 Yonge Street North, or schools, which boundaries this address belongs to with an average School Score 6.00 out of 10. Here are more details about these schools:
              1. Lord Dufferin Junior and Senior Public School (Grades JK-08), Public, Intermediate, ranked as Good.
              2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 97, 100, and 75 accordingly, location of 197 Yonge Street North overall can be described as Walker's Paradise, Rider's Paradise, and Very Bikeable.

              5508 197 Yonge Street North Listings History Powered by AIDA
              Church-yonge Corridor, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (103 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 36 to 44 properties like that to be sold in Bay Street Corridor during the next 30 days.
              Seasonal sales fluctuation is showing 19% inventory increase comparing to the average annual number, which is equvalent to 33.75 properties sold per month, and 28% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 10 days, which is 9 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
              Seasonal sales fluctuation is showing -2% D.O.M. decrease comparing to the average annual number, which is equvalent to 18 D.O.M., and 3% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Bay Street Corridor.
              The selling to asking price ratio is growing in Bay Street Corridor.
              This property has been on the market for less than average number of days it takes a home to sell in Bay Street Corridor (18.5) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4956548 Comparative Market Analysis
              5508 197 Yonge Street North Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Church-yonge Corridor, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +6.96% comparig to the City of Toronto average of +6.15%

              Price Index 3y

              Price Index change was +30.51% comparig to the City of Toronto average of +6.955%

              Rent Index 1y

              Rent Index change was -8.32% comparig to the City of Toronto average of +1.195%

              Rent Index 3y

              Rent Index change was +30.51% comparig to the City of Toronto average of +6.955%

              Walkscore

              Walkscore 97 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 100 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.00 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $7,800 Cashback
              $519,800
              1+1br 1ba 600-699sf

              Prop Tax

              $1,709

              Condo Fee

              $543

              Exposure

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              Mortg/m

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              WalkScore

              71

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              $529,900
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              WalkScore

              64

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              $10,400 Cashback
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              Condo Fee

              $576

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              91

              Compare n/a

              $7,500 Cashback
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              45

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              $7,500 Cashback
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