Home · Buy · Toronto C08 · 197 Yonge Street 5905, Toronto, ON M5B 1M4
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For Sale · Condo Apartment
197 Yonge Street 5905, Toronto, ON M5B 1M4
Toronto C08 · Church-Yonge Corridor
ApartmentUnderground garageSouth exposure
1 + 1
Beds
1
Baths
1
Parking
600-699
Sq ft
—
Built
The honest picture
List price
$612,800
Renavu Estimate
—
Benchmark · Condo Apt
$437,000
Listed 40% above the Church-Yonge Corridor benchmark for condo apt homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Rare Lower Penthouse Opportunity at Prestigious Massey Tower! Perched on the 59th floor, this spectacular Lower Penthouse Southeast Corner Suite offers breathtaking, unobstructed panoramic views of Lake Ontario, the CN Tower, and Toronto's iconic skyline through dramatic floor-to-ceiling windows and an expansive wraparound balcony. Wake up to stunning sunrises and enjoy an abundance of natural light throughout the day.This luxurious 1+Den suite features premium upgrades including engineered hardwood flooring throughout, designer cabinetry, elegant tile finishes, and a modern open-concept layout. The enclosed den with a door provides exceptional flexibility as a home office, guest room, or potential second bedroom.Located in the heart of downtown on prestigious Yonge Street, you're just steps to the Eaton Centre, Queen Subway Station, Toronto Metropolitan University (TMU), the Financial District, theatres, restaurants, and world-class shopping. Experience the ultimate urban lifestyle in one of Toronto's most desirable luxury residences.A rare opportunity to own a Lower Penthouse corner suite with truly unmatched lake and city views. Luxury living at its finest-don't miss this exceptional home!
Property details
Listed on
July 10, 2026
Days on market
14 days
Property tax
$3,982.34 (2025)
Style
Apartment
Heating
Forced Air
Cooling
Central Air
MLS®
C13548262
Full details
Parking
GarageUnderground
Total parking1
Parking featuresUnreserved
Room dimensions
Room
Level
Dimensions
Features
Living Room
Flat
4.75 × 3.86
—
Kitchen
Flat
4.75 × 3.86
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Bedroom
Flat
2.67 × 2.64
—
Den
Flat
1.5 × 3.02
—
Bathroom
Flat
2.44 × 1.52
—
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.9%
$
Down:or type any amount above
This price requires at least 5.9% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$8,731
Toronto municipal LTT$8,731
Legal · title · inspection$2,800
Closing costs$20,262
Down payment$36,280
Total cash to close$56,542
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.