$40,000
Est. payment $177/moCalculate yours
197 Yonge Street, Toronto, ON M5B 1M4
Church-Yonge Corridor, Toronto, ON M5B 1M4
- 0 Beds
- 0 Baths
- 1 Garage
Listing courtesy of RE/MAX CROSSROADS REALTY INC. MLS® C13647928
About this home
Secure a high-efficiency parking assets in the heart of downtown Toronto. Located at the prestigious Massey Tower (197 Yonge Street), this spot utilizes the “Boomerang” fully automated parking system-a sophisticated solution that eliminates the need for manual ramps. This is a strategic acquisition for current owners looking to increase their unit’s utility and future resale value. Note: Per building bylaws, the purchaser must be an existing unit owner at 197 Yonge Street.
Property details
Overview
- Property Type
- Parking Space
- For
- For Sale
- Status
- New
Interior
- Bedrooms
- 0
- Bathrooms
- 0
- Kitchens
- 0
Lot & Parking
- Parking
- 1 total
Financial
- Condo Fee
- $309/mo
- Fee Includes
- Parking Included
Location
- Neighbourhood
- Church-Yonge Corridor
- Cross Street
- Yonge/ Queen
Listing
- MLS® Number
- C13647928
- Days on Market
- 73
- Listed On
- 2026-08-06
- Possession
- Immediate
- Listed By
- RE/MAX CROSSROADS REALTY INC.
Features
Interior
- None
- Included
- One Parking space with remote FOB included
Mortgage calculator
Estimated mortgage payment
$177 per month
- Principal and interest
- $177
- Property tax
- $0
- Condo fees
- $309
- Estimated monthly cost
- $486
Your mortgage
- Mortgage amount
- $32,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $21,133
Cash to close
- Down payment
- $8,000
- Land transfer tax (Ontario + Toronto)
- $400
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $8,400
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.