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.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $990 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 197 Yonge St St #1701
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
197 Yonge St St #1701 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,432
/mo
based on the purchase price of $495,000
$99,000 cash
$396,000 financed
$333,536 total interest
Principal54%$396,000
Interest46%$333,536
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $495K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,267Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
197 Yonge St St #1701 is listed at $495,000 (MLS® C13748324). Summitly updates the price as soon as the MLS® record changes.
Is $495,000 a good price for 197 Yonge St St #1701?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 197 Yonge St St #1701 changed?
Yes — it was first listed at $509,900 and is now $495,000, a drop of $14,900 (2.9%).
How many bedrooms and bathrooms does 197 Yonge St St #1701 have?
197 Yonge St St #1701 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
Is 197 Yonge St St #1701 close to transit?
The nearest rapid-transit station is Queen Station (Line 1), about 60 m (about a 1-minute walk) in a straight line. TMU Station is about 380 m (about a 5-minute walk), and King Station is about 510 m (about a 6-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 197 Yonge St St #1701?
About $2,432 a month — principal and interest on $495,000 with 20% down ($99,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 197 Yonge St St #1701 compare with other homes in Toronto?
Its asking price of $495,000 is about 41% below the median sold price in Toronto over the last 90 days, $845,000, across 9,621 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 197 Yonge St St #1701 been sold before?
Summitly has no earlier MLS® sale or lease of 197 Yonge St St #1701 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 197 Yonge St St #1701?
197 Yonge St St #1701 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 197 Yonge St St #1701 been on the market?
50 days — 197 Yonge St St #1701 was listed on September 5, 2026.
What is the price per square foot of 197 Yonge St St #1701?
About $826 to $990 per square foot: the asking price of $495,000 over the 500–599 sq ft the listing gives as its size range.
Does 197 Yonge St St #1701 have a basement, and is it finished?
The listing says 197 Yonge St St #1701 has no basement.