197 Yonge Street, Toronto (Church-Yonge Corridor), Ontario, M5B1M4
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$40,000
Toronto
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. (id:66096)
Long Listed: 90 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This parking in Toronto (Church-Yonge Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $40,000, about 0.7× the local median household income of $58,000.
Carrying it typically needs a household income of about $7,813 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA M5B)