197 Yonge Street 2204, Toronto C08

$489,000
197 Yonge Street 2204

$489,000

New
22d
Condo ApartmentApartment

197 Yonge Street 2204, Toronto C08

Total Monthly Obligation $3,325

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
22d
Score
16
Yield
5.3%
Cash on Cash
-11.3%
Cap Rate
2.1%
5Y IRR
6.7%
10Y IRR
7.7%
Property Type-Condo Apartment
MLS® Number-C13852608
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,948.48 (2025)
Maintenance-$906.79/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60/90
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Bright & Thoughtfully Designed Suite Featuring a Forever Unobstructed East View, Flooded with Natural Light Through Expansive Windows and 9' Ceilings. Functional Layout with Sleek Sliding Doors, Spacious Centre Island, and Excellent Storage Throughout. Includes a Rare & Valuable Parking Space in the Heart of Downtown Toronto.Located at Prestigious Massey Tower, Just Steps to Dundas Subway Station, Streetcars, Eaton Centre, TMU, U of T, Financial District, Eataly, T&T, H Mart, Longo's, Restaurants, Cafes & Entertainment. Enjoy Luxury Amenities Including 24-Hour Concierge, Fitness Centre, Yoga Studio, Steam Rooms, Party Lounge, Piano Bar-Inspired Social Space, and Stunning Outdoor Terrace with Water Feature.An Exceptional Opportunity for End-Users or Investors Seeking Luxury Downtown Living with Unmatched Convenience, Connectivity & Lifestyle.

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%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$391,200
Land Transfer Taxes$6,255
Legal Fees (Est.)
$
Total cash required for closing$105,555

Total Monthly Obligation

$3,325/mo
Mortgage $1,972
Monthly Loss $2,806
Principal$519
Interest$1,453
Property Tax$246
Condo Fees$907
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.0%0
5-Year IRR
3.5%7
10-Year IRR
5.9%
Returns Index
4.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,680/yr
NOI
$6,882/yr
Net Cash Flow
-$1,399/mo
Cash Margin
-65.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
22.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 197 Yonge Street 2204

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.