Building Image

Massey Tower Condo

197 Yonge St, Downtown

Features

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Price/Sqft Range

377 sqft - 1085 sqft

Avg Price/Sqft

$925 / sq. ft.

Completed

Built: 2019

Building Scale

Floors: 60 | Total Units: 699

Building Details

Building Type

High-Rise condo

Property Management

Built in 2019

Condo Corp

TSCC-2739

Date Registered

Oct 9, 2019

Maintenance Fees Include

Common Element

Building Insurance

Air Conditioning

Description

1 - About Massey Tower

  • Address: 197 Yonge St, Toronto
  • Neighbourhood: Church-Yonge Corridor
  • Storeys: 60
  • Units: 699
  • Built Year: 2019
  • Builder: MOD Developments
  • Building Type: High-rise (Adaptive Reuse)
  • Suite Sizes: 377 sqft - 1085 sqft
  • Average Price: $925 / sq. ft.

2 - Overview of Massey Tower

Massey Tower stands as a 60-storey residential landmark in downtown Toronto's core. This remarkable development seamlessly merges the historic 1905 Canadian Bank of Commerce headquarters with a soaring 208.3-metre contemporary glass tower.

The building's distinctive S-shaped design creates an elegant silhouette against Toronto's skyline. The four-storey heritage base carefully preserves the original Edwardian architecture facing Yonge Street, maintaining the streetscape's historic character.

Inside, the original 1905 bank lobby remains intact, complete with its magnificent Corinthian columns. This thoughtful preservation creates a striking dialogue between Toronto's financial heritage and today's urban living demands.

3 - Suite Sizes & Value

Residences at Massey Tower span from efficient 377 square feet studios to spacious 1085 square feet layouts. With pricing averaging $925 per square foot, the building offers competitive value in Toronto's downtown market.

Each unit features generous nine-foot ceilings that enhance the sense of space and light. Contemporary finishes throughout reflect modern design standards, while many suites include private balconies showcasing either dynamic city views or serene Lake Ontario vistas.

4 - Building Amenities & Features

Fitness & Wellness: A fully equipped fitness centre anchors the wellness offerings, complemented by a luxurious steam room and an innovative Rain Room spa retreat for complete relaxation.

Social & Entertaining: The building's social spaces include an elegant piano room, sophisticated cocktail bar, versatile party room, and a formal dining room equipped with a professional chef's kitchen for special occasions.

Outdoor Space: The rooftop garden and terrace provide residents with elevated outdoor living, featuring panoramic city views and carefully landscaped green spaces.

Resident Services: Two dedicated concierges ensure personalized service, while guest suites accommodate visiting friends and family.

Parking: An advanced six-level automated parking system maximizes space efficiency while providing secure vehicle storage.

5 - Location Highlights

Retail: The Toronto Eaton Centre sits directly adjacent, providing residents with immediate access to hundreds of shops, restaurants, and services.

Culture & Entertainment: Massey Hall stands nearby, while the historic Elgin and Winter Garden Theatres are within comfortable walking distance, placing residents at the heart of Toronto's cultural district.

Area Interest: Yonge-Dundas Square, often called Toronto's Times Square, creates a vibrant neighborhood focal point just steps away.

Transit: The Yonge and Dundas transit intersection offers unparalleled connectivity through TTC subway lines and streetcar networks, linking residents to every corner of the Greater Toronto Area.

6 - Lifestyle Near Massey Tower

Life at Massey Tower places residents at the epicenter of Toronto's most dynamic urban environment. The location delivers immediate access to the city's premier shopping, dining, and entertainment destinations, all within walking distance.

The neighborhood champions pedestrian-friendly living, where daily errands and evening entertainment require no commute. This convergence of heritage architecture and contemporary urban energy creates a uniquely Toronto living experience that celebrates both the city's past and its future.

7 - About the Developer

MOD Developments undertook this ambitious project after acquiring the heritage site in 2012. The developer successfully navigated the complex challenge of integrating modern residential requirements with the preservation of the significant 1905 banking structure.

Their commitment to both innovation and heritage preservation earned recognition through multiple BILD Awards in 2013, including the prestigious Project of the Year and Best High Rise Design honors, affirming the project's contribution to Toronto's architectural landscape.


Neighborhood

Clear View

Building Sales History

Jul 2026 — 1 Listed | 0 Sold

168 days on market

MLS® # C12817704

Jul 29, 2026

New

Feb 25, 2026

Listed For Sale

$600,000
Jun 2026 — 1 Listed | 0 Sold

75 days on market

MLS® # C13015386

Jun 27, 2026

Price Change

Apr 18, 2026

Listed For Sale

$788,800
May 2026 — 7 Listed | 2 Sold

56 days on market

MLS® # C13024428

May 28, 2026

Price Change

Apr 21, 2026

Listed For Sale

$399,000

93 days on market

MLS® # C12791170

May 21, 2026

Sold

Feb 16, 2026

Listed For Sale

$529,000

120 days on market

MLS® # C12814484

May 20, 2026

Extension

Feb 24, 2026

Listed For Sale

$543,000

114 days on market

MLS® # C13017782

May 19, 2026

New

Apr 19, 2026

Listed For Sale

$415,000

42 days on market

MLS® # C12925646

May 8, 2026

Sold

Mar 26, 2026

Listed For Sale

$518,000

115 days on market

MLS® # C12809644

May 5, 2026

Price Change

Feb 21, 2026

Listed For Sale

$1,100,000

21 days on market

MLS® # C12991306

May 4, 2026

Terminated

Apr 13, 2026

Listed For Sale

$488,800
Apr 2026 — 2 Listed | 0 Sold

86 days on market

MLS® # C12746190

Apr 29, 2026

Terminated

Feb 1, 2026

Listed For Sale

$749,900

90 days on market

MLS® # C12727674

Apr 25, 2026

Expired

Jan 25, 2026

Listed For Sale

$519,000
Mar 2026 — 5 Listed | 1 Sold

46 days on market

MLS® # C12766288

Mar 24, 2026

Terminated

Feb 6, 2026

Listed For Sale

$539,900

34 days on market

MLS® # C12769864

Mar 13, 2026

Terminated

Feb 8, 2026

Listed For Sale

$550,000

34 days on market

MLS® # C12754122

Mar 9, 2026

Terminated

Feb 3, 2026

Listed For Sale

$639,888

95 days on market

MLS® # C12551078

Mar 2, 2026

Sold

Nov 17, 2025

Listed For Sale

$889,000

128 days on market

MLS® # C12478079

Mar 1, 2026

Expired

Oct 23, 2025

Listed For Sale

$530,000

Church-Yonge Corridor Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.