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$612,800Asking Price

197 Yonge Street 5905, Toronto, ON M5B 1M4 #5905

Yonge-Dundas Square, Toronto

Condo
1 + 1
Bedrooms
1
Bath
0
Parking
Days on Market

Rare Lower Penthouse Opportunity at Prestigious Massey Tower! Perched on the 59th floor, this spectacular Lower Penthouse Southeast Corner Suite offers breathtaking, unobstructed panoramic views of Lake Ontario, the CN Tower, and Toronto's iconic skyline through dramatic floor-to-ceiling windows and an expansive wraparound balcony. Wake up to stunning sunrises and enjoy an abundance of natural light throughout the day.This luxurious 1+Den suite features premium upgrades including engineered hardwood flooring throughout, designer cabinetry, elegant tile finishes, and a modern open-concept layout. The enclosed den with a door provides exceptional flexibility as a home office, guest room, or potential second bedroom.Located in the heart of downtown on prestigious Yonge Street, you're just steps to the Eaton Centre, Queen Subway Station, Toronto Metropolitan University (TMU), the Financial District, theatres, restaurants, and world-class shopping. Experience the ultimate urban lifestyle in one of Toronto's most desirable luxury residences.A rare opportunity to own a Lower Penthouse corner suite with truly unmatched lake and city views. Luxury living at its finest-don't miss this exceptional home!

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Rare Lower Penthouse Opportunity at Prestigious Massey Tower! Perched on the 59th floor, this spectacular Lower Penthouse Southeast Corner Suite offers breathtaking, unobstructed panoramic views of Lake Ontario, the CN Tower, and Toronto's iconic skyline through dramatic floor-to-ceiling windows and an expansive wraparound balcony. Wake up to stunning sunrises and enjoy an abundance of natural light throughout the day.This luxurious 1+Den suite features premium upgrades including engineered hardwood flooring throughout, designer cabinetry, elegant tile finishes, and a modern open-concept layout. The enclosed den with a door provides exceptional flexibility as a home office, guest room, or potential second bedroom.Located in the heart of downtown on prestigious Yonge Street, you're just steps to the Eaton Centre, Queen Subway Station, Toronto Metropolitan University (TMU), the Financial District, theatres, restaurants, and world-class shopping. Experience the ultimate urban lifestyle in one of Toronto's most desirable luxury residences.A rare opportunity to own a Lower Penthouse corner suite with truly unmatched lake and city views. Luxury living at its finest-don't miss this exceptional home!

Key Info

  • Apartment Condo
  • No Parking
  • Yonge/Queen St.
  • 600-699 Approximate Sq Feet
  • South Exposure
  • Open Balcony
  • Ensuite Laundry
  • No Locker
  • Forced Air
  • Central Air

Property

  • $989 Monthly Condo Fees
  • Includes: Central A/C, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Water, Cable TV, Common Elements
  • Taxes were $3,982 in 2025

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #2739
  • Condo Registry Office: TSCP
  • MLS #C13548262
  • RE/MAX REALTRON REALTY INC.

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom in Flat

Who lives here?

Yonge-Dundas Square, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, business, science, health, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from China. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Families

Kids Per Family

0.6

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

66% of residents are
single and loving it.

66% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

61% of residents
are renters.

61% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

68% of residents are
university grads.

68% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$101K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Business 16%
Sales 15%
Government 12%
Management 9%
Sciences 9%

Immigrants

40% of residents were
born outside of Canada.

40% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 5.0% of immigrants.
India 4.2%
Caribbean 2.2%
Philippines 2.2%
Hong Kong 1.5%

5.0% from China
All-time

Birthplace - Recent

China was once home to 2.1% of immigrants.
India 1.9%
Philippines 0.8%
Iran 0.7%
Eritrea 0.5%

2.1% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 5%
Cantonese 4%
French 3%
Arabic 3%
Spanish 3%

Religions

Religions

Christian 41%
Muslim 9%
Hindu 3%
Buddhist 2%
Jewish 2%

Social Housing

Social Housing Buildings

4

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

6

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)