Searching for a studio apartment in Toronto for sale? These compact and stylish units are ideal for first-time buyers, students, and investors looking for an efficient space in a prime location.
5508 197 Yonge Street
Toronto
M5B 1M4
$478,000
Residential Condo & Other
beds: 0
baths: 1.0
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- C13143424
- Bathrooms:
- 1
- Photos (34)
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- Send listing
- Mortgage calculator
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Schedule a viewing:
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Property Attached:
- Yes
- Home Style:
- Apartment
- Approx. Age:
- 6-10
- Total Approx Floor Area:
- 0-499
- Exposure:
- South
- Bedrooms:
- 0
- Bathrooms:
- 1.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 0
- Kitchens Above Grade:
- 1
- # Main Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- Rooms Above Grade:
- 1
- Rooms:
- 1
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Cooling:
- Yes
- Storey:
- 55
- New Construction:
- Yes
- Balcony:
- Open
- Basement:
- None
- Fireplace/Stove:
- No
- Attached Garage:
- Yes
- Garage:
- Underground
- Garage Spaces:
- 0.0
- Parking Features:
- Underground
- Parking Type:
- None
- Parking Spaces:
- 0
- Total Parking Spaces:
- 0.0
- Locker Number:
- 17&8
- Locker Level:
- B2
- Locker:
- Owned
- Family Room:
- No
- HST Applicable To Sale Price:
- Included In
- Maintenance Fee:
- $450.36
- Maintenance fees include:
- CAC Included, Common Elements Included, Building Insurance Included
- Taxes:
- $2,217.02 / 2026
- Assessment:
- $- / -
- Toronto
- Toronto C08
- Church-Yonge Corridor
- Hospital, Park, Place Of Worship, Public Transit, School
- None
- Yes-with Restrictions
- Concrete
- Concierge, Exercise Room, Guest Suites, Sauna
- Yes
- Clear
- UFFI:
- No
- Special Designation:
- Unknown
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- Ensuite
- Laundry Level:
- Main Level
- Condo Corporation Number:
- 2739
- Property Management Company:
- First Service Residential 416-551-3741
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- Listings on market:
- 374
- Avg list price:
- $599,000
- Min list price:
- $327,000
- Max list price:
- $2,700,000
- Avg days on market:
- 35
- Min days on market:
- 1
- Max days on market:
- 844
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Why Buy a Studio Apartment in Toronto
• Entry-level price point in the competitive Toronto market
• Low maintenance and utility costs
• Popular with students, professionals, and renters
• Located in transit-accessible, walkable neighbourhoods
• Strong rental demand and resale value
Toronto Studio Apartments – What to Expect
Studio apartments in Toronto offer modern layouts and efficient use of space, often featuring:
• Combined living, sleeping, and dining areas with open design
• Functional kitchens with full-sized appliances and sleek finishes
• In-suite laundry and balconies in many buildings
• Access to amenities like gyms, rooftop patios, concierge, and bike storage
Start Your Studio Apartment Search in Toronto Today
Explore listings for studio apartments for sale in Toronto and connect with our team for showings, market advice, and financing options. Whether you’re buying your first home or building your investment portfolio, we’re here to help.
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Each link provides updated listings and expert insights.
FAQs – Studio Apartment Toronto for Sale
1. How much does a studio apartment cost in Toronto?
Prices typically range from $450,000 to $650,000 depending on size, location, and building features.
2. Are studio apartments good for investment in Toronto?
Yes. With high demand from students and single professionals, studios offer strong rental potential and long-term growth.
3. Where can I find studio apartments in Toronto?
Downtown, Liberty Village, North York, and near universities like U of T and Ryerson are common locations for studios.
4. What’s the difference between a studio and a bachelor unit?
They are often used interchangeably, but bachelor units may be slightly smaller. Both combine living and sleeping areas in one open space.