1 Massey Square Unit 408, Toronto E03

Price: $429,000

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E14090168

Welcome to Suite 408 at 1 Massey Square, a spacious, renovated and bright 2-bedroom condo of approximately 1,002 sq ft in the sought-after Crescent Town community. Incredible value for such a large condo - definitely not a shoebox size! This south-facing, very nicely upgraded, carpet-free unit features an open balcony with green & terrace views, a generous combined living and dining area, and two well-sized bedrooms. Not all Massey Sq condos include the convenience of ENSUITE LAUNDRY and an ensuite locker, which this unit has! Vacant and available for immediate possession. Look at the nicely upgraded kitchen - stainless steel fridge, stove/oven, and range hood. One of the biggest advantages is the maintenance fee, which includes radiant Heat, Hydro, Water, Cable TV, & 1 offering exceptional value and convenience. Underground parking is included in the maintenance fee - and it's also optional. If you don't have a car, you can delete the included parking spot and the maintenance fee is reduced accordingly. Perfectly situated just steps to Victoria Park Subway Station via an elevated & safe pedestrian bridge, for quick access to Downtown Toronto. Everything you need is close by, including schools, daycare, grocery stores, pharmacies, banks, restaurants, community centres and places of worship. Enjoy easy access to Crescent Town Elementary School, Crescent Town Club, Oakridge Community Recreation Centre, Dawes Road Public Library, Danforth shops and restaurants inclluding Shoppers World mall, and beautiful outdoor spaces including Taylor Creek Park, Dentonia Park and the Taylor-Massey Creek ravine walking & cycling trails. Residents enjoy building amenities including an indoor swimming pool, fitness centre, visitor parking and 24-hour concierge/security. Don't miss this opportunity to own a spacious condo in a prime Toronto location with excellent transit, nature and everyday conveniences all nearby!

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active
New Listing

$429,000 - 1 Massey Square Unit 408, Danforth

Condo for Sale in Danforth

New — Listed 5 days ago

Neighbourhood: Crescent Town

2Beds
1Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
E14090168
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Danforth / East York
Taxes (2026)
$1,205
Maintenance Fees
$919/mo
Locker
Ensuite
Exposure
West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to Suite 408 at 1 Massey Square, a spacious, renovated and bright 2-bedroom condo of approximately 1,002 sq ft in the sought-after Crescent Town community. Incredible value for such a large condo - definitely not a shoebox size! This south-facing, very nicely upgraded, carpet-free unit features an open balcony with green & terrace views, a generous combined living and dining area, and two well-sized bedrooms. Not all Massey Sq condos include the convenience of ENSUITE LAUNDRY and an ensuite locker, which this unit has! Vacant and available for immediate possession. Look at the nicely upgraded kitchen - stainless steel fridge, stove/oven, and range hood. One of the biggest advantages is the maintenance fee, which includes radiant Heat, Hydro, Water, Cable TV, & 1 offering exceptional value and convenience. Underground parking is included in the maintenance fee - and it's also optional. If you don't have a car, you can delete the included parking spot and the maintenance fee is reduced accordingly. Perfectly situated just steps to Victoria Park Subway Station via an elevated & safe pedestrian bridge, for quick access to Downtown Toronto. Everything you need is close by, including schools, daycare, grocery stores, pharmacies, banks, restaurants, community centres and places of worship. Enjoy easy access to Crescent Town Elementary School, Crescent Town Club, Oakridge Community Recreation Centre, Dawes Road Public Library, Danforth shops and restaurants inclluding Shoppers World mall, and beautiful outdoor spaces including Taylor Creek Park, Dentonia Park and the Taylor-Massey Creek ravine walking & cycling trails. Residents enjoy building amenities including an indoor swimming pool, fitness centre, visitor parking and 24-hour concierge/security. Don't miss this opportunity to own a spacious condo in a prime Toronto location with excellent transit, nature and everyday conveniences all nearby!

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Estimate your monthly payments for this property

Estimated Payment

$2,200.99/mo

Includes CMHC insurance ($11,969)

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5-yr fixed avg.

Principal: $386,100Interest: $262,229
Mortgage Amount$398,069
Total Interest$262,229
Est. Property Tax$304/mo
Total Cost$660,298

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Crescent Town

Discover Crescent Town

Crescent Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Crescent Town

  • •Convenient location in Danforth / East York
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Crescent Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Massey Square Unit 408, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$919
Property Tax (est.)-$304
Insurance (est.)-$89
Net Cash Flow+$1,048

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $429/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Danforth's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $919/month fees should cover building insurance, common elements, and reserve contributions.

About Crescent Town

I know Crescent Town well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1 Massey Square Unit 408 | $429,000 | Battaglia Team