32 Massey Street Unit D, Toronto C01

Price: $965,000

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C12786970

Welcome to 32D Massey St, a stylish city townhome that truly feels like home, tucked away on a quiet, tree-lined street in one of downtown Toronto's most walkable neighborhoods. This thoughtfully laid-out 2-bedroom, 2.5-bathroom residence offers the perfect blend of comfort and urban convenience. The renovated kitchen is bright, well-appointed, and designed for easy everyday living, while the main floor opens to a private back deck overlooking a peaceful common area, an unexpected retreat in the heart of the city. Both bedrooms feature their own ensuite washrooms, offering privacy and flexibility for guests or roommates. The primary bedroom includes a walk-out to a private terrace, perfect for morning coffee or unwinding at the end of the day. Complete with one parking space and one locker, this home truly checks all the boxes. Just steps to Trinity Bell woods Park, King Street's top bars and restaurants, Queen West galleries and cafés, and the iconic Ossington strip, with TTC at your doorstep. Enjoy the vibrant energy of downtown living, with a peaceful space to come home to.

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$965,000 - 32 Massey Street Unit D, Downtown Toronto

Condo for Sale in Downtown Toronto

125 days on market
2Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C12786970
Property Type
Condo
Status
active
Days on Site
125
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Exclusive
Exposure
East
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to 32D Massey St, a stylish city townhome that truly feels like home, tucked away on a quiet, tree-lined street in one of downtown Toronto's most walkable neighborhoods. This thoughtfully laid-out 2-bedroom, 2.5-bathroom residence offers the perfect blend of comfort and urban convenience. The renovated kitchen is bright, well-appointed, and designed for easy everyday living, while the main floor opens to a private back deck overlooking a peaceful common area, an unexpected retreat in the heart of the city. Both bedrooms feature their own ensuite washrooms, offering privacy and flexibility for guests or roommates. The primary bedroom includes a walk-out to a private terrace, perfect for morning coffee or unwinding at the end of the day. Complete with one parking space and one locker, this home truly checks all the boxes. Just steps to Trinity Bell woods Park, King Street's top bars and restaurants, Queen West galleries and cafés, and the iconic Ossington strip, with TTC at your doorstep. Enjoy the vibrant energy of downtown living, with a peaceful space to come home to.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,950.95/mo

Includes CMHC insurance ($26,924)

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5-yr fixed avg.

Principal: $868,500Interest: $589,862
Mortgage Amount$895,424
Total Interest$589,862
Est. Property Tax$684/mo
Total Cost$1,485,285

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: Downtown Toronto / Waterfront

Discover Downtown Toronto / Waterfront

Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront

  • Convenient location in Downtown Toronto / Waterfront
  • 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

Downtown Toronto / Waterfront 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

32 Massey Street Unit D, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$684
Insurance (est.)-$201
Net Cash Flow+$855

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 $804/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.

Negotiation Opportunity

At 125 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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. We'll want to verify the monthly fees and what they include.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    32 Massey Street Unit D | $965,000 | Battaglia Team