5 Massey Square Unit 102, Toronto E03

Price: $329,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13757824

Welcome To Fabulous 5 Massey Sq.!! Beautiful, Clean, Upgraded Kitchen And Bathrm, Wonderful View From A Large Open Balcony , Move-In Condition, Spacious Condo Close To Vic Park Subway, Worship, Transit, School, Golf Course * *Don't Miss This Opportunity ** Just Minutes From Downtown And The Beaches **Steps From School, Child Care, Subway Station, Parks, Golf Course, Mall ** Rec Facilities Include Gym, Indoor Pool, Squash Court +++

5 Massey Square Unit 102 - Condo photo 1 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 2 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 3 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 4 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 5 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 6 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 7 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 8 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 9 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 10 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 11 of 12 in Danforth / East York, Ontario
5 Massey Square Unit 102 - Condo photo 12 of 12 in Danforth / East York, Ontario
active
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$329,000 - 5 Massey Square Unit 102, Danforth

Condo for Sale in Danforth

Neighbourhood: Crescent Town

1Beds
1Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
E13757824
Property Type
Condo
Status
active
Days on Site
29
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Taxes (2025)
$921
Maintenance Fees
$613/mo
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
PROEDGE REALTY INC.
Description

Welcome To Fabulous 5 Massey Sq.!! Beautiful, Clean, Upgraded Kitchen And Bathrm, Wonderful View From A Large Open Balcony , Move-In Condition, Spacious Condo Close To Vic Park Subway, Worship, Transit, School, Golf Course * *Don't Miss This Opportunity ** Just Minutes From Downtown And The Beaches **Steps From School, Child Care, Subway Station, Parks, Golf Course, Mall ** Rec Facilities Include Gym, Indoor Pool, Squash Court +++

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,687.94/mo

Includes CMHC insurance ($9,179)

$
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5%10%50%

5-yr fixed avg.

Principal: $296,100Interest: $201,103
Mortgage Amount$305,279
Total Interest$201,103
Est. Property Tax$233/mo
Total Cost$506,382

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

5 Massey Square Unit 102, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$613
Property Tax (est.)-$233
Insurance (est.)-$69
Net Cash Flow+$885

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 $470/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.

Market Position

At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $613/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    5 Massey Square Unit 102 | $329,000 | Battaglia Team