5 Massey Square Unit #215, Toronto E03

Price: $489,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13818300

Freshly Painted with Sunny Westerly Views. This 3 Bedroom/2 Bathroom Nestled Corner Unit Overlooks the Lovely Lawns & Gardens from the Rarely Available 20 x 8 1/2 Foot BALCONY. A Wonderful Space in Summer to Relax on your Daybed and/or Enjoy Summer Meals on a Picnic Table. *Options GALORE* -- RENOVATED Kitchen, Lovely Re-Sanded Parquet Floors & UPGRADED BATHROOMS with NEW Vanities and Front Hallway includes Coat Closet, Back Hallway includes Storage Closet. Two EV charging stations ***On Subway Line, 20 Minutes from Downtown and to Downtown, 10 Minutes to Beaches, 24/7 Security Guards/Cameras, Maintenance/Cleaning Staff, (Plumber, Electricians, etc.) including On-Site Management Office, Multi-Million $$$ Recreation Centre (FREE Membership), Daycare, Elementary School, Doctor Clinic, Grocery Store.+++

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$489,900 - 5 Massey Square Unit #215, Danforth

Condo for Sale in Danforth

Popular Listing

Neighbourhood: Crescent Town

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
E13818300
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Danforth / East York
Taxes (2026)
$1,343
Maintenance Fees
$944/mo
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 PARKLAND LTD.
Description

Freshly Painted with Sunny Westerly Views. This 3 Bedroom/2 Bathroom Nestled Corner Unit Overlooks the Lovely Lawns & Gardens from the Rarely Available 20 x 8 1/2 Foot BALCONY. A Wonderful Space in Summer to Relax on your Daybed and/or Enjoy Summer Meals on a Picnic Table. *Options GALORE* -- RENOVATED Kitchen, Lovely Re-Sanded Parquet Floors & UPGRADED BATHROOMS with NEW Vanities and Front Hallway includes Coat Closet, Back Hallway includes Storage Closet. Two EV charging stations ***On Subway Line, 20 Minutes from Downtown and to Downtown, 10 Minutes to Beaches, 24/7 Security Guards/Cameras, Maintenance/Cleaning Staff, (Plumber, Electricians, etc.) including On-Site Management Office, Multi-Million $$$ Recreation Centre (FREE Membership), Daycare, Elementary School, Doctor Clinic, Grocery Store.+++

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

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5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

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 #215, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$944
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,367

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 $490/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.

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 $944/month fees should cover building insurance, common elements, and reserve contributions.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 #215 | $489,900 | Battaglia Team