44 Massey Street, Toronto, ON

Niagara, Toronto · MLS® C13077402

$2,199,000
For Sale
Listed 74 days ago
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3Bedrooms
2Bathrooms
0Parking
1500-2000Sq Ft

About this home

A purposeful blend of architectural history & modern housing. 44 Massey St. & Rodney The Tree have been featured in several news articles & videos (please google it). Located on one of the last small residential streets of downtown Toronto with excellent value growth potential. Tirelessly designed, built & decorated by Beurklian. Design group for multifamily or single family usage. Steps to Trinity Bellwoods park and arguably in the coolest part of town. This house emphasizes simplicity in materials, attention to detail & minimalist design to maximize the use & feel. Diligent design, computer modelling & green building practices make this home an excellent work of light, volume & space. Oversized windows, abundant skylighting & custom built doorways open the space & increase daylighting. Detailed interior design, custom built concrete sinks, Australian wall hung toilets & dual showers provide a sense of luxury & cleanliness. Exceptional mechanical systems including independent HVAC units, endless water heater, radiant floor warming, exterior snow melt system & irrigation systems. Future expansion capabilities include rough-ins for future rooftop terrace, backup generator, PV solar system, natural gas patio heaters, holiday lighting, heated exterior wet bar, etc. All furniture, plants, decorations, chattels & fixtures can be included in the price to be completely turnkey. Own a cool little spot in a cool little area, with Toronto's coolest little tree. *For Additional Property Details Click The Brochure Icon Below*

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
C13077402
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1500-2000
Lot
15.09 × 74.08 ft
Cross streets
King St. & Strachan Ave.
Parking
0 parking
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Green
Sewer
None
Property tax
$8,574 / 2025
Days on market
74
Listing brokerage
ICI SOURCE REAL ASSET SERVICES INC.

Rooms

KitchenMain4.30 × 3.65 m
Dining RoomMain2.75 × 4.20 m
Living RoomMain2.75 × 4.20 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Niagara Street Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Shaw St at Adelaide St West is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Heated floors: comfort and a premium-finish signal.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.46Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

337 Glen Road$1.45M236 Seaton Street$1.43M45 Grant Street$1.80M77 Montgomery Avenue$1.32M110 Hastings Avenue$1.29M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.20MThis home1.45M1.43M1.80M1.32M1.29MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $1000K
$1,257this home / sqft
62active listings nearby
74days on market

70 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Niagara, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

85/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Shaw St at Adelaide St West, about 169 m away

20+ transit stops18 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Palmerston-Little Italy
$1000K
Corso Italia-Davenport
$951K
South Riverdale
$1.30M
Mount Pleasant East
$1.28M
Greenwood-Coxwell
$792K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Niagara Street Junior Public School
82%
Niagara Street Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$10,022/mo
$406KIncome needed
5.4×Price ÷ income
$2,313Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $10,022Property tax $714Total carry $10,737

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,388per month

Mortgage amount $1,759,200 · 4.14% over 25 years

$439,800Down payment (20.0%)
$1,759,200Loan before insurance
$0CMHC premium
$10,102Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,388
Property tax
$715
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,102

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$41,450
Toronto municipal land transfer tax
$41,450
Estimated closing costs
$82,900

Plus your down payment of $439,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,402/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,057,123Total interest paid
$2,816,323Total of all payments
Principal $1,759,200 Interest $1,057,123
YearPrincipalInterestBalance
1$41,212$71,441$1,717,988
2$42,936$69,717$1,675,052
3$44,732$67,921$1,630,320
4$46,603$66,050$1,583,718
5$48,552$64,101$1,535,165
6$50,583$62,070$1,484,582
7$52,699$59,954$1,431,884
8$54,903$57,750$1,376,980
9$57,200$55,453$1,319,781
10$59,592$53,061$1,260,189
11$62,085$50,568$1,198,104
12$64,682$47,971$1,133,422
13$67,387$45,266$1,066,035
14$70,206$42,447$995,829
15$73,143$39,510$922,686
16$76,202$36,451$846,484
17$79,390$33,263$767,094
18$82,710$29,943$684,384
19$86,170$26,483$598,214
20$89,774$22,879$508,440
21$93,529$19,124$414,910
22$97,442$15,211$317,469
23$101,517$11,136$215,951
24$105,764$6,889$110,188
25$110,188$2,465$0

At the end of your 5-year term

Total paid over the term
$563,265
Principal paid down
$224,035
Interest paid
$339,230
Balance remaining
$1,535,165

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
1.1%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.7%
Gross yield
− Property tax $8,574− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $23,668

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC.. MLS®/PropTx.

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