903-5 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E13010676

$325,000
For Sale
Listed 91 days ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Beautifully updated and exceptionally spacious, this one bedroom suite offers a large private balcony with southwest views of downtown Toronto and the CN Tower. Enjoy sunsets and plenty of natural light throughout.The kitchen features quartz countertops, a full quartz backsplash, an undermount double sink, and soft close cabinetry, making it practical for everyday use and entertaining. The bathroom has been refreshed with a granite vanity and bright white tiled tub surround for a clean, modern feel. New closet doors add to the fresh, move in ready condition.This suite is a great option for first time buyers, investors, or those looking to downsize. The building is well managed with low maintenance fees and offers rental parking and lockers through property management.Amenities include 24 hour security, a gym, indoor pool, sauna, racquet and squash courts, weight room, party and meeting rooms, visitor parking, and an underground car wash. Electric vehicle charging stations are expected in the near future. A great opportunity in a convenient location.

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
E13010676
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
700-799
Cross streets
Victoria Park/ Danforth
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
None
Exterior
Concrete
Maintenance
$613/mo
Exposure
South East
Property tax
$912 / 2025
Days on market
91
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Living RoomGround3.50 × 6.86 m

laminate · large window

KitchenGround2.13 × 3.43 m

ceramic floor · ceramic backsplash · stone counters

Dining RoomGround2.29 × 3.51 m

laminate · combined w/living · w/o to balcony

Primary BedroomGround3.20 × 5.11 m

laminate · large closet · large window

Moe’s TakeTeam Asgarian · Broker
In the wider range
$317Kest. value

Listed at $325,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $333K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $279K
  • Bedrooms +$30K
  • Adjusts to $309K

That comparable adjusts to $309K; the $317K estimate above is the median of all 15 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Crescent Town Elementary 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. Crescent Town Rd at Massey Sq East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$295KGreat deal$370KOverpriced

Total price vs nearby homes. Fair value about $317K, median of 15 comparables.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Crescent Town · asking prices
$389kavg asking

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

1902-3 Massey Square$360k1710-5 Massey Square$390k1208-1 Massey Square$420k1703-1 Massey Square$435k2103-5 Massey Square$340k

The 5 closest of 8 active listings nearby.

See all comparable homes
325kThis home360k390k420k435k340kThis home vs active comparables
Live market pulseActive comparables in Crescent Town · median list $420K
$434this home / sqft
16active listings nearby
91days on market

This home lists 2% below the area average of $441/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Crescent Town, 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

83/ 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: Crescent Town Rd at Massey Sq East, about 101 m away

20+ transit stops11 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.

Banbury-Don Mills
$500K
Church-Yonge Corridor
$574K
Annex
$1.39M
Waterfront Communities C8
$998K
Waterfront Communities C1
$694K

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 Crescent Town Elementary School
68%
Crescent Town Elementary SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$1,481/mo
$74KIncome needed
4.4×Price ÷ income
$342Weekly 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.

68%mortgage
Mortgage $1,481Property tax $76Condo fee $613Total carry $2,171

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%
$
%
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)
$1,387per month

Mortgage amount $260,000 · 4.14% over 25 years

$65,000Down payment (20.0%)
$260,000Loan before insurance
$0CMHC premium
$2,076Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,387
Property tax
$76
Condo / maintenance fees
$613
Heating
$0
Estimated monthly cost
$2,076

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

One-time closing costs

Ontario land transfer tax
$3,350
Toronto municipal land transfer tax
$3,350
Estimated closing costs
$6,700

Plus your down payment of $65,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,685/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

$156,237Total interest paid
$416,237Total of all payments
Principal $260,000 Interest $156,237
YearPrincipalInterestBalance
1$6,091$10,559$253,909
2$6,346$10,304$247,563
3$6,611$10,038$240,952
4$6,888$9,762$234,065
5$7,176$9,474$226,889
6$7,476$9,174$219,413
7$7,789$8,861$211,624
8$8,114$8,535$203,510
9$8,454$8,196$195,056
10$8,807$7,842$186,249
11$9,176$7,474$177,073
12$9,560$7,090$167,513
13$9,959$6,690$157,554
14$10,376$6,273$147,178
15$10,810$5,839$136,368
16$11,262$5,387$125,106
17$11,733$4,916$113,372
18$12,224$4,425$101,148
19$12,735$3,914$88,413
20$13,268$3,381$75,145
21$13,823$2,826$61,321
22$14,401$2,248$46,920
23$15,004$1,646$31,916
24$15,631$1,018$16,285
25$16,285$364$0

At the end of your 5-year term

Total paid over the term
$83,247
Principal paid down
$33,111
Interest paid
$50,136
Balance remaining
$226,889

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$2,400/mo
$28,800Gross annual rent
5.2%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.

8.9%
Gross yield
− Property tax $912− Condo fees $7,360− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,760

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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