3001-3 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E13097288

$720,000
For Sale
Listed 76 days ago
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3Bedrooms
2Bathrooms
0Parking
1800-1999Sq Ft

About this home

Featuring a functional layout with generously sized principal rooms, this unit is filled with natural light throughout. Completely renovated in 2022 with all new doors and brand new laminate flooring and tile across the entire home. All bedrooms feature custom-designed closets. All washrooms have been completely renovated from top to bottom with modern finishes. Enhanced with new lighting fixtures, stylish wall treatments, and contemporary paint throughout. The modern kitchen boasts updated cabinetry, a center island, new countertops, a brand new exhaust system, new dishwasher and two new fridges. The well-maintained building offers excellent amenities including indoor pool, gym, sauna, and 24-hour security. Conveniently located just steps to Victoria Park subway, shopping, schools, parks, and all essential amenities-making daily living easy and accessible. Ideal for first-time buyers, big family, or investors looking for great value in a prime location. Move in and enjoy, or add your personal touch to make it your own.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13097288
Bedrooms
3
Bathrooms
2 (1 half)
Size
1800-1999
Cross streets
Danforth/Victoria Park
Parking
0 parking
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Brick, Concrete
Maintenance
$1,226/mo
Exposure
North
Property tax
$2,081 / 2025
Days on market
76
Listing brokerage
CENTURY 21 TITANS REALTY INC.

Rooms

Primary BedroomGround5.50 × 3.35 m

laminate · 2 pc ensuite · mirrored closet

Bedroom 2Ground4.40 × 3.35 m

laminate · closet

KitchenGround3.80 × 3.35 m

family size kitchen · eat-in kitchen · modern kitchen

FoyerGround3.90 × 2.00 m

mirrored closet · tile floor

DenGround3.50 × 3.00 m

laminate · combined w/living

Bedroom 3Ground5.40 × 3.35 m

laminate · double closet

Living RoomGround6.60 × 5.80 m

laminate · w/o to balcony · overlooks park

Family RoomGround3.50 × 3.35 m

laminate · combined w/kitchen · window

Moe’s TakeTeam Asgarian · Broker
In line
$665Kest. value

Listed at $720,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Crescent Town lately, sellers have been getting about 97% of asking and homes sell in about 31 days.

There were not many closely comparable homes right in Crescent Town, so I widened the search to the surrounding area.

Based on 9 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 9 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $614K, 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, sold for $552K
  • Size difference +$42K
  • Adjusts to $594K

That comparable adjusts to $594K; the $665K estimate above is the median of all 9 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$645KGreat deal$841KOverpriced

Total price vs nearby homes. Fair value about $665K, median of 9 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. 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.

101-1200 Don Mills Road$1.06M1511-320 Dixon Road$380k401-135 George Street$995k1002-1166 Bay Street$3.39M

The 4 closest active listings nearby.

See all comparable homes
720kThis home1.06M380k995k3.39MThis home vs active comparables
Live market pulseActive comparables in Crescent Town · median list $435K
$379this home / sqft
10active listings nearby
76days on market
29sold nearby · 90 days
$493Kmedian sold price
97%of asking, on average

This home lists 14% below the area average of $440/sqft.

75 days longer than the Toronto average (1 days).

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.

Nearby neighbourhoods

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

Moss Park
$519K
Church-Yonge Corridor
$561K
Waterfront Communities C8
$700K
Bay Street Corridor
$471K
Henry Farm
$599K

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
$3,282/mo
$156KIncome needed
4.6×Price ÷ income
$757Weekly 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.

70%mortgage
Mortgage $3,282Property tax $173Condo fee $1,226Total carry $4,681

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,074per month

Mortgage amount $576,000 · 4.14% over 25 years

$144,000Down payment (20.0%)
$576,000Loan before insurance
$0CMHC premium
$4,473Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,074
Property tax
$173
Condo / maintenance fees
$1,226
Heating
$0
Estimated monthly cost
$4,473

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

One-time closing costs

Ontario land transfer tax
$10,875
Toronto municipal land transfer tax
$10,875
Estimated closing costs
$21,750

Plus your down payment of $144,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,733/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

$346,125Total interest paid
$922,125Total of all payments
Principal $576,000 Interest $346,125
YearPrincipalInterestBalance
1$13,494$23,391$562,506
2$14,058$22,827$548,448
3$14,646$22,239$533,802
4$15,259$21,626$518,543
5$15,897$20,988$502,646
6$16,562$20,323$486,084
7$17,255$19,630$468,830
8$17,976$18,909$450,853
9$18,728$18,157$432,125
10$19,512$17,373$412,613
11$20,328$16,557$392,285
12$21,178$15,707$371,107
13$22,064$14,821$349,043
14$22,987$13,898$326,056
15$23,948$12,937$302,107
16$24,950$11,935$277,157
17$25,994$10,891$251,163
18$27,081$9,804$224,082
19$28,214$8,671$195,868
20$29,394$7,491$166,474
21$30,624$6,261$135,851
22$31,904$4,981$103,946
23$33,239$3,646$70,707
24$34,629$2,256$36,078
25$36,078$807$0

At the end of your 5-year term

Total paid over the term
$184,425
Principal paid down
$73,354
Interest paid
$111,071
Balance remaining
$502,646

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$6,100/mo
$73,200Gross annual rent
6.6%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.

10.2%
Gross yield
− Property tax $2,081− Condo fees $14,708− Insurance $600− Vacancy & upkeep $8,052Net operating income $47,758

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 TITANS REALTY INC.. MLS®/PropTx.

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