2203-1 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E13138006

$399,900
For Sale
Listed 156 days agoNo offer date stated
2Bedrooms
1Bathrooms
0Parking
1000-1199Sq ft

About this home

In short

  • Freshly Painted and Beautiful 2 Bedroom , 1 Bath Condo for Sale.
  • Very easily accessible toTransit and close to Subway station.
  • Close To Schools, Daycare, Pharmacy, ShoppingCentres, And Many More.
  • Public Transit is a 5-minute walk to VictoriaPark TTC Station.

Freshly Painted and Beautiful 2 Bedroom , 1 Bath Condo for Sale. No carpet. New Laminated Flooring Throughout and new doors and brand new washer in the unit. Very easily accessible toTransit and close to Subway station. A diverse and vibrant neighbourhood with a strong sense ofcommunity and family-friendly atmosphere. Close To Schools, Daycare, Pharmacy, ShoppingCentres, And Many More. Azad Supermarket is right downstairs, and a short walk to Metro,Shoppers Drug Mart, banking services, and more. Public Transit is a 5-minute walk to VictoriaPark TTC Station.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13138006
Bedrooms
2
Bathrooms
1
Size
1000-1199 sq ft
Cross streets
Victoria Park & Crescent Town Road
Parking
0 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Concrete
Maintenance
$839/mo
Exposure
South East
Property tax
$1,184 / 2025
Days on market
156
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Flat17.72 × 9.97 m

laminate · large closet · window

KitchenFlat12.96 × 7.45 m

ceramic floor · walk-out

Primary BedroomFlat17.72 × 11.48 m

laminate · large closet · window

Dining RoomFlat10.17 × 8.07 m

laminate · large window · combined w/living

Living RoomFlat22.05 × 11.32 m

laminate · large window · combined w/dining

Our TakeTeam Asgarian · Broker
In line with recent sales
$390Kautomated estimate, from recent sales

Listed at $399,900, about 3% above our estimate of $390K (homes like it typically land between $363K and $410K).

Why $390K. The typical condo sold in Crescent Town over the past year went for about $399K (36 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$363KBelow our range$410KAbove our range

Total price vs nearby homes. Fair value about $390K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
156days on market so far
$2,582/moest. rent · 20 leases
7.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 8.3 months of inventory: 11 condo apartment homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $364/sqft against an area asking average of $434/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 70 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $391K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Based on 76 homes sold in this building over the past two years, from 83 closings in Crescent Town.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

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.

North St. James Town
$765K
Moss Park
$549K
Waterfront Communities C8
$554K
Church-Yonge Corridor
$876K
Kensington-Chinatown
$585K

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 · 0.2 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Nicholas Catholic School · Catholic elementary0.6 km · 61% at standard
William J McCordic School · Public elementary0.7 km
Secord Elementary School · Public elementary0.8 km · 61% at standard
Samuel Hearne Public School · Public elementary0.9 km · 47% at standard
Oakridge Junior Public School · Public elementary1.0 km · 61% at standard
Regent Heights Public School · Public elementary1.3 km · 68% at standard
D A Morrison Middle School · Public elementary1.4 km · 79% at standard
Taylor Creek Public School · Public elementary1.4 km · 41% at standard
Our Lady of Fatima Catholic School · Catholic elementary1.5 km · 69% at standard
Malvern Collegiate Institute · Public secondary1.5 km · 87% at standard
Blantyre Public School · Public elementary1.5 km · 71% at standard
Gordon A Brown Middle School · Public elementary1.5 km · 77% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,823/mo
$92KIncome needed
4.4×Price ÷ income
$421Weekly cost
$8,947Land transfer tax, one-time (Ontario + Toronto)
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.

66%mortgage
Mortgage $1,823Property tax $99Condo fee $839Total carry $2,760

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,769per month

Mortgage amount $319,920 · 4.49% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$2,707Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$99
Condo / maintenance fees
$839
Heating
$0
Estimated monthly cost
$2,707

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

One-time closing costs

Ontario land transfer tax
$4,474
Toronto municipal land transfer tax
$4,474
Estimated closing costs
$8,947

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/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

$210,748Total interest paid
$530,668Total of all payments
Principal $319,920 Interest $210,748
YearPrincipalInterestBalance
1$7,139$14,087$312,781
2$7,463$13,763$305,317
3$7,802$13,424$297,515
4$8,157$13,070$289,359
5$8,527$12,700$280,832
6$8,914$12,313$271,918
7$9,319$11,908$262,599
8$9,742$11,485$252,857
9$10,184$11,043$242,673
10$10,647$10,580$232,026
11$11,130$10,097$220,896
12$11,635$9,591$209,261
13$12,164$9,063$197,097
14$12,716$8,511$184,381
15$13,293$7,933$171,088
16$13,897$7,330$157,191
17$14,528$6,699$142,664
18$15,187$6,039$127,476
19$15,877$5,350$111,599
20$16,598$4,629$95,001
21$17,351$3,875$77,650
22$18,139$3,087$59,511
23$18,963$2,264$40,548
24$19,824$1,403$20,724
25$20,724$503$0

At the end of your 5-year term

Total paid over the term
$106,134
Principal paid down
$39,088
Interest paid
$67,045
Balance remaining
$280,832

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
From 20 whole-home leases in Crescent Town$2,582/mo
$30,984Gross annual rent
3.9%Cap rate after taxes and upkeep
$2,453 to $2,711Typical rent range
~14 daysTo find a tenant, on average

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

Talk about the numbers

The last 20 whole-home leases in Crescent Town signed at a median of $2,184 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,582. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

7.7%
Gross yield
− Property tax $1,184− Condo fees $10,068− Insurance $600− Vacancy & upkeep $3,408Net operating income $15,724

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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