415-5 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E13651530

$579,999
For Sale
Listed 73 days agoNo offer date statedSitting longer than typical
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◎ Directions
3Bedrooms
2Bathrooms
0Parking
1000-1199Sq ft

About this home

Recently renovated, sunny west view. A must see! Multi-million $$$ recreation centre - free membership. Close to downtown and in close proximity to Victoria Park Subway Station. Plenty of visitor parking. Beautiful landscaping recently completed. Doctor's offices, grocery store, town hall, party room, and on-site postal service for deliveries.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13651530
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Victoria Park/Danforth Ave
Parking
0 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Maintenance
$944/mo
Exposure
West
Property tax
$2,736 / 2026
Days on market
73
Listing brokerage
ROYAL LEPAGE IGNITE REALTY

Rooms

Living RoomGround7.14 × 5.49 m

w/o to balcony · overlooks garden

Bedroom 2Ground5.77 × 4.47 m

window · double doors · laminate

KitchenGround4.72 × 2.95 m

renovated · quartz counter · porcelain floor

Primary BedroomGround5.82 × 4.83 m

walk-in closet(s) · 2 pc ensuite · laminate

Dining RoomGround4.50 × 2.95 m

laminate · laminate

Bedroom 3Ground4.50 × 4.22 m

window · double doors

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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
Waterfront Communities C8
$554K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 · 0.0 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 elementary0.7 km · 61% at standard
Samuel Hearne Public School · Public elementary0.8 km · 47% at standard
William J McCordic School · Public elementary0.8 km
Secord Elementary School · Public elementary0.9 km · 61% at standard
Oakridge Junior Public School · Public elementary0.9 km · 61% at standard
Regent Heights Public School · Public elementary1.2 km · 68% at standard
Taylor Creek Public School · Public elementary1.3 km · 41% at standard
Blantyre Public School · Public elementary1.4 km · 71% 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
Adam Beck Junior Public School · Public elementary1.5 km · 73% at standard
D A Morrison Middle School · Public elementary1.5 km · 79% at standard

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

Affordability & Mortgage

Affordability
$2,643/mo
$129KIncome needed
4.5×Price ÷ income
$610Weekly cost
$16,150Land 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.

69%mortgage
Mortgage $2,643Property tax $228Condo fee $944Total carry $3,815

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,566per month

Mortgage amount $463,999 · 4.49% over 25 years

$116,000Down payment (20.0%)
$463,999Loan before insurance
$0CMHC premium
$3,738Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,566
Property tax
$228
Condo / maintenance fees
$944
Heating
$0
Estimated monthly cost
$3,738

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

One-time closing costs

Ontario land transfer tax
$8,075
Toronto municipal land transfer tax
$8,075
Estimated closing costs
$16,150

Plus your down payment of $116,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,105/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

$305,660Total interest paid
$769,659Total of all payments
Principal $463,999 Interest $305,660
YearPrincipalInterestBalance
1$10,354$20,432$453,645
2$10,825$19,962$442,820
3$11,316$19,470$431,504
4$11,830$18,956$419,674
5$12,367$18,419$407,307
6$12,929$17,858$394,379
7$13,516$17,271$380,863
8$14,129$16,657$366,734
9$14,771$16,016$351,963
10$15,441$15,345$336,522
11$16,142$14,644$320,379
12$16,875$13,911$303,504
13$17,642$13,145$285,862
14$18,443$12,344$267,420
15$19,280$11,506$248,140
16$20,155$10,631$227,984
17$21,071$9,716$206,914
18$22,027$8,759$184,886
19$23,027$7,759$161,859
20$24,073$6,714$137,786
21$25,166$5,621$112,620
22$26,308$4,478$86,312
23$27,503$3,283$58,809
24$28,752$2,035$30,057
25$30,057$729$0

At the end of your 5-year term

Total paid over the term
$153,932
Principal paid down
$56,692
Interest paid
$97,240
Balance remaining
$407,307

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$3,400/mo
$40,800Gross annual rent
3.7%Cap rate after taxes and upkeep

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.

7.0%
Gross yield
− Property tax $2,736− Condo fees $11,324− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,652

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

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