2801-5 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E13683210

$349,000
For Sale
Listed 63 days agoNo offer date statedSitting longer than typical
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1Bedrooms
1Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • Welcome to this bright and spacious, beautifully renovated 1-bedroom suite featuring an open-concept living and dining area, perfect for comfortable everyday living...
  • The fully renovated bathroom showcases a new vanity, bathtub, and modern tiled shower surround.
  • Residents enjoy outstanding building amenities, including 24-hour on-site security, an indoor pool, sauna, fitness centre, squash courts, party room, and ample...
  • Ideally located just minutes from Victoria Park Subway Station, nearby golf courses, shopping, restaurants, and only a 20-minute commute to downtown Toronto.

Welcome to this bright and spacious, beautifully renovated 1-bedroom suite featuring an open-concept living and dining area, perfect for comfortable everyday living and entertaining.The unit has been thoughtfully updated with stylish laminate flooring throughout and fresh paint in every room. The fully renovated bathroom showcases a new vanity, bathtub, and modern tiled shower surround. The generous primary bedroom offers a large closet, abundant natural light, and plenty of space for a sitting area or home office. Enjoy the convenience of a carpet-free interior with durable laminate and ceramic flooring throughout. Maintenance fees include all utilities, offering exceptional value. Parking and locker rentals are available through property management.Residents enjoy outstanding building amenities, including 24-hour on-site security, an indoor pool, sauna, fitness centre, squash courts, party room, and ample visitor parking. Ideally located just minutes from Victoria Park Subway Station, nearby golf courses, shopping, restaurants, and only a 20-minute commute to downtown Toronto. Walking distance to Eglinton Square Shopping Centre. A fantastic move-in-ready opportunity for first-time buyers, down sizers, or investors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13683210
Bedrooms
1
Bathrooms
1
Size
700-799 sq ft
Cross streets
Victoria Park/Danforth Ave
Parking
0 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick, Concrete
Maintenance
$625/mo
Exposure
West
Property tax
$980 / 2025
Days on market
63
Listing brokerage
ROYAL LEPAGE VISION REALTY

Rooms

KitchenFlat3.54 × 2.20 m

combined w/dining · tile floor · backsplash

Living RoomFlat7.20 × 3.60 m

l-shaped room · laminate · balcony

Dining RoomFlat3.54 × 2.20 m

w/o to balcony · laminate · balcony

Primary BedroomFlat4.80 × 3.25 m

laminate · large closet

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
Church-Yonge Corridor
$567K
Waterfront Communities C8
$551K
Kensington-Chinatown
$600K
Waterfront Communities C1
$605K

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
$1,591/mo
$78KIncome needed
4.5×Price ÷ income
$367Weekly cost
$7,420Land 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 $1,591Property tax $82Condo fee $625Total carry $2,297

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)
$1,544per month

Mortgage amount $279,200 · 4.49% over 25 years

$69,800Down payment (20.0%)
$279,200Loan before insurance
$0CMHC premium
$2,250Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,544
Property tax
$82
Condo / maintenance fees
$625
Heating
$0
Estimated monthly cost
$2,250

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

One-time closing costs

Ontario land transfer tax
$3,710
Toronto municipal land transfer tax
$3,710
Estimated closing costs
$7,420

Plus your down payment of $69,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,868/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

$183,923Total interest paid
$463,123Total of all payments
Principal $279,200 Interest $183,923
YearPrincipalInterestBalance
1$6,231$12,294$272,969
2$6,513$12,011$266,456
3$6,809$11,716$259,647
4$7,118$11,407$252,528
5$7,442$11,083$245,087
6$7,779$10,746$237,307
7$8,133$10,392$229,175
8$8,502$10,023$220,673
9$8,888$9,637$211,785
10$9,291$9,233$202,494
11$9,713$8,812$192,780
12$10,154$8,371$182,626
13$10,615$7,910$172,010
14$11,097$7,428$160,913
15$11,601$6,924$149,312
16$12,128$6,397$137,184
17$12,679$5,846$124,505
18$13,254$5,271$111,251
19$13,856$4,669$97,395
20$14,485$4,040$82,909
21$15,143$3,382$67,767
22$15,830$2,694$51,936
23$16,549$1,976$35,387
24$17,301$1,224$18,086
25$18,086$439$0

At the end of your 5-year term

Total paid over the term
$92,625
Principal paid down
$34,113
Interest paid
$58,512
Balance remaining
$245,087

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
4.7%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.

8.3%
Gross yield
− Property tax $980− Condo fees $7,497− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,555

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

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