307-1 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E13775866

$385,000
For Sale
Listed 38 days agoNo offer date stated
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2Bedrooms
1Bathrooms
0Parking
900-999Sq ft

About this home

In short

  • 975 sq. ft. - - 2-bedroom condo with functional & spacious layout - - ALL utilities included - - 20+ large-capacity commercial washers & dryers in the building's...
  • 5-6 mins.) - - Danforth GO is one subway stop west via Main Street Station (Metrolinx has started expanding rail capacity along the Lakeshore East Corridor to support...
  • Porter specializes in technological, environmental and computer studies - - Crescent Town Elementary School is located within the community (4 Massey Square) - -...
  • 3-5 mins. by car) - - Dentonia Park Golf Course & Taylor Creek Park nearby.

975 sq. ft. - - 2-bedroom condo with functional & spacious layout - - **ALL utilities included** - - 20+ large-capacity commercial washers & dryers in the building's shared laundry room - - Residents have access to the nearby Crescent Town Club at *NO additional membership cost*, including a 25-metre indoor pool, gymnasium, exercise room, squash/racquetball courts and saunas - - Plenty of visitor parking on site with underground parking available for rent through building management - - Walking distance to Victoria Park Station (approx. 5-6 mins.) - - Danforth GO is one subway stop west via Main Street Station (Metrolinx has started expanding rail capacity along the Lakeshore East Corridor to support more frequent, two-way, all-day GO service) - - Nearby SATEC @ W.A. Porter specializes in technological, environmental and computer studies - - Crescent Town Elementary School is located within the community (4 Massey Square) - - Full-service Metro supermarket with a dedicated in-store bakery, deli, seafood and prepared food counters (approx. 3-5 mins. by car) - - Dentonia Park Golf Course & Taylor Creek Park nearby.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13775866
Bedrooms
2
Bathrooms
1
Size
900-999 sq ft
Cross streets
Victoria Park Ave & Danforth Ave
Parking
0 parking
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Brick
Foundation
Concrete
Maintenance
$839/mo
Exposure
West
Property tax
$1,205 / 2026
Days on market
38
Listing brokerage
Avenue Group Realty Inc.

Rooms

BathroomFlat2.36 × 1.52 m

4 Pc Bath

Dining RoomFlat2.24 × 3.53 m
KitchenFlat3.53 × 2.16 m
Bedroom 2Flat5.49 × 3.07 m

b/i closet · walk-in closet(s)

BedroomFlat5.36 × 3.38 m

B/I Closet

Living RoomFlat3.66 × 7.14 m
Our TakeTeam Asgarian · Broker
Above what recent sales support
$364Kautomated estimate, from recent sales

Listed at $385,000, about 6% above our estimate of $364K (homes like it typically land between $339K and $383K).

Why $364K. The typical condo sold in Crescent Town over the past year went for about $399K (36 sales). What sets this one apart:

  • ▼ Lowers it slightlyIt is 900 to 999 sq ft; the typical home sold here is 1,000 to 1,199.
List price
$339KBelow our range$385KAbove our range

Total price vs nearby homes. Fair value about $364K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
38days on market so far
$2,395/moest. rent · 21 leases
7.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 12 months of inventory: 16 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 $405/sqft against an area asking average of $433/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 74 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $374K. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($405/sqft) is below the area, so you are paying for extra space rather than a premium.

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
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
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 · 0.1 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
William J McCordic School · Public elementary0.8 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 elementary1.2 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
$1,755/mo
$89KIncome needed
4.3×Price ÷ income
$405Weekly cost
$8,500Land 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.

65%mortgage
Mortgage $1,755Property tax $100Condo fee $839Total carry $2,694

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)
$1,703per month

Mortgage amount $308,000 · 4.49% over 25 years

$77,000Down payment (20.0%)
$308,000Loan before insurance
$0CMHC premium
$2,642Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$100
Condo / maintenance fees
$839
Heating
$0
Estimated monthly cost
$2,642

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

One-time closing costs

Ontario land transfer tax
$4,250
Toronto municipal land transfer tax
$4,250
Estimated closing costs
$8,500

Plus your down payment of $77,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,061/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

$202,895Total interest paid
$510,895Total of all payments
Principal $308,000 Interest $202,895
YearPrincipalInterestBalance
1$6,873$13,563$301,127
2$7,185$13,250$293,941
3$7,512$12,924$286,430
4$7,853$12,583$278,577
5$8,209$12,227$270,368
6$8,582$11,854$261,786
7$8,972$11,464$252,815
8$9,379$11,057$243,436
9$9,805$10,631$233,631
10$10,250$10,186$223,381
11$10,715$9,721$212,666
12$11,202$9,234$201,464
13$11,710$8,725$189,754
14$12,242$8,194$177,512
15$12,798$7,638$164,714
16$13,379$7,057$151,335
17$13,986$6,449$137,348
18$14,622$5,814$122,727
19$15,285$5,150$107,441
20$15,979$4,456$91,462
21$16,705$3,731$74,757
22$17,463$2,972$57,293
23$18,256$2,179$39,037
24$19,085$1,351$19,952
25$19,952$484$0

At the end of your 5-year term

Total paid over the term
$102,179
Principal paid down
$37,632
Interest paid
$64,547
Balance remaining
$270,368

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 21 whole-home leases in Crescent Town$2,395/mo
$28,740Gross annual rent
3.6%Cap rate after taxes and upkeep
$2,275 to $2,514Typical 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 21 whole-home leases in Crescent Town signed at a median of $2,180 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,395. 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.

7.5%
Gross yield
− Property tax $1,205− Condo fees $10,069− Insurance $600− Vacancy & upkeep $3,161Net operating income $13,705

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Avenue Group Realty Inc.. MLS®/PropTx.

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