502-3 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E13794840

$329,900
For Sale
Listed 33 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Welcome Home to Crescent Town at 3 Massey Square.
  • Your new home was fully renovated just a few weeks ago.
  • Brand new 4 piece bath, open concept living with large windows, east view that floods the space with morning sun with a golf course view.
  • You will be steps to the subway, parks, trails, library, grocery stores, day care and the golf course.
  • The building has top notch amenities including an indoor pool, gym, squash courts & more.

Welcome Home to Crescent Town at 3 Massey Square. Your new home was fully renovated just a few weeks ago. Pack your bags and move right in! A rare opportunity to own a turnkey condo in an unbeatable location. This bright 1 bedroom condo checks every box: new floors, a modern kitchen with quartz countertop with a new stove, fridge, and cabinets. Brand new 4 piece bath, open concept living with large windows, east view that floods the space with morning sun with a golf course view. You will be steps to the subway, parks, trails, library, grocery stores, day care and the golf course. The building has top notch amenities including an indoor pool, gym, squash courts & more.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13794840
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Victoria Park and Danforth Avenue
Parking
0 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Maintenance
$602/mo
Exposure
East
Property tax
$1,003 / 2025
Days on market
33
Listing brokerage
NEWGEN REALTY EXPERTS

Rooms

KitchenMain2.19 × 3.35 m

renovated · quartz counter

Living RoomMain6.91 × 3.41 m

w/o to balcony · vinyl floor · open concept

Primary BedroomMain3.35 × 5.06 m

vinyl floor · large closet · large window

Dining RoomMain2.19 × 3.51 m

w/o to balcony · vinyl floor · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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
Samuel Hearne Public School · Public elementary0.8 km · 47% at standard
William J McCordic School · Public elementary0.8 km
Secord Elementary School · Public elementary0.8 km · 61% at standard
Oakridge Junior Public School · Public elementary1.0 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
Our Lady of Fatima Catholic School · Catholic elementary1.4 km · 69% at standard
D A Morrison Middle School · Public elementary1.5 km · 79% at standard
Blantyre Public School · Public elementary1.5 km · 71% at standard
Gordon A Brown Middle School · Public elementary1.5 km · 77% at standard
Malvern Collegiate Institute · Public secondary1.6 km · 87% at standard

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

Affordability & Mortgage

Affordability
$1,504/mo
$75KIncome needed
4.4×Price ÷ income
$347Weekly cost
$6,847Land 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 $1,504Property tax $84Condo fee $602Total carry $2,189

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)
$1,459per month

Mortgage amount $263,920 · 4.49% over 25 years

$65,980Down payment (20.0%)
$263,920Loan before insurance
$0CMHC premium
$2,145Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,459
Property tax
$84
Condo / maintenance fees
$602
Heating
$0
Estimated monthly cost
$2,145

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

One-time closing costs

Ontario land transfer tax
$3,424
Toronto municipal land transfer tax
$3,424
Estimated closing costs
$6,847

Plus your down payment of $65,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,766/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

$173,858Total interest paid
$437,778Total of all payments
Principal $263,920 Interest $173,858
YearPrincipalInterestBalance
1$5,890$11,622$258,030
2$6,157$11,354$251,873
3$6,437$11,075$245,437
4$6,729$10,782$238,708
5$7,034$10,477$231,674
6$7,354$10,157$224,320
7$7,688$9,824$216,633
8$8,037$9,475$208,596
9$8,402$9,110$200,195
10$8,783$8,728$191,412
11$9,182$8,329$182,230
12$9,599$7,912$172,631
13$10,034$7,477$162,597
14$10,490$7,021$152,107
15$10,966$6,545$141,140
16$11,464$6,047$129,676
17$11,985$5,526$117,691
18$12,529$4,982$105,162
19$13,098$4,413$92,065
20$13,692$3,819$78,372
21$14,314$3,197$64,058
22$14,964$2,547$49,094
23$15,644$1,868$33,450
24$16,354$1,157$17,096
25$17,096$415$0

At the end of your 5-year term

Total paid over the term
$87,556
Principal paid down
$32,246
Interest paid
$55,309
Balance remaining
$231,674

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$2,050/mo
$24,600Gross annual rent
4.0%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.

7.5%
Gross yield
− Property tax $1,003− Condo fees $7,223− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,069

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

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