#607-5 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E13797894

$299,000
For Sale
Listed 33 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Excellent opportunity to own this beautifully upgraded 1-bedroom apartment in a convenient and well-connected location.
  • Featuring a bright and spacious open-concept layout, an upgraded kitchen with a stylish centre island, and a beautifully upgraded washroom.
  • Ideally located within walking distance to Victoria Park Subway Station and close to shopping, restaurants, schools, parks, public transit, and everyday amenities.

MUST SELL! Excellent opportunity to own this beautifully upgraded 1-bedroom apartment in a convenient and well-connected location!Featuring a bright and spacious open-concept layout, an upgraded kitchen with a stylish centre island, and a beautifully upgraded washroom. Step outside onto your private balcony and enjoy scenic views.Ideally located within walking distance to Victoria Park Subway Station and close to shopping, restaurants, schools, parks, public transit, and everyday amenities.Residents also enjoy access to fantastic building amenities, including a gym, squash courts, and more.Perfect for first-time buyers, investors, or anyone looking for convenient city living. A great opportunity not to be missed!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13797894
Bedrooms
1
Bathrooms
1
Size
700-799 sq ft
Cross streets
Victoria Park Ave/Danforth Ave
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
Central Air
Exterior
Brick
Maintenance
$613/mo
Exposure
East
Property tax
$912 / 2026
Days on market
33
Listing brokerage
RE/MAX METROPOLIS REALTY

Rooms

Dining RoomGround6.97 × 5.61 m

w/o to balcony · east view

Primary BedroomGround5.25 × 3.19 m

parquet · double closet

KitchenGround3.44 × 2.19 m

Eat-in Kitchen

Living RoomGround6.97 × 5.61 m

l-shaped room · combined w/dining

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 · 0.0 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
$1,363/mo
$69KIncome needed
4.3×Price ÷ income
$314Weekly cost
$5,920Land 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 $1,363Property tax $76Condo fee $613Total carry $2,052

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)
$1,323per month

Mortgage amount $239,200 · 4.49% over 25 years

$59,800Down payment (20.0%)
$239,200Loan before insurance
$0CMHC premium
$2,012Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,323
Property tax
$76
Condo / maintenance fees
$613
Heating
$0
Estimated monthly cost
$2,012

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

One-time closing costs

Ontario land transfer tax
$2,960
Toronto municipal land transfer tax
$2,960
Estimated closing costs
$5,920

Plus your down payment of $59,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,601/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

$157,573Total interest paid
$396,773Total of all payments
Principal $239,200 Interest $157,573
YearPrincipalInterestBalance
1$5,338$10,533$233,862
2$5,580$10,291$228,282
3$5,834$10,037$222,448
4$6,099$9,772$216,350
5$6,375$9,496$209,974
6$6,665$9,206$203,309
7$6,968$8,903$196,342
8$7,284$8,587$189,058
9$7,615$8,256$181,443
10$7,960$7,911$173,483
11$8,322$7,549$165,161
12$8,700$7,171$156,462
13$9,095$6,776$147,367
14$9,508$6,363$137,860
15$9,939$5,932$127,920
16$10,390$5,480$117,530
17$10,862$5,009$106,668
18$11,355$4,516$95,312
19$11,871$4,000$83,441
20$12,410$3,461$71,031
21$12,973$2,897$58,058
22$13,563$2,308$44,495
23$14,178$1,693$30,317
24$14,822$1,049$15,495
25$15,495$376$0

At the end of your 5-year term

Total paid over the term
$79,355
Principal paid down
$29,226
Interest paid
$50,129
Balance remaining
$209,974

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
5.6%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.

9.6%
Gross yield
− Property tax $912− Condo fees $7,360− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,760

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

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