2602-5 Massey Square, Toronto, ON

Crescent Town, Toronto · MLS® E14085860

$312,000
For Sale
Listed 3 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Discover the comfort of spacious condo living in the heart of Crescent Town.
  • Offering approximately 698 sq. ft., this beautifully refreshed one-bedroom suite features fresh paint, new vinyl plank flooring and baseboards.
  • Residents also enjoy complimentary basic membership to the on-site Crescent Town Club, featuring a 25-metre indoor swimming pool, full-size gymnasium, indoor running...
  • The building also provides 24/7 security and the convenience of an on-site property management office.
  • For added convenience, underground parking is available for $80 per month, with additional storage lockers available for $130 annually.

Discover the comfort of spacious condo living in the heart of Crescent Town! Offering approximately 698 sq. ft., this beautifully refreshed one-bedroom suite features fresh paint, new vinyl plank flooring and baseboards. The generous living and dining areas provide plenty of space to relax, entertain or work from home, while the spacious bedroom offers ample closet space. A private west-facing balcony completes this inviting home, combining comfortable living with everyday convenience. Everyday convenience extends beyond the suite, with maintenance fees that include heat, hydro, water and cable TV. Residents also enjoy complimentary basic membership to the on-site Crescent Town Club, featuring a 25-metre indoor swimming pool, full-size gymnasium, indoor running track, fitness facilities, squash courts and saunas. Recreational programming for all ages is available at an additional fee. The building also provides 24/7 security and the convenience of an on-site property management office. For added convenience, underground parking is available for $80 per month, with additional storage lockers available for $130 annually. Everyday essentials are right at your doorstep, with an on-site medical centre, walk-in clinic, pharmacy, dentist and convenience store. Victoria Park Subway Station is just steps away, providing easy access to the city, while Dentonia Park Golf Course, parks and trails offer nearby recreation opportunities. Grocery stores, banks, shopping and other retailers are all less than a five-minute drive away. Whether you're a first-time buyer, downsizer or simply looking for more space without sacrificing convenience, this is an opportunity worth exploring. With generous living space, exceptional amenities and everything you need close to home, there's so much to appreciate about life in Crescent Town. Come see for yourself!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14085860
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Victoria Park Ave / Danforth Ave
Parking
0 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Maintenance
$613/mo
Exposure
West
Property tax
$928 / 2026
Days on market
3
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Kitchen2.19 × 3.50 m

linoleum · w/o to balcony

Dining Room2.19 × 3.66 m

vinyl floor · w/o to balcony

Living Room3.63 × 6.58 m

vinyl floor · w/o to balcony · large closet

Bedroom3.26 × 4.72 m

vinyl floor · window · 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
Waterfront Communities C8
$554K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C1
$615K

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
$1,422/mo
$71KIncome needed
4.4×Price ÷ income
$328Weekly cost
$6,310Land 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.

67%mortgage
Mortgage $1,422Property tax $77Condo fee $613Total carry $2,113

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)
$1,380per month

Mortgage amount $249,600 · 4.49% over 25 years

$62,400Down payment (20.0%)
$249,600Loan before insurance
$0CMHC premium
$2,070Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,380
Property tax
$77
Condo / maintenance fees
$613
Heating
$0
Estimated monthly cost
$2,070

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

One-time closing costs

Ontario land transfer tax
$3,155
Toronto municipal land transfer tax
$3,155
Estimated closing costs
$6,310

Plus your down payment of $62,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,670/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

$164,424Total interest paid
$414,024Total of all payments
Principal $249,600 Interest $164,424
YearPrincipalInterestBalance
1$5,570$10,991$244,030
2$5,823$10,738$238,207
3$6,087$10,474$232,120
4$6,364$10,197$225,756
5$6,653$9,908$219,103
6$6,955$9,606$212,149
7$7,270$9,291$204,878
8$7,601$8,960$197,278
9$7,946$8,615$189,332
10$8,306$8,255$181,026
11$8,684$7,877$172,342
12$9,078$7,483$163,264
13$9,490$7,071$153,774
14$9,921$6,640$143,854
15$10,371$6,190$133,482
16$10,842$5,719$122,640
17$11,335$5,226$111,305
18$11,849$4,712$99,456
19$12,387$4,174$87,069
20$12,950$3,611$74,120
21$13,538$3,023$60,582
22$14,152$2,409$46,430
23$14,795$1,766$31,635
24$15,466$1,094$16,169
25$16,169$392$0

At the end of your 5-year term

Total paid over the term
$82,805
Principal paid down
$30,497
Interest paid
$52,308
Balance remaining
$219,103

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
4.2%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.

7.9%
Gross yield
− Property tax $928− Condo fees $7,360− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,006

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

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