408-1 Massey Square, Toronto, ON
Crescent Town, Toronto · MLS® E14090168
About this home
In short
- Welcome to Suite 408 at 1 Massey Square, a spacious, renovated and bright 2-bedroom condo of approximately 1,002 sq ft in the sought-after Crescent Town community.
- One of the biggest advantages is the maintenance fee, which includes radiant Heat, Hydro, Water, Cable TV, & 1 offering exceptional value and convenience.
- Perfectly situated just steps to Victoria Park Subway Station via an elevated & safe pedestrian bridge, for quick access to Downtown Toronto.
- Enjoy easy access to Crescent Town Elementary School, Crescent Town Club, Oakridge Community Recreation Centre, Dawes Road Public Library, Danforth shops and...
- Residents enjoy building amenities including an indoor swimming pool, fitness centre, visitor parking and 24-hour concierge/security.
Welcome to Suite 408 at 1 Massey Square, a spacious, renovated and bright 2-bedroom condo of approximately 1,002 sq ft in the sought-after Crescent Town community. Incredible value for such a large condo - definitely not a shoebox size! This south-facing, very nicely upgraded, carpet-free unit features an open balcony with green & terrace views, a generous combined living and dining area, and two well-sized bedrooms. Not all Massey Sq condos include the convenience of ENSUITE LAUNDRY and an ensuite locker, which this unit has! Vacant and available for immediate possession. Look at the nicely upgraded kitchen - stainless steel fridge, stove/oven, and range hood. One of the biggest advantages is the maintenance fee, which includes radiant Heat, Hydro, Water, Cable TV, & 1 offering exceptional value and convenience. Underground parking is included in the maintenance fee - and it's also optional. If you don't have a car, you can delete the included parking spot and the maintenance fee is reduced accordingly. Perfectly situated just steps to Victoria Park Subway Station via an elevated & safe pedestrian bridge, for quick access to Downtown Toronto. Everything you need is close by, including schools, daycare, grocery stores, pharmacies, banks, restaurants, community centres and places of worship. Enjoy easy access to Crescent Town Elementary School, Crescent Town Club, Oakridge Community Recreation Centre, Dawes Road Public Library, Danforth shops and restaurants inclluding Shoppers World mall, and beautiful outdoor spaces including Taylor Creek Park, Dentonia Park and the Taylor-Massey Creek ravine walking & cycling trails. Residents enjoy building amenities including an indoor swimming pool, fitness centre, visitor parking and 24-hour concierge/security. Don't miss this opportunity to own a spacious condo in a prime Toronto location with excellent transit, nature and everyday conveniences all nearby!
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- E14090168
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 1000-1199 sq ft
- Cross streets
- Crescent Town & Dawes
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Radiant
- A/C
- Window Unit(s)
- Exterior
- Brick, Metal/Steel Siding
- Maintenance
- $919/mo
- Exposure
- West
- Property tax
- $1,205 / 2026
- Days on market
- 3
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
combined w/dining · laminate · w/o to balcony
ceiling fan(s) · laminate · closet
combined w/laundry · laminate · w/o to balcony
combined w/living · laminate · w/o to balcony
stainless steel appl · tile floor · custom backsplash
Combined w/Br
ceiling fan(s) · laminate · closet
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 readThe 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $405/sqft; this home lists at $390/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Crescent Town, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $343,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,898
- Property tax
- $100
- Condo / maintenance fees
- $919
- Heating
- $0
- Estimated monthly cost
- $2,917
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,055
- Toronto municipal land transfer tax
- $5,055
- Estimated closing costs
- $10,110
Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $113,857
- Principal paid down
- $41,933
- Interest paid
- $71,924
- Balance remaining
- $301,267
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.