1 Massey Square Unit 612, Toronto E03

Price: $279,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13165324

This unit gets lots of sun and great view of the park with Large Balcony Overlooking the Greenbelt. Execellent location walking distance to Victoria Park Subway Station, Golf, Shopping, indoor pool, Sauna, 24 Hr. Security and Rental Parking available. Window A/C can be installed with approval and monthly fee. The condo fee includes Hydro, Water, use of the exercise room, indoor pool, and sauna. This property is priced low for a savvy buyer who could bring in the idea to make it home.

1 Massey Square Unit 612 - Condo photo 1 of 16 in Danforth / East York, Ontario
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$279,000 - 1 Massey Square Unit 612, Danforth

Condo for Sale in Danforth

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E13165324
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
NU-VISTA PINNACLE REALTY BROKERAGE INC
Description

This unit gets lots of sun and great view of the park with Large Balcony Overlooking the Greenbelt. Execellent location walking distance to Victoria Park Subway Station, Golf, Shopping, indoor pool, Sauna, 24 Hr. Security and Rental Parking available. Window A/C can be installed with approval and monthly fee. The condo fee includes Hydro, Water, use of the exercise room, indoor pool, and sauna. This property is priced low for a savvy buyer who could bring in the idea to make it home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,431.41/mo

Includes CMHC insurance ($7,784)

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5-yr fixed avg.

Principal: $251,100Interest: $170,540
Mortgage Amount$258,884
Total Interest$170,540
Est. Property Tax$198/mo
Total Cost$429,424

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Danforth / East York

Discover Danforth / East York

Danforth / East York is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Danforth / East York

  • Convenient location in Danforth / East York
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Danforth / East York offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Massey Square Unit 612, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$198
Insurance (est.)-$58
Net Cash Flow+$1,089

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $399/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1 Massey Square Unit 612, Danfo… — $279,000 | Battaglia Team