3 Massey Square Unit 906, Toronto E03

Price: $449,000

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12767898

Bright, well-maintained and move-in ready, this spacious unit offers an ideal blend of comfort, value, and convenience for today's buyer. Thoughtfully laid out with generous living and dining areas, large windows for abundant natural light, and a functional kitchen with ample storage, it's perfect for both everyday living and entertaining. The bedroom is well-sized with great closet space, while the updated bathroom and fresh finishes add to the home's appeal. Enjoy a low-maintenance lifestyle in a well-managed community with access to amenities and utilities often included in the fees, making ownership more affordable and predictable. Located in a transit-friendly neighbourhood with quick access to highways, shopping, parks, schools, and everyday essentials, this is a smart opportunity for first-time buyers looking to get into the market or investors seeking strong rental potential in a high-demand area.

3 Massey Square Unit 906 - Condo photo 1 of 3 in Danforth / East York, Ontario
3 Massey Square Unit 906 - Condo photo 2 of 3 in Danforth / East York, Ontario
3 Massey Square Unit 906 - Condo photo 3 of 3 in Danforth / East York, Ontario
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$449,000 - 3 Massey Square Unit 906, Danforth

Condo for Sale in Danforth

105 days on market
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12767898
Property Type
Condo
Status
active
Days on Site
105
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Danforth / East York
Locker
Ensuite
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX ACE REALTY INC.
Description

Bright, well-maintained and move-in ready, this spacious unit offers an ideal blend of comfort, value, and convenience for today's buyer. Thoughtfully laid out with generous living and dining areas, large windows for abundant natural light, and a functional kitchen with ample storage, it's perfect for both everyday living and entertaining. The bedroom is well-sized with great closet space, while the updated bathroom and fresh finishes add to the home's appeal. Enjoy a low-maintenance lifestyle in a well-managed community with access to amenities and utilities often included in the fees, making ownership more affordable and predictable. Located in a transit-friendly neighbourhood with quick access to highways, shopping, parks, schools, and everyday essentials, this is a smart opportunity for first-time buyers looking to get into the market or investors seeking strong rental potential in a high-demand area.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,303.60/mo

Includes CMHC insurance ($12,527)

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5-yr fixed avg.

Principal: $404,100Interest: $274,454
Mortgage Amount$416,627
Total Interest$274,454
Est. Property Tax$318/mo
Total Cost$691,081

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

3 Massey Square Unit 906, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$1,298

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 $449/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.

Negotiation Opportunity

At 105 days on site, this property has exceeded the typical selling timeline for Danforth. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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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    3 Massey Square Unit 906, Danfo… — $449,000 | Battaglia Team