3 Massey Square Unit Ph06, Toronto E03

Price: $399,000

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12997756

Perched high above the city, Penthouse 06 at 3 Massey Square offers a rare opportunity to own a bright and spacious 2-bedroom, 1-bath residence with truly breathtaking, unobstructed views stretching across the skyline to the CN Tower and shimmering Lake Ontario.This thoughtfully laid-out suite features generous principal rooms, large windows that flood the space with natural light, and an inviting atmosphere that makes you feel at home the moment you walk in. The functional kitchen and open living and dining areas are perfect for both everyday living and entertaining, all set against a stunning panoramic backdrop.Both bedrooms are well-proportioned with ample closet space, while the unit also includes an ensuite locker, providing exceptional in-suite storage-a rare and highly desirable feature. Additional storage throughout the condo ensures everything has its place.Freshly presented and full of potential , allowing you to customize the space to your own taste.Located in a well-managed building with convenient access to transit, shopping, parks, and everyday amenities, this penthouse is ideal for first-time buyers, downsizers, or investors looking for value paired with unbeatable views.A fantastic opportunity to elevate your lifestyle-don't miss your chance to call this sky-high retreat home.

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$399,000 - 3 Massey Square Unit Ph06, Danforth

Condo for Sale in Danforth

62 days on market
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12997756
Property Type
Condo
Status
active
Days on Site
62
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Danforth / East York
Locker
Common
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Perched high above the city, Penthouse 06 at 3 Massey Square offers a rare opportunity to own a bright and spacious 2-bedroom, 1-bath residence with truly breathtaking, unobstructed views stretching across the skyline to the CN Tower and shimmering Lake Ontario.This thoughtfully laid-out suite features generous principal rooms, large windows that flood the space with natural light, and an inviting atmosphere that makes you feel at home the moment you walk in. The functional kitchen and open living and dining areas are perfect for both everyday living and entertaining, all set against a stunning panoramic backdrop.Both bedrooms are well-proportioned with ample closet space, while the unit also includes an ensuite locker, providing exceptional in-suite storage-a rare and highly desirable feature. Additional storage throughout the condo ensures everything has its place.Freshly presented and full of potential , allowing you to customize the space to your own taste.Located in a well-managed building with convenient access to transit, shopping, parks, and everyday amenities, this penthouse is ideal for first-time buyers, downsizers, or investors looking for value paired with unbeatable views.A fantastic opportunity to elevate your lifestyle-don't miss your chance to call this sky-high retreat home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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 Ph06, 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)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,344

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.

Negotiation Opportunity

At 62 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 Ph06, Danf… — $399,000 | Battaglia Team