5 Massey Square Unit 1108, Toronto E03

Price: $434,999

3 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: E13222058

Welcome to this spacious 2-Bedroom + Den condo at 5 Massey Square! This bright unit includes an enclosed balcony that doubles as a solarium. Unobstructed view of Golf Course, The den adds flexibility to the layout and can be used as a home office or a dining room. All utilities included in the maintenance fees, you can enjoy worry-free comfort without concern for energy usage! Parking spot is available for rent with the building. The building is equipped with amenities including a huge private Recreation Centre with a gym, indoor swimming pool, sauna, tennis, squash and basketball courts, and 24-hour security service. This condo is situated just steps from schools, daycare, clinics, Victoria Park Subway Station, parks, shopping plazas, grocery stores, pharmacies & libraries. Approximately 20 minutes to downtown Toronto. Please visit the property before you miss the great opportunity. This might be your dream home.

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New Listing
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$434,999 - 5 Massey Square Unit 1108, Danforth

Condo for Sale in Danforth

New — Listed 2 days ago
3Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
E13222058
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Danforth / East York
Locker
Ensuite+Owned
Exposure
East
Balcony
Enclosed
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to this spacious 2-Bedroom + Den condo at 5 Massey Square! This bright unit includes an enclosed balcony that doubles as a solarium. Unobstructed view of Golf Course, The den adds flexibility to the layout and can be used as a home office or a dining room. All utilities included in the maintenance fees, you can enjoy worry-free comfort without concern for energy usage! Parking spot is available for rent with the building. The building is equipped with amenities including a huge private Recreation Centre with a gym, indoor swimming pool, sauna, tennis, squash and basketball courts, and 24-hour security service. This condo is situated just steps from schools, daycare, clinics, Victoria Park Subway Station, parks, shopping plazas, grocery stores, pharmacies & libraries. Approximately 20 minutes to downtown Toronto. Please visit the property before you miss the great opportunity. This might be your dream home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.77/mo

Includes CMHC insurance ($12,136)

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5-yr fixed avg.

Principal: $391,499Interest: $265,895
Mortgage Amount$403,635
Total Interest$265,895
Est. Property Tax$308/mo
Total Cost$669,531

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

5 Massey Square Unit 1108, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$1,696

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 $483/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Danforth's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    5 Massey Square Unit 1108, Danf… — $434,999 | Battaglia Team