$349,000 - 5 Massey Square Unit 1701, Danforth
Condo for Sale in Danforth
33 days on market- MLS Number
- E13100980
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Danforth / East York
- Locker
- None
- Exposure
- West
- Balcony
- Enclosed
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Bright And Spacious, Renovated 1 bedroom with Open-Concept Living And Dining areas. The modern kitchen has oodles of cupboard/counter space, includes stainless steel appliances and LED lighting. The expansive living room opens onto the enclosed balcony which can be used for extra storage, office or additional utility. The bathroom has been re-modeled with stone counter and elegant modern fixtures. The large primary bedroom is fitted with custom closet, has lots of natural light and ample room to include a sitting area. The entire unit is carpet-free featuring laminate and ceramic floors for easy cleaning. Monthly fees include everything. Parking & Locker through management, Parking: $80 mo, Locker :$130 yr. The Complex offers Daycare, Doctor's & Dental offices. Building has 24 hr Security and tons of visitor parking. A short walk to subway, shopping and parks. This unit is Move-In-Ready for First-Time Buyers or Downsizers.
Estimate your monthly payments for this property
Estimated Payment
$1,790.55/mo
Includes CMHC insurance ($9,737)
5-yr fixed avg.
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.
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
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.
5 Massey Square Unit 1701, Danforth / East York
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $436/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 33 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 800 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.