5 Massey Square Unit 2103, Toronto E03

Price: $349,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E12988314

Welcome To This Bright And Beautifully Maintained Condo, Offering An Exceptional Blend Of Space, Comfort And Functionality. Featuring A Generous Open-Concept Living And Dining Area With Brand-New Flooring, This Home Is Perfect For Both Entertaining And Everyday Living. The Updated Kitchen Showcases New Flooring And Countertops, Along With Ample Freshly Painted Cabinetry-Combining Style And Practicality For Daily Cooking And Hosting. Enjoy Breathtaking West-Facing Views Of The Toronto Skyline, Lake Ontario, And Tranquil Green Space From This High-Floor Unit-Minimizing Elevator Wait Times During Peak Hours. Balcony Repainting And Renovation Are Currently Underway By Building Management, Adding Further Value And Appeal To The Property. Conveniently Located Just A 5-Minutes Walk To Victoria Park Subway Station And Only 20 Minutes To Downtown, This Home Offers Easy Access To Transit, Shopping, Parks, And Essential Amenities. An Incredible Opportunity For First-Time Buyers, Downsizers, Or Investors Seeking A Move-In-Ready Home In A Prime Location.

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$349,000 - 5 Massey Square Unit 2103, Danforth

Condo for Sale in Danforth

59 days on market
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E12988314
Property Type
Condo
Status
active
Days on Site
59
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Locker
Ensuite+Common
Exposure
West
Balcony
Open
Listing Brokerage
REALTY 21 INC.
Description

Welcome To This Bright And Beautifully Maintained Condo, Offering An Exceptional Blend Of Space, Comfort And Functionality. Featuring A Generous Open-Concept Living And Dining Area With Brand-New Flooring, This Home Is Perfect For Both Entertaining And Everyday Living. The Updated Kitchen Showcases New Flooring And Countertops, Along With Ample Freshly Painted Cabinetry-Combining Style And Practicality For Daily Cooking And Hosting. Enjoy Breathtaking West-Facing Views Of The Toronto Skyline, Lake Ontario, And Tranquil Green Space From This High-Floor Unit-Minimizing Elevator Wait Times During Peak Hours. Balcony Repainting And Renovation Are Currently Underway By Building Management, Adding Further Value And Appeal To The Property. Conveniently Located Just A 5-Minutes Walk To Victoria Park Subway Station And Only 20 Minutes To Downtown, This Home Offers Easy Access To Transit, Shopping, Parks, And Essential Amenities. An Incredible Opportunity For First-Time Buyers, Downsizers, Or Investors Seeking A Move-In-Ready Home In A Prime Location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,790.55/mo

Includes CMHC insurance ($9,737)

$
$
5%10%50%

5-yr fixed avg.

Principal: $314,100Interest: $213,328
Mortgage Amount$323,837
Total Interest$213,328
Est. Property Tax$247/mo
Total Cost$537,165

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 2103, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$247
Insurance (est.)-$73
Net Cash Flow+$1,025

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 $499/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 59 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.

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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    5 Massey Square Unit 2103, Danf… — $349,000 | Battaglia Team