5 Massey Square Unit 407, Toronto E03

Price: $2,100

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13076492

Large and Spacious 1 Bedroom Condo with large balcony in a great location near Victoria Park and Danforth right across from Victoria Park subway station. Small stores on site and close to Danforth shops, Dentonia park golf course, schools, parks and all amenities. Clean unit with large living and dining area, a good size eat-in kitchen, a super large balcony, a renovated 4pc bathroom & a large bedroom and storage closets! Great Building with excellent facilities including a recreation centre with a Gym, Indoor Pool, Basketball court, Squash court. Lots of Visitors Parking & 24 hr Security Guard on site. Bell Basic TV, and all utilities included. Special Deal on Bell Wifi and phone. Parking spot(s) available for rent at $80 per month.

5 Massey Square Unit 407 - Condo photo 1 of 18 in Danforth / East York, Ontario
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$2,100/mo - 5 Massey Square Unit 407, Danforth

Condo for Rent in Danforth

43 days on market
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E13076492
Property Type
Condo
Status
active
Days on Site
43
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
ILISTREALESTATE INC.
Description

Large and Spacious 1 Bedroom Condo with large balcony in a great location near Victoria Park and Danforth right across from Victoria Park subway station. Small stores on site and close to Danforth shops, Dentonia park golf course, schools, parks and all amenities. Clean unit with large living and dining area, a good size eat-in kitchen, a super large balcony, a renovated 4pc bathroom & a large bedroom and storage closets! Great Building with excellent facilities including a recreation centre with a Gym, Indoor Pool, Basketball court, Squash court. Lots of Visitors Parking & 24 hr Security Guard on site. Bell Basic TV, and all utilities included. Special Deal on Bell Wifi and phone. Parking spot(s) available for rent at $80 per month.

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 407, Danforth / East York

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$2,100/mo
≈ At typical 1-bed market rent
Annual Rent Cost
$25,200
12 × monthly rent

Estimated Monthly Budget

Asking Rent$2,100/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$2,230/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fairly Priced Rental

At $2,100/mo, this is in line with typical 1-bedroom rents in Danforth (~$2,300/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.

Market Position

At 43 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 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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

Let's Walk Through It Together

Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.

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    5 Massey Square Unit 407 | $2,100 | Battaglia Team