$331,900 - 5 Massey Square Unit 903, Danforth
Condo for Sale in Danforth
54 days on market- MLS Number
- E13010676
- Property Type
- Condo
- Status
- active
- Days on Site
- 54
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Danforth / East York
- Locker
- Common
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Beautifully updated and exceptionally spacious, this one bedroom suite offers a large private balcony with southwest views of downtown Toronto and the CN Tower. Enjoy sunsets and plenty of natural light throughout.The kitchen features quartz countertops, a full quartz backsplash, an undermount double sink, and soft close cabinetry, making it practical for everyday use and entertaining. The bathroom has been refreshed with a granite vanity and bright white tiled tub surround for a clean, modern feel. New closet doors add to the fresh, move in ready condition.This suite is a great option for first time buyers, investors, or those looking to downsize. The building is well managed with low maintenance fees and offers rental parking and lockers through property management.Amenities include 24 hour security, a gym, indoor pool, sauna, racquet and squash courts, weight room, party and meeting rooms, visitor parking, and an underground car wash. Electric vehicle charging stations are expected in the near future. A great opportunity in a convenient location.
Estimate your monthly payments for this property
Estimated Payment
$1,702.82/mo
Includes CMHC insurance ($9,260)
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 903, 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 $474/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 54 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.